Lebanese Dread End to Subsidies

Maya Ibrahimshah, the founder of Lebanese NGO Beit al-Braka (house of blessings) organizes food to be distributed to the needy. AFP
Maya Ibrahimshah, the founder of Lebanese NGO Beit al-Braka (house of blessings) organizes food to be distributed to the needy. AFP
TT

Lebanese Dread End to Subsidies

Maya Ibrahimshah, the founder of Lebanese NGO Beit al-Braka (house of blessings) organizes food to be distributed to the needy. AFP
Maya Ibrahimshah, the founder of Lebanese NGO Beit al-Braka (house of blessings) organizes food to be distributed to the needy. AFP

To feed her family, Lebanese mother Sandra al-Tawil sold her fridge and washing machine. Now she fears the cash-strapped state will scrap food subsidies, plunging them deeper into poverty.

Lebanon is locked in its worst economic crisis since the 1975-1990 civil war, with no end in sight.

The value of the Lebanese pound has plunged, driving up the price of crucial imports like food and fuel and triggering small but angry protests.

More than half of Lebanon's population is poverty stricken and relies on subsidies, but a central bank demand for "an immediate plan to ration subsidies" is looming.

"We're already tightening our belts. What will we eat if we can no longer buy rice or lentils?" 40-year-old Tawil said.

Tawil and her husband lived a comfortable life in Dubai before returning to their homeland to open a high-end hair salon in 2019.

But that dream turned to nightmare after the financial crisis and the Covid-19 pandemic hit.

"I had to sell my washing machine and fridge... just to get the minimum of daily bread and pay rent," said the mother of two young children.

Her husband found a job at the start of the year, and the Beit El Baraka charity is helping them out with food and school fees.

But Tawil is still worried, and furious with the political class she blames for the malaise.

"If I see people heading out to protest, I'll be the first to join them," AFP quoted her as saying.

In a country that imports 80 percent of its food, much of the six million population depends on subsidies to get by.

Even without them being lifted, many are already struggling, said Beit El Baraka founder Maya Ibrahimchah.

"There have been many more demands for help over the past four months," she said.

"Those we are helping today are all from the middle class."

The state has poured up to $437 million into subsidies a month, the World Bank estimates, to keep prices in check for bread, medicine, fuel and electricity, as well as around 300 other items since mid-2020.

To counter the pound's drastic devaluation, importers get access to dollars at a preferential rate to ensure they can afford to continue bringing in supplies.

For flour, fuel and medicine, for example, they offer dollars at the official exchange rate of 1,507 pounds to cover most of their cost.

But traders must resort to the black market to cover the difference, where Tuesday the rate hit a record low of 10,000 pounds to the dollar.

As a result, in less than a year the price of a large bag of subsidized bread has risen from 1,500 to 2,500 pounds.

Authorities have remained vague about how the subsidies will be reduced, though meetings are ongoing.

In early December, central bank governor Riad Salameh said it could only fund subsidies for another two months. Later that month, he said two billion dollars were available for them.

At the end of February, the central bank's website showed it had $17.9 billion in foreign currency reserves, yet $17.5 billion of that is the bank's required reserves.

The bank did not respond to AFP's repeated requests for comment.

The UN food agency has warned any subsidy reduction would have "major inflationary repercussions" and "put an unbearable strain on households".

The price of bread could increase by up to three times and fuel by 4.5 times, the World Food Program said, adding it was critical to immediately scale up assistance to the poorest.

Under the government's latest plan, subsidies could be gradually lifted, with financial aid to soften the blow over several years.

The state would first lift subsidies for bread, fuel and around 300 other items, under the plan seen by AFP, before later on reviewing spending in the electricity sector.

To compensate, up to 80 percent of the population would receive handouts -- 50 dollars a month for adults aged over 23 and half for anybody younger.

Those amounts, and the numbers of beneficiaries, would then progressively diminish.

Until then, the authorities have secured $246 million from the World Bank to help 786,000 Lebanese.

But Nasser Jomaa, 52, said he doubted the government would really provide any financial support.

"It's just empty words. We have zero faith in the state," said the driver, who lives with his unemployed 25-year-old son.

As the Lebanese pound has plunged on the black market, he has seen his monthly income drop in value from $1,000 to just $160.

He added that any lifting of subsidies would be "catastrophic".

Already, he said, "we no longer eat meat."



Türkiye Plans First Overseas Deepwater Drilling in Somalia Next Month

Türkiye Minister of Energy and Natural Resources Alparslan Bayraktar speaks during the conference 'Energy Security in the World and Türkiye: Risks and Solutions in Critical Minerals' at the Sabanci University Istanbul International Center for Energy and Climate (IICEC), in Istanbul, Türkiye, December 26, 2025. REUTERS/Umit Bektas
Türkiye Minister of Energy and Natural Resources Alparslan Bayraktar speaks during the conference 'Energy Security in the World and Türkiye: Risks and Solutions in Critical Minerals' at the Sabanci University Istanbul International Center for Energy and Climate (IICEC), in Istanbul, Türkiye, December 26, 2025. REUTERS/Umit Bektas
TT

Türkiye Plans First Overseas Deepwater Drilling in Somalia Next Month

Türkiye Minister of Energy and Natural Resources Alparslan Bayraktar speaks during the conference 'Energy Security in the World and Türkiye: Risks and Solutions in Critical Minerals' at the Sabanci University Istanbul International Center for Energy and Climate (IICEC), in Istanbul, Türkiye, December 26, 2025. REUTERS/Umit Bektas
Türkiye Minister of Energy and Natural Resources Alparslan Bayraktar speaks during the conference 'Energy Security in the World and Türkiye: Risks and Solutions in Critical Minerals' at the Sabanci University Istanbul International Center for Energy and Climate (IICEC), in Istanbul, Türkiye, December 26, 2025. REUTERS/Umit Bektas

Türkiye will send a drilling vessel to Somalia in February to carry out the country's first deepwater exploration project abroad, ‌Energy Minister ‌Alparslan Bayraktar ‌said.

He ‌said the operation with the Cagri Bey vessel will focus on offshore areas ⁠in Somali waters but did not ‍provide ‍details on targeted ‍reserves or investment size.

In 2024, Türkiye signed an energy exploration deal with Somalia. It has been ⁠seeking to diversify its energy sources and reduce reliance on imports, investing in exploration at home and overseas.


Libya Says UK to Analyze Black Box from Crash That Killed General

Military personnel carry portraits of the Libyan chief of staff, General Mohamed al-Haddad (2-R), and his four advisers, who were killed in a plane crash in Türkiye, during an official repatriation ceremony at the Ministry of Defense headquarters in Tripoli, Libya, 27 December 2025. (EPA)
Military personnel carry portraits of the Libyan chief of staff, General Mohamed al-Haddad (2-R), and his four advisers, who were killed in a plane crash in Türkiye, during an official repatriation ceremony at the Ministry of Defense headquarters in Tripoli, Libya, 27 December 2025. (EPA)
TT

Libya Says UK to Analyze Black Box from Crash That Killed General

Military personnel carry portraits of the Libyan chief of staff, General Mohamed al-Haddad (2-R), and his four advisers, who were killed in a plane crash in Türkiye, during an official repatriation ceremony at the Ministry of Defense headquarters in Tripoli, Libya, 27 December 2025. (EPA)
Military personnel carry portraits of the Libyan chief of staff, General Mohamed al-Haddad (2-R), and his four advisers, who were killed in a plane crash in Türkiye, during an official repatriation ceremony at the Ministry of Defense headquarters in Tripoli, Libya, 27 December 2025. (EPA)

Libya said on Thursday that Britain had agreed to analyze the black box from a plane crash in Türkiye on December 23 that killed a Libyan military delegation, including the head of its army.

General Mohammed al-Haddad and four aides died after a visit to Ankara, with Turkish officials saying an electrical failure caused their Falcon 50 jet to crash shortly after takeoff.

Three crew members, two of them French, were also killed.

The aircraft's black box flight recorder was found on farmland near the crash site.

"We coordinated directly with Britain for the analysis" of the black box, Mohamed al-Chahoubi, transport minister in the Government of National Unity (GNU), said at a press conference in Tripoli.

Haddad was very popular in Libya despite deep divisions between west and east.

Haddad was chief of staff for the Tripoli-based GNU.

Chahoubi told AFP a request for the analysis was "made to Germany, which demanded France's assistance" to examine the aircraft's flight recorders.

"However, the Chicago Convention stipulates that the country analyzing the black box must be neutral," he said.

"Since France is a manufacturer of the aircraft and the crew was French, it is not qualified to participate. The United Kingdom, on the other hand, was accepted by Libya and Turkey."

After meeting the British ambassador to Tripoli on Tuesday, Foreign Minister Taher al-Baour said a joint request had been submitted by Libya and Türkiye to Britain "to obtain technical and legal support for the analysis of the black box".

Chahoubi told Thursday's press briefing that Britain "announced its agreement, in coordination with the Libyan Ministry of Transport and the Turkish authorities".

He said it was not yet possible to say how long it would take to retrieve the flight data, as this depended on the state of the black box.

"The findings will be made public once they are known," Chahoubi said, warning against "false information" and urging the public not to pay attention to rumors.


STC Says Handing over Positions to National Shield Forces in Yemen's Hadhramaut, Mahra

National Shield forces in Hadhramaut. (National Shield forces)
National Shield forces in Hadhramaut. (National Shield forces)
TT

STC Says Handing over Positions to National Shield Forces in Yemen's Hadhramaut, Mahra

National Shield forces in Hadhramaut. (National Shield forces)
National Shield forces in Hadhramaut. (National Shield forces)

Southern Transitional Council (STC) forces in Yemen began on Thursday handing over military positions to the government’s National Shield forces in the Hadhramaut and al-Mahra provinces in eastern Yemen.

Local sources in Hadhramaut confirmed to Asharq Al-Awsat that the handover kicked off after meetings were held between the two sides.

Speaking on condition of anonymity, the sources said the National Shield commanders met with STC leaderships to discuss future arrangements. The sourced did not elaborate, but they confirmed that Emirati armored vehicles, which had entered Balhaf port in Shabwah were seen departing on a UAE vessel, in line with a Yemeni government request.

The National Shield is overseen by Presidential Leadership Council (PLC) Chairman Dr. Rashad al-Alimi.

A Yemeni official described Thursday’s developments as “positive” step towards uniting ranks and legitimacy against a common enemy – the Houthi groups.

The official, also speaking on condition of anonymity, underscored to Asharq Al-Awsat the importance of “partnership between components of the legitimacy and of dialogue to resolve any future differences.”

Meanwhile, on the ground, Yemeni military sources revealed that some STC forces had refused to quit their positions, prompting the forces to dispatch an official to Hadhramaut’s Seiyun city to negotiate the situation.