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On February 21 2021, Chloe Cornish from the Financial Times reported on Lebanon that: Hunger threatens to ignite unrest as dollar peg slips and inflation
On February 21 2021, Chloe Cornish from the Financial Times reported on Lebanon that:
"Hunger threatens to ignite unrest as dollar peg slips and inflation soars in heavily import-dependent country" "The [Lebanese] pound has been pegged at roughly 1,500 to the dollar since 1997"
In Lebanon many essential food items, like lentils and meat, are imported from abroad. Discuss why the headline may have linked 'hunger' to the 'slip' of the dollar peg.
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