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July 19, 2021

Iran is Responsible for the Slow Death of Lebanon

Collapsing currency, shortages, and political crisis, brought on by Hizballah.

On Thursday, Saad Hariri, Lebanon’s prime minister-designate, stepped down, bringing a long-simmering political crisis to a head. The next day, there were riots in Tripoli over shortages of fuel, electricity, and medicine, while the Lebanese pound, which has rapidly been losing value, hit on a new low. The central bank is meanwhile heading towards collapse and a potentially devastating new wave of the coronavirus threatens. Jonathan Spyer asks the obvious question:

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