The recent return of violence to Lebanon derails hope that the worst of the crises that have plagued the country over the past four years have been left behind.
After a spiral of hyperinflation, debt default and crumbling public services, modest signs of economic recovery from one of the “most severe crisis episodes [seen] globally since the mid-19th century” was predicted for 2024. But this glimmer of optimism has waned as Lebanon risks being dragged into war with Israel.
