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Lebanon crisis: Hariri apologizes and the political vacuum threatens the future of the Lebanese اللبناني

Lebanon crisis: Hariri apologizes and the political vacuum threatens the future of the Lebanese اللبناني

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Immediately after Hariri apologized, the exchange rate of the lira crossed the threshold of twenty thousand against the dollar, at a new record rate

Lebanese Prime Minister-designate Saad Hariri announced Thursday his apology for not forming a new government in Lebanon, nine months after he was named, in a step that would deepen the suffering of the country mired in its worst economic crisis.

Hariri said it was clear that he would not be able to agree with President Michel Aoun over ministerial positions.

The last government had resigned in the wake of the massive explosion in the port of Beirut last August, which left 200 people dead. Since that date, the severe economic crisis in Lebanon has worsened.

The collapse of the Lebanese currency has caused inflation to rise dramatically and left people unable to buy food, while the country suffers from severe shortages of fuel, electricity and medicine supplies.