Angry protesters in Lebanon Thursday smashed windows and set tires on fire outside two of the country's biggest banks in the capital city, as the value of the local currency hit a new low and poverty deepens.
Lebanon’s economic meltdown and unprecedented financial crisis erupted in 2019 following years of corruption and mismanagement by the country’s rulers. Over three quarters of Lebanon’s population of 6 million has been plunged into poverty, and the Lebanese pound lost about 97% of its value against the dollar.
