Bloomberg Businessweek

Playing With Fire

Trump’s Jerusalem decision complicates life for the Saudis and could benefit Iran
A Palestinian protester in Ramallah

The protests in Beirut’s southern suburbs on Dec. 11 were as predictable as they were angry. The neighborhoods are a stronghold of Hezbollah, the Iranian-backed Shiite militia, and President Trump’s decision a few days earlier to recognize Jerusalem as Israel’s capital struck at the core of the group’s mission: the continued struggle against the Jewish state. Thousands of protesters chanted, “War, war until victory” and waved Palestinian flags. Hezbollah’s chief, Hassan Nasrallah, appeared by video link projected onto an outdoor screen to urge all “resistance groups” to unite. “Trump’s decision will be the beginning of the end of Israel,” he declared.

The call to arms wasn’t entirely confined

You're reading a preview, sign up to read more.

More from Bloomberg Businessweek

Bloomberg Businessweek2 min readFood & Wine
Real Barbecue Ain’t Easy
The best new cookbooks argue that this fine Southern art requires commitment and complexity.
Bloomberg Businessweek2 min read
Women On The Firing Line
The conventional wisdom used to be that businesses in nations with low wages and growing labor pools would have little incentive to invest in robots and artificial intelligence. No longer. Two-thirds of jobs in the developing world are at risk from t
Bloomberg Businessweek5 min read
The Star Who Fell To Earth
Neil Woodford is a famous fund manager in the United Kingdom. At a time when individual investors are pouring money into anonymously run index funds, there aren’t many of those left anywhere in the world. He now faces a crisis after he froze investor