Lebanon’s losses from the war with Israel have exceeded $20 billion and could reach $25 billion if hostilities continue. Lebanese Finance Minister Yassin Jaber stated that the losses had surpassed this figure. According to the minister, the full scale of economic and social damage will only become apparent after hostilities cease and refugees return to destroyed areas.
On June 2, U.S. President Donald Trump announced that Israeli Prime Minister Benjamin Netanyahu and representatives of Hezbollah had agreed to stop shelling following talks with both sides. The president expressed hope that the agreement would last “forever.”
In a telephone conversation with Netanyahu on June 1, Trump criticized his actions in the Middle East, calling him “crazy.” The president raised concerns about the large number of civilian deaths and the destruction of entire buildings.