{"id":2226,"date":"2019-12-30T15:14:30","date_gmt":"2019-12-30T15:14:30","guid":{"rendered":"https:\/\/lebanesemap.net\/blog\/?p=2226"},"modified":"2020-03-02T16:40:12","modified_gmt":"2020-03-02T16:40:12","slug":"as-crisis-hits-businesses-fight-for-survival","status":"publish","type":"post","link":"https:\/\/lebanesemap.net\/blog\/2019\/12\/30\/as-crisis-hits-businesses-fight-for-survival\/","title":{"rendered":"As crisis hits, businesses fight for survival"},"content":{"rendered":"<p style=\"text-align: justify;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-2227\" src=\"https:\/\/lebanesemap.net\/blog\/uploads\/2019\/12\/807434_img650x420_img650x420_crop.jpg\" alt=\"beirut\" width=\"650\" height=\"420\" srcset=\"https:\/\/lebanesemap.net\/blog\/uploads\/2019\/12\/807434_img650x420_img650x420_crop.jpg 650w, https:\/\/lebanesemap.net\/blog\/uploads\/2019\/12\/807434_img650x420_img650x420_crop-300x194.jpg 300w, https:\/\/lebanesemap.net\/blog\/uploads\/2019\/12\/807434_img650x420_img650x420_crop-585x378.jpg 585w\" sizes=\"auto, (max-width: 650px) 100vw, 650px\" \/><\/p>\n<p style=\"text-align: justify;\">After decades of hard work, self-made Lebanese chocolatier Roger Zakhour thought he would finally be able to pass a successful business to his daughter. But then the economic crisis hit. Instead of reaping profits this Christmas, he and his 29-year-old daughter are marking down their handmade ice cream logs.<\/p>\n<p style=\"text-align: justify;\">\u201cIf it continues like this, in a few months I\u2019ll be bankrupt,\u201d the 61-year-old said sitting in his small shop, surrounded by colorful stacks of hand-crafted chocolates.<\/p>\n<p style=\"text-align: justify;\">In protest-hit Lebanon, a free-falling economy, price hikes and a severe dollar liquidity crunch have left local businesses struggling to stave off collapse.<\/p>\n<p style=\"text-align: justify;\">Zakhour started making chocolates and then ice cream in the \u201990s, refining his recipes until he became a go-to for five-star hotels and well-off Lebanese.<\/p>\n<p style=\"text-align: justify;\">But as the economy worsened over the autumn, high-end hotels drastically reduced their orders and walk-in customers became rare.<\/p>\n<p style=\"text-align: justify;\">Banks have restricted access to dollars since the end of the summer, sending prices soaring as importers struggle to secure enough hard currency to buy supplies.<\/p>\n<p style=\"text-align: justify;\">\u201cWe\u2019re heading somewhere we never imagined we would,\u201d said Zakhour, who had just upgraded his kitchen when sales dropped off.<\/p>\n<p style=\"text-align: justify;\">Support fellow citizens<\/p>\n<p style=\"text-align: justify;\">In pursuit of high-quality products, Zakhour imports his ingredients, paying in euros or dollars.<\/p>\n<p style=\"text-align: justify;\">But with withdrawals restricted and no transfers abroad, that is no longer viable.<\/p>\n<p style=\"text-align: justify;\">\u201cNow when something runs out, that\u2019s it,\u201d he said.<\/p>\n<p style=\"text-align: justify;\">Unprecedented protests have swept Lebanon since Oct. 17, with people from all backgrounds demanding a complete overhaul of a political class they deem useless and corrupt.<\/p>\n<p style=\"text-align: justify;\">The government stepped down on Oct. 29, but endless political deadlock has delayed a new one being formed to tackle the urgent need for economic reforms.<\/p>\n<p style=\"text-align: justify;\">Zakhour\u2019s business is just one of thousands struggling to stay afloat.<\/p>\n<p style=\"text-align: justify;\">Many Lebanese have been forced to close shop, and a large number have been fired or seen their salaries slashed by half, even as the cost of living increases.<\/p>\n<div id=\"pa_1x1_psbk_1577718133515\" style=\"text-align: justify;\"><\/div>\n<p style=\"text-align: justify;\">Watching all this unfold, 31-year-old nursery school teacher Lea Hedary Kreidi and her family racked their brains to see how they could help.<\/p>\n<p style=\"text-align: justify;\">Shortly after protests started, they launched a group on Facebook called \u201cMade in Lebanon &#8211; The Lebanese Products Group\u201d to encourage Lebanese to buy locally produced goods.<\/p>\n<p style=\"text-align: justify;\">In just two months, they amassed more than 32,000 members, who post ads for locally or homemade goods, or ask for local alternatives to imported products.<\/p>\n<p style=\"text-align: justify;\">Made in Lebanon<\/p>\n<p style=\"text-align: justify;\">\u201cWe\u2019re used to going shopping and buying what our mothers used to buy. We grab what\u2019s in front of us without checking if it\u2019s made in Lebanon or not,\u201d she said, seated at home by a sparkling Christmas tree.<\/p>\n<p style=\"text-align: justify;\">But there are locally made options for numerous products, including detergent, shampoo, nappies, peanut butter, ketchup and children\u2019s building blocks. \u201cI was surprised by how many things there were that I didn\u2019t know about,\u201d the mother of a baby boy said.<\/p>\n<p style=\"text-align: justify;\">In her drive to support her fellow citizens, Kreidi now skips her usual supermarket in favor of nearby small grocers. This Christmas, only the children in her family will be receiving presents, which will all be made in Lebanon.<\/p>\n<p style=\"text-align: justify;\">In Beirut, bar manager Rani al-Rajji says he is also having to adapt &#8211; moving away from increasingly expensive imports while also remaining affordable.<\/p>\n<p style=\"text-align: justify;\">\u201cAs much as I can, I\u2019m trying to lessen the blow so our guests don\u2019t feel they\u2019ve lost their purchasing power and can no longer afford to go out,\u201d said the 43-year-old, who is also an architect.<\/p>\n<p style=\"text-align: justify;\">To do this, he and his co-founders are trying to increase local brands from a fifth to around a half of all bar and kitchen supplies.<\/p>\n<p style=\"text-align: justify;\">\u201cWe\u2019re trying to use local products for all those with an alternative made in Lebanon,\u201d he said, sitting at the bar.<\/p>\n<p style=\"text-align: justify;\">And they are also attempting to cut out unnecessary packaging and marketing costs, serving wine directly from the barrel and beer from the keg.<\/p>\n<p style=\"text-align: justify;\">\u201cWe can\u2019t replace everything, but we can try to give Lebanese products more life, encourage their consumption,\u201d he said.<\/p>\n<p style=\"text-align: justify;\">But some cash-strapped consumers say buying local is not their chief concern.<\/p>\n<p style=\"text-align: justify;\">In a Beirut supermarket, 35-year-old Mariam Rabbah clutched a nearly empty basket wondering what to buy with her diminished salary.<\/p>\n<p style=\"text-align: justify;\">\u201cEverything is more expensive and we\u2019re now paid half,\u201d she said. \u201cNow what we care about is if something is cheap and good quality &#8211; not whether it\u2019s imported or Lebanese.\u201d<\/p>\n<p style=\"text-align: justify;\"><strong>The Online Publishers TOP online influencers brings together multilingual translators, content creators, journalists, influencers, publishers, SEO experts, photographers and authors from various academic and industry backgrounds. <\/strong><strong><em>A Place For <\/em><\/strong><a href=\"https:\/\/perpetualtravelerblog.com\/2019\/11\/27\/a-place-for-social-media-influencers-to-earn-money-from-home\/\"><strong><em>Social Media Influencers<\/em><\/strong><\/a><strong><em> To Earn Money From Home<\/em><\/strong><\/p>\n<p style=\"text-align: justify;\"><em><strong>TOP platform is the best place to check first for <\/strong><\/em><em><strong>freelancer jobs<\/strong><\/em><em><strong> and ebooks to read.<\/strong><\/em><em><strong>TOP Gives A New Opportunity To Earn With Its <\/strong><\/em><a href=\"https:\/\/topebookslibrary.com\/top-gives-a-new-opportunity-to-earn-with-its-ebooks-library\/\"><strong>Ebooks Library<\/strong><\/a><em><strong>.\u00a0\u00a0\u00a0\u00a0 <\/strong><\/em><\/p>\n<ul>\n<li style=\"text-align: justify;\"><strong>PlayPass hails record summer for cashless &amp; RFID at <a href=\"https:\/\/festifair.co\/2019\/10\/02\/playpass-hails-record-summer-for-cashless-rfid-at-uk-festivals\/\">UK festivals<\/a>.<\/strong><\/li>\n<li style=\"text-align: justify;\"><strong>Apple lands first Golden Globe nominations; <a href=\"https:\/\/lovekiev.com\/2019\/12\/16\/apple-lands-first-golden-globe-nominations-netflix-leads-field\/\">Netflix<\/a> leads field.<\/strong><\/li>\n<li style=\"text-align: justify;\"><strong>Six Senses Kocata\u015f Mansions to <a href=\"http:\/\/zahlepost.com\/2019\/10\/01\/six-senses-kocatas-mansions-to-soft-launch-next-month\/\">soft launch<\/a> next month.<\/strong><\/li>\n<li style=\"text-align: justify;\"><strong>Inconsistent, inaccurate information hinders <a href=\"https:\/\/drsys.co\/2019\/10\/31\/inconsistent-inaccurate-information-hinders-medical-cannabis-potential-to-revolutionize-health-wellness\/\">medical cannabis\u2019<\/a> potential to \u2018revolutionize\u2019 health, wellness.<\/strong><\/li>\n<li style=\"text-align: justify;\"><strong>Norway to allow dual <a href=\"https:\/\/citizenshipprograms.com\/2019\/11\/04\/norway-to-allow-dual-citizenship-from-2020\/\">citizenship<\/a> from 2020.<\/strong><\/li>\n<li style=\"text-align: justify;\"><strong>If <a href=\"https:\/\/prossit.com\/2019\/06\/25\/if-facebook-and-google-dont-fix-their-problems-advertising-execs-say-they-could-go-somewhere-else\/\">Facebook and Google<\/a> don\u2019t fix their problems, advertising execs say they could go somewhere else.<\/strong><\/li>\n<li style=\"text-align: justify;\"><strong><a href=\"https:\/\/cachettrading.com\/2019\/06\/12\/mortgage-lenders-finally-see-bigger-profit-margins-ahead-as-demand-surges\/\">Mortgage lenders<\/a> finally see bigger profit margins ahead as demand surges.<\/strong><\/li>\n<li style=\"text-align: justify;\"><strong><a href=\"https:\/\/vatnplus.com\/2019\/06\/03\/us-inflation-picks-up-in-april-as-spending-slows\/\">US inflation<\/a> picks up in April as spending slows.<\/strong><\/li>\n<li style=\"text-align: justify;\"><strong><a href=\"https:\/\/zouhourfestival.com\/2019\/02\/06\/australias-richest-2019-in-a-down-year-two-miners-break-back-into-the-top-50\/\">Australia\u2019s Richest<\/a> 2019: In A Down Year, Two Miners Break Back Into The Top 50.<\/strong><\/li>\n<li style=\"text-align: justify;\"><strong><a href=\"https:\/\/goldwellestate.com\/2019\/05\/17\/trumps-tax-overhaul-is-taking-a-serious-toll-on-the-hamptons-real-estate-market\/\">Trump\u2019s<\/a> tax overhaul is taking a serious toll on the Hamptons real-estate market.<\/strong><\/li>\n<li style=\"text-align: justify;\"><strong>Why is the Brecon <a href=\"https:\/\/youvote4.com\/2019\/08\/02\/why-is-the-brecon-by-election-so-important-to-boris\/\">by-election<\/a> so important to Boris?.<\/strong><\/li>\n<li style=\"text-align: justify;\"><strong>Millions In <a href=\"https:\/\/perpetualtravelerblog.com\/2019\/05\/10\/millions-in-india-face-uncertain-future-after-being-left-off-citizenship-list\/\">India<\/a> Face Uncertain Future After Being Left Off Citizenship List.<\/strong><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>After decades of hard work, self-made Lebanese chocolatier Roger Zakhour thought he would finally be able to pass a successful&#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[12],"tags":[179],"class_list":["post-2226","post","type-post","status-publish","format-standard","hentry","category-business-legal","tag-made-in-lebanon"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/lebanesemap.net\/blog\/wp-json\/wp\/v2\/posts\/2226","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lebanesemap.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lebanesemap.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lebanesemap.net\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/lebanesemap.net\/blog\/wp-json\/wp\/v2\/comments?post=2226"}],"version-history":[{"count":4,"href":"https:\/\/lebanesemap.net\/blog\/wp-json\/wp\/v2\/posts\/2226\/revisions"}],"predecessor-version":[{"id":2306,"href":"https:\/\/lebanesemap.net\/blog\/wp-json\/wp\/v2\/posts\/2226\/revisions\/2306"}],"wp:attachment":[{"href":"https:\/\/lebanesemap.net\/blog\/wp-json\/wp\/v2\/media?parent=2226"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lebanesemap.net\/blog\/wp-json\/wp\/v2\/categories?post=2226"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lebanesemap.net\/blog\/wp-json\/wp\/v2\/tags?post=2226"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}