Dossier
Mohamad Faour
Coverage of Mohamad Faour in the Nexus archive.
- War worsens Lebanon’s economic crisis with job losses, price gouging and slow business
Lebanon's economy is facing an existential crisis worsened by ongoing conflict with Israel, resulting in widespread job losses, price gouging, and business closures. The country's pre-existing economic collapse since 2019, combined with war losses and displacement of 1.2 million people, has created a fragile situation with estimated GDP losses of 7%.