Regime’s critics call for overhaul of system of patronage many say has reinforced widespread corruption
Lebanon’s catastrophic economic collapse is gathering pace, with its currency shedding value daily, prices of essential foods out of the reach of many and talks that could unlock a desperately needed bailout crippled by what critics say is a determination by the ruling class to protect a broken system.
The country’s collapse has led to meat and chicken prices tripling over the past fortnight, and scarcities of fuel and flour – amplified by the sale of state-subsidised supplies to neighbouring Syria where they get a better price for it, and sharply increasing hunger.
Continue reading…Regime’s critics call for overhaul of system of patronage many say has reinforced widespread corruptionLebanon’s catastrophic economic collapse is gathering pace, with its currency shedding value daily, prices of essential foods out of the reach of many and talks that could unlock a desperately needed bailout crippled by what critics say is a determination by the ruling class to protect a broken system.The country’s collapse has led to meat and chicken prices tripling over the past fortnight, and scarcities of fuel and flour – amplified by the sale of state-subsidised supplies to neighbouring Syria where they get a better price for it, and sharply increasing hunger. Continue reading…