Original version

BBC World Service schedule for American satellite radio and the Caribbean

BBC World Service Americas and the Caribbean

Business Daily

Factual: Money

The daily drama of money and work from the BBC.

BBC World Service Australasia

BBC World Service

BBC World Service East and Southern Africa Schedule

BBC World Service East and Southern Africa

BBC World Service South Asia

BBC World Service News Internet

BBC World Service Online

BBC World Service Europe and the Middle East

BBC World Service West and Central Africa Schedule

BBC World Service West and Central Africa

BBC World Service East Asia

Business Daily: Lebanon sinks further into crisis

Bulletins

Lebanon sinks further into crisis

03/06/2021 GMT

BBC World Service - Business Daily, Lebanon sinks further into crisis

The World Bank declared it one of the worst economic crises since the mid-19th century

The World Bank has declared Lebanon's to be "enduring a severe and prolonged economic depression" and said it is one of the worst economic crises since the mid-19th century. As fuel and food supplies dry up, and cash reserves dwindle, Lebanese economic columnist and former bank executive Dan Azzi warns "Armageddon" could be just around the corner for the country. Meanwhile Diana Menhem, economist and managing director of advocacy group Kulluna Irada, explains how the country's economic got into such a state. And we'll also hear from Joumana Saddi Chaya, of the lighting design and manufacturing company PSLab and Aline Kamakian, owner of the restaurant Mayrig in Beirut, on trying to run different businesses amid the increasing chaos.

Producer: Frey Lindsay

(Picture: People queue with their cars to buy fuel in Beirut, Lebanon on June 01, 2021. Picture credit: Wassim Samih Seifeddine/Anadolu Agency via Getty Images)

Accessibility links

Programme Index

Business Daily

Lebanon sinks further into crisis

Genres

Formats

Brand

BBC World Service Americas and the Caribbean

About BBC World Service