What’s next for Lebanon?

Business Matters

Tensions continue to rise in Lebanon and there is growing fear of escalating conflict between Hezbollah and Israel. Over the past decade Lebanon’s economy has shrunk dramatically, the currency has collapsed, and prices have skyrocketed. We hear from Lebanon's business community on how they are coping in the current climate and look at what this means for the wider Middle East economy.

In the US, Leanna Byrne looks at the Boeing production workers strike, which has already racked up over half a billion dollars in losses. More than 30,000 employees are now in their second week of protesting, fighting against cuts to bonuses and pensions. A Kenyan court has ruled that Facebook's parent company Meta can be sued over the dismissal of content moderators. These workers say they were fired for trying to form a union and that they were blacklisted from new jobs when Meta changed contractors. Could this ruling impact how big tech companies manage outsourced workers?

Leanna is joined by ABC's senior business correspondent Peter Ryan and chief economist at The Conference Board, Dana Peterson.