Lebanon PM Mikati likely to be nominated again, sources say ...Kuwait

Lebanon's caretaker premier Najib Mikati will likely be nominated for a new term on Thursday, political sources said, keeping him at the helm as the country prepares for steep financial and political challenges in the months ahead. If reinstalled, Mikati will have to steer Lebanon through an economic recovery plan that aims to secure a $3 billion International Monetary Fund bailout to ease the country's financial meltdown, one of the worst in modern times. Factions of Lebanon's political and financial heavyweights remain divided over key issues, including how to address financial sector losses estimated at over $70 billion. Political sources said Mikati, a billionaire

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