More than 3,500 people have been killed in Lebanon since last October, with Israel intensifying its attacks since September, launching a ground invasion into the country and an air strike campaign that has caused much destruction. Its bombings have become more unpredictable in scale and location, forcing masses to flee their homes.
More than 1.2 million people have been displaced since Israel escalated its war. Several hundred thousand, many of them already refugees, have fled across the border to Syria despite the risks they face there.
The spillover war from Gaza is wreaking havoc on a population that had already been grappling with years of economic and political turmoil. The Lebanese state’s resources are far too strained to cope with the scale of displacement and there are not nearly enough organised shelters. For vulnerable minorities in the country, including Syrian refugees and migrant workers, the conditions are even more challenging.
Israel says it is attacking Hezbollah, but its campaign has provoked widespread international condemnation because of the high civilian toll. This week, US envoy Amos Hochstein is in the Middle East in an attempt to broker a ceasefire deal between Israel and Hezbollah. That cannot come soon enough for the hundreds of thousands of displaced people. But what would those who have lost their homes and their livelihoods return to?
This week on Beyond the Headlines, host Nada AlTaher looks at the deepening displacement crisis in Lebanon and its impact on the future of the country and its people. She speaks to the head of the International Organisation for Migration in Lebanon, Mathieu Luciano, and Prof Mona Fawaz from the American University of Beirut.
Desert Warrior
Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley
Director: Rupert Wyatt
Rating: 3/5
liverpool youngsters
Ki-Jana Hoever
The only one of this squad to have scored for Liverpool, the versatile Dutchman impressed on his debut at Wolves in January. He can play right-back, centre-back or in midfield.
Herbie Kane
Not the most prominent H Kane in English football but a 21-year-old Bristolian who had a fine season on loan at Doncaster last year. He is an all-action midfielder.
Luis Longstaff
Signed from Newcastle but no relation to United’s brothers Sean and Matty, Luis is a winger. An England Under-16 international, he helped Liverpool win the FA Youth Cup last season.
Yasser Larouci
An 18-year-old Algerian-born winger who can also play as a left-back, Larouci did well on Liverpool’s pre-season tour until an awful tackle by a Sevilla player injured him.
Adam Lewis
Steven Gerrard is a fan of his fellow Scouser, who has been on Liverpool’s books since he was in the Under-6s, Lewis was a midfielder, but has been converted into a left-back.
UPI facts
More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions
The struggle is on for active managers
David Einhorn closed out 2018 with his biggest annual loss ever for the 22-year-old Greenlight Capital.
The firm’s main hedge fund fell 9 per cent in December, extending this year’s decline to 34 percent, according to an investor update viewed by Bloomberg.
Greenlight posted some of the industry’s best returns in its early years, but has stumbled since losing more than 20 per cent in 2015.
Other value-investing managers have also struggled, as a decade of historically low interest rates and the rise of passive investing and quant trading pushed growth stocks past their inexpensive brethren. Three Bays Capital and SPO Partners & Co., which sought to make wagers on undervalued stocks, closed in 2018. Mr Einhorn has repeatedly expressed his frustration with the poor performance this year, while remaining steadfast in his commitment to value investing.
Greenlight, which posted gains only in May and October, underperformed both the broader market and its peers in 2018. The S&P 500 Index dropped 4.4 per cent, including dividends, while the HFRX Global Hedge Fund Index, an early indicator of industry performance, fell 7 per cent through December. 28.
At the start of the year, Greenlight managed $6.3 billion in assets, according to a regulatory filing. By May, the firm was down to $5.5bn.
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Film: Raid
Dir: Rajkumar Gupta
Starring: Ajay Devgn, Ileana D'cruz and Saurabh Shukla
Verdict: Three stars