But is the country ready for it. And it has all of its to business hong kongs worst political crisis in decades is also causing economic upheaval later carolan says the city is on the brink of recession as it enters its 5th month of program ocracy protests tourist numbers have dropped and Retail Businesses hurt as theyve been forced to shutter their doors during rallies. After 5 months of prodemocracy protests some people in hong kong are tired of the demonstrations and blocked roads the city states divided community is on edge many were looking to carry lamb speech and shoes there to see whether she would years of the protesters demands she issued a warning things you. Need all that there is a large likelihood that for the year 2019 we will see a full year recession that means we will reach 0 to one percent growth so this situation is highly serious in addition as i have stated in the Policy Address the
Hong Kong Government will closely monitor the development of the economy and take
bank is part of the problem. on monday the protests continued all over beirut in places the blockade looks a little like a street party but looks can be deceptive people are angry. that isn t a good 30 and if we do not block the roads then we can put pressure on the government to get me going we need to bring all the people to the streets and not only those who are already here who had it and then the government will be forced to listen to us somehow. a group of protesters also blocked the road leading to lebanon central bank on monday. dozens of people called for the resignation of the bank s governor riad salome. this is the central bank this is the location where the corruption of the comparison is of the headquarters on the well that we re dealing with reading in the press the formation of all the hundreds of millions of dollars that have been taken away from the people and also calls for
major cities like london and paris have had demonstrations and they do not destroy the reputations of those places is the way how the government hendo xit organised handles it which will have far greater impact on the reputation of to place and economic prospects of the city and that is what we re seeing in hong kong stiff sung thank you very much for your analysis from the university of london. school of oriental african studies thank you thank you. lebanese banks were shot again today demonstrations that paralyze the country in the fraud long closure of banks has raised fears of economic collapse the central bank says a solution is needed within days of protests to say it s part of the problem. on monday the protests continued all over beirut in places the blockade looks a little like a street party but looks can be deceptive people are angry. that isn t expected 30