Five bank ‘heists’ in a day as Lebanese demand their frozen savings

Five Lebanese banks were stormed Friday by depositors seeking to unlock frozen savings, the latest in a string of such “heists” that have garnered wide public support in the crisis-hit country. Lebanon has been mired in an economic crisis for more than two years, since the value of its currency began plummeting and banks started imposing draconian restrictions on withdrawals. In the past week, seven … Continue reading Five bank ‘heists’ in a day as Lebanese demand their frozen savings