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Lebanon Economic Crisis To Be World s Worst Since 1850s Says World Bank; Economy To Shrink By 10% in 2021

Lebanon crisis among world s worst since 1850s: World Bank

BEIRUT: Lebanon’s economic collapse is likely to rank among the the world’s worst financial crises since the mid-19th century, the World Bank said in a damning report released Tuesday. The report predicts that Lebanon’s economy will shrink by close to 10 percent in 2021 and stresses there is “no clear turning point in the horizon.” Lebanon defaulted on its debt last year, the

Lebanon Sinking into One of Most Severe Global Crises Episodes, amidst Deliberate Inaction

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