Protesters Storm Bank in Downtown Beirut

W460

Angry protesters stormed into a bank in downtown Beirut on Wednesday to demand that their savings, which has been trapped for months, be given back to them.

The National News Agency said the protesters forced their way into the bank’s headquarters without naming it.

MTV television said another group staged a sit-in in downtown Beirut protesting against the "policies of banks."

Lebanon is suffering its worst economic crisis in decades, marked by an unprecedented plunge of its currency, which has left nearly half of the population in poverty.

Banks have imposed strict restrictions on dollar and Lebanese pound withdrawals.

The financial collapse has led to mass layoffs and salary cuts in a country already rocked since late 2019 by mass protests against a political system seen as corrupt and incompetent.

SourceNaharnet
Comments 4
Missing sami1911 30 September 2020, 17:20

LBCI: Parliament approves a dollar rate at 1,515 Lebanese pounds for students studying abroad.

That means suddenly freaks like Berri, Basil, and his amo enrolled at the economic faculty in University of Teheran. Sorry to write this but the country seems to deserve a war, plunder seems not enough and creative creatures still find a legislative way to share its last spoils. The opium seems to be free in Lebanon.

Missing bigjohn 30 September 2020, 21:40

We Lebanese will NOT kill each other to help your blood thirsty colonial occupiers. The Lebanese majority would rather die killing you Zionist scum and your collaborators.

Default-user-icon cocoman (Guest) 01 October 2020, 07:24

They should burn the building with the employees inside...

Thumb whyaskwhy 01 October 2020, 14:14

Sam Ali here AKA little John is a paid mouth piece of the "muqawami" and hates Amweeeka and the west. I would not pay him any attention he is simply doing his paid work for the terrorist party.