Class war protests force Lebanon's parliament to delay as cash crisis deepens

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The Lebanese parliament postpones its first session in two months as protesters escalate a wave of demonstrations against the ruling class, blaming them for steering the country towards economic collapse.

The economic crisis has now filtered into the financial system, which faces dollar shortages and a weakening of the pegged pound.

Six customers at Bank Audi were told they could only take out a maximum of US$300 . Several customers at BankMed were told the cap was US$400 . Bank of Beirut customer Khalid Maarouf, 40, who works in textiles, said he didn't know how he was going to come up with dollar payments he needed to make this month.

 

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