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Saturday, 6 March 2021

Caretaker PM Warns Lebanon Close to Point of No Return as Local Currency Plunges - Report

The collapse of the local currency has resulted in a sharp rise in prices as well as delays in fuel shipments, resulting in longer power outages across the region, with some areas experiencing outages of more than 12 hours per day. The recession has reportedly pushed nearly half of the country's 6 million people into poverty.

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