The Economic and Financial Collapse of the Once-Called “Paris of the Middle East”

Lebanon is facing a multi-faceted crisis and many geopolitical challenges. The fiscal deficit, balance of payment deficit, unsustainable public debt, currency collapse, and historic financial sector crisis are but a few of the main factors plunging the country into an economic depression. This is, disastrously, driving poverty to reach more than 50 percent of the […]