LebanonÕs ravaged economy

The transcript discusses the aftermath of last year's war on Beirut, highlighting the economic and social impacts. It covers the closure of businesses, youth migration for employment, and the decline in the tourism industry. The destruction of factories and the need for significant financial aid for recovery are also addressed. Despite the challenges, there is optimism about foreign aid and rebuilding efforts.

What is one of the main reasons for the decline in Beirut's bars and restaurants?

• Protests by the Hezbollah-led opposition

• New government regulations

• Lack of raw materials

• Increased taxes

How have some shop owners in Beirut responded to the economic challenges?

• By expanding their businesses

• By relocating to other countries

• By closing down permanently

• By resisting closure despite difficulties

What measures did the four-star hotel in Beirut take to cope with the economic downturn?

• Increased room rates

• Laid off staff

• Opened new branches

• Closed a floor and reduced room rates

What was the financial impact on the dairy factory owner after the war?

• He received immediate government aid

• He lost nearly everything

• He relocated his factory

• He expanded his business

What is the Lebanese economy relying on to recover from the crisis?

• New trade agreements

• Tourism

• Foreign aid

• Increased local production