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her elderly mother said. Their bill for oil, milk, rice and coffee is four times higher than it was before a severe economic crisis hit the country late in 2019. The women said they would forgo traditional home-made Easter cakes this weekend because pistachios, a key ingredient, are unaffordable. Lebanon relies on imports to feed its people, and their price has risen in proportion to the fall of the local currency, which has lost about 90 per cent of its value against the dollar since late 2019. In a report last month, the World Bank said Lebanon had the highest food prices in the region. ....
4 Min Read BEIRUT (Reuters) - The collapse of Lebanon’s currency has forced many grocery shops to temporarily shut within the last 24 hours, raising fears that a country reliant on imports could soon face shortages of food. People shop inside a supermarket in Beirut, Lebanon March 16, 2021. Picture taken March 16, 2021. REUTERS/Mohamed Azakir Food shops around the country were locking their doors, halting online deliveries or restricting customers’ orders. Others stayed open, but could not say for how long. “There’s a big possibility we will close if it stays like this. I don’t know where will we get supplies, and no one is helping us,” said Beirut grocer Mohieldin Fayed, who has kept his shop open. ....
March 17, 2021 at 9:20 pm | Published in: Lebanon, Middle East, News Protestors blocked roads during ongoing demonstrations against the current economic crisis, in Beirut, Lebanon on March 17, 2021 [Mahmut Geldi / Anadolu Agency] March 17, 2021 at 9:20 pm The collapse of Lebanon s currency has forced many grocery shops to temporarily shut within the last 24 hours, raising fears that a country reliant on imports could soon face shortages of food, reported Reuters. Food shops around the country were locking their doors, halting online deliveries or restricting customers orders. Others stayed open, but could not say for how long. There s a big possibility we will close if it stays like this. I don t know where will we get supplies, and no one is helping us, said Beirut grocer Mohieldin Fayed, who has kept his shop open. ....
Sunday, 10 January, 2021 - 10:15 A man shops at a grocer in Lebanon. (Reuters) Beirut - Paula Astih Shoppers recently visiting a Lebanese market may feel that they are in a country other than Lebanon. The global goods, which the consumer is accustomed to, are missing from most of the shelves, and if any, their prices are now four times higher because the dollar exchange rate has risen dramatically in the past months. The missing products have been replaced by cheaper alternatives, “albeit of lesser quality, with the majority being imported from Turkey, Egypt and Syria,” according to the Director General of the Ministry of Economy, Mohammed Abu Haidar. ....