A crowd of several dozen angry protesters went on a rampage in Beirut on Thursday, blocking roads and vandalizing bank offices to protest the collapsing Lebanese economy and rules which prevent depositors from withdrawing their money.
“There was a time when a taxi driver’s son could become a doctor, an engineer, anything prestigious. Now the taxi driver can’t even feed his children,” one of the protesting drivers complained.
“The poor person who can’t eat anymore is going to burn the entire country,” the driver predicted glumly. Protesters throw bottles glasses at the Lebanese Central Bank building, background, where the anti-government demonstrators rally against the Lebanese Central Bank Governor Riad Salameh and the deepening financial crisis, in Beirut, Lebanon, Wednesday, Oct. 5, 2022. on Thursday that Lebanese supermarkets will begin pricing their goods in U.S. dollars beginning next Wednesday.
“We cannot change the prices of 38,000 products daily in supermarkets with every change in the U.S. dollar exchange rate,” Salam explained. Some Lebanese shops were reportedly removing prices from their stock altogether because keeping up with the rapidly devaluing pound was impossible. Salam assured Lebanese customers they would still be able to pay for their food with huge piles of nearly worthless pound notes at the current exchange rate, rather than having to obtain actual U.S. currency to go shopping.
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