Bread queues return to Lebanon as protests surge over economy crisis | WHAT REALLY HAPPENED X-Frame-Options: DENY X-Frame-Options: SAMEORIGIN

Bread queues return to Lebanon as protests surge over economy crisis

People in Lebanon are once again queuing in front of bakeries in the hopes of getting their much needed share of bread, as the country spirals into an unprecedented economic crisis.
The national currency has collapsed, leading the Lebanese pound to lose more than 70 percent of its value - pompting renewed protests across the country on Sunday night.

Over the past few days, videos have surfaced on social media of Lebanese citizens crowding bakeries, and even bread trucks, to battle for loaves of bread.

Furnace owners have refrained from selling their bread to shops due to alleged high production costs according to fluctuation in the currency’s exchange rates, Arabi21 reported.

Activists in Tripoli, Lebanon’s second-largest city north of Beirut, called for protests on Monday, which have resulted in the closure of shops.

Local residents tweeted images of the onece-bustling markets empty, with the stalls removed and shuttered shop fronts on Monday morning.

The head of the Bakeries Owners Syndicate in Beirut, Ali Ibrahim, said on a local radio on Monday: "If we do not reach an agreement today, there will be no distribution of bread tomorrow.”

"[Bakeries] can no longer distribute bread in light of the difficult economic conditions, especially the cost, which has become very expensive."

He called for "fairness in order to continue the distribution" urging the Lebanese government to tackle the cost fluctuation.

Despite government efforts to manage the currency crash - including injecting dollars into the market and setting a higher rate for specific transactions - chaos prevailed and the parallel currency market continued to thrive.

Webmaster's Commentary: 

This is a recipe for utter disaster, and a potential revolution, if the Lebanese government cannot fix this, and quickly.

Comments

SHARE THIS ARTICLE WITH YOUR SOCIAL MEDIA