The lebenes central bank took charge and decided to commit to an egregious programme, labelled by some as the nationally regulated ponse scheme. They promised to offer lucrative interest rates to dollar deposits and entice people to part with their dollar assets. Inflations soared, and everybody began ditching the local currency. The only thingw anything wath the dollar assets, and people weren't going to give it to banks any more. So with foreign reserves dwindling, once again, the government was on the verge of bankruptcy. But just when you thought things couldn't possibly get any worse, a huge explosion ripped through the lebanese capital, killing more than 200 people and decimating large parts
In today's episode for 27th August 2021 we talk about how Lebanon may soon run out of water.
Yes! Water.