The world’s biggest cities are being vacated, and the global economy is in shock because of the COVID-19 outbreak. How will it recover?
Authorities fear both that organized crime groups will exploit the crisis and that spontaneous revolts will result from growing livelihood concerns.
Leading Dr. Nidal Mawla in Lebanon’s coronavirus response is requesting MPs and ministers to donate.
By defaulting, the new Lebanese government is openly declaring the country’s crisis to investors and countries worldwide.
Getting an IMF loan is complicated. Lebanese officials need other solutions for the upcoming $1.2 billion due, said a source close to the IMF.