Latest news with #Fares
Time of India
01-08-2025
- Business
- Time of India
Food prices in Gaza so high they're 'meaningless'
. Deadly chaos and violence have engulfed aid distribution in the Gaza Strip since Israel reconstituted the system in May as part of what it said was an effort to keep aid out of the hands of Hamas. The mayhem - and the limited amount of aid entering the enclave in the first place - has led many Palestinians to give up trying to get humanitarian aid. One of the few alternatives has been to buy food from markets in Gaza, stocked with a combination of aid materials - some of which may have been looted - commercial goods, and small amounts of locally grown produce. But the prices of many basic goods have skyrocketed. "Have I ever seen this anywhere else to this extent?" Arif Husain, chief economist at World Food Programme, said. "Absolutely not." Sugar now costs about $106 per kg compared with 89 cents before the war, flour is $12 per kg compared with 42 cents, and tomatoes are $30 per kg compared with 59 cents, according to data published by Gaza Governorate Chamber of Commerce and Industry. The data were collected by some of the chamber's staff members, who have been conducting surveys at markets in Gaza City, Deir al-Balah and Khan Younis "The prices are insane, totally insane," said Mohammad Fares, 24, a resident of Gaza City. Fares said he was unwilling to risk his life by going to aid sites, describing them as "death traps" where Israeli soldiers shoot people and desperate Palestinians threaten one another with knives. "Prices are so high that they become meaningless," Husain said. Instability in supply has caused drastic price fluctuations. The price of flour reached $891 for a 25-kg sack on July 20, dipped to $223 on Sunday and climbed to $334 on Wednesday. "We're not just facing a war in terms of bombs - we're facing a war in terms of prices, hunger and thirst, too," said Ayed Abu Ramadan, chair of the chamber of commerce. Prices of non-food items have also been extraordinarily high. A bar of soap is about $10, compared with 59 cents before war; a pack of 40 diapers is $149, compared with $8.61. Another challenge is getting hard cash, which many can find only on black market for exorbitant commissions. "...suffering is built into every aspect of life," Fares said.
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Business Standard
31-07-2025
- Business
- Business Standard
$30 potatoes, $300 flour: Food prices reach extraordinary heights in Gaza
AdAm RAsgon & Ashley Wu Deadly chaos and violence have engulfed aid distribution in Gaza since Israel reconstituted the system in May as part of what it said was an effort to keep aid out of the hands of Hamas. The mayhem — and the limited amount of aid entering the enclave in the first place — has led many Palestinians to give up trying to get humanitarian aid, even though starvation is mounting. One of the few alternatives has been to buy food from markets in Gaza, which are stocked with a combination of aid materials — some of which may have been looted — commercial goods, and small amounts of locally grown produce. But the prices of many basic goods have skyrocketed. 'Have I ever seen this anywhere else to this extent?' Arif Husain, the chief economist at the UN World Food Programme, said in a phone interview on Wednesday. 'Absolutely not.' Sugar now costs about $106 per kilogram, compared with 89 cents before the war. Flour is $12 per kilogram, compared with 42 cents. Tomatoes are $30 per kilogram, compared with 59 cents — according to data published this week by the Gaza Governorate Chamber of Commerce and Industry. The data were collected by some of the chamber's staff members, who have been conducting surveys at markets in Gaza City, Deir al-Balah, and Khan Younis. An emergency committee representing chambers of commerce in multiple areas of the enclave authorized the Gaza Governorate chamber to conduct the surveys and publish the results. 'The prices are insane — totally insane,' said Mohammad Fares, 24, a resident of Gaza City who was staying with a relative alongside his parents and two brothers because his family's home was destroyed earlier in the war. He has lost more than 50 pounds since the start of the war, he said. Fares said that he was unwilling to risk his life by going to aid sites, describing them as 'death traps' where Israeli soldiers fatally shoot people and desperate Palestinians threaten one another with knives. (The Israeli military has said that its forces have fired 'warning shots' when people approached its forces outside aid sites in what it described as a threatening manner.) Staying alive, Fares said, required his family to dig into what remains of its savings to purchase small quantities of flour and lentils. His family was no longer purchasing vegetables and fruits, which had long exceeded what they could afford, he added. 'At a certain level, people get priced out,' Husain said. 'The prices are so high that they become meaningless.' The focus, he said, becomes getting small amounts of the most essential goods. The instability in the supply of goods has caused drastic price fluctuations. For example, the price of flour reached $891 for a 25-kilogram sack on July 20, dipped to $223 on Sunday, and climbed to $334 on Wednesday, data from the enclave's Chamber of Commerce showed. The same amount of flour cost a little over $10 before the war.
BBC News
14-07-2025
- Business
- BBC News
Cab fares set to rise in Stafford after request from drivers
Fares in black cabs licensed by Stafford Borough Council are set to increase - with the maximum charge for a two-mile journey possibly becoming the steepest in the most a passenger has to pay for two miles currently is £6.50; the fourth cheapest fare of its type set by licensing authorities in Staffordshire, Stoke-on-Trent and an increase - proposed by drivers - to £7.40 would make it the most pricey maximum fare for two miles among the 10 council have cited rising costs as the need to charge more, with the council saying revisions could come into effect "as soon as possible" subject to objections. Tariffs vary for black cabs licensed in Stafford borough according to the amount of passengers, and the times of the day in which a journey takes proposals, a 90p increase would apply to the current £3.10 starting rate - turning on the engine and the first 0.2 miles (0.3km) - in vehicles carrying up to four people. Other starting-rate tariffs that cover a greater number of passengers, and journeys in the early hours and holidays, would also rise. Increased costs Hackney carriages must not charge a fare higher than those set by the council. Stafford Borough Council deputy leader Rob Kenney said fares were last set in 2022."Since then there has been a significant and sustained increase in the price of fuel, cost of vehicles and operational costs, such as insurance and maintenance," he confirmed the trade had approached the council to propose the fare cheapest two-mile taxi journey is in the Staffordshire Moorlands where the fare is £5.20, with the last increase coming in most expensive area in Staffordshire for a two-mile taxi journey is currently Tamworth, with a £7.14 fare set in were currently 57 licensed Hackney Carriages in Stafford borough, according to the authority, and 95 private hire vehicles. This news was gathered by the Local Democracy Reporting Service, which covers councils and other public service organisations. Follow BBC Stoke & Staffordshire on BBC Sounds, Facebook, X and Instagram.
Saba Yemen
28-06-2025
- Politics
- Saba Yemen
Palestinian Prisoners' Affairs: Zionist enemy is waging "war of revenge" against prisoners in Gaza
Gaza - Saba: Qaddoura Fares, head of the Palestinian Authority for Prisoners' Affairs, confirmed that the Zionist enemy authorities are waging a "war of revenge" against prisoners in the Gaza Strip in the Sde Teiman prison, which includes direct executions and enforced disappearances. This is based on testimonies and cross-referenced evidence collected by human rights organizations, lawyers, doctors, and freed prisoners. Fares said in a press statement on Saturday that the Zionist prison administration implemented government instructions to consider the prisons as a war front, which enabled widespread violations against prisoners. He added that all testimonies and reports confirm the occurrence of direct killings inside the prisons, and that most of the martyrs are from the Gaza Strip. He pointed out that the Zionist enemy does not officially announce the martyrdom of these prisoners, but rather reveals their deaths months later and through indirect means. Whatsapp Telegram Email Print more of (International)
Fashion United
27-05-2025
- Business
- Fashion United
Bloobloom secures three million pounds funding to bolster expansion
Bloobloom has announced the closing of a three million pound follow-on funding round which it said it would use to aid the roll out of European stores. The British eyewear brand also noted that it had its eyes on expanding its online presence in the US. The funding was led by Pembroke VCT, which had initially invested 2.5 million pounds into Bloobloom as part of a 4.8 million pound fundraise in 2022. For this latest round, the venture capital trust contributed two million pounds, alongside an additional one million pounds from Social Impact Enterprises. Through the fundraise, Bloobloom said it was 'well-positioned to scale its operations', expand internationally and grow its retail presence in the UK, where it currently operates seven stores across London. Founded in 2017, Bloobloom is dedicated to a tech-focused approach to eyewear, utilising its proprietary AI technology platform, Theia, to perform readings and interpretations of prescriptions in order to select the correct lenses for customers and analyse their eye health. The company has continued to grow since its inception, reporting over 100,000 active customers with a sales retention rate of 90 percent. Bloobloom further stated that it welcomed a revenue growth of 2.3x from FY23 to FY24. In a press release, co-founders of the brand, Fares and Abbas Manai, said in a joint statement: 'We are both excited and grateful as we embark on this next phase of growth, in partnership with some of the finest investors in the UK. This latest round of funding will enable us to continue enhancing our technology platform and to maintain the outstanding service we provide to our customers online, in store, and beyond, thanks to our Pair for Pair programme.'
