What's behind Lebanon's economic collapse?

What’s behind Lebanon’s worst economic crisis in decades? Al Jazeera’s Timour Azhari explains.

| Lebanon, Business & Economy, Middle East

Lebanon has been in the news a lot lately as its economy is in what seems like an endless downward spiral.

Its currency has lost more than 80 percent of its value in 8 months, thousands of businesses have closed, and many more people have lost jobs. Human Rights Watch has warned that millions could face hunger.

So what is behind this spectacular economic collapse?

Al Jazeera's Lebanon producer Timour Azhari explains.

This video was produced and edited by Al Jazeera NewsFeed's Katya Bohdan.

Source: Al Jazeera