Lebanon in freefall as France announces aid conference ...Kuwait

Lebanon faced yet more misery Friday after premier-designate Saad Hariri failed to form a government, and as France prepares to host an aid conference on the first anniversary of the country's port blast. Hariri's exit Thursday comes amid a financial collapse branded by the World Bank as one of the planet's worst since the 19th century. His departure leaves the country rudderless as Lebanon faces soaring poverty, a plummeting currency, angry protests and shortages of basic items from medicine to fuel. Caretaker health minister Hamad Hassan said Friday the government would scrap subsidies on medicines costing less than 12,000 Lebanese pounds ($8 at the official rate)

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Last updated : 16 July 2021 clock 06:45 PM

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Lebanon in freefall as France announces aid conference ...Kuwait

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