The granddaughter of a former Lebanese president and ex-diplomat Monday announced her candidacy for the cash-strapped country’s upcoming presidential elections on a platform critical of Iran-backed Hezbollah party.
The country’s political woes are compounded by its crippling economic crisis, which the World Bank says is the worst worldwide in over a century. The Lebanese pound has lost over 90% of its value against the dollar, with three-quarters of its population living in poverty.
