Berliner Boersenzeitung - Two years after Beirut mega-blast, Lebanon hits new lows

EUR -
AED 4.305195
AFN 72.681647
ALL 95.422252
AMD 435.210269
ANG 2.098242
AOA 1076.151323
ARS 1630.008661
AUD 1.642996
AWG 2.1101
AZN 1.997526
BAM 1.955846
BBD 2.357256
BDT 143.603388
BGN 1.955479
BHD 0.44241
BIF 3481.282142
BMD 1.172278
BND 1.495035
BOB 8.087191
BRL 5.838651
BSD 1.170328
BTN 110.242601
BWP 15.852374
BYN 3.315378
BYR 22976.642144
BZD 2.353856
CAD 1.6035
CDF 2713.823208
CHF 0.92276
CLF 0.026706
CLP 1051.074801
CNY 8.014047
CNH 8.011674
COP 4166.49831
CRC 532.612567
CUC 1.172278
CUP 31.065358
CVE 110.267602
CZK 24.357004
DJF 208.414918
DKK 7.473392
DOP 69.721645
DZD 155.165661
EGP 61.629454
ERN 17.584165
ETB 180.927869
FJD 2.584462
FKP 0.86741
GBP 0.868643
GEL 3.142162
GGP 0.86741
GHS 12.993307
GIP 0.86741
GMD 86.166922
GNF 10273.242401
GTQ 8.947211
GYD 244.855777
HKD 9.185323
HNL 31.099734
HRK 7.537164
HTG 153.223615
HUF 365.188391
IDR 20224.954791
ILS 3.50048
IMP 0.86741
INR 110.48776
IQD 1533.136175
IRR 1543889.679138
ISK 143.780307
JEP 0.86741
JMD 184.694358
JOD 0.831191
JPY 186.831798
KES 151.323571
KGS 102.460824
KHR 4689.111052
KMF 492.357028
KPW 1055.030569
KRW 1731.067702
KWD 0.360781
KYD 0.975323
KZT 543.652828
LAK 25645.605119
LBP 104805.07292
LKR 373.058802
LRD 214.755067
LSL 19.461359
LTL 3.461432
LVL 0.7091
LYD 7.426175
MAD 10.828255
MDL 20.35248
MGA 4863.114747
MKD 61.641454
MMK 2462.196871
MNT 4211.458432
MOP 9.444723
MRU 46.711102
MUR 54.898206
MVR 18.112133
MWK 2029.447886
MXN 20.374308
MYR 4.648126
MZN 74.920708
NAD 19.461359
NGN 1590.781188
NIO 43.071016
NOK 10.922156
NPR 176.388162
NZD 2.000304
OMR 0.450331
PAB 1.170328
PEN 4.057796
PGK 5.08012
PHP 71.151438
PKR 326.265098
PLN 4.243587
PYG 7421.175106
QAR 4.266401
RON 5.088276
RSD 117.422771
RUB 88.242082
RWF 1710.640363
SAR 4.396537
SBD 9.431334
SCR 17.347409
SDG 703.957044
SEK 10.808811
SGD 1.495948
SHP 0.875224
SLE 28.867382
SLL 24582.071905
SOS 668.815781
SRD 43.917629
STD 24263.780751
STN 24.500578
SVC 10.240242
SYP 129.569183
SZL 19.453459
THB 37.905643
TJS 11.00136
TMT 4.108833
TND 3.417581
TOP 2.822563
TRY 52.770123
TTD 7.948188
TWD 36.907408
TZS 3045.871869
UAH 51.571617
UGX 4354.102737
USD 1.172278
UYU 46.361094
UZS 14061.331783
VES 566.403138
VND 30901.239128
VUV 138.501946
WST 3.198573
XAF 655.972478
XAG 0.015486
XAU 0.000249
XCD 3.168139
XCG 2.10925
XDR 0.815819
XOF 655.972478
XPF 119.331742
YER 279.764489
ZAR 19.382861
ZMK 10551.909878
ZMW 22.148523
ZWL 377.472928
  • CMSD

    0.0900

    23.32

    +0.39%

  • BCC

    0.3300

    84.15

    +0.39%

  • RBGPF

    64.0000

    64

    +100%

  • AZN

    -2.5500

    189.75

    -1.34%

  • BTI

    0.8100

    58.09

    +1.39%

  • RIO

    0.7600

    99.61

    +0.76%

  • NGG

    0.4600

    87.42

    +0.53%

  • GSK

    -1.1900

    54.44

    -2.19%

  • BCE

    -0.2200

    23.88

    -0.92%

  • JRI

    0.0100

    12.89

    +0.08%

  • RELX

    0.4000

    36.53

    +1.09%

  • VOD

    0.0100

    15.63

    +0.06%

  • BP

    -0.1000

    46.25

    -0.22%

  • CMSC

    0.0400

    22.95

    +0.17%

  • RYCEF

    -0.1200

    15.3

    -0.78%

Two years after Beirut mega-blast, Lebanon hits new lows
Two years after Beirut mega-blast, Lebanon hits new lows / Photo: STR - AFP

Two years after Beirut mega-blast, Lebanon hits new lows

Crisis-hit Lebanon marks two years Thursday since a massive explosion ripped through Beirut, with victims' relatives planning protest marches as they keep demanding truth and justice.

Text size:

The portside blast of haphazardly stored ammonium nitrate, one of the biggest non-nuclear explosions ever, killed more than 200 people, wounded thousands more and decimated vast areas of the capital.

Yet an investigation into the cause has been stalled amid political interference and no state official has yet been held accountable over the August 4, 2020 tragedy.

Several heavily damaged grain silos that became a grim symbol of the disaster collapsed last week, and more are dangerously close to coming down, experts warn.

"I hope that seeing the silos fall will give people the will to fight for justice, to battle with us," said Tatiana Hasrouty, who lost her father in the blast.

Politicians "are doing everything in their power to stop the investigation" into the explosion of the fertiliser, she said.

The mega-blast was a nightmarish moment in the chaotic history of Lebanon, which is mired in its worst-ever economic crisis marked by blackouts, runaway inflation and widespread despair.

When protesters in three separate marches starting from 1200 GMT Thursday later converge at the port, they will smell the smoke wafting from the silos where fermenting grain is smouldering in the blistering summer heat.

- 'A nightmare' -

The enormous explosion two years ago was felt as far away as Cyprus and sowed the kind of devastation normally caused by wars and natural disasters.

It further scarred the crisis-tested population and accelerated a massive exodus that recalls the flight during the 1975-1990 civil war.

Lebanon's ruling class, accused of misrule, graft and gross negligence, has however clung firmly to power even as the people endure shortages of fuel, medicine and clean water.

"This ruling class is killing us every day," Hasrouty said. "If we did not die in the blast, we are dying of hunger, from a lack of basic human rights."

Power cuts last up to 23 hours a day, streets are dark at night and traffic lights out of service, leaving some districts illuminated mainly by the silo fires.

Lara Khatchikian, 51, whose apartment was badly hit two years ago, has watched the blazes, calling the sight "a nightmare".

"My neighbours and I were stressed all the time," she said. "I have felt fear, we couldn't sleep. It takes superhuman strength to live when you are constantly reminded of the blast."

- No justice -

The government in April ordered the silos' demolition -- but this has been suspended, partially because of objections from victims' relatives who want them preserved as a memorial.

French civil engineer Emmanuel Durand, who monitors the silos, has warned that the danger of a further partial collapse "has never been so high" and could come "at any time".

Meanwhile, the probe is also at risk of falling apart, as officials have curtailed the work of the lead investigator Tarek Bitar with a series of lawsuits.

A judicial official close to the investigations said judge Bitar's work had been paused since December 23.

Victims' families are divided, with some accusing Bitar of bias and others regarding him as their only hope.

Amnesty International, Human Rights Watch and other groups Wednesday relaunched an appeal to the United Nations to send a fact-finding mission.

They jointly declared that "it is now, more than ever, clear that the domestic investigation cannot deliver justice".

(L.Kaufmann--BBZ)