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Port, banks, currency: Lebanon collapsed three times

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Beta translationThis article is an automated beta translation. Please use caution and verify sensitive details against the French original when needed.

4 August 2020. There is a fire in a warehouse in the port of Beirut, containing more than 2,000 tons of ammonium nitrate stored there for six years, without safety measures. The explosion kills more than 200 people, hurts more than 7,000, destroys entire neighbourhoods.

Five years later, no senior official was convicted. The judicial investigation has been blocked, on several occasions, by the very persons it was intended to interview.

One year before the explosion, in 2019, the Lebanese economy collapsed. The book loses more than 90% of its value. Banks close, then reopen by blocking access to accounts — lifetime deposits, frozen overnight. More than half of the population is falling below the poverty line.

The port. Banks. Change. Three collapses. Zero responsible. Since 1991, it is the same scenario: amnesty first, never explain. A country does not collapse three times by accident.

All Lebanese news on LIBNANEWS.COM

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Newsdesk Libnanews - translated by IA
Newsdesk Libnanews - translated by IAhttps://libnanews.com
Libnanews est un site d'informations en français sur le Liban né d'une initiative citoyenne et présent sur la toile depuis 2006. Notre site est un média citoyen basé à l’étranger, et formé uniquement de jeunes bénévoles de divers horizons politiques, œuvrant ensemble pour la promotion d’une information factuelle neutre, refusant tout financement d’un parti quelconque, pour préserver sa crédibilité dans le secteur de l’information.

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