BREAKING

Al Mayadeen correspondent: The Lebanese army refuses to evacuate the Martyr Mohammed Farhat barracks, located 200 meters from the threatened building in Kfardounine.

The Israeli occupation forces issued a new bombing threat to the town of Zawtar al-Sharqiya in southern Lebanon.

Al Mayadeen English: Israeli warplanes launch two airstrikes on the town of Tyre, Aita al-Jabal, in southern Lebanon.

Lebanese Ministry of Health: One martyred, 8 wounded in the Israeli airstrike that targeted Toura, south Lebanon, earlier in the day.

Israeli media citing high military official: No plans to escalate, no special instructions to "residents in the North."

Israeli media: Israeli Security Minister Israel Katz designates border region with Egypt "closed military zone."

Al Mayadeen's correspondent in South Lebanon: Injuries reported after an Israeli aircraft struck a lumber mill between the towns of Toura and al-Abbasiya

Al Mayadeen's correspondent in South Lebanon: Israeli aircraft launch strike on outskirts of Toura, Tyre district.

Hezbollah: We pledge to remain in position of honor, dignity, and righteousness, to defend our land, our people, and the aspirations of future generations.

Hezbollah: We highly value patience of our steadfast and proud people, who endure oppression and aggression alongside us in the hope of preserving national sovereignty and dignity.

What happens when a country goes into debt default?

author: Al Mayadeen
source: Al Mayadeen
29 May 2022 20:43

We have been hearing the phrase 'go into default' a lot recently, amid a global economic crisis. Here's what happens when a country goes into default and what leads to it.

What happens when a country goes into debt default?
What happens when a country goes into debt default?
What happens when a country goes into debt default?
What happens when a country goes into debt default?
What happens when a country goes into debt default?