The entrance to the Keyrouz bakery in the Beirut suburb of Hazmeyeh was guarded by members of Lebanon's army intelligence ― an apparent attempt to prevent violence as long bread lines formed outside on Thursday.
In the morning heat, army intelligence created two long queues for Arabic bread, a staple that is increasingly hard to acquire: Lebanese nationals waited on the left, while Syrians and other foreigners waited on the right.
The queue for Lebanese citizens was moving faster.
Waddah al Dimashqi, a Syrian labourer in his mid 30s, said he did not mind the segregated queue.
“It’s fine. People from this area should get the priority,” he told The National. “It’s better this way, it avoids problems.”
But not everyone agreed. An older Lebanese man queuing for bread, who did not want to be identified, said the segregated lines were shameful.
“Now they’re checking people’s ID cards, aren’t people ashamed of themselves? Lebanese here and Syrians there, what kind of thinking is this? What era are we in?" he asked incredulously. "What will foreigners standing in line think of us?”
While the segregated lines outside the Keyrouz bakery are not unique, others The National spoke to around the greater Beirut area said bakeries are still operating on a first-come-first-served basis.
“We don’t segregate our line,” a clerk at Wooden Bakery said. “Whoever wants bread gets bread, as long as it’s in stock.”
Lebanon’s caretaker Economy Minister Amin Salam announced the formation of a security committee last week that will be responsible for ensuring an equitable distribution of wheat and flour to bakeries and mills, while cracking down on black market trade.
But he said the line segregation at the Keyrouz bakery was not organised by this committee.
“Security forces are trying to keep people from causing problems,” he said.
Lebanon is suffering from a wheat shortage. Long lines for bread in front of bakeries and supermarkets have become a routine feature in the early mornings and evenings.
In some parts of the country, hundreds jostle outside bakeries as they try to buy a bundle of the subsidised but rationed bread before the stock runs out.
In the summer heat, tensions can flare in queues that could last for hours. Scuffles and fist-fights are not uncommon. In mid-July, a gunfight sparked by an argument over who was next in a queue at a bakery left two people wounded in Tripoli, north Lebanon.
The bread shortage stems from Lebanon’s protracted financial crisis, now in its fourth year.
As the crisis drags on, the cash-strapped nation’s treasury has been steadily depleted. A steep plunge in the local currency has unpegged it from the dollar, leaving the state struggling to subsidise wheat imports paid in dollars.
It is not just wheat ― as resources have run dry, the state has gradually rolled back subsidies on medicine, fuel and other necessities and prices have rocketed out of reach of many.
About 80 per cent of Lebanon’s population has slipped below the poverty line and the United Nations World Food Programme says half the population is now food insecure.
While assistance has been cut, the state is trying to keep subsidies on the wheat for Arabic bread in an effort to keep the essential product affordable to an increasingly impoverished population.
As bread supplies dwindle, tensions flare
Politicians in recent weeks have resorted to blaming the at least one million Syrian refugees hosted by Lebanon for the bread crisis.
Last month at a press conference, Mr Salam said that Lebanese were being left without bread because Syrians bought nearly 400,000 bundles of the subsidised loaves a day.
Mr Salam claimed that some Syrians were smuggling subsidised bread over the border to sell it for higher prices.
He also said that “some bakeries and merchants personally benefit from the subsidised wheat”, by selling bread on the black market at inflated prices.
Syrian refugees buying bread for themselves is not the problem, according to socio-economic researcher Cynthia Saghir, who works at The Policy Initiative, a Lebanese think tank.
“It’s not like subsidised bread is being handed out free,” she said. “Syrian refugees purchase bread just like anyone else in Lebanon.”
The underlying issue, she said, is that “subsidies are not enough ― they’re supposed to complement a social protection system which is meant to be in place for the economically vulnerable. In Lebanon, subsidies and fragmented poverty-targeting programmes are used instead of developing a coherent national social protection strategy”.
Ms Saghir said that the exploitation of subsidies on the black market is a natural consequence of rising poverty because there are no social protections in place to help those most in need.
On Tuesday, Lebanon's parliament finally approved a long-awaited $150 million World Bank loan to finance wheat imports for the next six to nine months.
"We still have to fine tune the details of the loan before execution, and study the market to see how to execute," Mr Salam said.
"In one month the programme should be ready."
He maintained that subsidies would remain in place for the time being. But, he warned, prices may have to change in the near future.
But the news that stocks may soon improve has done little for people like Ghinwa Hamou, a housewife who lives in the Beirut suburb of Choueifat.
“We haven’t had any bread in the house for days,” she told The National. “Yesterday, honestly, we ate macaroni with tomato sauce because that one doesn’t require bread,” she said.
“But today I managed to snag a couple of loaves from my mom.”
Arabic bread is the most fundamental element in an array of Levantine dishes.
Eggs, hummus, labneh, cheese, olives ― all are eaten with Arabic bread. Roasted chicken ― Arabic bread. Sandwiches ― rolled with Arabic bread. A fattoush salad is garnished with fried Arabic bread.
Ms Hamou said buying the unsubsidised french loaves or Saj ― for example ― was not sustainable "[but] we should not have to wait in line for hours, risking our lives for bread".
Springtime in a Broken Mirror,
Mario Benedetti, Penguin Modern Classics
The biog
Siblings: five brothers and one sister
Education: Bachelors in Political Science at the University of Minnesota
Interests: Swimming, tennis and the gym
Favourite place: UAE
Favourite packet food on the trip: pasta primavera
What he did to pass the time during the trip: listen to audio books
What is Folia?
Prince Khaled bin Alwaleed bin Talal's new plant-based menu will launch at Four Seasons hotels in Dubai this November. A desire to cater to people looking for clean, healthy meals beyond green salad is what inspired Prince Khaled and American celebrity chef Matthew Kenney to create Folia. The word means "from the leaves" in Latin, and the exclusive menu offers fine plant-based cuisine across Four Seasons properties in Los Angeles, Bahrain and, soon, Dubai.
Kenney specialises in vegan cuisine and is the founder of Plant Food Wine and 20 other restaurants worldwide. "I’ve always appreciated Matthew’s work," says the Saudi royal. "He has a singular culinary talent and his approach to plant-based dining is prescient and unrivalled. I was a fan of his long before we established our professional relationship."
Folia first launched at The Four Seasons Hotel Los Angeles at Beverly Hills in July 2018. It is available at the poolside Cabana Restaurant and for in-room dining across the property, as well as in its private event space. The food is vibrant and colourful, full of fresh dishes such as the hearts of palm ceviche with California fruit, vegetables and edible flowers; green hearb tacos filled with roasted squash and king oyster barbacoa; and a savoury coconut cream pie with macadamia crust.
In March 2019, the Folia menu reached Gulf shores, as it was introduced at the Four Seasons Hotel Bahrain Bay, where it is served at the Bay View Lounge. Next, on Tuesday, November 1 – also known as World Vegan Day – it will come to the UAE, to the Four Seasons Resort Dubai at Jumeirah Beach and the Four Seasons DIFC, both properties Prince Khaled has spent "considerable time at and love".
There are also plans to take Folia to several more locations throughout the Middle East and Europe.
While health-conscious diners will be attracted to the concept, Prince Khaled is careful to stress Folia is "not meant for a specific subset of customers. It is meant for everyone who wants a culinary experience without the negative impact that eating out so often comes with."
Company profile
Date started: December 24, 2018
Founders: Omer Gurel, chief executive and co-founder and Edebali Sener, co-founder and chief technology officer
Based: Dubai Media City
Number of employees: 42 (34 in Dubai and a tech team of eight in Ankara, Turkey)
Sector: ConsumerTech and FinTech
Cashflow: Almost $1 million a year
Funding: Series A funding of $2.5m with Series B plans for May 2020
Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
MATCH INFO
Uefa Champions League semi-final, second leg result:
Ajax 2-3 Tottenham
Tottenham advance on away goals rule after tie ends 3-3 on aggregate
Final: June 1, Madrid
WandaVision
Starring: Elizabeth Olsen, Paul Bettany
Directed by: Matt Shakman
Rating: Four stars
Your Guide to the Home
- Level 1 has a valet service if you choose not to park in the basement level. This level houses all the kitchenware, including covetable brand French Bull, along with a wide array of outdoor furnishings, lamps and lighting solutions, textiles like curtains, towels, cushions and bedding, and plenty of other home accessories.
- Level 2 features curated inspiration zones and solutions for bedrooms, living rooms and dining spaces. This is also where you’d go to customise your sofas and beds, and pick and choose from more than a dozen mattress options.
- Level 3 features The Home’s “man cave” set-up and a display of industrial and rustic furnishings. This level also has a mother’s room, a play area for children with staff to watch over the kids, furniture for nurseries and children’s rooms, and the store’s design studio.
Tips to stay safe during hot weather
- Stay hydrated: Drink plenty of fluids, especially water. Avoid alcohol and caffeine, which can increase dehydration.
- Seek cool environments: Use air conditioning, fans, or visit community spaces with climate control.
- Limit outdoor activities: Avoid strenuous activity during peak heat. If outside, seek shade and wear a wide-brimmed hat.
- Dress appropriately: Wear lightweight, loose and light-coloured clothing to facilitate heat loss.
- Check on vulnerable people: Regularly check in on elderly neighbours, young children and those with health conditions.
- Home adaptations: Use blinds or curtains to block sunlight, avoid using ovens or stoves, and ventilate living spaces during cooler hours.
- Recognise heat illness: Learn the signs of heat exhaustion and heat stroke (dizziness, confusion, rapid pulse, nausea), and seek medical attention if symptoms occur.
Sour%20Grapes
%3Cp%3E%3Cstrong%3EAuthor%3A%20%3C%2Fstrong%3EZakaria%20Tamer%3Cbr%3E%3Cstrong%3EPublisher%3A%20%3C%2Fstrong%3ESyracuse%20University%20Press%3Cbr%3E%3Cstrong%3EPages%3A%20%3C%2Fstrong%3E176%3C%2Fp%3E%0A
THE SPECS
Engine: 3-litre V6
Transmission: eight-speed automatic
Power: 424hp
Torque: 580 Nm
Price: From Dh399,000
On sale: Now
Mina Cup winners
Under 12 – Minerva Academy
Under 14 – Unam Pumas
Under 16 – Fursan Hispania
Under 18 – Madenat