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Lebanon crisis: Protesters in Beirut smash banks as economy, pound, spiral out of control

More than three quarters of the population of 6 million have been plunged into poverty. The pound has lost more than 98 per cent of its value.

Salim sfeirInternational monetary fundInternational monetary

Frustrated Depositors Set Beirut Banks On Fire As Lebanese Pound Hits New Low

As the Lebanese pound continues its swift descent into the void, several dozen protesters attacked banks in the capital city

Amin salamSalim sfeirViolette balaaCredit bankBank audiAssociation of banksByblos bankDepositors outcryRami ghandourArab newsSin el fil

Protesters in Beirut smash banks as Lebanese pound spirals

Angry protesters in Lebanon have smashed windows and set tires on fire outside two of the country’s biggest banks in Beirut, as the value of the local currency hit a new low and poverty deepens

Bekaa valleyAmin salamSalim sfeirInternational monetary fundLebanese armyAssociated pressLebanon thursdayEconomy minister amin salamInternational monetaryRecessions and depressionsFinancial servicesFinancial crisisEneral news

Banks burn in Lebanon as exchange rate falls to historic low

Lebanese banks were already on strike and the government’s interventions have failed to alleviate the economic crisis.

Salim sfeirNational news agencyAssociation of banksLira rateL orient todayNational newsLast august

Protesters in Beirut smash banks as Lebanese pound spirals | Taiwan News

Protesters in Beirut smash banks as Lebanese pound spirals | 2023-02-17 01:43:33

Bekaa valleyAmin salamSalim sfeirInternational monetary fundLebanese armyAssociated pressLebanon thursdayEconomy minister amin salamInternational monetary

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