Libano – Summaries of news and views OnVenezuela https://onvenezuela.com Tue, 25 Aug 2020 12:06:49 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.5 https://onvenezuela.com/wp-content/uploads/2020/01/cropped-Screen-Shot-2019-12-20-at-12.31.03-PM-1-32x32.png Libano – Summaries of news and views OnVenezuela https://onvenezuela.com 32 32 Can Lebanon avoid the Venezuela meltdown scenario? https://onvenezuela.com/can-lebanon-avoid-the-venezuela-meltdown-scenario/?utm_source=rss&utm_medium=rss&utm_campaign=can-lebanon-avoid-the-venezuela-meltdown-scenario Tue, 25 Aug 2020 12:06:17 +0000 https://onvenezuela.com/?p=5225

A former economy minister of Lebanon has coined a word for it: “Libazeula.” Nasser Saidi, who ran the economy at the turn of the century and was also No. 2 in the Banque du Liban, the country’s central bank, says Lebanon faces a scenario that could see it reduced to the chaotic impoverishment of Venezuela, once the richest state in Latin America but now a byword for political, economic and humanitarian failure. By Frank Kane. Full Text -> ArabNews

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