Predictions
- Major blast at Beirut port will further exacerbate economic crisis, fuelling public anger and major nationwide protest movement
- Increased public anger, burden on hospitals and destruction of medical supplies will complicate government efforts to combat COVID-19
- Blast unlikely to influence IMF decision on loan, while Hizballah’s dominance and stalled reforms will continue to delay negotiations
Event
A major explosion at Beirut’s port on 4 August killed at least 100 people and injured more than 4,000, with the overall casualty toll likely to rise further. The blast caused extensive damage, with the immediate area within a kilometre of the port destroyed, and property damaged throughout the city.
Falanx Assynt is a global intelligence consultancy and leading provider of geopolitical, strategic and business risk analysis since 2003. Falanx Assynt is part of Falanx Group Ltd (LON:FLX) which, through its subsidiaries, provides cyber defence and intelligence services to blue chip and government clients worldwide.