Bloomberg Businessweek

When Worst Gets Worse

When Dany Chakour reopens his four upscale Em Sherif restaurants after repairing the damage wrought by the devastating Aug. 4 blast in Beirut, he plans to turn over the 11% sales tax he collects on each transaction to the local charities that helped clean up the city—instead of giving it to the government. “It’s a form of civil disobedience to give to trusted organizations in this time of need rather than to the state, where I don’t know how it will be spent,” Chakour says. “What has the state ever done for us? The state can’t even provide us with electricity.”

Lebanon was already coming apart at the seams before a 2,750-ton cache of ammonium nitrate detonated at the Port of Beirut, killing at least 171 people and wounding thousands. As the realization sank in that the blast was neither a terrorist attack nor the start of a new war with Israel but the culmination of decades of corruption and mismanagement, the

Sie lesen eine Vorschau. Registrieren Sie sich, um mehr zu lesen.

Mehr von Bloomberg Businessweek

Bloomberg Businessweek3 min gelesenPolitics
In Brief
Coronavirus cases globally neared 51 million, and deaths topped 1.26m U.S. infections have surged to more than 100,000 a day. More members of the president’s inner circle have caught Covid-19, including chief of staff Mark Meadows and Housing and Urb
Bloomberg Businessweek4 min gelesenTechnology & Engineering
Green Cars Won on Election Day, Too
Although President Obama threw a lifeline to U.S. automakers after the financial crisis, many in the industry were unhappy that his administration also was responsible for fuel economy rules that pushed carmakers to their limits. But the inauguration
Bloomberg Businessweek11 min gelesen
Abandon Hope, All Ye Who Build Here
Dave Sapsis went to bed on Sunday, Aug. 16, with a sense of foreboding. As the head of risk mapping at the California Department of Forestry and Fire Protection, he’d seen the readouts from the agency’s high-precision weather forecasting system showi