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Prime Minister of Lebanon: "The state has gone bankrupt…What a pity."

Lebanon became the first country in the world to go into default in 2022. But this bankruptcy is far from the first in the modern history of the republic. In 2020, Lebanon already defaulted, but now it has come ... ... distributed among the state, the Central Bank, credit institutions of the country and depositors. Lebanon has been in an economic crisis since late 2019. The country experienced a massive depreciation of the currency, people do not have enough fuel and medicines....

SEVERAL ENERGY FIRMS HAVE GONE BURST IN THE UK AT ONCE

... an increase in inflation and a slowdown in economic recovery of the region. In addition, at the beginning of autumn, one of the largest fertilizer producers from the United States left the British market. This happened precisely because of the energy crisis that had ‘covered’ Europe. Now a situation of food inflation may arise, as the farmers' costs are rising.

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