![EPWHN2 Beirut, Lebanon](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/JRKJNIPRTEO3TGKENSIEFBWD5Y.jpg?smart=true&auth=c9d33a836660ca6f8b9f3871904952f74f2141f0b163c447db8ac4c983424e36&width=400&height=225)
The corniche in Beirut. Lebanon faces its worst financial crisis since 1943. Alamy
The corniche in Beirut. Lebanon faces its worst financial crisis since 1943. Alamy
Moody's downgrades Lebanon to lowest rating as economic crisis deepens
Moody's did not assign an outlook and said there is a high probability of significant losses for private creditors
Massoud A Derhally and Mary Sophia
28 July, 2020