Lebanon was long viewed as the Switzerland of the Middle East. Until relatively recently, billions were deposited in its banks. Gulf states were among the foremost investors in Beirut. But this all came to an end in 2019. Now the troubled nation is gripped by the worst economic crisis in its history. Birgit Svensson reports from Beirut and Tripoli
Lebanon was long viewed as the Switzerland of the Middle East. Until relatively recently, billions were deposited in its banks. Gulf states were among the foremost investors in Beirut. But this all came to an end in 2019. Now the troubled nation is gripped by the worst economic crisis in its history. Birgit Svensson reports from Beirut and Tripoli