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Protests erupt across Lebanon as government scrambles to rein in crumbling currency

Following the sectarian protests that took place a few days ago, Lebanon's crumbling currency united the Lebanese in a cross-sectarian protests in various Lebanese cities.
Lebanese army soldiers open a road that was blocked by demonstrators during a protest sparked by a rapid fall in the pound currency and mounting economic hardship, along a highway in Antelias, Lebanon June 12, 2020. REUTERS/Aziz Taher - RC2K7H9DQBEB

BEIRUT — “There is no future to speak of, to just shut up and sit at home for,” a protester named Ali, who declined to give his last name for security reasons, told Al-Monitor. “The people who had a salary of [$1,000 or $1,300], it became now $100!”

In scenes that echoed the spontaneous start of Lebanon’s protests on Oct. 17, thousands of Lebanese from all walks of life and sects poured into the streets of Beirut and nearly every other major city in Lebanon the night of June 11. They set fire to banks, blocked roads and voiced deep frustrations with the political establishment backing Prime Minister Hassan Diab’s government over the Lebanese pound’s reported drop of around 25% in value on the parallel market against the dollar in the previous two days.

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