Categories: World

Thousands mark year of anti-govt protests in Lebanon

<p id="content">Tens of thousands of people took to the streets of Beirut to mark the first anniversary of the protests against the Lebanese government and the current ruling class.</p>
On Saturday, the participants waved the Lebanese flag and chanted slogans against the ruling political class which, according to the demonstrators, adopted policies that led to the economic collapse and an alarming public debt of over $90 billion, reports Xinhua news agency.

The protesters demanded the overhaul of the country's entire political system and the formation of an independent government capable of implementing structural reforms to save the country from further deterioration.

Lebanon is going through its worst economic and financial crisis in its history.

Moreover, the Covid-19 pandemic and the August 4 Port of Beirut explosions have exacerbated the economic situation, driving thousands of companies out of business while leaving thousands of people unemployed.

Figures released by the World Bank showed that over 50 per cent of the Lebanese people have become "poor".

Igniting that most of the citizens were being paid with the Lebanese pound which has weakened by 80 per cent at least..

IANS

Recent Posts

PM Modi thanks Brazilian President Lula da Silva for ‘warm welcome’ at G20 Summit

Prime Minister Narendra Modi on Monday, thanked Brazilian President Lula da Silva for the warm…

3 hours ago

India, Greece discuss Operationalisation of IMEC corridor; collaboration in shipbuilding

Union Minister of Ports, Shipping and Waterways, Sarbananda Sonowal, had a bilateral meeting with his…

4 hours ago

Nigeria’s national award to PM Modi recognition of his leadership in strengthening links with Global South: Jaishankar

External Affairs Minister S Jaishankar said on Monday that conferment of Nigeria's national award 'Grand…

6 hours ago

Russia slams Biden’s decision allowing Ukraine to strike Russia, terms it “new round of escalation”

Russia has strongly condemned outgoing US President Joe Biden's decision allowing Ukraine to strike deep…

6 hours ago

Crisis in PoJK: Deforestation devastates environment and livelihoods

In Pakistan-occupied Jammu and Kashmir (PoJK), an alarming environmental crisis is rapidly unfolding. Once home…

7 hours ago

UK Minister Catherine West reaffirms commitment to strengthen bilateral ties with India

In a significant show of commitment to enhancing bilateral relations, Catherine West, the UK Minister…

8 hours ago