Lebanon’s 1st Coronavirus Case Part of Social Media Jokes, Sectarian Tension

General view of Beirut. AFP file photo
General view of Beirut. AFP file photo
TT

Lebanon’s 1st Coronavirus Case Part of Social Media Jokes, Sectarian Tension

General view of Beirut. AFP file photo
General view of Beirut. AFP file photo

Only a few hours had passed since the announcement of the first case of coronavirus in Lebanon until masks disappeared from pharmacies and appeared on the black market, with some information indicating that they were exported to China.

This led to the Minister of Economy issuing a decision prohibiting the export of medical equipment, tools and personal protection items against contagious diseases, including gloves, face masks and ventilators.

One pharmacist reported that he sold more than 300 face masks within an hour of the first case being announced. He also claimed that “an atmosphere of insanity took over. People rushed to buy masks with most of them not even needing them”.

He indicated that “a face mask did not cost more than 250 Lebanese Pounds (a few US cents) the morning the first case was announced, reaching four dollars in the evening, other than advertising special face masks the price of which jumped from 3 to 30 dollars”.

The virus made its way to Lebanon’s political and sectarian tension through social media after the COVID-19 virus was found in a 45-year-old Lebanese woman who had traveled from Qom in Iran.

Lebanon’s political rivals started construing the story to their favor. The party rejecting the domination of the “resistance axis” started criticizing Iran and condemned it for exporting the virus, as if they were already waiting for the first case to come specifically from Iran so that they build on it.

On the other hand, some activists in the Free Patriotic Movement linked the coronavirus with Syrian refugees, with one of them saying on TV that “President Michel Aoun and Gebran Bassil’s warnings were on spot, how can we face the virus with the presence of Syrian refugees?”

Hezbollah supporters stood sharply against the tone of condemnation against Iran. They accused those promoting this condemnation with having racial hatred and conspiracy theories. The first instance was a voice recording allegedly by the woman who had the virus, lying at her hospital bed affirming that she was safe and that accusing her of having the virus was nothing but a conspiracy against Iran because she stayed six months in Qom. She also added that the news had spread before the results of the tests came back even though, she claimed, nothing was wrong with her.

This led some people to tweet a photo of her passport with a phrase expressing that she represents them, asking political officials to visit her so that they catch the infection.

The conspiracy theory was not limited to the camp of Iran supporters. The other side also spread a voice recording of someone claiming that “promoting the coronavirus reaching Lebanon is aimed at ending the popular uprising and continuing the repression practiced by the regime against the protesters and recruiting banks to steal the money of the Lebanese”.

The Lebanese government’s decision to ban travels to Iran, a couple of days ago, remained ambiguous despite mentioning that “flights to the quarantined areas in Iran are banned due to the spread of the coronavirus in China, Iran, South Korea and several other countries except those that are necessary for medical, educational or occupational purposes.”



COP29 - How Does $300 Billion Stack up?

A demonstrator sitting on the ground holds a poster during a climate protest in Lisbon, to coincide with the closing of the COP29 Climate Summit Saturday, Nov. 23, 2024. (AP)
A demonstrator sitting on the ground holds a poster during a climate protest in Lisbon, to coincide with the closing of the COP29 Climate Summit Saturday, Nov. 23, 2024. (AP)
TT

COP29 - How Does $300 Billion Stack up?

A demonstrator sitting on the ground holds a poster during a climate protest in Lisbon, to coincide with the closing of the COP29 Climate Summit Saturday, Nov. 23, 2024. (AP)
A demonstrator sitting on the ground holds a poster during a climate protest in Lisbon, to coincide with the closing of the COP29 Climate Summit Saturday, Nov. 23, 2024. (AP)

Countries agreed at the UN's COP29 climate conference to spend $300 billion on annual climate finance. Here are some ways of understanding what that sum is worth:

MILITARY MIGHT

In 2023, governments around the globe spent $6.7 billion a day on military expenditure, according to the Stockholm International Peace Research Institute.

That means the $300 billion annual climate finance target equates to 45 days of global military spending.

BURNING OIL

$300 billion is currently the price tag for all the crude oil used by the world in a little over 40 days, according to Reuters calculations based on global crude oil demand of approximately 100 million barrels/day and end-November Brent crude oil prices.

ELON MUSK

According to Forbes, Elon Musk's net worth stood at $321.7 billion in late November. The world's richest man and owner of social media platform X has co-founded more than half a dozen companies, including electric car maker Tesla and rocket producer SpaceX.

STORM DAMAGE

Hurricane Katrina, one of the most devastating and deadliest cyclones in US history, caused $200 billion in damage alone in 2005.

This year's climate-fueled Hurricane Helene could end up costing up to $250 billion in economic losses and damages in the US, according to estimates by AccuWeather. While preliminary estimates by Morningstar DBRS suggest Hurricane Milton, also supercharged by ocean heat, could cost both the insured and uninsured nearly $100 billion.

BEAUTY BUYS

The global luxury goods market is valued at 363 billion euros ($378 billion) in 2024, according to Bain & Company.

COPPER PLATED

The GDP of Chile - the world's largest copper producing country - stood at $335.5 billion in 2023, according to World Bank data.

GREECE'S BAIL OUT

Euro zone countries and the International Monetary Fund spent some 260 billion euros ($271 billion) between 2010 and 2018 on bailing out Greece - the biggest sovereign bailout in economic history.

BRITISH BONDS

Britain's new government needs to borrow more to fund budget plans. Gilt issuance is expected to rise to 296.9 billion pounds ($372.05 billion) for the current financial year.

TECH TALLY

A 10% share of tech giant Microsoft is worth just over $300 billion, according to LSEG data. Meanwhile the market cap for US oil major Chevron stood at $292 billion.

CRYPTO

The annual climate finance target amounts to 75% of the total value of the global market for crypto currency Ether, the world's second-largest cryptocurrency.

Alternatively, 3 million Bitcoin would cover the annual climate finance target as the world's largest cryptocurrency closes in on the $100,000 mark following a rally fueled by Donald Trump winning the Nov. 5 US presidential election.