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Ed Webb

Egyptian households turn to credit as inflation bites - Al-Monitor: Independent, truste... - 0 views

  • Consumer finance is on the rise against a backdrop of price hikes in Egypt, where many households are struggling to make ends meet. Consumer finance rose by roughly 7% to 7.32 billion pounds ($374 million) in the second quarter (Q2) of 2022, against 6.84 billion pounds in 2022 Q1, according to data from the state-run Financial Regulatory Authority (FRA).
  • Egyptian breadwinners are buying clothes, school books, stationery and groceries on credit. Consumer finance companies are prospering with more and more customers due to high inflation rates that have made it rather hard for many households to buy in cash.
  • although the law has laid out clear-cut regulations to protect consumers and traders, several unauthorized companies and some individuals offer consumer credit, taking advantage of this highly prospering business.
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  • “In the past, people used to buy only durables in installments. Nowadays, we literally can get anything on credit, even lunch. Living costs are on the rise. This is a global issue. Prices are going wild everywhere,”
  • “It’s not about buying cars or luxury goods. I have to pay school fees for my kids. I cannot under any circumstances get a loan from a bank as it is too expensive. A consumer financier is cheaper and offers easier terms,” Nahed Khalil, a 45-year-old pharmacist, told Al-Monitor. “The interest rate on my consumer finance averages around 8%, which is cheaper. As a consumer, a bank loan is out of the question,”
Ed Webb

Why is the Egyptian state monopolizing the entertainment industry? | openDemocracy - 0 views

  • Egyptian television series that aired during the peak Ramadan season this year dramatically decreased by half from previous production volumes. Production restrictions and censorship in the most populous Arab country are on the rise, tough circumstances for the entertainment industry, exacerbated by a military-linked production company’s recent monopoly of soap operas. The move also raises concerns about whether a similar fate might be in the works for the film industry.
  • In late 2018, a memo circulated to industry professionals by state affiliate Egyptian Media Company (EMC) laid out a set of regulations making it virtually impossible for almost any production company asides from EMC sub arm Synergy Production to produce soap operas in the 2019 Ramadan season
  • “We have to understand why Synergy is gaining this much control…it’s also very clear that some series [this year] have an almost didactic direction, promoting particular ideas such as improving the image of police officers. Mandating which themes are to be discussed and which won’t be is not censorship, its indoctrination,” Aly Mourad, the CEO of Al Shorouk for Media Productions, tells Open Democracy. “I don’t think we’ve heard of this level of censorship since the time of [Former President] Nasser; it’s like we are going back 60 years in time.”
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  • “What I fear is that this pool of currently unemployed talent will switch careers, which will come at the longtime expense of the industry since these are trained professionals. I do not believe that the military [Synergy] sees this; they simply have one clear goal: to control the industry. The government has effectively, through the institutions it runs, carried out the first monopolization process in the history of neoliberalism.”
  • In June 2018, the authorities banned a film examining a love affair between a Muslim man and a Christian woman before it hit the cinemas, although director Khaled Youssef said he obtained the necessary licenses. The decision was later revoked, but was alarming to many given rising censorship levels
  • While over fifty shows typically aired during the peak Ramadan season, even during economically turbulent years as in 2017 and 2018, only twenty-four shows aired last Ramadan, and over two-thirds of them are produced by Synergy. Production powerhouses like El Adl Group and Beelink Productions were notably absent this season from their regular Ramadan run, while regionally acclaimed megastars like Yossra, Adel Imam and Laila Elwy uncharacteristically did not star in any shows during the peak season either, likely due to the dramatic, forced budget cuts which make casting an A-lister virtually impossible. Compensation levels for many of these lead faces could often be as high as EGP 50 million (~USD 3 million), the currently imposed budget cap for aggregate production costs of a Ramadan soap opera’s full season
  • “For a producer, the direct client of drama series is television channels, and several factors have negatively impacted their purchasing power. The GCC-owned channels are struggling in light of the economic difficulties there, primarily due to the war in Yemen, so the main overseas market for selling television series is not that great. Add to this that privately owned channels in Egypt were never highly profitable, and media budgets generally were slashed with Egypt’s high inflation levels [during the past couple of years], and you have a situation where many production companies are struggling to stay afloat.”
  • Over the course of the past year, EMC CEO Tamer Morsy also gradually gained majority ownership of key television networks such as CBC, ONTV, DMC and Al-Hayat, a move facilitated through the recent launch of EMC affiliate United Group for Media Services. Moreover, state-owned entities effectively gained control of both the production and purchasing sides of the business as these unprecedented levels of regulation and government ownership were put in place.
  • in early May United Group for Media Services launched paid streaming app WatchiT and prohibited the longtime convention of shows airing online on YouTube for those who couldn’t catch them on satellite television channels. Widely accessed streaming app EgyBest, among other free online streaming services, were also blocked to allegedly mitigate “piracy”, granting government intelligence-affiliated WatchiT a monopoly over streaming services. Since digital finance and financial inclusion levels are low in the most populous Arab country, the decision came to the dismay of throes of viewers regardless of political affiliations or regulation concerns. For those following television series on satellite channels, short broadcast announcements interrupt episodes to denounce a May 28 Human Rights Watch report on enforced disappearances, killings and torture in North Sinai. Other broadcasts order audiences to pay heed to “threats to terrorism and national security.”
  • “Because these people [Synergy and EMC] are military men, their mentality is to cut off what doesn’t work, with little concern for the consequences. The military don’t understand or love the arts; they see it as just another industry they can profit off by minimizing losses.”
  • “It’s understandable that they [the military] would be more concerned with penetrating television production as opposed to the cinema industry, because viewership numbers are higher for television series in comparison to films. Not everyone can afford a cinema ticket, but most Egyptians, be they rich or poor, have access to a television set. There’s nothing to stop them from gaining as much control of the film industry as they have with television, but I believe they’re not investing in it [as much] because it isn’t as lucrative,”
  • Saudi Arabia is once again opening cinema theaters following a 35-year ban, creating a significant potential box office market for Egyptian films, particularly since plans for the inauguration of 2,000 theatres in the kingdom before 2020 are in the works
  • our country was once the Hollywood of the Middle East,”
  • There was a time when everyone in the Arab world recognized Umm Kalthoum and Ismail Yassin, even more so than [our own president] Nasser. We need to work towards reestablishing that, and understanding how entertainment can be used as a tool for soft power
Ed Webb

Erdoğan's Turkey and the Problem of the 30 Million - War on the Rocks - 0 views

  • Erdoğan’s brand is waning in the cities, the coasts, and among young people. Neither the new Erdoğan-shaped presidential system, nor his expansionist foreign policy are popular in these parts. Even before the COVID-19 pandemic, chronic unemployment and inflation extinguished any hope of him bouncing back in the polls. Despite his total control over the state, mainstream media, and major capital groups, the president is unlikely to ever get much more than half of the popular vote.
  • The Erdoğan government now faced a question that all successful populist regimes must solve: What to do with the minority? They certainly can’t be granted free and fair elections, lest they attain the means to exact revenge. Nor can they be deprived of all their rights of representation, lest they be driven to revolt or treason. So how does a very slim majority of a country suppress the other half indefinitely? How does it rest easy, knowing that its hegemony is locked in?
  • The Erdoğan government surely knows that an attempt to “nationalize” all of the 30 million would be unrealistic. Rather, it seeks to separate the leftists and Kurds among them and brand them as terrorists, then turn around and securely pull the center opposition into the nationalist opposition.
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  • the government first needs to contain the spread of the left
  • The left, however, puts up genuine systemic resistance: They reject the idea that the Turkish nation is pure and infallible. Like leftists elsewhere, they deconstruct official history, focusing on massacres of minorities and exploitation of the working classes. There is also an inextricable tie to the Kurdish movement, which in turn is linked to the Kurdistan Workers’ Party (PKK) — an insurgency that has been waging war on the Turkish state for over four decades. The connection between the non-Kurdish left and the Kurdish movement is complicated and has gone through various stages in the recent past. For the Turkish right, there is little difference between leftist subversion and Kurdish insurrection. “I joined the police to beat up Communists” a crescent-mustached officer once told me, and he was talking about arresting Kurdish protesters.
  • Many in the urban middle class, who are fairly indifferent about Kurdish rights, wanted to see Demirtas grow the HDP into a Turkish-Kurdish version of the European Greens. The idea at the time was to also expand into a grand center-left coalition that would prevent Erdoğan from establishing his hyper-centralized presidential system. Their momentum was cut short when months after the coup attempt, in December 2016, the government detained Demirtas on charges of terrorism and began a ruthless crackdown on the HDP’s activities that has since only gained in intensity.
  • The second part of the government’s strategy is to keep the left — crippled and branded as terrorists — within the political system. While Turkey’s politics is polarized between the government and the opposition, this creates a second polarization, this time within the opposition camp. It is this second polarity where the vast majority of political discourse takes place. From the perspective of a nationalistic system of valuation, in which being “local and national” reigns supreme, this is a fatal flaw. On the one hand, the various factions of the opposition can’t win a national vote unless they partner with the HDP to form a 50 percent bloc against Erdoğan. On the other, the nationalists within the opposition cannot be seen working with the “terrorists” of the pro-Kurdish left.
  • the People’s Republican Party (CHP), Turkey’s founding and currently main opposition party, has tried to contain this “patriot-terrorist” polarity. Its umbrella candidates for the presidency, ranging from the soporific Ekmeleddin Ihsanoğlu in 2014, to the firebrand Muharrem Ince in 2018, have failed. In the 2019 municipal elections, however, the CHP’s mayoral candidates did well, uniting the Kemalist-nationalist camp, Islamists, liberal cosmopolitans, as well as leftists and even some sympathizers of the Kurdish movement. These candidates won against Erdoğan’s men in all major cities, including Ankara and (in a repeat election) Istanbul. This was the first, and so far only, time Erdoğan’s containment of the left had been breached.
  • the Erdoğan government finally seeks to pull the entire bloc to the right. This means focusing on liberal-minded urbanites whose nationalism has lapsed, and rekindling their faith in the national mythos. This is the most challenging aspect of its effort, and where it has done most poorly.
  • restructuring of the media. For the past few years, the government has been taking over media channels that centrist voters traditionally follow, then gradually shifting their tone to favor the government. The Dogan Media Group, owner of Hurriyet (Turkey’s former newspaper of record) and CNN Turk (a 24-hour TV news channel) used to cater to a secular, urban, and increasingly progressive audience. The group’s main audience overlapped with the centrist-opposition CHP’s voter base, whose older members are secularist-nationalists and younger members (often their children) are leftist-progressives. In March 2018, the media group was sold to an Erdoğan-friendly conglomerate, which fired many of its veteran journalists and changed editorial guidelines. The result has been a desensitized, less colorful version of the jingoist carnival running across Erdoğan’s formal channels. CNN Turk, especially, became a tool for the government to enter the living rooms of CHP voters and tell them that they were voting for terrorist collaborators. So insidious were these attacks that the CHP had to ban its members from getting on the channel, and call upon its electorate to boycott it.
  •  Erdoğan said “We have 18 martyrs and close to 200 wounded. In our country, we have the terror group’s so-called political organism. Aside from that, our nation is now in a state of Yekvücut.” The term is a favorite of the president. It is a combination of the Farsi term “Yek” meaning “single” and the Arabic word “vücut” meaning “existence,” or in the Turkish use, “body.” Erdoğan was thinking of the nation as a single biological organism, with the leftists and the Kurdish movement as foreign bodies
  • The opposition media — largely relegated to the internet — was reporting on the plight of the working class and the brewing economic crisis. Like free media across the West, they also questioned the quality and veracity of their government’s COVID-19 data. In a speech delivered in May, Erdoğan was unusually angry. He had clearly expected a Yekvücut moment and was struggling to understand why it hadn’t come about. His strategy to create a “local and national” opposition wasn’t working, and the frustration of it seemed to hit him head on. “I want to warn once again the media and other representatives who are in league with the CHP’s leaders,” he said, before launching into what was — even for him — an unusually vituperative attack: “You are not national, and your localness is in question,” he said, “you have always sided with whoever was treacherous [bozguncu], whoever was perverted, whoever was depraved” adding, “you are like the creatures in mythology that only feed on enmity, hate, fear, confusion and pain.”
  • The absurd accusations of fraud and coup-abetting aside, there is something to the idea that the opposition wants things to get worse. The Erdoğan government’s consolidation over the past decade has been so suffocating for opposition voters that many do look for deliverance in economic or natural disaster.
  • The Erdoğan government may have cut short the HDP’s rise, but it hasn’t been able to prevent leftist ideas from spreading. The CHP’s youth wings today are highly class-conscious and hostile to militant nationalism. Figures like the CHP’s Istanbul provincial head Canan Kaftancıoğlu , who campaign on a mix of feminism, workers’ rights, and anti-fascist slogans, are gaining a national following. The polarization within the opposition is likely deepening, with part of the 30 million become more “national,” while another part is becoming more leftist. This means that the great mass of right-wing sentiment is growing, but so is the left-wing minority. The “problem,” in the government’s view, may no longer be 30 million strong, but it is more acute, and perhaps more vexing, than before.
  • (gun ownership has soared since the 2016 coup attempt)
  • To Turkey’s governing class, the military coup of their imagination is not a matter of defending against an armed force trying to take over the government. Rather, it is a night of free-for-all, in which politics is stripped down to its violent core, and a majority at the height of its powers can finally put down the enemy within: the haters, the doubters, the creatures of mythology.
  • “Turkey will not only reach its 2023 goals [the centennial of the Republic], it will also be rid of the representatives of this diseased politics,” he said in May, hinting that he might cut the left out of the political system entirely. If this should happen, politics would be an uneven contest between Islamist, pan-Turkic, and secularist hues of Turkish nationalism. Far off, in the back streets of the big cities and in the Kurdish provinces, in second-hand bookshops and hidden corners of the internet, there would be a progressive left, weathering out what is surely going to be a violent storm.
Ed Webb

Where Has Tunisian Politics Gone? - New Lines Magazine - 0 views

  • In the final days of Tunisia’s 2011 revolution, Kram was among the neighborhoods where groups of disenfranchised youth took to the street calling for jobs, freedom and national dignity. A decade later, its streets filled once again with youth protesting police violence in January 2021.
  • The political life of the capital and state institutions feels too far removed from the everyday life of the young people of Kram. “We only know the police,” complain the young Cinevog regulars. They consider themselves to be “anti-politics,” though they are far from apolitical.
  • Kram has three candidates running to represent it. By contrast, in Sherifa’s home district of La Goulette — the wealthiest municipality in the country, containing sea ports, airports and the capital’s main business district — there is only one: the former Member of Parliament Hichem Hosni.The same is true in 10 other districts in the country, six of which are in the capital. The seat is already allocated because only one candidate is running. The phenomenon is partly a result of political apathy and partly by design. In September, Saied rewrote the country’s electoral law in what he said was a bid to level the playing field by moving away from a party list-of-candidates system and instead focusing on individual candidates. In order to stand in the election, a candidate had to collect 400 signatures notarized by the municipality — a method that should in theory have shortened the distance between voters and candidates, but in practice only increased it.
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  • the nation’s civic consciousness hasn’t dissipated, as many people have bemoaned, “but until it’s translated into a political movement capable of entering the Tunisian political scene, it won’t lead to any substantial change.”
  • the new setup serves to weaken the legislative branch in a system with Saied and the presidency at its center. “The electoral law cannot be read separately from the new constitution. Everything has been done to prevent parliament from playing a real political role and from acting as a balancing power.”
  • “I took part in the revolution. I am a citizen, but this country does not treat me as such. I have decided not to vote,” she said. She knows the exact figures for how much inflation rises monthly, and the increases in the prices of taxis, bread and gasoline. Yet “for the first time,” she says, she doesn’t “even know the names of the candidates” running for parliament in her district.
  • The new electoral law — enacted after Saied ran on a staunch anti-corruption platform, rewrote the country’s constitution and put it to a referendum in July — also eliminates public funding for campaigns. Candidates are left to use their own money to run, or to raise donations from individuals, because funding by parties is also barred.
  • A new law forbids candidates from speaking with foreign journalists
  • “Where is the state?”
  • The disinterest in the ballot box and rejection of politics in its institutional forms, then, do not necessarily correspond to a depoliticization of Tunisian society. Many of the activities carried out by young activists and civil society constitute an alternative way of doing political education at the local level. With increasingly stringent controls on NGO funding, however, many small associations find themselves in a tight corner and fear for their future, including Mobdiun, which benefits from a certain amount of European funding.
  • “Many would try to leave for Europe, but here we create an alternative.”
  • “I stopped on the way to school to look at this empty wall, without the candidates’ posters, and I thought it said so much.”
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