On a rainy evening in east London, dozens of young people lined up outside a cramped community hub to collect rice, vegetables and other food essentials.
In the line were foreign students who came to Britain to pursue their dreams of higher education, but have found themselves plunged into pandemic-driven poverty.
"Finding food here is hard - prices are higher compared to India," said Jay Patel, an Indian student among those waiting outside the Newham Community Project, a local charity handing out the food parcels.
The 19-year-old, who is studying at the University of Greenwich in south-east London, said he has been unable to get a part-time job during the health crisis and could not ask his family back in India for money.
The food bank, which conducts the handouts three nights a week, has become a lifeline for Patel and other foreign students facing a similar plight.
"I actually arrived at the wrong time," he added of coming to the UK.
"It's a very difficult situation. Without this support, I guess we would have to start starving."
Britain - which is among the hardest hit countries in Europe from the coronavirus, registering nearly 120,000 deaths and severe economic fallout - is a popular destination for foreign students.
Repeated lockdowns across the country, requiring all hospitality venues and non-essential retail shops to close, have led to millions losing their jobs.
Students, who often work in low-paid roles in restaurants, bars and stores, have struggled in particular.
Despite frigid temperatures and driving rain, the line outside the Newham Community Project remained long throughout the evening until the doors closed at 11pm.
Volunteers have become familiar with some of the regulars, who have been visiting the food bank every week for more than six months.
Inside, they busily pack bags with packets of rice and other essentials, including ingredients to make vegetarian or halal meals.
The grassroots organisation, first formed in 2008 to help the neediest in Newham - one of the more deprived areas of the British capital - began its food distribution efforts during the first lockdown last April, when Ramadan began.
"We started with about 20 food packs a day but slowly, within a couple of weeks, we were getting 800 students," said manager Elyas Ismail.
"We saw the need was enormous, so we've just decided to carry on. And the numbers have just been basically increasing every week."
Mr Ismail estimated he now helps around 2,000 households weekly - including some groups of up to 15 students crowded into single flats, given London's high rental costs.
The majority of foreign students in Britain are non-European, with more than 400,000 coming in 2020, mostly from China and India, according to the Higher Education Statistics Agency.
At the Newham food bank, almost all are from India.
Mr Ismail said they are typically from poor families. Often their parents sold jewellery and other possessions of value to fund their children's relocation to the UK.
Volunteer Aamena Ismail, 21, added that their student visas do not allow them to access any government support.
"It's honestly heartbreaking, they come in hoping for a better life," she said. "The UK government needs to take into account that this policy is just unfair."
Alpef Shaik, 23, is one such student who came to Britain to fulfil the dream of his uneducated parents that he get a better education for himself.
Six months after his arrival to complete a masters course at the University of East London, the pandemic hit and the resulting lockdowns began.
"Things changed very much and it got worse, worse, worse," he said.
Shaik said the costs of living and studying in the UK were now "not worth it".
"I'm paying for a Rolls-Royce and I'm getting an old normal Toyota car," he added.
Mohammed Ahmed, 25, came to London to support his wife, who is studying at the private BPP University, but now also fears their future is in jeopardy.
"Due to this pandemic situation, we can't fulfil our expectations," he said.
"If the situation continues like this, I'll need to go back to my country, because we can't survive."
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The specs
Engine: 3.5-litre twin-turbo V6
Power: 380hp at 5,800rpm
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Transmission: Eight-speed auto
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If you go
Flying
Despite the extreme distance, flying to Fairbanks is relatively simple, requiring just one transfer in Seattle, which can be reached directly from Dubai with Emirates for Dh6,800 return.
Touring
Gondwana Ecotours’ seven-day Polar Bear Adventure starts in Fairbanks in central Alaska before visiting Kaktovik and Utqiarvik on the North Slope. Polar bear viewing is highly likely in Kaktovik, with up to five two-hour boat tours included. Prices start from Dh11,500 per person, with all local flights, meals and accommodation included; gondwanaecotours.com
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Retirement funds heavily invested in equities at a risky time
Pension funds in growing economies in Asia, Latin America and the Middle East have a sharply higher percentage of assets parked in stocks, just at a time when trade tensions threaten to derail markets.
Retirement money managers in 14 geographies now allocate 40 per cent of their assets to equities, an 8 percentage-point climb over the past five years, according to a Mercer survey released last week that canvassed government, corporate and mandatory pension funds with almost $5 trillion in assets under management. That compares with about 25 per cent for pension funds in Europe.
The escalating trade spat between the US and China has heightened fears that stocks are ripe for a downturn. With tensions mounting and outcomes driven more by politics than economics, the S&P 500 Index will be on course for a “full-scale bear market” without Federal Reserve interest-rate cuts, Citigroup’s global macro strategy team said earlier this week.
The increased allocation to equities by growth-market pension funds has come at the expense of fixed-income investments, which declined 11 percentage points over the five years, according to the survey.
Hong Kong funds have the highest exposure to equities at 66 per cent, although that’s been relatively stable over the period. Japan’s equity allocation jumped 13 percentage points while South Korea’s increased 8 percentage points.
The money managers are also directing a higher portion of their funds to assets outside of their home countries. On average, foreign stocks now account for 49 per cent of respondents’ equity investments, 4 percentage points higher than five years ago, while foreign fixed-income exposure climbed 7 percentage points to 23 per cent. Funds in Japan, South Korea, Malaysia and Taiwan are among those seeking greater diversification in stocks and fixed income.
• Bloomberg
Women’s World T20, Asia Qualifier
UAE results
Beat China by 16 runs
Lost to Thailand by 10 wickets
Beat Nepal by five runs
Beat Hong Kong by eight wickets
Beat Malaysia by 34 runs
Standings (P, W, l, NR, points)
1. Thailand 5 4 0 1 9
2. UAE 5 4 1 0 8
3. Nepal 5 2 1 2 6
4. Hong Kong 5 2 2 1 5
5. Malaysia 5 1 4 0 2
6. China 5 0 5 0 0
Final
Thailand v UAE, Monday, 7am
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Infobox
Western Region Asia Cup Qualifier, Al Amerat, Oman
The two finalists advance to the next stage of qualifying, in Malaysia in August
Results
UAE beat Iran by 10 wickets
Kuwait beat Saudi Arabia by eight wickets
Oman beat Bahrain by nine wickets
Qatar beat Maldives by 106 runs
Monday fixtures
UAE v Kuwait, Iran v Saudi Arabia, Oman v Qatar, Maldives v Bahrain
JUDAS AND THE BLACK MESSIAH
Directed by: Shaka King
Starring: Daniel Kaluuya, Lakeith Stanfield, Jesse Plemons
Four stars
Remaining Fixtures
Wednesday: West Indies v Scotland
Thursday: UAE v Zimbabwe
Friday: Afghanistan v Ireland
Sunday: Final