Skip to main content
FlashPoint News
PoliticsMiddle East

Lebanon Faces Dire Economic Fallout from Conflict with Israel

The aftermath of the Israel-Hezbollah conflict leaves Lebanon's economy in shambles, exposing the country's vulnerability.

By Aryn Baker and Abdi Latif DahirSource: nytimes.com1 min read
Lebanon Faces Dire Economic Fallout from Conflict with Israel
Image via nytimes.com

In brief

Weeks after the Israeli invasion of Lebanon, the personal and economic toll is devastating for many, particularly for young professionals like Hasan Raad. Once on the path to success, he now finds himself jobless and homeless following an Israeli airstrike that destroyed his family's apartment in Beirut. As a content creator, Raad saw his income vanish as clients withdrew. His story is reflective of a broader crisis facing Lebanon, a nation still grappling with the effects of a debilitating economic downturn that began in 2019, compounded by the pandemic and the catastrophic port explosion in 2020. With Lebanon already fragile, this latest wave of conflict has left many citizens starting from scratch, struggling amidst the rubble of war.

The resilience of the Lebanese people is being tested yet again as they navigate through these harrowing times while seeking assistance and solidarity among each other.

Topics

More on this story