A farmer and his wife harvest their olive trees in Marjayoun, near the border with Israel in southern Lebanon. Reuters
A farmer and his wife harvest their olive trees in Marjayoun, near the border with Israel in southern Lebanon. Reuters
A farmer and his wife harvest their olive trees in Marjayoun, near the border with Israel in southern Lebanon. Reuters
A farmer and his wife harvest their olive trees in Marjayoun, near the border with Israel in southern Lebanon. Reuters

South Lebanon farmers fear grim harvest if war breaks out


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“The biggest risk is that what happened in 2006 will occur again,” says Merhej Shamaa, a farmer in the picturesque south Lebanon village of Deir Mimas, nestled on a promontory surrounded by olive fields overlooking the Litani River.

That war between Israel and Hezbollah, the powerful Lebanese Shia militia whose exchanges of fire with the Israeli military have raised fears of a new conflict, caused significant damage to the village, injuring one resident and injuring several others, Mr Shamaa said.

The 60-year-old farmer said that despite being a Christian village, Deir Mimas was shelled heavily by the Israeli army.

“The bombings also severely affected the quality of our crops until now,” he said.

With the sound of bombs heard once again after Hamas, a Palestinian militant group and Hezbollah ally, carried out a deadly attack in southern Israel on October 7, residents of Deir Mimas are keenly aware that further escalation would be disastrous.

“Our economy hinges on tourism and agriculture, with a war, both will vanish,” Mr Shamaa said.

Sitting at a table, Mr Shamaa and his fellow farmers discuss the looming spectre of war over a dish of hummus and freshly pressed olive oil, the distant hum of Israeli planes in the background.

“In 2006, the whole village had to leave: this idea that Israeli bombs only target Shia villages is a misconception. Israel is against all Lebanese, regardless of their religion,” he said.

Villages in the deep south have, for the most part, become deserted as families escape the daily clashes. “Only journalists visit nowadays,” Mr Shamaa said with a smile.

Deir Mimas has remained untouched so far, allowing olive farmers like Michel Beshara, 27, to continue with their harvest even in the face of nearby shelling.

A dozen Syrian workers, mostly young men and women, use manual or electric olive rakes to shake the fruit from branches of the trees in his field.

“The main issue right now revolves around finding workers, who are predominantly Syrians,” Mr Beshara said.

Deir Mimas's farmers needed 400 workers for the olive harvest last year, he said, but this year some of them had left the conflict-affected border areas, “making it challenging for some farmers to find replacement”.

Asked whether he had a backup plan in case of escalation, Mr Beshara simply said: “For now I'm staying, I will leave with the workers if things get worse”.

Emergency plan

Mohamad Hussein, the head of the farmers' union for south Lebanon, said there had been no help from the government to cope with the situation.

“There is no official emergency plan in place for Lebanese farmers, leaving them to make individual decisions,” he said. “The government is always reactive rather than proactive when it comes to responding to emergency.”

Agriculture is crucial to the economy in southern Lebanon, where a significant portion of the population is engaged in farming. The crops affected by the continuing clashes so far are olives, of which the region accounts for 20 to 30 per cent of national production, and tobacco, said Mr Hussein.

“At present, the challenge is that some farmers are worried to approach areas frequently bombed to collect their crops.”

Other crops cultivated primarily in coastal areas of the south, such as bananas, citrus and exotic fruits, have not been affected, added Mr Hussein.

“However, in the event of a war, farmers might also encounter difficulties for the current season regarding these crops,” he said.

Mr Hussein said that about 90 per cent of banana production, 70 per cent of lemon production and 80 per cent of avocado production was concentrated in the south, between the coastal cities of Saida and Naqoura.

“A war could potentially lead to shortages,” he said.

The primary challenge in the event of a conflict would be the transportation of produce, he said, based on the experience of 2006 conflict when road infrastructure was systematically targeted and destroyed by Israeli raids.

“Of course, we are concerned, especially with a neighbour like this,” Mr Hussein said.

“Lebanese farmers are essentially left to fend for themselves. In 2006, they had to absorb their losses alone, as no one came to their assistance.”

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Who is Mohammed Al Halbousi?

The new speaker of Iraq’s parliament Mohammed Al Halbousi is the youngest person ever to serve in the role.

The 37-year-old was born in Al Garmah in Anbar and studied civil engineering in Baghdad before going into business. His development company Al Hadeed undertook reconstruction contracts rebuilding parts of Fallujah’s infrastructure.

He entered parliament in 2014 and served as a member of the human rights and finance committees until 2017. In August last year he was appointed governor of Anbar, a role in which he has struggled to secure funding to provide services in the war-damaged province and to secure the withdrawal of Shia militias. He relinquished the post when he was sworn in as a member of parliament on September 3.

He is a member of the Al Hal Sunni-based political party and the Sunni-led Coalition of Iraqi Forces, which is Iraq’s largest Sunni alliance with 37 seats from the May 12 election.

He maintains good relations with former Prime Minister Nouri Al Maliki’s State of Law Coaliton, Hadi Al Amiri’s Badr Organisation and Iranian officials.

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Director: Jesse Armstrong

Rating: 3.5/5

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Red Bull Salzburg (AUT) v Bayern Munich (GER) 

Sporting Lisbon (POR) v Manchester City (ENG) 

Benfica (POR) v Ajax (NED) 

Chelsea (ENG) v Lille (FRA) 

Atletico Madrid (ESP) v Manchester United (ENG) 

Villarreal (ESP) v Juventus (ITA) 

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Paris Saint-Germain v Real Madrid (ESP)  

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Starring: Saja Kilani, Clara Khoury, Motaz Malhees

Director: Kaouther Ben Hania

Rating: 4/5

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.”

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What is Reform?

Reform is a right-wing, populist party led by Nigel Farage, a former MEP who won a seat in the House of Commons last year at his eighth attempt and a prominent figure in the campaign for the UK to leave the European Union.

It was founded in 2018 and originally called the Brexit Party.

Many of its members previously belonged to UKIP or the mainstream Conservatives.

After Brexit took place, the party focused on the reformation of British democracy.

Former Tory deputy chairman Lee Anderson became its first MP after defecting in March 2024.

The party gained support from Elon Musk, and had hoped the tech billionaire would make a £100m donation. However, Mr Musk changed his mind and called for Mr Farage to step down as leader in a row involving the US tycoon's support for far-right figurehead Tommy Robinson who is in prison for contempt of court.

Disability on screen

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Rosewood and Transparent — heart issues

24: Legacy — PTSD;

Superstore and NCIS: New Orleans — wheelchair-bound

Taken and This Is Us — cancer

Trial & Error — cognitive disorder prosopagnosia (facial blindness and dyslexia)

Grey’s Anatomy — prosthetic leg

Scorpion — obsessive compulsive disorder and anxiety

Switched at Birth — deafness

One Mississippi, Wentworth and Transparent — double mastectomy

Dragons — double amputee

Company profile

Name: Thndr

Started: October 2020

Founders: Ahmad Hammouda and Seif Amr

Based: Cairo, Egypt

Sector: FinTech

Initial investment: pre-seed of $800,000

Funding stage: series A; $20 million

Investors: Tiger Global, Beco Capital, Prosus Ventures, Y Combinator, Global Ventures, Abdul Latif Jameel, Endure Capital, 4DX Ventures, Plus VC,  Rabacap and MSA Capital

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Director: Jon M Chu
Stars: Cynthia Erivo, Ariana Grande, Jonathan Bailey
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Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor

Power: 464hp at 5,200rpm

Torque: 790Nm from 2,000-3,600rpm

Transmission: 10-speed auto

Fuel consumption: 11.7L/100km

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Tuesday's fixtures
Group A
Kyrgyzstan v Qatar, 5.45pm
Iran v Uzbekistan, 8pm
N Korea v UAE, 10.15pm
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Uefa Champions League semi-final, first leg
Bayern Munich v Real Madrid

When: April 25, 10.45pm kick-off (UAE)
Where: Allianz Arena, Munich
Live: BeIN Sports HD
Second leg: May 1, Santiago Bernabeu, Madrid

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1st ODI, UAE win by 6 wickets

2nd ODI, January 12

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Profile of RentSher

Started: October 2015 in India, November 2016 in UAE

Founders: Harsh Dhand; Vaibhav and Purvashi Doshi

Based: Bangalore, India and Dubai, UAE

Sector: Online rental marketplace

Size: 40 employees

Investment: $2 million

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Conservative MPs who have publicly revealed sending letters of no confidence
  1. Steve Baker
  2. Peter Bone
  3. Ben Bradley
  4. Andrew Bridgen
  5. Maria Caulfield​​​​​​​
  6. Simon Clarke 
  7. Philip Davies
  8. Nadine Dorries​​​​​​​
  9. James Duddridge​​​​​​​
  10. Mark Francois 
  11. Chris Green
  12. Adam Holloway
  13. Andrea Jenkyns
  14. Anne-Marie Morris
  15. Sheryll Murray
  16. Jacob Rees-Mogg
  17. Laurence Robertson
  18. Lee Rowley
  19. Henry Smith
  20. Martin Vickers 
  21. John Whittingdale
Updated: October 22, 2023, 12:03 PM