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currency crisis

currency crisis latest

A closed shop for rent or sale in the upmarket area of Kaslik, north of Lebanon's capital Beirut, is pictured on July 16, 2020. The International Monetary Fund warned of the high cost of holding up reforms in Lebanon, two months into bailout talks to redress its nosediving economy. JOSEPH EID / AFP
July 20th, 2020 - 08:27 GMT

Beirut Shops Gradually Close Down as The Currency Crisis Sees No End

Jamal fidgeted; he didn't have much time to talk. On one side of the shop old books pile up, on the other side lays a ramshackle collection of shoes, slippers and shirts. Clearance signs were slapped across the shop’s windows. Jamal told The Daily Star that he had to pack up all the stock in the shop and return the keys to the landlord in the next few hours. Jamal’s ...
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A protester holding the Lebanese flag runs as protesters block the Jounieh Tripoli highway with flaming tires set aflame during a demonstration against dire economic conditions in Jal el Dib North East of the Lebanese capital Beirut late on June 11, 2020. Patrick BAZ / AFP
June 12th, 2020 - 04:51 GMT

Lebanese Protesters March to Central Bank, Attempt to Occupy it

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