‘Simone Biles and sporting stress The holiday that changed my life Teo es Robinhood and the markets SEC cracks down on China listings ts" #"«" Didi .co spurs regulator e More transparency on IPOs @ Disclosure of risks from Beijing Designing cities for @hotter future ‘Townson edge P| ae He y amid US ; ‘Chige Cornish Lebanon's year from hell Swiss central bank's reserves pass $ltn on back of big gains from US equities rT FTWEEKEND FESTIVAL eCGa ion {Usain quarter rontahoms pander ‘ermaninftionric tot dhe es et Feces attr ‘wimp age Gihrechacaontnii hc INTERNATIONAL, Peru in crisis after premier named Present stnscounty byappoiningpaitcan wahallegedtero inks California. Blaze danger Paradise fire threat stirs hellish memories Turkey's Marmara waters choked by pollution and ‘sea snot’INTERNATIONAL, Biles takes giant leap in exposing : elite sport's mental health strains treatment offoreign Gymnast follows on from stars such as Osaka and Phelps by opening up about battles with pressure Chinese nuclear reactor shuts after fuel rod investigationINTERNATIONAL, Eurozone rebounds with faster than forecast growth Litingoflockdownsand tpt saccinesboontbuviness 8 onsumer confidence en SS ee ee ‘Rpealecieownaicconm od ‘ene i os ieee Ee eee Hehe eo Sa ee ee Se Coronavirus. Global surge Scientists warn as pandemic enters dangerous new pee = ra ae Pear heeraiines fuicorceanrteniy ek someotthe invoved bate dont rw the i Mask U-turn dashes Americans’ hopes for end to Covid crisis Seca es maeaetinie eaRevolut (One app, fra things money Revolut is proud to announce the inaugural members of its global partnership, the class of 2021. This year, on our sixth anniversary, we wanted to create a global partnership programme that demonstrates that our people are critical to achieving our mission of becoming the first truly global financial super app. ‘This partnership lays the foundation for senior leaders to propel our business forward in the years to ‘come, Our partners are a small group of highly-talented colleagues, elected based on their contribution to the er organisation and ongoing commitment to our core values. In this first year, we have elected just 17 people to the partnership across the group. Election to the partnership is extremely difficult and we would like to acknowledge the hard work of many who were not selected this year. We look forward to others joining our partners in future years and intend this to be a partnership to which every colleague can aspire. Congratulations and thank you to all our partners. Nik Storonsky Vlad Yatsenko CEO and co-founder CTO and co-founder ‘Anshuman Bajoria Revenue, New York Matt Baxby Australia, CEO, Melbourne ‘Alan Chang Revenue, London Christos Chelmis Card Payments, London Peter Collins Internal Audit, London Pierre Decote Risk, London Thibaut Genévrier ‘Acquiring, London James Gibson Revolut Business, London Harinder Gill Regulatory Compliance, London Daniel Gordon Operational Risk, London Deirdre Halligan Globel Affairs and Wealth & Trading, Dublin ‘Tom Hambrett Legal, London. Pavel lukhnevich Wealth & Trading, London Yaroslav Kravchenko Wealth & Trading, London Donato Lucia Technology, London Yoko Makiguchi Japan, CEO, Tokyo Ivan Vazhnov Technology, LondonFT BIG READ. INVESTING Flotation was meant to bea new chapter for the brokerage, whose rise has been pockmarked by crisis. and scandal, But fear ofregulatory intervention has putoff retail tracers and institutional investorsalike, By Madison Darbyshire, Fri Platt and Miles Kruppa Robinhood’s missed ‘moonshot’ Poopleaefeeting He “Tmnotthecnly ane who hades The whole markets doubts about ‘he fur ofthe company’ ‘nema Obituary Activist who championed — Symnribisc siege Seonereeres ee Se rightsand ‘eae numeracy Ee a ae ee eed Loe Seared era would make roca minorities the designed serisof the informtion ageYEMEN EMERGENCY APPEAL 4 feexoze a ‘The confit in Yee now ntsc yea InMan ncn Yemen, nearly Ure milion people ave een place {toner tne and are vig te ame eee when we are in Mar we found the local horas verre by theo umber people an yan nt of sewounded Aroand 27 millon people esthe prince now manor “spc fram het Dons eee looking fr sale en, People werelvingin make shokers OHA wa tere tmadeof pati and meal sess Tere tree tne js pts dg nthe round ude the ents People were very worsed tou ther heath, about the isk of dese, ‘astute cata Sod We wee ‘ery concerned abut the bel f mater, {tnd cides and pregunt women were (Over the next month, ur smal em Pete ind eck te ar proving banc haba and spply Fos that were stugling Geting eee Sia pt Sere ae cay Spleen had to ross ones One four tucks aryingantbatis, medicines re sopye et cepa {perdi dite emoronment to wore thewge ‘ow more than ev ALISON GRIADO-PEREZ IS AN MSF NURSE WHO WORKED IN MARIB- Along eth general etbare, we provided foatinevacenation fr children and ofr Fane eae regant women and children and were ble {0 eter pregnant women with completions tolarger hops for emergency seneans [A DESPERATE SITUATION. fee ee ceeteed hospi ner the rine woman came sath beech dlvery who was tang resect Oar mide sted nd ‘ery went wel Bat who knows what Seoul hae happened otha woman the ‘ce ef many more people ave come tothe aren Bat Mar en longer fe Place tobe In roan week he rontnes Five moved inf the province, asin pe numbers injures and fring thousands tore ope tl her es Auth online approaches Mar y we are cancerned hat people tering inthe ‘cx may find theme wih no pce ‘Abe sc yas of confit the stntion ‘sdesprate These peopl need our help WHAT IS HAPPENING IN YEMEN? wetietson earned Eecieeomeecre, Eoncomasrorecoe ene mepeereimenveemyearte simian Secrmtireeniens pacreeeisaro SECS Ee oa erro mia spt nome ns, ety ogee ost THANK YOU ‘oa oe mong it mga emt a aa ‘ail boone wig ‘eta oe DONATENOW ft CCM CES road 44 £228 2866 coer ‘YES, | would like to support MSF's m | WOULD LIKE TO MAKE A DONATION OF £[ Chae eoeoreneEEELELLE ELEC cooneee LEEECCCEEELOEED &° 00/00 — vere 11/00/00 ‘teams in Yemen a el Coston iseonat ARE YOU A UK TAXPAYER? Sra gifvaid ie owe 00/00/00 ts tn bom pce noon onde postaFINANCIAL TIMES The Big Tech boom marks a lasting change npr aetna poner ater is What Biles's Olympic exit says about elite sport ‘efi reimaleteetie remeonsies Somat arane aaa Letters from the Nixon ‘era for Biden Notebook ian a es = ‘The NHS will have a worthy champion sitting in the Lords Heritage sits fe teat fom wu’ structures ea a SRS em micmoeocny | haraomOpinion Epstein stalks his shadowy network of plutocrats from the grave eae ee Selogetnprmmteol mn eee ae Vicky wae ee = oem = sees eee Serene 2 tatabtanecioteeraiacey: sdatimagmerateaae Sab cx coening he eed miayece inert shen poles aa We have never needed asummer holiday more Former prossorhas sackedthegoterament annlseized pomersin vat hesays salute agaist corruption By Het Saleh Sons oa Personne Neva Kas aed = The president accused "=" sue: Ofhurtingdemocracy esac : aaeet Scie er amon im Seceae Seaceee Saimin: “Ee sist “iment tet E smmmcsaae” Sennen sopradstrconiooin eae Seecaos ee samme dae ettgneCompanies & Markets FINANCIAL TIMES SImu een era Seat EUstress tests lay bare Big investors demand annual (Gangersfor oldest bank vote on boards’ net zero plans © Asset managers join push @ Call for disclosure e Director oversight sought g| Sister terete Credit Suisse rehires risk staff Gig laws drive Deliveroo towards Spain exit | Tycoon launches offer to take Iliad privateCOMPANIES. WEEK IN REVIEW (oejamiecrematnn Office owners refuse & toacceptthatwork has changed forever The TopLine, ‘Tom Braithwaite The ‘ultimate salesman’ opened doors for Gupta’s GFG sects Hleraly dechie 2 =e Homenok | Seb” | ei a ainthawan | tonite inca | Refer, ayo = Isten and lean hesavery ingress indi Under the hood Ransomware attacks quadruple despite US call for action Pann bcrs mg ecm tt align S20 Hygena coche het and aston a mine | Beers most, | Siete ier safftsomn | [reravere teehee a ae deprived mes Uy elnsing ack Widow ath icinema anon streamingCOMPANIES & MARKETS SoftBank pays dear for dallying with Greensill Investment fund spent big behind scenes to shore up Australian entrepreneur's failing supply-chain finance business ‘extiiewseha Gupta wouldbny Tiyssenkruppand that wo bllnout “ouput Massa Lexina room tether anita) ers ray This sare example otha riers problem Greemil problem Sos ‘trentonCOMPANIES & MARKETS Equities. Watchdogs bite Investors rethink China stocks strategy after regulatory shock est ion gb ope leat “8 theta on Chin SERA Soc et Supply crunch for natural gas sends ‘Malaysia takes aim at Binance chief European prices hurtling higher ascrackown on exchange escalates Those who curren ave secant with nance rostral urged i Seiten ees cues | aa a : amit Mogmibamrnaece wee SenerCOMPANIES & MARKETS ‘The day in the markets On Wall Street Robinhood falls short on democracy drive Madison SSegeeaeerae | emmeteee Darbyshire| reseieciettae pSnocee..| ae ansoastapey | nip SS ES aL = aa SSS, |ceeeer [eee (nee. Seoaeen, See Smanripeaeenicnan | 20Uwantiog ridofthem | Pevcweenaa’ Semncapaaseen “Manecerena aan sacarsyaciny Eee Saiieeynor (Soo |Seeeeeos eee Shee Se Sees |e Sey ee erg ee er ne ee ee ee | ee! a mn eee aoe |Seeece |Seeae E S Sa = pee ed When supply chain gets its ducks ina row, = the world faces an inventory recession oo = Ds | Saeers, as Se SS ently striae entire, | Every operatorinthe Reduactfetmsecoae | chainicash ich, Avone = legit aaat ay The eet? ee oe ee europe London a rLr—~—~—~™—Cis ic er ese ete a ot | tarsi at Ee a Sa a Seton, |Teioes. | Severe omen. Semeae.. |Seneees (Seeman | eee Sse. | =e Businesses For Sale [aeMARKET DATAMARKET DATA 2 Ape pe MORNINGSTAR sill ceraaprenessest ENE egeenpeanestng a suentitns cient Bs lectin aa nnsey gaunt en er itl Bibl Had aah lull stl fll Ba 8 SARL BALL “a Hi hdl Morningstar \With Morningstar Direct” youl have everything you need—data, analytics and research — to develop your investing strategy alin one platform, ‘re yuan investnent professional Watch video at vertingmoringsta.com or cal +44 203107020, eFINANCIAL TIMES SHARE SERVICE FINANCIAL TIMES MAKE SENSE OF A DISRUPTED WORLDFT Weekend China ructions raise prospect of abuy-the-dip test ‘lyme Games who owns the stage patency | TESS Goes me me | Katie Martin Seiecemn | a= + TheLong View Spee asaesiee acre capa ae gel —— eT) Planetary wil sgn ave cause for concern tne eee eS — samate spice mt ‘Noone wattstoexpln ‘why they token ore sk justasa wel SS badsitation ened Semgeeketerowa anata ae a Sa #TECHFT LIVE @ TNW Conference Aligning Policy, Strategy and Innovation 30 September=1 October | Online Jn at FT ag ch sem gh iy, ‘Eons el TR CaeSTYLE | TRAVEL | BOOKS | ARTS | FOOD & DRINK . LifegoArts A winning formula Lunch with mathematician Hannah The summer that changed my lifeLife Note from the FTWeditor The 4,000-year-old question Eternal summerLife Lunch with the FT Hannah Fry Tm sure there's lots of tutting — but not to my face 7Travel ‘As Americans ead i Surrender noneare currentTravel Art meets nature inSS Husain speak fravord freason andl scence dda Buti account ‘esol ofthe virus -Esay | Threenew bookslisrate the willy dvergentporrayalo(MusimsinBrtainand Europe, | suitaomtnme ras ion. Tan Rashi wasn hedvided dose sare tee et "Ths hey ft tac susan se nig tofaeryoten Fetstanine = Portraits of Islam For hisimpudence, ‘Timothcsvon Bok ms Inpisoodand had alls tecthknackout Stesseyn amecing bat ‘hole proces such = virseShould you always finish a book? Steamcess | Neshmkoy Reading the world: Benoni one a Chanel provided lyrcarestechtuleot ‘nara bye pstrand Tedd wldnese ferme nike ee inshig books we dot oe ‘harming? Ignoring oe science Anise virfthe a ‘Uk peo reyuncingees i Countrlesthae ter conteethe eich mleresnemichit mocha ra wt a ty et 9 = Sunes: TemeTa lina est ina planned ogy Antisocial network Am apres Pe Books Society's to blameUp the matriarchy 1 ma fo cn fea fsa ‘nde ings aie fF ooanstohcad ype ce Sctepuiccanen, | Satcher ease ‘ora exe See Diversions "BRIOGE PALL MENDELSON tote eee See et Ss ‘cRosswoRo 1852SEr BY MUDDVisions of an American utopiaArts View ats Thisclebration of the Tbr Lebunesearst Huguet Calan ‘Shows how shewasinspirod by and inoxe with les. Arle dick Venice Biennale celebrates a return to live performance By Laue cpp =; SomesLove and biscuits From Moonlight to Zola — the rise of indie film studio A24 ens movcxarbeing squeal ot by streaming own ranches the NewYork hse oman sbackinglltrends By Se RoweSpectrum Lebanons year of hellSpectrum What happens when clites abandon their homeland Simon Kuper cee ee eeeSpectrum Cities need arethinkto protect us in heatwaves Inside iusto Komrar, money networkFood & drink The hills are alive with the taste of Austrian reds Jancis Robinson Wine ‘Cookery | Make the most of rte tomatoes with this succulent essa lad rom Ravindra ARedpehertage Yomstos wih butter bast tors woul come = down and contain | eee =. ¢ kocsis —s‘LifegoArts Vaccination and the bonfire of Asian clichés. 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Current return about 2% plus rising land prices, very slim organisation. office@forest-industries.comCelebrating progress. The new, fully electric Audi Q4 e-tron. Striking lines. Distinctive styling. intelligent, optional matrix LED Por ese ae ae cue res ad Rec ae Cerne SedFT Weekend Magazine FEATURES 16 22 IN THE MONEY ‘ The capocion tht iad rmorethan 200 prope 2 months oc wasthe begrning fa hinge ‘ofurthe tra Coe Cory Cronies four sasone of cho The prime minster own finances rravbschomboke bur scr! ‘not club transtorming he Conservative partys totunes 32 Timspoctor th cent behind the Cove srmptorrcking pp nes by milion has nveres| ‘tal cus about th virus Wate? By Mao Mala couumns © Simon Kuper 1 Tin Harford Testing power fetes Hom torah cites wal shape county fate heater prot Toe questions fom the Cina for gelaie lyme overerthusiaem testo soon for tenable comers? F000 & DRINK Diversions Ravinder Bhoost Latore Henge tomatoes 2 loventory 1 Janeane James Marca macan ‘ula re value ode 1 Comer 14 Fantacy dior party Erne Mone wile use beck to B16 VoorSome furniture is made for the hete and now. Some is bu to stand the test of time. ‘At Neptune, we believe thatthe best can do both, Because good design never grows old.LETTERS Pantasticathce Heals ‘baits Peaty who paved the way. 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"Oscason Ter er belore entering Numbers Jo Telegraph column for which be was pad 75.200 year Book wag projects such as Slakapeae ‘vance eat lene Esco, weep one Tener Arar wo sys hd four-year sll with Johmeom rom 20122036 remembers ck he wasted my take stutipened” Jonson alo hao drop his lucrative speaking engagrmentseachathethe- hour event e239 or not Jenson appear to be struggling to gt yon his annul salary as pre mister Inst year afer ohnson started ecg 3 09 od (Gane Symonds formerhead of communications PcnisolWheder abarinertomgycontest the ‘lath she “Jeanodout"Jlnaonn the dvore Johneontime athe Frcien Ofc from 0x6 1k ‘E.am house wih Symonds n Camberwell soul, Lion lor the iors na ale, con sn Ws their ng 0 ‘market tis year at £4250 a oath, and 20 per entsharcoftheJohasoa andy ame home 5 sents called wallpperzate scandal broke cnonaring both Johnson and Eat. Symonds down and complain about how much i was all Faced with spiraling costs, Johnson turned Sthized Johnson in February 3620 to apy et 2020 by Lard Brownlow alow hey Tory puvonofsucestvepmeminiters tha kg8.200 Tsay the party had "long povided ‘Cummings Johnson stormer chit advisce who has Tor Get ‘roken any rules buthad actod “unvisely" by not Lylagto nd out who orally aid fr these Bm Inte ond Jtaon picked pth a, Strechinghisfinancesfartee The ctrl Com [Pinson ask ina dr he turned the Conse. {es ntoan extremal wel funded machine hat ‘woven lathe yar nang upto brs 2 victory, the party raed a record 57min ‘busineraman who bar made millons in tele out deals around the word sae met Ltn New York Amersbeeame baltic’ member ‘Quintet, “stated seding donations fu Tor dosorswhocajoy monthly ances vhs sen -hutnctenh bey My Amer Saye ike the ery ete Guinesen Freel eee en Pit lesnntssein Ere an elim FT RU Oa A EIT LTTE LY aa IAIN as Pad eee ecard pee in2018-2019cog ee earned inhis Pesce Prorat ocr’ ead ay on . ; "* ££352.000 pean orbe a rend of Dew ‘Everyone onthe Advisory Board bad given tha ‘The 250 figure certainly features prominently sn ecent lito donations othe party Eight {E2s0j200 in 2020 Thee donors have given tha, ‘edge fund manager Alan Howard; John Coe, atheatre produca, and Roseaary Sad fe of as being made up of perhaps a dozen members ‘AConservativespokeaman confirmed th ext. ‘ho was on Toy source sjsu meats acca [Bedi The also pola ou thatthe principle of and thus gain access to ministers was estab lhe longbelore Flt aren Tory. tory ard has spoken eth ther Johneon oF Iles” atenbers are thought to include Lord ‘Authony Bamford, the digger entrepreneur at Whore ator fois cdi 2039 lead snd British Gnancer Jamie Reuben declined party comelfom proper) compan, who would bemajorbeneicarecfohasowspromlstorip allow merchowsebuldimg Donors nipropery Stanley Johnson the pine miter’ father, ‘rer whether he would pea fortough new res to reverse the los of odverty in a govern ‘whats gag on here. 'm suze that preauze Wis ascent to the heights of Con scrote party power hae come athe [Bi pebate fortunes. Quiatesenually ‘Gomismajor shared. USF spl con ‘Semerte Worl Pleven supplier tot ict Hi lesen ys : tes Jon Fv ‘yet ‘has never Deen actively nvlved athe Basins But ouhatrsthe stalin per pected by some to hurbour ambitions to go Inte politics. Geoffrey Clifton Brown, the las Tory setsin gland as acesed Eat of waging dence in my constituency that Ben Ets behibd the Cotswold conaueny. And those send ‘ansaresllgoing on today i qute baer about “Atcha eomthen nua cotrovers Jobson whe that sod {eend can exp the Tory prt avach wat es nanchlproblanswilbevrvdoatina weer heleaves lice sa) oe cabinet mater. "The Tipay £5000000 not tohear her peak” The min Jono sas wel aware that hes lloving Hare Champagre: Churchill ands Mone, co Show the wartime kar jgel hing th avis nth stealing oy i arta bis watchaaker and wine metchent, while tying ‘bone Atlee Johnson dace ne ha to worry about hisprtys finances Lough sk tha hier ‘len Eton” sort tthe money Jobson ase his personal ancl problems paris, bu ineinthe wings Hiemame Hen Eliotau STAYIN ca ou killed more than 200 people Eee ans nage could have been a years of political strife. Instead, Rete ue) eer etic Words by Chloe Cornish. Portraits by Elsie Haddad{pein August 42020, nar at home in Herat ‘working om an arc about Lebanon’ falter {ng banking system. Withoot warning, he sovld shudder Aseuming was an earthquake, Trantoadoo ame raring rte walls toca Tape. Inseadthebckrndmeofmy apartment ‘iploded outwards in shalt as Tnthemomentarygutthat followed Inotied papers tering trough thea rom he ee balding opponite. Then I heard our building's ‘het teamforicsen ‘ewer incredibly My neighbourhood ie amilesouthoftheblas’s epicentre whee dons ‘were already dead, The explsion a shred od bulldings and fang adults through the ale Iie dolls The wounded wo could walk shed towards partially destroyed spits inside the ist zon, wher they found doctor, ursesand Palletebadbees Kl "ira any unbarmedreporterwoulddoand triedto work out what ha happened. quer pstpanickedneehboursonmysaytothe roof ‘yapartient bldg Surely column ack ‘make would help me eal whereatruck bomb Id been detonated: Or maybe i had een an sir ste, Birt had survived a protracted cil onli that ended in 1990, montelong arin 3506 between the powerfl Lebanene mutant up Hlebollah and frel and nlp deadly Skene, Tut from the roofof my sastorey building savratowerng pin cloud A huge version of he ‘ahdjlonshavedtotourbteon Gers seat Tetardatiforfour mites lookedabaus, ‘he day before the explosion, Lebanon or gu mine Nasi bad eign, declaring Hizbollah’s role in the failures of governance thatled to the blast ~ and the political paralysis since - isundeniablethatthe county wat “aliping nto becoming 2 fel sae” an atthe was wilson smonattsieaders. "The pink coud was the flue he had spoken cof made manifest Bett had not ecm Mt by & terror atiack or strck by anenemy malay. We ‘rentaly art ata Warehouse te prthad ‘aught fire apd hen cruped withthe orceequ ‘Sento one aot of the stone hort dropped "Why? Becaur for six years nobedy in power took esonsbityfora;gotonnesofammonian nitrate, whieh had heen removed by so order froma sinking shipinport andl to mourn ebear othe. “The explosives caused the plnksmoke, But the Iehanese people soon discovered that respons ily fr dheirloved ones deaths aya the eet. ltheiroa leaders msl eng wld wo Sarvved the 35 year cl war and were Brg togetheinthe aon 990 peace. "The Tail Accords that ended the conflict divided power among Lebanon's 8 sc and tee designed avatemporary balance of pow, ‘aly form ofgovenungiabeoutown ‘Buthree dacades lar the sabe band of men spdtheirsionsarestiluingthesetarian made {ohare the spoils of psaflly corrupt unpre Aloctve system that hasbeen accused of wasting Ulin of dal, ‘Overshadowing all ofthis Habla, the true power in Lebanon, With the supper of its ‘evefatriean ands aly Sy, teSis bla {st group has grown om ami founded by Ceres in 196 10x politcal party and the mont {eared iniveneomthecountry fates some- times denrbed ae asada ate and wa widely {howe to be one ofthe faetons rine Belts Lebanese whispered about wheter i had been {rigged by a stash of arm Hep thee“ abua Tutt categorically deny the presence of any ‘miss or any marlin ay wars tthe port Hisbollaslender Haman Nore Tespondedinatsleveedpeech fw days later the group role Inthe lllrer of poe~ ‘rmance that led to the bla = and he police parspsis tht hat followed sundeniahe "For {ccades Lebanon was run through consenses among varlous poll eles” ays Lina Kalb, ead ofthe dl East programme a Chatham ‘ous athin takin Landon. “Stic model now siting to one im eich one political party calle the shots and that fe ibis ‘The blasted more than 200 people njred thousands and caused some Sybu worth of ‘damage It should have ben ana for Lebanon. Intend, wan the beginning af farther ll = ae og pagename cha, fours “odaysthe iat talfinon the verge colaee, ‘OnJuly5,primeminister designate Saad Hare ‘uitateralmos 10 months of allure to form then government "A apres conference ast September, a jour salt exasperated by he allure ofthe couseys Tenders to form a government atked president od Hibola ally Michel Roun: Where Leb {hon going? The 87-year-old politician epi: “Tobe” 100015 yrLebanace ul tearenda wih TH Ronde 2008 Forma rie ister Pig ni tledin carbo, porking mane protest which ‘oreo on ondtoe San ‘osupationof Lebanon. Niche Roun, former commander ofthe Lebanese tem retin fromrrance 2006 rel rae Labanon in Short war tagered by a bncted Shia mia aru Hizbollah 2071 Cl war breakout in noghbouring Syria, Hundred of Thousand a Sans sock oe Intebenen 2016 Algoment wih ibaa hes Acuna Maronite Csi, secureprsideney 2017 Pime marist Send Harts, Sune andeonfclin promior Rig Harr tdotaned Sunn evi to Sua rab, Ssloged ever his nb to curs therisna power of Hubolh He temporary esins shking Lennon economy 2018 Mabolh do wellin genoa Slectone but rin loeae ground Ipstlapeointed prime minister 2010 Mas proterts targeting potical ses over corpsion inequality ring down Hers foversment Banking cra beans Zor0 inmarch,Labanon deft ‘nits soverign debt forthe Frat tment story tm ct Bout oxloson fle Hasan Db {goverament In October, Hart ‘Rappointedprine minister Nec estna Bilonaire and ‘PM Nab Mla rplacechimAUTUMN mp pr smn Ee ca idwth oake Many ‘amied oom theyhad bee ng to clear sects the government Nada. They refered to thee lead creas murderers. Secu forces, teedtodipercthe demonstrations ‘at tear gat and rubber bullets, Bat thone ho gave the der nee ervey ales rine trite isha Tbesanremtesngntersewswith some of Lebanon's pola css, totlnd out whether they accepted ‘esponsbity forthe coum sees “and wher hey had any plans o frit Iwate topeakto Hebe mth ecard, bl the group eae tos tere requss fom foeen Journalist prefers to broadest Temgthyspoeches by Nasrallah, sharimatieso year-old whovesin Iding foe arofan rad asain mee idee seSC SO roaN wold pea as Waa Tinted the Dre ont Hew ails leader during tec wae fn his ptitckngt the decedes Sincehne ep esp heal ‘Sous groupautef able for yers, Ie was the man dpa called toexplancbaoas pals He was arly good at this because be Fp bile system "Por better or worse, Wala Jumblat may be the sina pers mast reponse [eewhere we are in Lcbaen ny ‘enfsaa008 Sdploatiecable At thetime jomblt ar paying acon tealros inthe upesing wgsered by post ol war premier Rag Hast ‘senate, which lilly filed Syria year occupation chon ‘When we me at hi Bein tw hows, the year ad tld me he wear not lepine wel “inscmni ervouneshecomplalaed, ear Inge jeans and eather act, Wi andard awa look sine the murder of hs father politician al hee hi into pols are ‘hn 4 yeas ag. Jamba hadlons, fssrftiabllah encroaching on fis searothe Choaf montana where Istana an ancestral palace ‘Whe Iaskod who wasto blame for Lebanon's predicament, he tamed aloha fellow warlord ellashielsyingthey were all the pele ofthe ystems He sed “And the main power on he ‘pounds Hila He says the group has harmed Lshanon! relations with the US (Grushington has dsigated Ka levrrist organisation, imposing ‘Soctions on altel pica Trsinesspeope and some banks)“Letanonsinthemiileofabigta 1 yeas insalilary confines or rolhcwentheAmertanhammer polticalmundenandvarcrimes He “Mibcttniansnnis Suoctonewill lamedthathewar femme fotweaken Hib" Why?-Tiey _Geapelivesina modern mansion fave their own autonomy, nan” atthespofail Hise Seth 6 Clalautonomy. Theyhavether own anMP.Thadtopassmumerosblacke Sw should say?-lnsitwlons | adsctnygurdetoreach ain ont see them being weakened as Apil201, sniper ely shot hm We Rserican [wi] ‘shewarwalkinginthegaen. asked what shoud bedone about the grou weapons, which wae Sllowedtokep an porof the Twit gathered Lebanes chil nclad- Accordseventhotahothermiiias ga representa rom Hho, were forced to disarm, “Nothing urgingthem pat the differences Yooucandonathing Jus doe waste ide and form credible new o¥- ourtime” meat Although the EU considers ‘Whenever Ihave had tea with abolas miltary wing teror- the lowevel Hibollah ofcials ist oraatsatlon, Macron seemed to tare peviedto allt the accept fc tl wo progres can Premollthe recor, they nat the bemmdewithoutthe group. roup Is misunderstood by west. "Macron, he answered 1,001 frumedin Taey make nosecretol things But ould pone mate {heir endship with Iran bat say althingout of him seid age. they exist to protect Lebanon from “Beemuealthat Macron wanted wat Eeciagrammdiuisaral ubsulverayiodyineterops nannsbe parmacebepants lebapnshistercly most theageceat ve acon ud WINTE L fantow on vil wots cut : | i J 4 4 4 sibel group, Shin Shims hist 3 government should Belormed by Ingeamcer drips Walhthe Lebanese "Hebd dispenses ald toms con- September. twas eagea had ‘poundtumbiungand dale see, twency andesjoyenport among other dese, ad he palled is party (porting eer eitiel grade wa ‘many Shin, When Covitag.track, oat of the government formation + Pound pszce 000 t0 becoming lfc too. May Leb opened testing fcities and so" races hiseyesonceconsin 2022 ‘the daar ese ther bestoctockpl- Inton centreswhich werechow of" He had long opposed Hizbol- gas fond and dink T ered to persuade a widowed ‘ojouralss. Jah His militia, the Lebanese jgupiganaoQpersenen {Wehdy Mohamad, who has two ‘But Hibollah has expanded. It Forces, was even aligned with the pevounyeor oungcildenptioselhisideey Yas an increasingly sophisticated toracl during the countrys accu” {oay for plane teks out af the + the judg leading the and lage misleaseaal and an paionosoutrn abanon inthe THe leading ‘county Intheend, hs usue dat Interatiomleriminalactworkthal 80r "Hisollah iw unng te mit- —_fvestlaatonimothe Bere ended eipen Felpefundits activites according iar force to weighon the paiical past charges Hosran Da ‘Why had the economy come totheUS.Itscndstsyoungmen’s Ierhewarned Hetsasoanenemy —“lneeformerriistrt _raghing down so fst? Tt was 2 {ight inher countries coulis, of HinballasCritan allen the ——-MTIINA!MEDTOOTCS ga scheme, jou know? A Pont ‘special Syria oritsinvestment, Free Pateote Movement (FPM), Scheme that became in asnse sel Irangetsaprocyforscontheborder _or-Twjya founded hy now pest Sustained” Tote Gaspard, aformer fiencmy ord andextends 4 Jen and former aay commander ‘My ofa and tebanese econ Influence tothe Mediterrancan, Michel Aoun, “Wibalah and Aral ‘ot, tld me He was one ofthe Hinbalss control over aouthern [another hia political party] they Fit to wara that we the com Beirut rsa complete that journl- allied themaclves with the Tye omy lookedallrigtonthesaraei tshnetoadperminionioreport And they arecontaling the xt S005 the munberslxetadncrach {oom there Ifthe dot they wll thon” Geagen say eertng othe ‘Lebanon produce litle, bat it bedrsined oweroftherowinginparament. hasone extremely valuable export ‘asked Jumblat if Lebanonisa_— "A few days Before we met there people Foryearsthe country sha failed state? "Nowadays, yess"he had been sculls between Ceageds poralelped the economy grow by Said, adding that twat always supporters and the FPM neat my Sending money back and tnvest Rat aye titan note We bed home: Gengelsprty mar ml ing propertie and retirement ‘modern leaders, But with time donc, Would hey ght to pote nesta Rc people from other [camel decay celwarcorspelon” thee tertree gaa?“ mean, we Countries wth more closed cconot Jumblatisoncolthe chance lexd- come Irom x miitary organisation ‘ie sucha yr, found Lebanon {sblamed orhavingapareinthe | Butnow weareaparty.Soalwaps we {welcome lace to parktheir cash. erydecayhederidesTstoolato _llhave ths depine among our ‘atthe 2014 outbreakof ci warn ‘Spalogie;Jumblat retorted when ranks. Tohimptoamltay ofa ‘Sytlaunneried investors Te ow asked ihe had any regfets about Ison agan?No,heresa dance” ‘older start. Deingapartofacabalviuchbrowgt "Headdedacveat“Supposethe- ‘By Pons! scheme, Gaspard ‘ecounzytoustaes."Lethisory oraialy forthe army they dot means the method used by Leb Stow pre lee od ran vitea SORE Soe tant fae sone talon Sia amamay omy wana rn el ee Scat: Tavsievmneteny —Theeconomywass fe Th ‘Known toissupportersashakkm’, there's a danger. Of course we will zi scheme, you Interest rates to park their dollars in ‘or doctor, because of his medical start rebuildingourselves."Neither know? APonzischeme the Banquedu Liban. The hard cur- acsrerannactte nec | Sites Gnatbecameinetonse —nyhll ttpe a Uchilondiktandweatontolead- — Acunwoud won ara that the Leb. ‘rowing government debt Salant Crship roles Gengea the anyone anexenrmed forces did ot ve self-sustained’ Stared sing wat he described (shoservedtime imprison, spending sufiient fundso last heoagh 20 Tous casptd carat “financial engncering™ 2035,»‘Of course, we are responsible [for Lebanon's collapse]. But the easiest thing is. that you stay out of Power and yousay you're not responsible’ seth Jamba or Gagen, els ‘oomertopaliscs These president Aoun the 5year-ld avon rn aranclction caida sic 05 gg ove wat tuaiphanded Aounthe preston "si oi me the del sme to preserve “equal between Che {nea Marlin ile bulding thetate-tathe firs we suceeded Inthesecond one we faked, ands here weave big probleme with isla Baw claimed iho Tah wasnt helping really ft corruption” Basel war minier of tclecommuntcatlons, nergy and ‘eterfor thee eas then foregn ‘Mr for ee he energy alntty [brssponsble for Lebanon's chant ‘aly tbe power Tcbanon thas cellaped” he adnated Archean ster ed rerespomuble? “Of course we ae fespontile tthe eares thing 4 which he aid was necessary to mentfaletomsacapta contra ove cya Istht you say out [ot power and Amis chance pounds peg Itwtopreentabanktn Soames SIQHAARGUGTIGSIMEIN DION You ay yout not repoune OF tothe US dollar Thea operations October aor, banks have bccn GEONGAMERCERATIOMN THE our canot my, you kn akedichanaisccomobiew: sever lintitgceh wihdraeck. “Siemans have mahi do wit al of i fess while Boosting commercial Astaflion se Lcanonscuens 1, we faded on Baga he de: tanks prolite “The pola ce, were freed to wach the vale of titky bette acer pet they all benefited fom the lr’ eiraingrnc The blackmarket ‘youre corp Eas eat. EeseolRindsiams Cpa, Skcitetthepeandedramatic sown He dcned seston ere ‘Andhcketsavingthe Lebanese] ward owing became the only met syne had onl eatly oundingod.evcrythinglgpod Space get Gla since he Danks ‘enh ben Spm inde Ase theylustnectedtheccoomy]” wee nolo dibursngthc alse guarded hose, wth ‘Dreatualytheacheme tered, "heals, Vip ets and bank raving iw fhe Medio Adullar shortage in 2019 reveled managers found creative ways 0 cn, he Rina ambassdor and thetankseveresyorretothe gor: fare money, ining by ar ISeniourage ere pling rument apd central bank: Thin trapnghtweenbeficexchange The day afer speaking to the famounted to some 70 per cent rteof 3.300 tothe US dlr ard 1, Boal was branded the face sf ther anets Including Stiobe tmuch higher Black market atest Of ates earrptin i Leb locked up inthe Bangue du Liban, spaketobranch employees ho sid tons pola system” by the US Tourhy double the cuntry’s 2018 they were sickened by tamcactons Treas talleged Hast had sed (possdomesti produc: {Deyadbee ordered ate, fil pstionstoscraoverament ‘Since the basking shutdown, ‘Oa November 5, drove to the ‘oney to lndlvidual close tb spots have been desperate to homwol Cobra ae lender ofthe ‘wihdeaw their money. but para; PrecPutiicMavement compared Sntront companies ndaetoned TmundertheClobal Mapa ce.