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Riad al Solh

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The Deep Roots of Lebanon's Financial Crisis
April 30th, 2020 - 01:00 GMT

The Deep Roots of Lebanon's Financial Crisis

The policy of relying too much on debt to fund the budget has created problems for the young government of Prime Minister Hassan Diab. In the ongoing protests in Lebanon, people have focused their anger on one particular target: banks. At least a dozen branches of different banks have been firebombed since protests broke out this week. The weeks-long curfew to stem the spread of the novel coronavirus eased just ...
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