This is Beirut 2025-06-09 10:15 - Reading : 2 minute(s)
NATO Secretary General Mark Rutte on Monday was due to urge a "400-percent increase" in the transatlantic alliance's air and missile defence capacities in response to the threat from Russia. "We see in Ukraine how Russia delivers terror from above, so we will strengthen the shield that protects our skies," Rutte was due to say in a speech to the ...
This is Beirut 2025-06-09 09:05 - Reading : 3 minute(s)
Donald Trump USA China Exports
Chinese exports grew slower than expected in May, according to official data Monday, as shipments to the United States tumbled amid global trade turmoil triggered by Donald Trump's tariff blitz. The figures also showed imports suffered a forecast-beating drop, with weak domestic consumption in the world's number two economy highlighted by data ...
This is Beirut 2025-06-07 22:15 - Reading : 1 minute(s)
USA Donald Trump Republicans United Kingdom White House
Chinese Vice Premier He Lifeng will meet a US delegation for talks next week in Britain, Beijing announced Saturday amid a fragile truce in the trade dispute between the two powers. He will visit the United Kingdom from June 8 to 13 at the invitation of the British government, China's foreign ministry said in a statement. It said He and ...
Liliane Mokbel 2025-06-07 15:30 - Reading : 2 minute(s)
In times of crisis, gold stands as the ultimate pillar of stability. Timeless, reassuring and resistant to passing trends, it shines brighter as financial markets falter. But a critical question remains: which form of gold offers better protection in turbulent times — jewelry or bullion? And is resale truly profitable? Historically, when ...
Liliane Mokbel 2025-06-07 15:00 - Reading : 1 minute(s)
4,600 — that's the average number of passengers using public buses each day, one year after the launch of Lebanon’s state-operated public transport service, led by the Office of Railways and Public Transport. This marks a significant increase compared to the early days of the project, when daily ridership hovered between just 200 and 300 ...
Christiane Tager 2025-06-06 11:30 - Reading : 2 minute(s)
Lebanon Baalbeck Gulf Real Estate Property
During the first nine months of 2024, a total of 26,430 property transactions were recorded — an increase of 118% compared to 2023, according to well-informed sources. This surge is largely attributed to the resumption of land registry services after a prolonged administrative paralysis. The total value of sales reached nearly $1.85 billion. ...
This is Beirut 2025-06-06 10:45 - Reading : 2 minute(s)
Lebanon nightlife summer hospitality
The Syndicate of Owners of Restaurants, Cafés, Nightclubs and Pastry Shops officially announced that Lebanon’s hospitality and nightlife sector is fully ready for Summer 2025. “The tourism sector is fully prepared and will offer the highest level of service,” said Syndicate President Tony Ramy during a ceremony held on Thursday at ...
Maurice Matta 2025-06-05 16:00 - Reading : 4 minute(s)
Banque du Liban Central Bank of Lebanon International Monetary Fund Banks Joseph Aoun
The terms of the four vice-governors of the Lebanese Central Bank (BDL) will expire on June 11, along with those of the chairman and members of the Banking Control Commission, as well as three experts on the Capital Markets Authority. In line with Article 18 of the Code of Money and Credit, the governor of BDL is appointed by decree for a ...
This is Beirut 2025-06-05 12:05 - Reading : 4 minute(s)
Gamers finally got their hands on Nintendo's new Switch 2 on Thursday, the console that could score record early sales for the Japanese "Super Mario" creator. The device, which features a bigger screen and more processing power, is an upgrade to the Switch that became a global phenomenon with hit games such as "Animal ...
Christiane Tager 2025-06-05 10:10 - Reading : 2 minute(s)
Just two years ago, Brent crude neared $100 per barrel following Russia’s invasion of Ukraine. As of Tuesday, the European benchmark traded around $65.70 per barrel—a level unseen since the depths of the 2020 pandemic. This steep and unexpected decline baffled analysts, even as it offers welcome relief to consumers. At the core of this ...
This is Beirut 2025-06-04 22:30 - Reading : 4 minute(s)
Donald Trump United States China Tarrifs Xi Jinping
US President Donald Trump said Wednesday it is "extremely hard" to reach a deal with China over a trade impasse that has roiled global markets, while his doubling of metal tariffs fueled tensions with key partners. Trump's latest salvos came as ministers from Organisation for Economic Cooperation and Development (OECD) countries ...
Christiane Tager 2025-06-04 21:35 - Reading : 4 minute(s)
Lebanon Crisis Fuel prices Private sector
The Lebanese government seems to be taking its cue from an old maxim: “When in trouble, raise the taxes.” In a decision that hit like a bombshell, authorities announced a sharp hike in fuel prices – despite a global drop in oil costs. The official rationale? To fund social aid. The logic? Ease the burden on the poor by adding to the strain ...