Lebanon’s ‘orchestrated’ financial crisis bringing poverty to the middle classes | On The Ground | News

Lebanon was as soon as often called the Paris of the Center East, however is now within the grip of one of many worst financial collapses in fashionable historical past, in keeping with the World Financial institution. The worldwide physique has blasted the nation’s ruling class for ‘orchestrating’ the disaster, pointing to a long time of continual mismanagement and corruption. Whereas these in energy have made a wholesome revenue for themselves, residents who have been as soon as comfortably center class have slipped into poverty.