“Macron’s push for reforms comes amidst an unprecedented economic crisis in Lebanon—a crisis that is the result of decades of corruption and frivolous spending. The Lebanese Pound has lost nearly 85% of its value, which has resulted in ballooning prices and a shortage of goods. Many economists fear that a situation similar to Venezuela’s collapse is unfolding. Despite this, Lebanon’s political elite refuses to accept reforms that would open the country to international aid.”

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