Lebanon Lost Half Its Economy In 2 Years

The world’s pension promise is unraveling. In the 1950s, sixteen workers supported each retiree; today, that number has shrunk to just 2.7. This dramatic shift is straining pay-as-you-go pension systems to the breaking point. By 2050, one in six people will be over 65, yet politi ... Show More

Discover what drives lasting prosperity. This year, the Nobel Prize in Economics was awarded to Mokyr, Aghion, and Howitt for demonstrating how technological innovation drove the surge in wealth during the Industrial Revolution. From steam engines to AI, learn why a lack of under ... Show More

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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

<p>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 dai ... 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

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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