Desperate times in Lebanon: Seven bank branches, including five on Friday, were stormed in the past week by depositors seeking to unlock frozen savings. The bank break-ins that have garnered wide public support prompted banks to announce a three-day closure. This is another sign of growing chaos in the country amid a historic economic meltdown which led to banks imposing draconian restrictions on withdrawals. Banks have been widely accused of operating like a cartel and of spiriting large amounts out of the country for senior Lebanese officials. Also on Friday, parliament suspended talks on the 2022 budget after a walk-out by lawmakers sent attendance below quorum, further delaying efforts to complete requirements to access IMF funds to relieve its economic crisis. The unfortunate developments could further destabilise Lebanon and its crumbling institutions, as the economic crisis drags on, with no end in sight.[COMMENT BY: Stephen N.R., Senior Associate Editor]