For two years now, however, Lebanon has been in a state of extreme socio-economic crisis, and the Lebanese pound has lost 90 per cent of its value. According to the United Nations, nearly 80 per cent of Lebanese are now living in poverty, and about 40 per cent of the population is unemployed. Electricity is available for only a few hours a day, petrol is scarce and hospitals lack even standard medicines.
In August 2020, the country was hit by another stroke of fate – right in the middle of the Corona pandemic. A large explosion occurred in the port of Beirut, destroying the port, and damaging or making uninhabitable the homes and apartments of up to 300,000 people. The explosion also plunged the political system into a new crisis.