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(A.S.A): Protests continue in Lebanon, protesting the collapse of the local currency

 Protests continued, yesterday evening, Wednesday, in a number of Lebanese cities, in protest against the deteriorating living conditions, the collapse of the local currency (the Lebanese pound) against the US dollar, and the unprecedented rise in prices, especially after the increase in fuel prices yesterday by rates of about 35% amid expectations of an increase in them again, as well as The severe shortage of electricity and fuel needed to operate private generators, as well as the shortage of medicines, baby milk and a number of basic commodities.

In the capital, Beirut, a number of protesters blocked the roads at the intersection of Omar Behem Qasqas and Cola Square, in front of the Lebanese newspaper An-Nahar in Martyrs Square, Salim Salam Bridge Road and Sports City Street. Protesters also blocked the road at the Salam neighborhood stop towards Mareijah with burning tires.

In the Bekaa, protesters this evening blocked the Saad Nile road in both directions, Bar Elias at the Marj junction and Taalbaya in both directions, and a number of other main roads.

In the north, protesters cut off traffic on the Muhammara highway in both directions, and the two lanes of the highway toward the north were cut off with burning tires.

Despite the cautious calm that prevailed in Tripoli today after a night of protests marred by violence, the protesters returned to blocking a number of roads.

The Supreme Defense Council in Lebanon met yesterday and asked the military and security services to maintain the necessary readiness not to allow some people to destabilize the security situation due to the financial, economic and living conditions, and to address especially what is related to blocking public roads or encroaching on public and private property.

The meeting was held under the chairmanship of Lebanese President Michel Aoun and in the presence of the Prime Minister of the Lebanese Caretaker Government, Dr. Hassan Diab, and the Ministers of Finance, Interior, Economy, Trade, Public Works, Transport, Energy, Water and Public Health, in addition to the Commander of the Lebanese Army, the leaders of the security services, customs and civil defense, the government commissioner at the Military Court, and the head of Rafic Airport Hariri International.

It is worth noting that the Lebanese local currency recorded today in the parallel market more than 17,000 pounds per dollar, while the official exchange rate in banks remains 1507 pounds per dollar, while the price on the government electronic platform “exchange” continued at 12 thousand pounds per dollar, while the price is evaluated at 12,000 pounds per dollar. The price of the dollar in petroleum derivatives is 3900 pounds per dollar.

During the past few days, the economic crisis worsened due to the delay in launching the economic reform program in cooperation with international institutions and donor countries due to the failure to form a new government headed by Saad Hariri due to the existing differences over the powers and the nomination of a number of ministers in the government between the President of the Republic and his political team, the Free Patriotic Movement on the one hand, and the Prime Minister-designate and his team On the other hand, the political party