The Lebanese pound on Thursday fell to a record low against the US dollar, as political leaders in the small Mediterranean country failed for the 11th time to agree on a president to help extricate Lebanon from its worst economic crisis. The pound was trading at 50,000 to one US dollar for the first time since the economic crisis started in Lebanon in 2019. The Lebanese pound used to trade at 1,500 against the dollar before 2019. Banks in Lebanon have applied strict withdrawal limits on foreign currency assets since 2019. The curbs mean many depositors’ savings are frozen, leaving most people …