- Nineteen prisoners use cutlery to break out of cells at Winchester prison
- France wants progress in Ukraine before Russia returns to G7
- Italy president begins talks to seek way out of government crisis
- Italian PM expected to resign as political chaos deepens
- Russia says US cruise missile test ‘regrettable’
- Kremlin - No date set for Normandy talks on Ukraine despite Macron meeting
- Egypt court hands out 6 death sentences on terror charges
- Putin says Russian nuclear explosion poses no threat
- Russian panel eyes alleged foreign interference in protests
- Gran Canaria wildfire triggers evacuation of thousands of people
- PM Johnson calls on Germany and France to compromise on Brexit
- Sudan's ex-president Bashir arrives at corruption trial
Tehran 26 April _ An explosive device has been lobbed at a private bank in Lebanon in the latest attack on financial institutions in a country facing its worst economic crisis in decades.
TEHRAN, Young Journalists Club(YJC)-The night-time assault by unidentified attackers took place at Fransabank branch in the southern city of Sidon on Saturday, destroying its roof and glass facade.
The attack came a day after Prime Minister Hassan Diab said Lebanese bank deposits had plunged $5.7 billion in the first two months of the year, despite curbs on withdrawals and a ban on transfers abroad.
Lebanon has been grappling with a dire economic situation, lack of equity, and rising unemployment. Recent revelations resulting from the lockdown imposed to battle the novel coronavirus has further aggravated the country’s economic crisis that has triggered public anger.
Lebanon's local currency, the Lebanese pound, has plummeted in value from around 1,500 pounds against the greenback to almost 3,800 on the parallel market, losing over 60% of its value against the dollar.
Since October last year, the streets of Lebanon have witnessed several protests, including attack on banks, amid the economic crisis.
Your Comment