After four months of widespread protests, Lebanon has a new government. Voted in by a slight majority in parliament in late January, it must deal with the gargantuan task of an economic meltdown of historic proportions, and of assuaging countrywide protesters questioning the legitimacy of the entrenched political elite. Lebanon’s economy, and with it perhaps its long-term political fortunes, are at stake. Since October, protesters across Lebanon, disillusioned with the gross political and economic mismanagement of successive governments, have demanded sweeping reforms. They have put the blame squarely on elites who draw their influence from Lebanon’s dysfunctional power-sharing system. This [...]
Economics & Business
An economy in freefall. A humanitarian crisis that has caused millions to flee the country. Frequent mass demonstrations against the government. And an opposition movement whose leader is recognized by dozens of countries as the legitimate interim president. In many places and at many points in history, these ingredients have proven sufficient for regime change. But in Venezuela, the government of President Nicolas Maduro continues to hang on. For this week’s interview on Trend Lines, Raul Gallegos joins WPR’s Elliot Waldman for a conversation about how Maduro has been able to remain entrenched in the presidential palace in Caracas despite [...]
ISTANBUL—Turkish President Recep Tayyip Erdogan has made multibillion-dollar infrastructure schemes a hallmark of his years in power, championing megaprojects like an ongoing extension of Turkey’s high-speed rail network and a gargantuan new airport outside Istanbul. He and his ruling Justice and Development Party, or AKP, claim they spur economic development and create jobs. Many activists in Turkey have long opposed Erdogan’s building spree due to its high social and environmental costs, but have had little success in stopping it. That may change with Erdogan’s latest push for what he once called his “crazy project”: digging a 28-mile canal on the [...]