Lebanon Considering Gold Sale - A Desperate Measure?

This caught my attention. Let me break down what's happening.

The Situation:

Lebanon contemplating selling or leasing part of its gold reserves.

The Numbers:

→ 280+ tons of gold held

→ 2nd largest in Middle East (after Saudi Arabia)

→ Accumulated since 1940s-50s

→ Originally backed Lebanese currency

Why Now?

Since 2019: Severe economic collapse

Years later: Still no resolution, no
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#Lebanon #EconomicCrisis #MiddleEast

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