Lebanon is in deep crisis

[AbdiGeedi]

Yesterday's blast exacerbated already dire economic situation in Lebanon. In Beirut there is no electricity. People need generators now. There is no food security as the grain reserves are depleting fast. Their currency lost 80% of its value within a year. They ain't got no money or no purchasing power now.

I don't know what country or international organization could bail them out since the reconstruction bill is enormous and the Lebanese system is corrupt.

Most countries are reeling from the growing economic slump caused by the coronavirus with no end in sight. Many countries are burning through their foreign currency reserves to maintain their economies. The IMF and World Bank are stretched out too since so many countries need their financial help. Maybe the Gulf Arab countries can organize financial rescue for Lebanon.

After blast, Lebanon has less than a month's grain reserves

Lebanon's main grain silo at Beirut port was destroyed in a blast, leaving the nation with less than a month's reserves of the grain but enough flour to avoid a crisis, the economy minister said on Wednesday.

www.reuters.com

 

[Octavian]

a civil war is brewing

 

[Aurelian]

a civil war is brewing

I hope not

 

[Octavian]

I hope not

me too the last one was a cluster f*ck and this time yahoods might try to capture some land

 

[AbdiGeedi]

a civil war is brewing

Hopefully Hezbollah will be weakened.

Macron is coming to Beirut. France is an exporter of wheat and can help Lebanon out.

I believe Turkey has the largest fleet of floating power plants in the world. One such ship can be deployed quickly and provide power to Beirut. Though the Lebanese government burned bridges with Turkey politically to please Saudi Arabia.

The US can help the Lebanese banking sector with dollars and also deliver wheat.

The EU brought Greece back from the dead by pumping hundreds of billions of euros into their economy several years ago.

We will soon find out how important Lebanon geopolitically.

 

[SOULSEARCHING]

Interesting fact more lebs live outside of Lebanon.

 

[Octavian]

Interesting fact more lebs live outside of Lebanon.

mostly in south america

 

[The Somali Caesar]

Lebanon in general has had instability since the civil war 30 years ago. In fact the only stable Arab Levantine country is Jordan.

 

[Desert Flower]

The explosions looked similar to a nuclear blast. I hope that wasn’t the case.

 

[Sheikh Kulkuli]

Saxib it's good Lebanese are facing this.

Wasnt Hizbullah killing Sunnis in Syria?

 

[mustang22]

Egypt or Turkey should conquer Lebanon

 

[AbdiGeedi]

55,000 call for France to take control of Lebanon – DW – 08/06/2020

More than 55,000 people have signed a petition calling for France to take control of Lebanon following the deadly blast in Beirut. Critics say corruption and mismanagement by Lebanon's government was the cause.

www.dw.com

 

[Octavian]

55,000 call for France to take control of Lebanon – DW – 08/06/2020

More than 55,000 people have signed a petition calling for France to take control of Lebanon following the deadly blast in Beirut. Critics say corruption and mismanagement by Lebanon's government was the cause.

www.dw.com

damn

 

[repo]

 

[AbdiGeedi]

Macron is trying to create some sort of joint IC effort to help Lebanon. I am guessing he is trying to rally the EU.

I doubt France will engage in the real financial bail out by itself. The Lebanese system is so corrupt that even the IMF doesn't want to be involved unless Lebanon implements deep and wide ranging reforms.

Additionally, the US and Israel are trying to smoke Hezbollah and Iran out of Lebanon. It plays in their hands to have Lebanon in crisis which in turn deprives Assad of using Lebanon as a way around of his own economic predicament. Despite the prior sanctions, Syria was able to sell phosphates through Lebanon and have a steady stream of dollars. Lebanon was Assad's loophole.

So, I don't think the US will allow France to spoil its plans.

The ones who signed the petition are most likely Lebanese Christians.

 

[AbdiGeedi]

Also, the EU doesn't feel threatened by Lebanon's collapse because it is far enough removed from its borders to cause refugee influx concerns, of course, not counting the Greek side of the Cyprus island.

 

[repo]

Macron is trying to create some sort of joint IC effort to help Lebanon. I am guessing he is trying to rally the EU.

I doubt France will engage in the real financial bail out by itself. The Lebanese system is so corrupt that even the IMF don't want to be involved unless Lebanon implements deep and wide ranging reforms.

Additionally, the US and Israel are trying to smoke Hezbollah and Iran out of Lebanon. It plays in their hands to have Lebanon in crisis which in turn deprive Assad of using Lebanon as a way around his own economic predicament. Despite the prior sanctions, Syria was able to sell phosphates through Lebanon and have a steady stream of dollars. Lebanon was Assad's loophole.

So, I don't think the US will allow France to spoil its plans.

The ones who signed the petition are most likely Lebanese Christians.

Do Sunnis in Lebanon want to get rid of Hezbollah since it's the only thing standing between them and a Merkava tank?

 

[AbdiGeedi]

Do Sunnis in Lebanon want to get rid of Hezbollah since it's the only thing standing between them and a Merkava tank?

Definitely. Many Sunni Lebanese are Arabized Turks and they are very pro Turkey. Many of them live in Beirut.

Lebanese Turkmen - Wikipedia

en.wikipedia.org

 

[AbdiGeedi]

Recently there were pro-Erdogan anti-Armenian protests in Lebanon organized by the Lebanese of Turkish descent.

 

[Octavian]

Recently there were pro-Erdogan anti-Armenian protests in Lebanon organized by the Lebanese of Turkish descent.

what are armenians doing in lebanon i thought they all left that region and fleed either to aermenia or south america