Lebanon: Streets on fire as people protest currency collapse and bad economic conditions

Beirut streets were set on fire, with people protesting plummeted Lebanese pound and economic crisis, Friday. Protesters were seen throwing projectiles at police forces, with rubbish bins being set on fire. In recent weeks, the Lebanese pound plummeted despite a new pricing system, losing around 70% of its value since protests began in October 2019. Protests against allegations of government corruption broke out last year, as Lebanon was facing its worst economic crisis in decades, with soaring unemployment and the ongoing currency crisis that rapidly depleted the value of the local currency. The lockdown brought on by the coronavirus pandemic has added further pressure on the struggling Lebanese economy, prompting a new wave of protests despite social distancing restrictions.

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