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Lebanese Economy Collapsing Amid Hyperinflation, Power Outages

Ben Zeisloft
Lebanese Economy Collapsing Amid Hyperinflation, Power Outages
Mahmut Geldi/Anadolu Agency via Getty Images

The economy of Lebanon is witnessing a once-in-a-century collapse.

Amid hyperinflation and inconsistent power supplies following a massive explosion in Beirut last year, Lebanon may be witnessing one of the worst three economic depressions since the nineteenth century, according to the World Bank.

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