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الشرق اللبنانية
Source: الشرق اللبنانية
1 Dayالشرق اللبنانية
Source: الشرق اللبنانية
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According to *The New York Times*, Lebanon is facing an economic catastrophe worsened by years of mismanagement and war, with food shortages expected to persist into November. The World Bank expects inflation to exceed 17% this year and the economy to contract by 6.4%, amid supply-chain disruptions and rising shipping and fuel costs. The crisis follows the collapse of the banking system in 2019, the Beirut port explosion, and the 2024 war. Meanwhile, people are grappling with unemployment, declining wages, and difficulty meeting basic needs.
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