BEIRUT, Aug 26 (Reuters) - Lebanon’s inflation rate soared to 112.4% year-on-year in July amid an economic meltdown, latest official data showed, even before this month’s devastating Beirut port explosion compounded a deep financial crisis.
Lebanon became the first country in the region to suffer from hyperinflation in July, according to Steve H. Hanke, Professor of Applied Economics at the Johns Hopkins University.
Religious nuts trying to make monrey with genocidal religious wars. You can blame islam.
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