Lebanon’s leadership vacuums threaten full economic collapse

Lebanon’s leadership vacuums threaten full economic collapse

Lebanon’s problems are deepening as political and financial leadership vacuums loom, threatening to further plunge the country into what is already an unprecedented economic collapse.

For the past eight months, Lebanon has been without a president, leaving a caretaker prime minister and cabinet unable to tackle the tiny Mediterranean country’s slide into its worst economic crisis, which has thrown most of its population into poverty.

Caretaker Prime Minister Najib Mikati has called on the bitterly divided Parliament to elect a new president to start a recovery process, but it has failed to do so in more than 12 attempts.