ANYWHERE else one might expect bank runs or a stockmarket crash. But in Lebanon the toppling of a Western-backed coalition that recorded five years of solid economic growth and its replacement with a rival alliance, underpinned by an Iranian-funded outfit that America terms terrorist, has caused no such hiccups. Instead, the installation of a new prime minister, just two weeks after his predecessor’s government fell, brought mostly relief. .... The latest swirl in Lebanon’s politics has cheered Hizbullah’s Shia constituents and its Syrian and Iranian backers. But not only them..... powerful Lebanese Christian groups have long chafed at what they see as the Hariri family’s overweening economic and political influence. ..."
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