Lebanon’s Economic Collapse: What Happened?

"The economic crisis is, at its core, a governance crisis emanating from a dysfunctional sectarian system that hindered rational policymaking and permitted a culture of corruption and waste," experts ... ( read original story ...)

Bankrupt Lebanon’s turn to IMF is overdue

The central bank’s governor since 1993, Riad Salameh, continued to attract dollars from Lebanon’s diaspora and around the Middle East by offering ruinously high exchange rates. He called this ... ( read original story ...)