Lebanon Lost Half Its Economy In 2 Years

A century ago, economist John Maynard Keynes confidently predicted that by 2030, we would only be working 15 hours a week. Yet, here we are—working harder than ever! While technology has dramatically boosted productivity, our work hours remain largely unchanged, and the prevalenc ... Show More

Almost every nation relies on a central bank, but the US is buzzing with talk of scrapping the Fed—the globe’s mightiest financial force! From its 1694 origins to battling today’s debt and inequality crises, we break down why central banks are crucial and what chaos could unfold ... Show More

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Lebanon's economy is in freefall. The World Bank calls it one of the worst financial crises in a century. We look back at Lebanon's optimistic years, zooming in on the one key decision that started this house of cards. And we ask what this can teach us about booms and busts in ge ... Show More

The World Bank has declared Lebanon's to be "enduring a severe and prolonged economic depression" and said it is one of the worst economic crises since the mid-19th century. As fuel and food supplies dry up, and cash reserves dwindle, Lebanese economic columnist and former bank e ... Show More

Protests, power cuts and bank hold-ups – Lebanon was already struggling before the 2020 port explosion that devasted its capital, Beirut, but now it’s in a desperate economic collapse. The Lebanese people are struggling to buy basic food and medicine. And the country also hosts t ... Show More

For nearly three years, Lebanon has been steadily collapsing under the weight of a financial crisis that is one of the worst in the modern world. But what is life like for those who have to live through the situation on the ground?   To be Lebanese is to navigate a slew of daily ... Show More

Lebanon is experiencing one of the most disastrous economic collapses of the last 100 years. The national economy is less than half the size it was just three years ago, while people are holding up banks in a desperate attempt to get their money out amid rampant inflation and a c ... Show More

Dans ce nouvel épisode de Splash, Emmanuel Martin s’intéresse à la corruption politique et ses conséquences. Il se penche sur le Liban, un pays qui traverse une grave crise économique, mais aussi politique : Pourquoi le Liban est-il en train de s’effondrer ? Quelles sont les cons ... Show More

Venezuela is facing an economic and humanitarian crisis as extreme poverty and violence have forced many to flee the country in recent years. How did a country once wealthy with oil resources fall into such turmoil? Learn more about sponsor message choices: podcastchoices.com/adc ... Show More

Sri Lanka's economic crisis seems to be going from bad to worse. The government has now restricted the sale of fuel days after the Prime Minister said the economy had completely collapsed. So what's caused the crisis? And what are the consequences? Join host Hashem Ahelbarra  Gue ... Show More