'Now we are ruined': Lebanon's embattled savers try to rebuild


  • World
  • Wednesday, 02 Sep 2020

Nadim Srour, a 43-year-old who returned from the Gulf, is pictured with his wife and sons in Beirut, Lebanon August 25, 2020. REUTERS/Mohamed Azakir

BEIRUT (Reuters) - Like many Lebanese expatriates, Nadim Srour wired savings back as a nest egg for his return. Now those deposits have crumbled in an economic crisis and a Beirut blast has destroyed his home.

"Our lives turned 180 degrees," said the 43-year-old who returned from the Gulf with his wife and two sons in September 2019 - a month before Lebanon's banking system imploded and a year before the port explosion shattered a swathe of Beirut.

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