Description: It was a tactic bankers say might have been appropriate if it was followed swiftly by reforms - but not if, as was the case, not enough happened.
In addition, the collapse is occurring in a highly unstable geo-political environment making the urgency of addressing the dire crisis even more pressing.
The Lebanon hostage crisis was the kidnapping in Lebanon of 104 foreign hostages between 1982 and 1992, when the Lebanese Civil War was at its height. The hostages were mostly Americans and Western Europeans , but 21 national origins were represented.
Child vaccination rates in Lebanon have dropped by more than 30 percent, compounding a health crisis marked by drug shortages and an exodus of trained professionals, the United Nations said Wednesday.
The solution to Lebanon’s electricity crisis, rather, relies on implementing the reforms listed in the Lazard plan (starting with the restructuring of public and private banking), on investing in building two gas-powered plants and on upgrading the grid.
Thousands of Lebanese living in Arab and Muslim countries began voting Friday in the crisis-hit country’s parliamentary elections, nine days before the vote is scheduled to be held at home
The number of women in Lebanon dying from pregnancy-related complications has nearly tripled amid a crushing three-year economic crisis that has seen doctors and midwives leave the country, the UN.
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