Despite the formation of a new government in January in an effort to remedy the Lebanese financial crisis, Beirut failed to make a $1.2 billion Eurobond payment due on Monday.
A DEMONSTRATOR IN Beirut holds up a national flag as police use water cannon during a protest against the newly formed Lebanon government earlier this week.(photo credit: REUTERS/MOHAMED AZAKIR)ByDIMA ABUMARIA/ THE MEDIA LINE
