Poverty in Lebanon tripled over a decade, World Bank says

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A protesting depositor carries a placard at a protest near Parliament in downtown Beirut on May 9, 2023. (AP/File)
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A protester depositor shows her mobile phone that she films with during a protest outside a Bank Audi branch in downtown Beirut on May 9, 2023. (AP/File)
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Updated 23 May 2024
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Poverty in Lebanon tripled over a decade, World Bank says

  • The findings showed stark differences in poverty levels between different areas of the country
  • Among Lebanese surveyed, the poverty rate in 2022 was 33 percent, while among Syrians it reached 87 percent

BEIRUT: Poverty in Lebanon tripled over the course of a decade during which the small Mediterranean country slid into a protracted financial crisis, the World Bank said Thursday.
The percentage of people in Lebanon living below the poverty line rose from 12 percent in 2012 to 44 percent in 2022, the bank said in a report based on surveys conducted in five of the country’s eight governorates.
The data provided the most detailed snapshot to date on the economic circumstances of the country’s population since the crisis that began in late 2019, although World Bank officials acknowledged it was incomplete as surveyors were not given access to three governates in the south and east of the country.
The findings showed stark differences in poverty levels between different areas of the country and between Lebanese citizens and the country’s large population of Syrian refugees.
In the Beirut governate, in contrast to the rest of the country, poverty actually declined from 4 percent to 2 percent of the population during the decade surveyed, while in the largely neglected Akkar region in the north, the rate increased from 22 percent to 62 percent.
Among Lebanese surveyed, the poverty rate in 2022 was 33 percent, while among Syrians it reached 87 percent. While the survey found an increase in the percentage of Lebanese citizens working in unskilled jobs like agriculture and construction, it found that most Lebanese still work in skilled jobs while the majority of Syrians do unskilled labor.
The report also measured “multidimensional poverty,” which takes into account access to services like electricity and education as well as income, finding that some 73 percent of Lebanese and 100 percent of non-Lebanese residents of the country qualify as poor under this metric.
Beginning in late 2019, Lebanon’s currency collapsed, while inflation skyrocketed and the country’s GDP plummeted. Many Lebanese found that the value of their life savings had evaporated.
Initially, many saw an International Monetary Fund bailout as the only path out of the crisis, but since reaching a preliminary agreement with the IMF in 2022, Lebanese officials have made limited progress on reforms required to clinch the deal, including restructuring the ailing banking sector.
An IMF delegation visiting Beirut this week found that “some progress has been made on monetary and fiscal reforms,” the international financial institution said in a statement, including on “lowering inflation and stabilizing the exchange rate,” but it added that the measures “fall short of what is needed to enable a recovery from the crisis.”
It noted that reforms to “governance, transparency and accountability” remain “limited” and that without an overhaul of the banking sector, the “cash and informal economy will continue to grow, raising significant regulatory and supervisory concerns.”
The World Bank has estimated that the cash economy makes up 46 percent of the country’s GDP, as Lebanese distrustful of banks in the wake of the crisis have sought to deal in hard currency.
The flourishing cash economy has created fertile ground for money laundering and led to concerns that Lebanon could be placed on the Paris-based watchdog Financial Action Task Force’s “grey list” of countries with a high risk of money laundering and terrorism financing.


Palestinian Authority at risk of collapse, Norway says

Updated 54 min 17 sec ago
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Palestinian Authority at risk of collapse, Norway says

  • Norway chairs the international donor group to the Palestinians and is a backer of the Palestinian Authority

OSLO: The Palestinian Authority could collapse in the coming months, Norwegian Foreign Minister Espen Barth Eide said on Monday, citing a lack of funding, continuing violence and the fact that half a million Palestinians are not allowed to work in Israel.
“The Palestinian Authority, with whom we work closely, are warning us that they might be collapsing this summer,” Barth Eide said.
Norway chairs the international donor group to the Palestinians and is a backer of the PA.


Jordan braces for scorching heatwave as temperatures soar

Updated 17 June 2024
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Jordan braces for scorching heatwave as temperatures soar

  • The Gulf of Aqaba reached highs of 45 celsius
  • Temperatures in Jordan are set to rise slightly, with the heatwave persisting

AMMAN: The Jordan Meteorological Department forecast extreme heat for Monday, with most regions of the country — particularly the desert areas, Jordan Valley, Dead Sea and Aqaba — experiencing intense temperatures.

The Gulf of Aqaba reached highs of 45 celsius, the Southern Jordan Valley 44 celsius, Dead Sea 43 celsius, while the Desert Regions and the Northern Jordan Valley reached highs of 41 celsius. 

Cloud cover at medium and high altitudes is expected in the south and east of the Kingdom, state news agency Petra reported, with moderate northwesterly winds occasionally becoming brisk.

The JMD cautioned people against prolonged sun exposure, which could lead to dehydration, especially for vulnerable groups such as the elderly and those with health conditions. It also highlighted the risk of forest fires and the dangers of leaving children or flammable items, like perfumes and sanitizers, inside vehicles.

Looking ahead to Tuesday, temperatures in Jordan are set to rise slightly, with the heatwave persisting. Most areas will remain hot, the JMD said, and desert regions will face sweltering conditions. Northeasterly winds will prevail, shifting to moderate northwesterly by evening.

The heatwave will continue into Wednesday, with another slight increase in temperatures. Conditions will be blistering and dry across the highlands, the JMD warned, with extreme heat persisting elsewhere. Northeasterly winds will turn to moderate northwesterly later in the day.

Thursday will bring a modest reprieve as temperatures dip slightly. However, the weather will remain hot across most areas, with the desert, Jordan Valley, Dead Sea, and Aqaba continuing to sizzle. Moderate northwesterly winds will occasionally become brisk.


Iran calls for joint action by Islamic nations to stop Gaza war

Updated 17 June 2024
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Iran calls for joint action by Islamic nations to stop Gaza war

  • Israel’s military offensive on Gaza has killed at least 37,337 people so far

TEHRAN: Iran’s Acting Foreign Minister Ali Bagheri Kani has called for joint action on the part of Islamic countries to pressure Israel into ending its brutal military activities in Gaza, which have devastated most of the enclave and killed thousands of Palestinians there.

Israel’s military offensive on Gaza has killed at least 37,337 people, mostly civilian women and children, since the Oct. 7 Hamas attack, according to the Hamas-run Health Ministry in Gaza.

Humanitarian supplies for millions of Palestinians displaced by the conflict have been squeezed despite the Israeli military declaring it would “pause” fighting daily around a southern route to facilitate aid flows.

The Iranian official also spoke with his Afghan counterpart Amir Khan Muttaqi via telephone on Sunday, with the two discussing bilateral relations as well as the situation in war-ravaged Gaza.

Kani reiterated Iran’s readiness to help Kabul resolve its challenges and achieve growth, Iran’s news agency IRNA reported.


Kuwaiti citizen detained for alleged involvement in extremist group

Updated 17 June 2024
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Kuwaiti citizen detained for alleged involvement in extremist group

KUWAIT CITY: The Public Prosecution in Kuwait has ordered the detention of a citizen on charges of joining a group aimed at illegally undermining the country’s basic systems, state news agency KUNA reported on Sunday.

The individual is also accused of receiving training in making explosives and preparing poisons for illicit purposes, as well as planning to leave the country to fight with the group, though he was unable to do so.

The Public Prosecution interrogated the accused and presented him with the charges, according to a statement released on its official account on X. Investigation procedures are ongoing.


Yemen’s Houthis announce new maritime operations in support of Gaza

Updated 17 June 2024
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Yemen’s Houthis announce new maritime operations in support of Gaza

  • The Houthis declared that attacks on Israel-linked shipping will persist until Israel ends its war on Gaza and lifts the siege on Palestinian territories

SANAA: The Houthi militia’s army spokesman, Yahya Saree, announced on Sunday that an American destroyer and two Israel-linked ships were targeted in recent operations in the Red and Arabian seas.

Saree said that the US destroyer was hit by ballistic missiles in the Red Sea, while the two ships — Captain Paris and Happy Condor — were targeted in the Arabian Sea using naval missiles and drones, respectively.

He stated that these ships were targeted because they were en route to ports in Israeli-occupied territories.

Saree reaffirmed Yemen’s stance, declaring that attacks on Israel-linked shipping will persist until Israel ends its war on Gaza and lifts the siege on Palestinian territories.

He also emphasized that the Yemeni army would continue to defend its territory against US-UK “aggression,” referring to joint airstrikes by the two Western nations, which the latter claim were launched to protect international shipping.

The Houthis have rejected these claims, asserting that their military operations in international waters, ongoing since mid-November, only target Israeli ships or vessels heading to Israeli-occupied ports.