FAO: Conflicts in Middle East Hamstring Efforts to Eradicate Hunger

FAO Assistant Director-General and Regional Representative, Abdessalam Ould Ahmed during the report's launch in Cairo, Egypt (Asharq Al-Awsat)
FAO Assistant Director-General and Regional Representative, Abdessalam Ould Ahmed during the report's launch in Cairo, Egypt (Asharq Al-Awsat)
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FAO: Conflicts in Middle East Hamstring Efforts to Eradicate Hunger

FAO Assistant Director-General and Regional Representative, Abdessalam Ould Ahmed during the report's launch in Cairo, Egypt (Asharq Al-Awsat)
FAO Assistant Director-General and Regional Representative, Abdessalam Ould Ahmed during the report's launch in Cairo, Egypt (Asharq Al-Awsat)

Food and Agriculture Organization (FAO) called for increasing the cooperation and solidarity among the countries of the Near East and North Africa region to eradicate hunger, which affects about 40 million people in the region, according to official figures.

The organization also requested intensifying the efforts to end conflicts and achieve development after food insecurity levels in conflict countries were six times higher than that of more stable countries of the region.

FAO estimates that about 55.2 million people suffer from acute food insecurity in the region, confirming that 10.2 percent of the region's population suffer from malnutrition, while 12 percent suffer from food insecurity.

FAO Assistant Director-General and Regional Representative, Abdessalam Ould Ahmed reiterated importance of establishing resilient and sustainable peace in the region is important for improving the well-being of the population.

Speaking to Asharq Al-Awsat, Ould Ahmed stressed that no country in the region can succeed on its own because the countries are linked, adding that it is necessary to work together to compensate "lost opportunities" in comprehensive development, including food security.

In Cairo, FAO launched its 2017 report "Regional Overview of Food Security and Nutrition in the Near East and North Africa (NENA)" which highlights in particular how an ongoing intensification of violence is opening a wide "hunger gap" between countries being affected by conflicts and those that are not.

The report indicated that in countries directly impacted by conflict, 27.2 percent of all people were chronically hungry, or undernourished, during the 2014-2016 period, which is six times higher than the share of the population that was undernourished in countries not affected by strife.

Meanwhile, "severe food insecurity", one of FAO's metrics to measure hunger, in conflict-affected countries now is double that in non-conflict countries.

In a region largely made up of developing, middle-income countries, chronic hunger typically affects less than 5 percent of their populations. Violence in some of these countries has seen the proportion of chronically hungry people in conflict zones increase to levels comparable with the world's poorest countries.

This will make realistic progress towards eradicating hunger in the region using traditional tools of policy-making difficult, unless decisive steps towards peace and stability are taken, the report cautions.

The report highlights several regional countries being particularly affected by conflict, with profound consequences for people's incomes and food security.

In Syria, violence has provoked a 67 percent reduction in the country's Gross Domestic Product (GDP) and severely undermined food security, as between 70 and 80 percent of Syrians now need humanitarian assistance, while 50 percent require food assistance.

In Iraq, the report stated that violence led to a 58 percent decline in GDP, with 30 percent of the population needing humanitarian assistance while 9 percent requires food assistance.

As for Yemen, the conflict led to a situation where 70 to 80 of the population in need of humanitarian assistance and 50 percent require food assistance.

Whereas in Libya, conflict is undermining food security with 6 percent of the population in need of food assistance, according to the report.

During the launch ceremony, FAO Assistant Director-General Ould Ahmed highlighted the pivotal importance of building resilience and sustaining peace in the Near East and North Africa region to improving peoples' well-being.

He pointed to "the growing need to implement long-term and comprehensive policies and practices to achieve Zero hunger by 2030," adding that "when countries in the region are suffering from an escalation of conflicts, the aim to tackle the region's deepest concerns of malnutrition, water scarcity and climate change becomes more challenging but at the same time more urgent".

Ould Ahmed concluded that only through improved cooperation and solidarity will the region be able to end conflicts and violence and get back to development.

FAO's report establishes a baseline for measuring future progress towards achieving the second goal of the SDG in the MENA region using the latest indicators for the SDG targets on hunger and food insecurity and malnutrition.

The report also identifies how conflict itself encumbers SDG monitoring with UN agencies gathering and assessing information on food security and nutrition status during conflict, but the data are not always complete and can be difficult to compare with peacetime data.

Other than statistics, the report focuses on the fundamental factors that improves food security and malnutrition: poverty reduction, economic growth, improvements in maternal and childhood nutrition and public health, increases in the quantity and quality of food and the cessation of violence.



China to Boost Exports, Imports in 2026, Seeking ‘Sustainable’ Trade, Official Says

A woman walks in Ritan park one day after a heavy snowfall in Beijing on December 13, 2025. (AFP)
A woman walks in Ritan park one day after a heavy snowfall in Beijing on December 13, 2025. (AFP)
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China to Boost Exports, Imports in 2026, Seeking ‘Sustainable’ Trade, Official Says

A woman walks in Ritan park one day after a heavy snowfall in Beijing on December 13, 2025. (AFP)
A woman walks in Ritan park one day after a heavy snowfall in Beijing on December 13, 2025. (AFP)

China plans to expand exports and imports next year as part of efforts to promote "sustainable" trade, a senior economic official said on Saturday, state broadcaster CCTV reported.

The trillion-dollar trade surplus posted by the world's second-largest economy is stirring tensions with Beijing's trade partners and drawing criticism from the International Monetary Fund and other observers who say its production-focused economic growth model is unsustainable.

"We must adhere to opening up, promote win-win cooperation across multiple sectors, expand exports while also increasing imports to drive sustainable development of foreign trade," Han Wenxiu, deputy director of the Central Financial and Economic Affairs Commission, told an economic conference.

China will encourage service exports in 2026, Han said, pledging measures to boost household incomes, raise basic pensions and remove "unreasonable" restrictions in the consumption sector.

He restated the government's call to rein in deflationary price wars, dubbed "involution", where firms engage in excessive, low-return rivalry that erodes profits.

The IMF this week urged Beijing to make the "brave choice" to curb exports and boost consumer demand.

"China is simply too big to generate much (more) growth from exports, and continuing to depend on export-led growth risks furthering global trade tensions," IMF Managing Director Kristalina Georgieva told a press conference on Wednesday.

Economists warn that the entrenched imbalance between production and consumption in the Chinese economy threatens its long-term growth for the sake of maintaining a high short-term pace.

Chinese leaders promised on Thursday to keep a "proactive" fiscal policy next year to spur both consumption and investment, with analysts expecting Beijing to target growth of around 5%.


UK Economy Unexpectedly Shrinks in October

People exit the London Underground station at Bank, outside the Bank of England (L) and the Royal Exchange building (back R) in central London on December 12, 2025. (Photo by HENRY NICHOLLS / AFP)
People exit the London Underground station at Bank, outside the Bank of England (L) and the Royal Exchange building (back R) in central London on December 12, 2025. (Photo by HENRY NICHOLLS / AFP)
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UK Economy Unexpectedly Shrinks in October

People exit the London Underground station at Bank, outside the Bank of England (L) and the Royal Exchange building (back R) in central London on December 12, 2025. (Photo by HENRY NICHOLLS / AFP)
People exit the London Underground station at Bank, outside the Bank of England (L) and the Royal Exchange building (back R) in central London on December 12, 2025. (Photo by HENRY NICHOLLS / AFP)

Britain's economy unexpectedly contracted again in October, official data showed Friday, dealing a blow to the Labour government's hopes of reviving economic growth.

Gross domestic product fell 0.1 percent in October following a contraction of 0.1 percent in September, the Office for National Statistics said in a statement.

Analysts had forecast growth of 0.1 percent.

Manufacturing rebounded in the month as carmaker Jaguar Land Rover resumed operations after a cyberattack that had weighed on the UK economy in September, AFP reported.

But analysts noted that businesses and consumers reined in spending ahead of Britain's highly-expected annual budget.

"Business and consumers were braced for tax hikes and the endless speculation and leaks have once again put a brake on the UK economy," said Lindsay James, investment manager at Quilter.

Prime Minister Keir Starmer's Labour party raised taxes in last month's budget to slash state debt and fund public services.

At the same time, Britain's economic growth was downgraded from next year until the end of 2029, according to data released alongside the budget.

Finance Minister Rachel Reeves raised taxes on businesses in her inaugural budget last year -- a decision widely blamed for causing weak UK economic growth and rising unemployment.

She returned in November with fresh hikes, this time hitting workers.
Analysts said that Friday's data strengthened expectations that the Bank of England would cut interest rates next week.


Gold Hits Seven-week High on Safe-haven Demand; Silver Notches Peak

FILE PHOTO: A goldsmith works on a gold necklace at a workshop in Ahmedabad, India, October 8, 2025. REUTERS/Amit Dave/File Photo
FILE PHOTO: A goldsmith works on a gold necklace at a workshop in Ahmedabad, India, October 8, 2025. REUTERS/Amit Dave/File Photo
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Gold Hits Seven-week High on Safe-haven Demand; Silver Notches Peak

FILE PHOTO: A goldsmith works on a gold necklace at a workshop in Ahmedabad, India, October 8, 2025. REUTERS/Amit Dave/File Photo
FILE PHOTO: A goldsmith works on a gold necklace at a workshop in Ahmedabad, India, October 8, 2025. REUTERS/Amit Dave/File Photo

Gold prices rose to a seven-week high on Friday, bolstered by a soft dollar, expectations of interest rate cuts and safe-haven demand prompted by geopolitical turbulence, while silver hit a record high.

Spot gold rose 0.7% to $4,311.73 per ounce by 0945 GMT, its highest level since October 21, and set for a 2.7% weekly gain, Reuters reported.

US gold futures gained 0.7% to $4,343.50.

The dollar hovered near a two-month low, and was on track for a third straight weekly drop, making bullion more affordable for overseas buyers.

Additionally, "the sharp rise in US weekly jobless claims as well as US-Venezuela tensions are underpinning gold and keeping haven demand strong," said Zain Vawda, analyst at MarketPulse by OANDA.

US jobless claims rose by the most in nearly 4-1/2 years last week, reversing the sharp drop seen in the previous week.

The US Federal Reserve trimmed rates by 25 basis points for the third time this year on Wednesday, but indicated caution on additional cuts.

Investors are currently pricing in two rate cuts next year, and next week's US non-farm payrolls report could provide further clues on the Fed's future policy path.

Non-yielding assets such as gold tend to benefit in low-interest-rate environment.

On the geopolitical front, the US is preparing to intercept more ships transporting Venezuelan oil following the seizure of a tanker this week.

Meanwhile, India saw widening gold discounts this week as demand remained subdued despite the wedding season, while high spot prices also dented demand in China.

Spot silver rose 0.5% to $63.87 per ounce, after hitting a new record high of $64.32/oz, and is headed for a 9.5% weekly gain.

Prices have more than doubled this year, supported by strong industrial demand, dwindling inventories and its inclusion on the US critical minerals list.

"Silver is supported by industrial demand amid fears of shortages, a continued tight market, and the speculative frenzy, mostly from retail investors which has helped drive inflows to Silver ETFs," said Ole Hansen, head of commodity strategy at Saxo Bank.

Elsewhere, platinum was up 0.8% at $1,708.11, while palladium climbed 2.2% to $1,516.95. Both were headed for a weekly rise.