Soccer | BBVA and Santander, first winners of the World Cup in Qatar – El Salto

Soccer |  BBVA and Santander, first winners of the World Cup in Qatar – El Salto

Soccer | BBVA and Santander, first winners of the World Cup in Qatar – El Salto

Bipana and her husband known as one another daily. He, Tul Bahadur Gharti, labored on the World Cup web site in Qatar, the place the utmost was 39 levels and the temperature by no means dropped beneath 20; she was ready for him in Nepal, the nation of their delivery. On the afternoon of Could 28, 2020, after a great chat, they mentioned goodbye saying that they might name once more the following morning. It was the final time they spoke. Bipana waited for him in line all day. Within the afternoon, the supervisor of the corporate he labored for informed him that her husband had died whereas she slept. Tul Bahadur Gharti was 34 years outdated and in good well being, and is likely one of the 6,500 employees killed doing the World Cup, in keeping with an investigation by The Guardian.

Within the case of a number of deceased employees engaged on the World Cup building websites, medical certificates concluded that they died of “respiratory arrest resulting from pure causes.” Bipana obtained about $14,000 in insurance coverage and compensation from the Nepalese authorities. The corporate paid her the $850 she owed her husband. “I really feel like I’ve wasted my life,” she later informed Amnesty Worldwide. Though it looks like a macabre joke, Bipana was fortunate. Her countrywoman Mairul Khatun additionally misplaced her husband in Qatar: he requested for 1,300 {dollars} at 48% curiosity in Nepal to pay for her visa to Qatar. Suffocated by the strain, he ended up committing suicide. Now she lives with the debt that he contracted to work and make attainable the Males’s World Cup, which can begin subsequent Sunday the twentieth.

13 years after Qatar was chosen to host the competitors, every little thing is prepared for the present to start. This nation with simply three million inhabitants will improve its inhabitants significantly for a month: greater than one million followers will journey there to observe the video games. Within the emirate they’re already used to the presence of foreigners who far outnumber the Qataris, though in fairly totally different circumstances: 90% of the individuals there are immigrants.

They’re there however they don’t train as residents because of the kafala system. This method hyperlinks immigrants to their employers, who typically seize their passports as quickly as they arrive: if the employers hearth them, the employees are routinely outdoors the legislation and should not have a passport with which to establish themselves earlier than the embassy of their nation. . Locked in a spot the place they can not work with out the sponsorship of one other employer, they’re trapped in an administrative limbo that facilitates all types of abuses: from paying intermediaries to enter the nation to unpaid wages for months, together with non-compliance with schedules or fee of a wage a lot decrease than that promised within the contract. Joseph Blatter, FIFA president when it selected Qatar as its host metropolis in 2009, lately declared that he had at all times been towards this selection and that the selection had been a “mistake”.

Who gained?

Blatter’s lament is a part of a rising style within the European media. Media, radio and tv laments that Qatar is a dictatorship ruled by a single household, the Al Thani. They remind us that homosexuality is prohibited there, there aren’t any elections or political events, and girls are topic to a rigorous non secular code. They remark that the World Cup is a bit of propaganda within the service of the regime, and so they pepper it with studies of the quite a few human rights abuses which can be being dedicated in Qatar. These are days of proposals and drastic measures. Denmark will use a T-shirt with the defend obscured as a protest. some captains they may shine bracelets claiming the LGTBIQ+ collective. Some European federations have even supported FIFA making a compensation fund for the households of the lifeless employees: 440 million {dollars}, the identical cash that might be devoted to the World Cup prizes. A extra discreet query floats within the air: who made cash whereas hundreds of employees died in Qatar?

86,000 million {dollars} is the quantity that banks and monetary establishments lent to the lodge and building corporations which have made the World Cup attainable

Truthful Finance Worldwide has revealed a report that features a determine that traces some solutions: 86,000 million {dollars}. It’s the quantity that banks and monetary establishments lent to lodge and building corporations which have made the World Cup attainable. Half of that cash was granted by European banks, led by the Germans, the British and the French. In Spain, BBVA lent 840 million {dollars}; Santander, 645 million; the Caixa, 136 million. In complete, the Spanish banks injected 1,843 million {dollars} in credit to the businesses that labored in Qatar. “We have been shocked that the position of European establishments was so nice,” Kees Kodde, head of tasks at Truthful Finance Worldwide, informed El Salto, including who the winners of the World Cup have been earlier than the ball started to roll: “The development corporations, lodge corporations and the Qatari authorities.” In response to this Dutch political scientist, the monetary sector has gained by diversifying its funding: “They’ve executed it in 3 ways: shopping for shares and bonds from building corporations and the lodge sector, lending them cash and shopping for sovereign bonds from the state of Qatar.” In complete, investments in these fields totaled 178,000 million {dollars}.

The place have been the businesses that obtained the development contracts from? Qatari legislation stipulated that joint ventures, with the intention to obtain a contract from the state, needed to have 51% of the capital in Qatari palms, however the remainder was for international traders. Among the many building corporations that obtained contracts in Qatar are corporations from France (Vinci and Bouygues), Italy (Webuild), Belgium (Besix) and Austria (Porr). Within the case of the Indian, Chinese language and South Korean building corporations, the European banks accessed part of the income by granting them loans.

In Spain, BBVA lent 840 million {dollars}; Santander, 645 million; the Caixa, 136 million. In complete, Spanish banks injected 1,843 million {dollars} in loans to corporations that labored in Qatar

The Spanish Sacyr and OHL have been additionally in Qatar. Within the case of OHL, in control of constructing the Doha metro, one in every of its subcontractors was accused by Amnesty Worldwide of protecting its employees in “very insufficient” situations: they’d not been given a residence allow and had difficulties accessing healthcare . When a few of the employees tried to flee the nation, the subcontracted firm prevented them from doing so. Within the case of the lodge sector, the nice beneficiaries are additionally Westerners: Marriott Worldwide, Hilton and Radisson (United States), Accor (France) and Intercontinental Resorts Group (United Kingdom). In Qatar there might be 44,000 lodge rooms able to welcome vacationers.

a symbiotic relationship

The 2008 disaster left the European economies touched. A few of them —reminiscent of Spain, Greece or France— have by no means recovered their pre-recession GDP. It was on this situation that Qatari cash started to purchase elements of the commercial and monetary sectors of assorted nations on the continent. In the UK, it injected cash into the Barclays financial institution, which didn’t need to ask for a ransom that it thought-about humiliating; he purchased part of the luxurious retailer Harrods and have become a shareholder within the firm that controls London’s Heathrow airport.

In 2017 the British Telegraph headlined that Qataris had thrice extra land in London than the Queen of England. The Qatari sovereign wealth fund and its subsidiaries purchased 17% of Volkswagen in Germany, 4% of the French oil firm Complete, and a number of other items in luxurious shops (Louis Vuitton), protection corporations (Airbus) or Spanish media teams reminiscent of PRISA . Its most acknowledged acquisition has been a soccer group: the French Paris Saint Germain, dominator of the French league because the arrival of the Qatari capital. “The previous Qatari prime minister additionally has shares in Deutsche Financial institution,” says Kodde. The Truthful Finance Worldwide report recollects that 6% of the financial institution’s shares are within the palms of Qatar: Deutsche Financial institution has lent virtually 16,000 million {dollars} between the Qatari authorities, building corporations and lodge corporations.

“The battle in Ukraine has modified the connection much more in favor of Qatar. Europe perceives itself as very depending on Qatar as a result of it has not lowered its use of gasoline and fossil fuels”, explains Kodde.

If till now this affect had been comparatively unknown to most of the people, the implications of the Russian invasion of Ukraine have highlighted it to a degree unimaginable to disregard. Europe wants gasoline and Qatar has 12% of the world’s reserves of this useful resource: “The battle in Ukraine has modified the connection much more in favor of Qatar. Europe perceives itself as very depending on Qatar as a result of it has not lowered its use of gasoline and fossil fuels”, explains Kodde. The authors of the report embrace a collection of suggestions to European corporations which have profited from the World Cup, and so they hope that in Europe the talk on the management of provide chains might be reopened. Proper now a European directive requires figuring out dangers in manufacturing chains, however Kodde regrets that the monetary sector isn’t included in the usual. “Many corporations within the monetary sector are not looking for these obligations, though we imagine that they will facilitate human rights violations by way of the businesses they finance.”

a brand new lighthouse

The group of the lads’s soccer World Cup is a part of an more and more lively Qatari international coverage. In his e-book “Rivals within the Gulf”, David H. Warren dissects the competitors between Qatar and the United Arab Emirates in the case of attaining a double goal: establishing themselves as vital facilities of Islamic thought and acquiring Western army safety. For Qatar, Muslims must look much less at what is alleged from Cairo (Egypt) or Medina (Saudi Arabia) and extra at what is alleged from Doha, the Qatari capital.

To realize this, they’ve financed their very own communication large, Al Jazeera, and have given the loudspeaker to a former militant of the Muslim Brotherhood, Yusuf Al Qaradawi. This Egyptian, put in because the Sixties in Qatar, has turn into a reference because of his sermons, whose peak second was the Arab Springs in North Africa. Al Qaradawi was in jail in Egypt for his militancy, and has unfold his Islamist creed because of state sources and assist. Identified for his or her position as mediators in numerous conflicts, the Qataris have supported Islamist teams in Libya after the autumn of Gaddafi, hosted the exile headquarters of the Afghan Taliban, and supported Morsi in Egypt throughout the transient interval of the Brotherhood’s rule. Muslims, till a army coup knocked him down. On the identical time, Qatar has a US army base, the nation from which it buys most of its weapons, and it presents itself as a key nation within the battle towards terrorism and extremist ideologies.

The Al Thani and the world they’ve created round them reside in that duality. It’s already noticeable within the days earlier than the World Cup: it’s his biggest presentation maneuver earlier than Westerners, however on the identical time it serves to vindicate the norms of a Muslim nation that won’t bow to his calls for. The homophobic feedback of a few of the Qatari ambassadors just a few days earlier than the beginning of the competitors serve this final goal. It’s a dangerous operation that’s splashing FIFA and the emirate, in keeping with Kodde: “Qatar needs to enhance its popularity as a rustic, and proper now there may be lots of criticism of the World Cup. The operation might not go as they wished. FIFA is accountable for this complete mess: they have been those who selected Qatar. FIFA president Gianni Infantino says there have been solely three deaths among the many employees and that they compensated the households. They’ve misplaced all credibility.

The brand new aristocracy seems the outdated aristocracy within the eye, respecting it however asking for its flip within the administration of worldwide affairs. For a month, because of soccer, Qatar will lastly be the middle of the world.

#Soccer #BBVA #Santander #winners #World #Cup #Qatar #Salto

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button