Lebanon is a sinking ship, parliament speaker warns


  • World
  • Monday, 18 Nov 2019

FILE PHOTO: A man sleeps in a car next to burning tires barricading the highway during ongoing anti-government protests at Nahr El Kalb, Lebanon November 13, 2019. REUTERS/Andres Martinez Casares

BEIRUT (Reuters) - The speaker of parliament on Monday described Lebanon as a sinking ship at risk going under completely, underlining the depth of crisis in a country hamstrung by political deadlock and facing the worst economic strains since the 1975-90 civil war.

Banks, which have been seeking to prevent capital flight, were set to reopen on Tuesday as staff ended a one-week strike over security concerns posed by clients demanding their cash and protests at branches.

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