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Home > World Business Report > Banks in Lebanon to close after hold-ups by customers
Podcast: World Business Report
Episode:

Banks in Lebanon to close after hold-ups by customers

Category: Business
Duration: 00:27:54
Publish Date: 2022-09-16 15:06:00
Description: Banks in Lebanon are to close for three days next week following a series of hold-ups by customers demanding money from frozen accounts. Lebanese banks imposed severe restrictions on withdrawals when the country’s economic crisis began three years ago. We hear from Nada Homsi, a journalist for The National in Beirut. China reports better-than-expected figures for its economy in August. The BBC's China Editor Howard Zhang talks us through the data, as well as President Xi Jingping's call for a new approach to international relations. The Chicago Bulls jersey worn by basketballing great Michael Jordan in the opening game of the 1998 NBA finals sells for a record-breaking $10.1 million dollars. Sporting and pop culture auctioneer Ken Goldin explains why it went for such a high price.
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