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Monday, August 3, 2020

Analysis: Often on brink, Lebanon headed toward collapse

Analysis: Often on brink, Lebanon headed toward collapseIt may seem like a standard summer in Lebanon, a country used to wrestling with crumbling infrastructure as it vaults from one disaster to another. Only this time, it's different, Every day brings darker signs Lebanon has rarely seen in past crises: Mass layoffs, hospitals threatened with closure, shuttered shops and restaurants, crimes driven by desperation, a military that can no longer afford to feed its soldiers meat and warehouses that sell expired poultry. Lebanon is hurtling toward a tipping point at an alarming speed, driven by financial ruin, collapsing institutions, hyperinflation and rapidly rising poverty — with a pandemic on top of that.


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