The cost of food in Lebanon has risen dramatically in the past year. EPA
The cost of food in Lebanon has risen dramatically in the past year. EPA
The cost of food in Lebanon has risen dramatically in the past year. EPA
The cost of food in Lebanon has risen dramatically in the past year. EPA

Lebanon declared 'hunger hotspot' by humanitarian organisations


Fatima Al Mahmoud
  • English
  • Arabic

Acute hunger is set to soar in Lebanon amid runaway inflation and currency depreciation, the United Nations said.

Factors like conflict, Covid19, and constrained access to humanitarian aid are key behind the projected rise in acute food insecurity in 20 countries between March and July 2021, a new report by the UN Food and Agriculture Organisation and World Food Programme found.

Declared a hunger “hotspot”, Lebanon is at risk of steep hunger levels following rapid currency depreciation and skyrocketing inflation in the country.

“The capacity of Lebanon to cope with, and reverse, the effects of multiple political and economic shocks since the end of 2019 has been dwindling,” read the report released on Tuesday.

  • An anti-government protester shouts slogans as other demonstrators burn tyres to block the road during a rally against the power cuts, the high cost of living and the low purchasing power of the Lebanese pound, in front of Lebanese Central Bank at Hamra street in Beirut, Lebanon. EPA
    An anti-government protester shouts slogans as other demonstrators burn tyres to block the road during a rally against the power cuts, the high cost of living and the low purchasing power of the Lebanese pound, in front of Lebanese Central Bank at Hamra street in Beirut, Lebanon. EPA
  • Riot police stands guard in front of Lebanese Central Bank during a rally against the power cuts, the high cost of living and the low purchasing power of the Lebanese pound, at Hamra street in Beirut. EPA
    Riot police stands guard in front of Lebanese Central Bank during a rally against the power cuts, the high cost of living and the low purchasing power of the Lebanese pound, at Hamra street in Beirut. EPA
  • Riot police stands guard in front of Lebanese Central Bank during a rally against the power cuts, the high cost of living and the low purchasing power of the Lebanese pound, at Hamra street in Beirut. EPA
    Riot police stands guard in front of Lebanese Central Bank during a rally against the power cuts, the high cost of living and the low purchasing power of the Lebanese pound, at Hamra street in Beirut. EPA
  • Anti-government protesters burn tyres and rubbish bins to block the road during a rally against the power cuts, the high cost of living and the low purchasing power of the Lebanese pound, in front of Lebanese Central Bank at Hamra street in Beirut. EPA
    Anti-government protesters burn tyres and rubbish bins to block the road during a rally against the power cuts, the high cost of living and the low purchasing power of the Lebanese pound, in front of Lebanese Central Bank at Hamra street in Beirut. EPA
  • Anti-government protesters burn tyres and rubbish bins to block the main road leading to Hamra street during a rally against the power cuts the high cost of living and the low purchasing power of the Lebanese pound, in Beirut. EPA
    Anti-government protesters burn tyres and rubbish bins to block the main road leading to Hamra street during a rally against the power cuts the high cost of living and the low purchasing power of the Lebanese pound, in Beirut. EPA
  • Riot police stands guard in front of Lebanese Central Bank during a rally against the power cuts, the high cost of living and the low purchasing power of the Lebanese pound, at Hamra street in Beirut. EPA
    Riot police stands guard in front of Lebanese Central Bank during a rally against the power cuts, the high cost of living and the low purchasing power of the Lebanese pound, at Hamra street in Beirut. EPA
  • Riot police stands guard in front of Lebanese Central Bank during a rally against the power cuts, the high cost of living and the low purchasing power of the Lebanese pound, at Hamra street in Beirut. EPA
    Riot police stands guard in front of Lebanese Central Bank during a rally against the power cuts, the high cost of living and the low purchasing power of the Lebanese pound, at Hamra street in Beirut. EPA

The deterioration of food security in Lebanon has been prompted by one of the worst economic crises in its history.

Over the past year, the Lebanese pound lost more than 85 per cent of its value at the market exchange rate. Although officially pegged at 1,500 pounds to the US dollar, the currency has reached a record 15,000 pounds on the parallel market. This has eroded people’s ability to access basic goods, including food, shelter, and healthcare.

The enforcement of nationwide Covid-19 measures in Lebanon without providing a safety net for the poor has further worsened the crisis.

More than half of the Lebanese population is trapped in poverty and struggling for necessities, according to the United Nations Economic and Social Commission for West Asia.

The monthly minimum wage shrunk from $450 to less than $50 in recent weeks, leaving residents with insufficient wages to cover rising living costs.

According to the ‘Hunger Hotspots’ report, Lebanon witnessed a 146-per cent year-on-year increase of the inflation rate, with food inflation recorded at a staggering 402 per cent.

Under the weight of Lebanon’s compounding crises, vulnerable groups were left to weather the storm on their own.

Marwan Al Houssami, a middle-aged Lebanese public taxi driver, told The National that the crisis has taken a massive toll on him and his family.

With three mouths to feed at home, Mr Al Houssami relies on a daily income that is often interrupted during lockdown.

“I didn’t work for more than a month during lockdown, I couldn’t bring any money home,” he said. “If it wasn’t for good people pitching in to help us, my family and I would have starved.”

Political deadlock has stalled the formation of a Lebanese government needed to implement political, social, and financial reforms that would unlock millions of dollars in international aid.

Lebanon has been without a functioning government for seven months when Prime Minister Hassan Diab resigned on August 10, following the August 4 Beirut port explosion.

Prime Minister designate Saad Hariri was elected back into power on October 22nd and has yet to form a government that would begin to resolve Lebanon’s hardships.

“Time is our worst enemy. Every passing day counts against Lebanon’s residents,” said Mohammad Ibrahim Fheili, risk strategist and capacity building expert.

In the absence of an effective government and urgent structural reforms, poverty and misery are all expected to rise.

"Political parties are adding to people's misery," Mr. Fheli told The National. "We need change now."

All you need to know about Formula E in Saudi Arabia

What The Saudia Ad Diriyah E-Prix

When Saturday

Where Diriyah in Saudi Arabia

What time Qualifying takes place from 11.50am UAE time through until the Super Pole session, which is due to end at 12.55pm. The race, which will last for 45 minutes, starts at 4.05pm.

Who is competing There are 22 drivers, from 11 teams, on the grid, with each vehicle run solely on electronic power.

Salah in numbers

€39 million: Liverpool agreed a fee, including add-ons, in the region of 39m (nearly Dh176m) to sign Salah from Roma last year. The exchange rate at the time meant that cost the Reds £34.3m - a bargain given his performances since.

13: The 25-year-old player was not a complete stranger to the Premier League when he arrived at Liverpool this summer. However, during his previous stint at Chelsea, he made just 13 Premier League appearances, seven of which were off the bench, and scored only twice.

57: It was in the 57th minute of his Liverpool bow when Salah opened his account for the Reds in the 3-3 draw with Watford back in August. The Egyptian prodded the ball over the line from close range after latching onto Roberto Firmino's attempted lob.

7: Salah's best scoring streak of the season occurred between an FA Cup tie against West Brom on January 27 and a Premier League win over Newcastle on March 3. He scored for seven games running in all competitions and struck twice against Tottenham.

3: This season Salah became the first player in Premier League history to win the player of the month award three times during a term. He was voted as the division's best player in November, February and March.

40: Salah joined Roger Hunt and Ian Rush as the only players in Liverpool's history to have scored 40 times in a single season when he headed home against Bournemouth at Anfield earlier this month.

30: The goal against Bournemouth ensured the Egyptian achieved another milestone in becoming the first African player to score 30 times across one Premier League campaign.

8: As well as his fine form in England, Salah has also scored eight times in the tournament phase of this season's Champions League. Only Real Madrid's Cristiano Ronaldo, with 15 to his credit, has found the net more often in the group stages and knockout rounds of Europe's premier club competition.

Tips for newlyweds to better manage finances

All couples are unique and have to create a financial blueprint that is most suitable for their relationship, says Vijay Valecha, chief investment officer at Century Financial. He offers his top five tips for couples to better manage their finances.

Discuss your assets and debts: When married, it’s important to understand each other’s personal financial situation. It’s necessary to know upfront what each party brings to the table, as debts and assets affect spending habits and joint loan qualifications. Discussing all aspects of their finances as a couple prevents anyone from being blindsided later.

Decide on the financial/saving goals: Spouses should independently list their top goals and share their lists with one another to shape a joint plan. Writing down clear goals will help them determine how much to save each month, how much to put aside for short-term goals, and how they will reach their long-term financial goals.

Set a budget: A budget can keep the couple be mindful of their income and expenses. With a monthly budget, couples will know exactly how much they can spend in a category each month, how much they have to work with and what spending areas need to be evaluated.

Decide who manages what: When it comes to handling finances, it’s a good idea to decide who manages what. For example, one person might take on the day-to-day bills, while the other tackles long-term investments and retirement plans.

Money date nights: Talking about money should be a healthy, ongoing conversation and couples should not wait for something to go wrong. They should set time aside every month to talk about future financial decisions and see the progress they’ve made together towards accomplishing their goals.

Winners

Ballon d’Or (Men’s)
Ousmane Dembélé (Paris Saint-Germain / France)

Ballon d’Or Féminin (Women’s)
Aitana Bonmatí (Barcelona / Spain)

Kopa Trophy (Best player under 21 – Men’s)
Lamine Yamal (Barcelona / Spain)

Best Young Women’s Player
Vicky López (Barcelona / Spain)

Yashin Trophy (Best Goalkeeper – Men’s)
Gianluigi Donnarumma (Paris Saint-Germain and Manchester City / Italy)

Best Women’s Goalkeeper
Hannah Hampton (England / Aston Villa and Chelsea)

Men’s Coach of the Year
Luis Enrique (Paris Saint-Germain)

Women’s Coach of the Year
Sarina Wiegman (England)

UAE currency: the story behind the money in your pockets
Getting%20there%20and%20where%20to%20stay
%3Cp%3EFly%20with%20Etihad%20Airways%20from%20Abu%20Dhabi%20to%20New%20York%E2%80%99s%20JFK.%20There's%2011%20flights%20a%20week%20and%20economy%20fares%20start%20at%20around%20Dh5%2C000.%3Cbr%3EStay%20at%20The%20Mark%20Hotel%20on%20the%20city%E2%80%99s%20Upper%20East%20Side.%20Overnight%20stays%20start%20from%20%241395%20per%20night.%3Cbr%3EVisit%20NYC%20Go%2C%20the%20official%20destination%20resource%20for%20New%20York%20City%20for%20all%20the%20latest%20events%2C%20activites%20and%20openings.%3Cbr%3E%3C%2Fp%3E%0A
Election pledges on migration

CDU: "Now is the time to control the German borders and enforce strict border rejections" 

SPD: "Border closures and blanket rejections at internal borders contradict the spirit of a common area of freedom" 

How Islam's view of posthumous transplant surgery changed

Transplants from the deceased have been carried out in hospitals across the globe for decades, but in some countries in the Middle East, including the UAE, the practise was banned until relatively recently.

Opinion has been divided as to whether organ donations from a deceased person is permissible in Islam.

The body is viewed as sacred, during and after death, thus prohibiting cremation and tattoos.

One school of thought viewed the removal of organs after death as equally impermissible.

That view has largely changed, and among scholars and indeed many in society, to be seen as permissible to save another life.

The five pillars of Islam

1. Fasting 

2. Prayer 

3. Hajj 

4. Shahada 

5. Zakat 

Race results:

1. Thani Al Qemzi (UAE) Team Abu Dhabi: 46.44 min

2. Peter Morin (FRA) CTIC F1 Shenzhen China Team: 0.91sec

3. Sami Selio (FIN) Mad-Croc Baba Racing Team: 31.43sec

Founders: Abdulmajeed Alsukhan, Turki Bin Zarah and Abdulmohsen Albabtain.

Based: Riyadh

Offices: UAE, Vietnam and Germany

Founded: September, 2020

Number of employees: 70

Sector: FinTech, online payment solutions

Funding to date: $116m in two funding rounds  

Investors: Checkout.com, Impact46, Vision Ventures, Wealth Well, Seedra, Khwarizmi, Hala Ventures, Nama Ventures and family offices

EMERGENCY PHONE NUMBERS

Estijaba – 8001717 –  number to call to request coronavirus testing

Ministry of Health and Prevention – 80011111

Dubai Health Authority – 800342 – The number to book a free video or voice consultation with a doctor or connect to a local health centre

Emirates airline – 600555555

Etihad Airways – 600555666

Ambulance – 998

Knowledge and Human Development Authority – 8005432 ext. 4 for Covid-19 queries

Book%20Details
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Company%20profile
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Living in...

This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home. 

Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

How Alia's experiment will help humans get to Mars

Alia’s winning experiment examined how genes might change under the stresses caused by being in space, such as cosmic radiation and microgravity.

Her samples were placed in a machine on board the International Space Station. called a miniPCR thermal cycler, which can copy DNA multiple times.

After the samples were examined on return to Earth, scientists were able to successfully detect changes caused by being in space in the way DNA transmits instructions through proteins and other molecules in living organisms.

Although Alia’s samples were taken from nematode worms, the results have much bigger long term applications, especially for human space flight and long term missions, such as to Mars.

It also means that the first DNA experiments using human genomes can now be carried out on the ISS.

 

The Settlers

Director: Louis Theroux

Starring: Daniella Weiss, Ari Abramowitz

Rating: 5/5

The five pillars of Islam
Sreesanth's India bowling career

Tests 27, Wickets 87, Average 37.59, Best 5-40

ODIs 53, Wickets 75, Average 33.44, Best 6-55

T20Is 10, Wickets 7, Average 41.14, Best 2-12

Key developments in maritime dispute

2000: Israel withdraws from Lebanon after nearly 30 years without an officially demarcated border. The UN establishes the Blue Line to act as the frontier. 

2007: Lebanon and Cyprus define their respective exclusive economic zones to facilitate oil and gas exploration. Israel uses this to define its EEZ with Cyprus

2011: Lebanon disputes Israeli-proposed line and submits documents to UN showing different EEZ. Cyprus offers to mediate without much progress.

2018: Lebanon signs first offshore oil and gas licencing deal with consortium of France’s Total, Italy’s Eni and Russia’s Novatek.

2018-2019: US seeks to mediate between Israel and Lebanon to prevent clashes over oil and gas resources.

The specs

Engine: 4 liquid-cooled permanent magnet synchronous electric motors placed at each wheel

Battery: Rimac 120kWh Lithium Nickel Manganese Cobalt Oxide (LiNiMnCoO2) chemistry

Power: 1877bhp

Torque: 2300Nm

Price: Dh7,500,00

On sale: Now

 

Ahmed Raza

UAE cricket captain

Age: 31

Born: Sharjah

Role: Left-arm spinner

One-day internationals: 31 matches, 35 wickets, average 31.4, economy rate 3.95

T20 internationals: 41 matches, 29 wickets, average 30.3, economy rate 6.28