#Lebanese central bank devalues #currency by 90% - #Bitcoin anyone?

I’m not an expert on #Lebanese #politics, nor do I want to be.

The #Lebanese pound has nose-dived, #banks have clamped down on withdrawals and #transfers, and #hyperinflation has flared.

To survive, he works a second job at a #Beirut #grocery store, but his monthly income in #Lebanese #pounds has lost 95% of its purchase #power.

The #Lebanese pound has been in a #downwards spiral for more than 18 months now and the cost of goods and services has exploded for the #average citizen.

Analysis: #Lebanese #elite bury blast probe, pushing fragile state closer to edge

#Analysis: #Lebanese elite bury blast probe, pushing fragile state closer to edge

#Lebanese Army says its troops fired shots at #Israeli drone