Word: aoun
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...Khoury's victory is a reflection of the popularity of his patron, Michel Aoun, a charismatic and enigmatic former general who heads the country's largest Christian political party, the Free Patriotic Movement. Aoun's popularity confounds any attempt to read Lebanon as a battlefield in a "clash of civilizations," because he and his party are openly allied with Hizballah, the Iran-backed Shi'ite Muslim political party and anti-Israeli militia that leads the opposition...
...What could Lebanese Christians possibly have in common with Hizballah, the Islamist resistance movement? Perhaps it is the fact that Aoun's Christian supporters and Hizballah's rank and file are motivated by a shared animus towards Lebanon's political elite, a handful of families such as the Gemayel, whose progeny resurface in government after government. In fact, many of the supporters of the current government are civil war-era militia leaders, who accommodated themselves rather nicely to the years of Syrian occupation, but who have now emerged wearing business suits and talking U.S.-friendly language about democracy and independence...
...decided to sell shares to the public. Too tiny to trade on New York City's NASDAQ, the company focused instead on another market catering to ambitious upstarts like Vycon. London's Alternative Investment Market (AIM) was a "global market for small companies," says Vycon president and CEO Tony Aoun, which would "put the company in a good light." When the business listed on AIM in March, investors poured in $18 million, fulfilling Vycon's best hopes...
...This isn't a market for widows and orphans." Investors prepared to do their homework are bullish. "The prospects for AIM look as good or better than they've ever looked," says Patrick Evershed, a fund manager at New Star Asset Management in London. Vycon's Aoun encourages firms to consider AIM, but with a caveat. "This is no minor undertaking," he says. "Be ready for some serious work." After all, growing up is hard...
...well have been a turning point in that struggle. There are signs that the crisis has cooled, at least temporarily. Hizballah chief Sheik Hassan Nasrallah has retreated from his militant rhetoric and called his people from the streets. His main political ally, ambitious former Lebanese army commander Michel Aoun, who is popular with a significant bloc of Christians, has become publicly worried about future opposition protests out of apparent concern they could trigger Christian-on-Christian fighting...