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Podcast: Global Dispatches -- World News That Matters
Episode: Lebanon is in the Midst of a Jaw-Dropping Economic Free Fall
Description: Lebanon is in the midst of an economic free fall, the degree to which is jaw dropping. Inflation is out of control, commodities are hard to come by, and its currency is devaluing at a rapid clip. This all was happening months before the coronavirus pandemic. Now, in the midst of the pandemic, a deteriorating economic situation is poised to turn into a major political and social crisis. This is arguably the worst crisis since Lebanon emerged from a 15 year civil war in 1990. The government of Lebanon signaled that it would seek a b...