Hassan al-Sharif, a tailor in Nabatieh, reopened his shop several months ago after noticing a surge in demand for his service, as prices of textiles and threads have skyrocketed since the collapse of the Lebanese pound to the U.S. dollar starting late 2019. Amjad Hayek spends hours in Leb...
A brewing storm: the impact of economic collapse on the access to antimicrobials in Lebanondoi:10.1016/j.jgar.2022.04.023Issmat I.KassemCenter for Food Safety, Department of Food Science and Technology, University of Georgia, Griffin, Georgia. Electronic address: issmat.kassem@uga.edu.Marwan....
BEIRUT (AP) — The World Bank accused Lebanon’s political class of orchestrating the country's economic collapse, warning in a report released Tuesday that the meltdown is a long-term threat to the small Mideast nation. The World Bank's Lebanon Economic Monitor showed the country's gross ...
Lebanon has been suffering from an unprecedented financial crisis amid shortage of U.S. dollars which has caused a collapse in the local currency, plunging over 78 percent of the population into poverty. The cabinet formed in last September has not met for three months, as political rivals have...
Yet the old society would reassert itself except in those societies that had experienced either defeat and collapse or Pyrrhic victory (Italy, Japan) in the conflict. Wells thus has to imagine further crises after economic depression and world war to permanently shatter Western societies that had ...
Lebanon has been shaken by a severe economic and financial crisis, made worse in recent months by the coronavirus and lockdown restrictions. The financial crisis features a collapse of the local currency, which lost more than 80% of its value, and severe shortage of dollars — dramatically impa...
On the Road to Annexation, Israel Is Intentionally Causing Economic Collapse in the West Bank To Israeli Finance Minister Bezalel Smotrich, this campaign of wrecking the Palestinian economy is a necessary phase in his declare...
"No one argues that the economic situation is perplexing in Lebanon, this matter is not exceptional for Lebanon. Rather, there are many countries threatened with collapse. It is not permissible for us to despair, although there are attempts to spread hopelessness in the country, this is a peri...
In Yemen, the conflict, embargo, and monetary collapse have sent prices soaring, plunging a majority of Yemenis into extreme poverty. For many, survival hinges on international assistance. The World Food Program has sounded the alarm on Yemen's hunger crisis, with approximately 17 million individu...
Lebanon has been going through a very tough economic crisis with the lay-off of a big number of employees in local and international companies in the country. This has prompted some families to drop their kids from schools or move them to the already overloaded public schools....