Japan will veto Lebanon's $10 billion bailout request if decision-makers in the Middle Eastern nation don't deport former Renault-Nissan boss Carlos Ghosn, according to lawyers. He famously fled Japan, where he was under house arrest, and landed in Lebanon, where he was raised, by boarding a private jet in a box in 2019.
Ghosn's cunning plan — which he orchestrated with the help of a former Green Beret arrested in 2020 — was worthy of a James Bond movie, but it didn't take Lebanon's financial difficulties into account. Inflation is rising, unemployment is growing, food is becoming increasingly expensive and the country's public debt hovers in the vicinity of $90 billion. Banks are also running out of dollars, which the business sector pressingly needs to pay for imported goods. Government officials began negotiating the terms of a $10 billion bailout with the International Monetary Fund (IMF) in May 2020, and Ghosn may unexpectedly find himself in the middle of the talks.