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Transcripts For ALJAZ Marco Polo A Very Modern Journey The New World 20220916

And one day banks were closed for 3 days next week because of security concerns. Many of the hold up on friday were by people demanding their own money. In a hodder is following the situation outside one bank in beirut. At least 9 hold ups today. In the past 3 days there were 11. If you can see behind me, there are 2 depositors inside that bank. And one of them is a 90 year old woman has the full amount. She is demanding her money. She says that she can no longer survive. Her children cant find work. The Economic Situation is only getting worse. These are depositors, their arms hope unquote, robbing banks. But what theyre demanding is their own money. The bank had to impose unofficial capital control since late 2019. They have severely limited the amount of money you can withdraw. And if you would draw from a dollar account, they give you the money in that local currency, but at a much lower rate than the market. So thats a de facto haircut. So what people feel is that they have been p

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