FT News Briefing Displacement pushes Lebanon to the brink
Oct 3, 2024
Lebanon faces a dire humanitarian crisis as over a million people are displaced due to ongoing conflicts, straining an already fragile state. The podcast dives into the urgent need for international aid amid the economic collapse. On a different note, China's aggressive advancements in renewable energy highlight ambitious projects aimed at decarbonization by 2060. It also discusses the challenges of shifting from coal dependency and the broader implications of China's green energy leadership on global clean technology.
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UK Housing Market Rebounds
- UK house sales surged 25% annually last month, the fastest growth since 2021.
- Lower interest rates have made mortgages cheaper, driving increased demand.
Lebanon Displacement Crisis
- Over a million people in Lebanon are displaced amidst escalating conflict between Hezbollah and Israel.
- This displacement exacerbates a pre-existing economic crisis, creating dire circumstances.
Beirut's Post-Apocalyptic Scene
- Malaika Tapper describes scenes in Beirut as "post-apocalyptic," with displaced families sleeping on sidewalks.
- Upscale areas now shelter people under open skies as drones fly overhead.