02-07-2020 18:59 via uk.news.yahoo.com

Lebanese major retailers to shut down amid economic crisis

Major retailers in Lebanon announced on Thursday they will temporarily shut down in the face of an increasingly volatile currency market and their inability to set prices while the Lebanese pound plunges against the dollar.Later in the day, owners of the businesses rallied in central Beirut to denounce the government’s inability to handle a deepening economic and financial crisis, and urging others to join them.“The company is losing and ... (the customers) think we are robbing them,
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