‘There is no future’: Lebanon’s new poor face long-term stagnation
Published by
Reuters
Reuters
By Timour Azhari and Laila Bassam BEIRUT (Reuters) – Unemployed and unable to support his family of four, Hussein Hamadeh, 51, now spends his days trying to find help to weather a protracted economic crisis that some Lebanese fear has become the new norm. Hamadeh lost his stable job in carpentry and developed an illness that requires expensive medication. He used to fish and sell his catch for extra income, but he said would-be buyers in his shanty neighbourhood on the coast by Beirut’s airport now cannot afford fish or do not buy it because power cuts mean they are unable to rely on refrigera…