Experts predict devastating economic consequences after Beirut blast - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Lebanon was already in financial crisis before the explosion in Beirut — and now experts are predicting devastating consequences

Now, with the destruction of Beirut's ports and the country's main grain silo, which held some 85% of Lebanon's cereals, experts are predicting the consequences of Tuesday's blast will be felt far beyond Beirut.

Beirut's governor said the blast has left nearly 300,000 people homeless. The capital's port area was reduced to rubble, with streets severely damaged and facades of buildings shattered. "I lived through the war and circumstances, but I never saw something like this before," baker Hekmat Kaai said. "I am wondering how cheap a human being is in this country. Where are we going? Beirut was completely destroyed in an instant."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

CheGuev95268100 Too basic of an article

Prayers for the people of Lebanon 🙏🏼 Regardless of politic or religion differences, these are human beings suffering.

🤔🤔

Libano was always doomed. Thanks to Islam and Terrorism. Líbano is the next Syria.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in UK

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Inside story: Humana's $100 million bet on telehealth startup Heal - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Beirut explosion: 2 people describe being caught up in blast - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. I can’t imagine what Hiroshima and Nagasaki were. Beirut BeirutExplosions
Source: BusinessInsider - 🏆 729. / 51 Read more »

Gold price pushed to record high by Beirut explosion, analysts say - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Ermmmm.....no. Hello friends! Join me today if you are interested in earning Bitcoins worth $20k and above just in 3 months, a new way of making some real good money. Send a message to learn more
Source: BusinessInsider - 🏆 729. / 51 Read more »

Beirut explosion: Ammonium nitrate was impounded in 2014, reports say - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Eijits We will need more evidence that this is actually what happened like a 'Article' from '2014' with visual evidence like a 'Picture' or something. A likely story.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Trump says Beirut explosion was an 'attack,' contradicting Lebanese officials - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Halah looks like we kok Always trust DonaldTrump to stir confusion and misdemeanour around something, distracting focus from those affected by it and instead directing attention to a wild goose chase which the press will follow blindly over some days until they find out... Nothing. Worst asshole ever.
Source: BusinessInsider - 🏆 729. / 51 Read more »