TOPSHOT - A protester holding the Lebanese flag runs as protesters block the Jounieh Tripoli highway with flaming tires set aflame during a demonstration against dire economic conditions in Jal el Dib North East of the Lebanese capital Beirut late on June 11, 2020. - The Lebanese pound sank to a record low on the black market on June 11 despite the authorities' attempts to halt the plunge of the crisis-hit country's currency, money changers said. Lebanon is in the grips of its worst economic turmoil in decades, and holding talks with the International Monetary Fund towards securing billions in aid to help overcome it. (Photo by Patrick BAZ / AFP) (Photo by PATRICK BAZ/AFP via Getty Images)
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Lebanon's economy collapses into a tailspin (July 2020)
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Before the coronavirus pandemic struck, the World Bank projected that at least 50% of Lebanon would become poor. Now the situation is looking even more desperate. CNN's Ben Wedeman reports.
03:29 - Source: CNN
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TOPSHOT - A protester holding the Lebanese flag runs as protesters block the Jounieh Tripoli highway with flaming tires set aflame during a demonstration against dire economic conditions in Jal el Dib North East of the Lebanese capital Beirut late on June 11, 2020. - The Lebanese pound sank to a record low on the black market on June 11 despite the authorities' attempts to halt the plunge of the crisis-hit country's currency, money changers said. Lebanon is in the grips of its worst economic turmoil in decades, and holding talks with the International Monetary Fund towards securing billions in aid to help overcome it. (Photo by Patrick BAZ / AFP) (Photo by PATRICK BAZ/AFP via Getty Images)
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