Half of Lebanon’s population to fall into poverty as economy worsens
By France24
04 September 2020 |
12:05 pm
One month on from the deadly Beirut explosion, we take a look at the economic situation in Lebanon. The blast ruptured supply chains, destroyed grain reserves and worsened an already catastrophic economic situation in the country. By the end of the year, experts predict that over half of the population will be living in poverty.
In this article
Related
9 Oct 2022
With Russia in retreat on the battlefield, Russian President Vladimir Putin raised the stakes on Wednesday with the announcement that Russian reservists would be mobilised and referendums held in areas of Ukraine on joining Russia, all while he made threats to the West.
10 Oct 2022
It is unlikely the world can meet the goal of ending extreme poverty by 2030, a World Bank report found. Experts have said COVID-19 ended years of progress while war and higher prices are now making things worse.
14 Oct 2022
Lebanon and Israel have reached a historic agreement demarcating a disputed maritime border between them, Israeli Prime Minister Yair Lapid said on Tuesday.
16 Oct 2022
Lebanon is in the midst of a currency crisis and has devalued its local currency. But implementing a new exchange rate policy is set to have catastrophic consequences on people's daily lives.
23 Oct 2022
About half of Germany's food banks have seen their number of clients double since last year, and many are turning people away. Increasing demand and decreasing donations are leaving many in need of help with few options.
28 Oct 2022
The Covid-19 pandemic and Russia's invasion of Ukraine have reversed three decades of progress in reducing poverty, according to the World Bank, which is warning that the global goal of eradicating extreme poverty by 2030 is now out of reach.
28 Oct 2022
The deal follows months of US-brokered talks and opens up the possibility of offshore energy exploration in previously disputed waters in the eastern Mediterranean.
5 Nov 2022
Lebanese President Michael Aoun is leaving office without a designated successor in place. With no president and a caretaker government at the helm, Lebanon is now hurtling into the political unknown.
4 Nov 2022
Intense fighting in DR Congo's North Kivu province is leading to major population displacement. We take a closer look. But first, Algeria hosts its first Arab League summit since the Covid-19 pandemic.
26 Nov 2022
The health of millions of people in Lebanon — especially children — is at risk because of a limited supply of safe water, Unicef has warned. The water crisis, which is largely because of a severe lack of electricity, is also affecting hospitals, health centres and schools.
8 Nov 2022
Japan has a shrinking pool of young workers to fund retirement and healthcare. The only answer appears to be raising pension and health deductions from paychecks, but that is likely to be deeply unpopular.
16 Nov 2022
The world's population will likely hit an estimated 8 billion people on Tuesday, according to a United Nations projection, with much of the growth coming from developing nations in Africa. Among them is Nigeria, where resources are already stretched to the limit.
Latest
1 day ago
Find these stories and much more when you grab a copy of The Guardian on Tuesday.
1 day ago
Boris Pistorius told DW that Germany is willing to work with "reliable partners" like India and Indonesia. The German defense minister will be traveling to India alongside representatives from German's defense industry.
1 day ago
Germany's center-left government wants to lower the voting age for nationwide elections from 18 to 16. Many young people support the idea, but the majority of the population has expressed skepticism.
1 day ago
This year’s theme, “Navigating the crises – From 300 to 3000: How to deliver the next generation of African champions”, reflects on commitment to promote and help shape public policies that are conducive to a new and emerging generation of African companies with billion-dollar turnovers. Organisers of the event said the growth in number and size of African champions is crucial to minimising the impact of foreign crises on the continent’s markets.
1 day ago
Some 200 international observers were on hand to monitor this year's proceedings for a single round vote based on proportional representation to elect 102 lawmakers.
1 day ago
An investigation began into the deadly crash in the Indian state of Odisha, which took nearly 300 lives and left thousands injured. The accident is believed to have been caused by signal system failure.