Current:Home > InvestBeirut protest sees tear gas fired at retired officers as economic crisis leaves Lebanese "struggling to survive" -WealthMindset
Beirut protest sees tear gas fired at retired officers as economic crisis leaves Lebanese "struggling to survive"
View
Date:2025-04-14 18:33:26
Hundreds of people swarmed into downtown Beirut Wednesday to protest Lebanon's dire economic conditions as the collapse of the country's currency posed an increasing challenge for a government reeling from years of chaos. Security forces fired tear gas to disperse protesters as some tried to storm the government's headquarters.
Videos on social media showed protesters trying to break through the fence around the building and hurling stones at security forces as others ran away from the tear gas filling the air.
"People are trying to express their voices, because nobody is listening to them," Wadih Al-Asmar, president of the EuroMed Rights group, told CBS News. "The majority of Lebanese are struggling to survive."
Lebanese authorities did not release any information about injuries or arrests, but some people suffered from tear gas inhalation during the clashes.
A group of retired Lebanese military personnel called for the demonstrations and other groups joined in, all protesting the difficulties of daily life amid an economic crisis that began years ago, with many demanding an increase to their state pensions, which have shrunk in real terms as the value of Lebanon's currency has plummeted.
"We protested to send a message to the government," retired General Maroun Badr, one of the leaders of the protest group made up of retired military officers, told CBS News. "We were asking for a raise to be able to cope with the taxes and fees. Our pensions aren't enough."
Over the past three years the Lebanese pound has lost more than 95% of its value against the dollar, and it continues to strike new lows.
"The situation for the military personnel and for civilians is terrible. We can't continue like this. Reform is needed to cope with inflation, just to be able to survive," said Badr, who joined the protest himself. "A delegation representing us met with the government to discuss our demands. We will wait until next week, and if our demands are not met, we will go back to the streets and escalate."
Last month, supermarkets in Lebanon were pricing items in U.S. dollars amid the unprecedented collapse of the local currency as they couldn't keep up with the daily price changes.
"I don't think retired army personal or any other group alone is going to be a game changer," al-Asmar, of the human rights group, told CBS News. "The problem is much deeper and more complicated."
Al-Asmar sees little reason to hope the protests will sway the government – long accused of corruption and mismanagement – to make the sweeping changes he believes are needed. He said as the financial crisis deepens, people are being pushed to think more about their own interests, so if the government can make limited concessions to end the demonstrations, it will likely survive the unrest.
"Politicians are happy with the status quo, as most Lebanese can't even afford to demonstrate," Al-Asmar said. "With many having to do two or three jobs to survive, they can't demonstrate for more than three hours or so."
- In:
- Economy
- Inflation
- Lebanon
- Middle East
Ahmed Shawkat is a CBS News producer based in Cairo.
TwitterveryGood! (6)
Related
- Toyota to invest $922 million to build a new paint facility at its Kentucky complex
- Activists watch for potential impact on environment as Key Bridge cleanup unfolds
- Suspect charged with murder, home invasion in deadly Illinois stabbing and beating rampage
- Opening day 2024: What to watch for on the first full day of the MLB season
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Jon Scheyer's Duke team must get down in the muck to stand a chance vs. Houston
- Sam Bankman-Fried sentenced to 25 years in prison for his role in collapse of FTX crypto exchange
- ASTRO: Bitcoin has historically halved data
- Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
- Ymcoin Exchange: The epitome of compliance, a robust force in the digital currency market.
Ranking
- Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
- Oregon city can’t limit church’s homeless meal services, federal judge rules
- Stock market today: Asian shares are mostly higher after another set of Wall St records
- ASTRO: Bitcoin has historically halved data
- Louvre will undergo expansion and restoration project, Macron says
- Facebook News tab will soon be unavailable as Meta scales back news and political content
- What to know about Day of Visibility, designed to show the world ‘trans joy’
- NOAA warns boaters to steer clear of 11 shipwrecks, including WWII minesweeper, in marine sanctuary east of Boston
Recommendation
Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
A growing number of Americans end up in Russian jails. The prospects for their release are unclear
He didn’t trust police but sought their help anyway. Two days later, he was dead
A woman went to the ER thinking she had a bone stuck in her throat. It was a nail piercing her artery.
Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
What are the IRS tax brackets? What are the new federal tax brackets for 2023? Answers here
The Most-Shopped Celeb Recommendations This Month: Jennifer Lopez, Kyle Richards, Chrishell Stause & More
Black voters and organizers in battleground states say they're anxious about enthusiasm for Biden