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Brent Crashes: Black Gold Turns Weightless
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 ...
Lebanon’s Real Estate Market: Tentative Signs of Recovery Amid Persistent Challenges
Christiane Tager 2025-05-29 22:05 - Reading : 3 minute(s)
Lebanon Beirut corruption Achrafieh Baabda
The “political stabilization” that followed Aoun’s election in January delivered an immediate boost to Lebanon’s real estate market. “All the buyers who had been hesitant for years rushed in during the first quarter,” says Karl Kanaan, Sales Director at S. Gestion, speaking to This is Beirut. As a result, “A significant number of ...
New Metro Cuts Through Saudi Social Divisions
This is Beirut 2025-05-30 09:50 - Reading : 4 minute(s)
Saudi Arabia Transport Traffic Social Metro
For decades, civil servant Zayed al-Ghamdi's social circles in Saudi Arabia were more than predictable, bound by routine and kinship in a country where societal divisions have rarely been challenged. Then came the metro. A decade after breaking ground, Riyadh's gleaming new metro opened in December, offering the capital's eight million residents ...
The Cost of No Peace: What Lebanon Loses by Staying in a Perpetual State of 'Resistance'
Tara B. Moussallem 2025-05-30 10:50 - Reading : 5 minute(s)
Nawaf Salam Lebanon Peace Hezbollah
In Lebanon, the word “resistance” has long been romanticized—chanted in songs, woven into political slogans and wrapped in the symbolism of national pride. Yet, behind this idealized notion lies a sobering truth: Lebanon is a nation trapped in a permanent state of conflict, with its sovereignty and future held hostage by Hezbollah’s ...
African Art Reimagined at Met Museum’s Revamped Wing
This is Beirut 2025-05-30 14:00 - Reading : 3 minute(s)
From a delicate 13th-century clay figure to self-portraits by photographer Samuel Fosso, New York's Metropolitan Museum reopens its African art collection on Saturday, exploring the "complexity" of the past and looking to the present. After a four-year renovation with a $70 million price tag, the reopening of the Michael C. Rockefeller Wing comes ...
‘Let’s Take Off the Mask, Let’s Protect Our Health’ on World No Tobacco Day
Karl Hajj Moussa 2025-05-31 14:25 - Reading : 5 minute(s)
Lebanon Smoking Youth Public health Prevention Hôtel-Dieu de France
Indeed, 54% of adults over 18 are regular smokers. The situation among adolescents is equally concerning, as Lebanon ranks highest in the region for the number of young people – both girls and boys – who have tried cigarettes or hookah. Many begin smoking between the ages of 14 and 18, a crucial period during which they form their identities ...
Moroccan Women Stitch Their Way to Empowered Futures
This is Beirut 2025-05-31 15:10 - Reading : 3 minute(s)
Embroidery Art Morocco Culture Women
In a small village on the coast of southern Morocco, women gather in a house to create collaborative works of textile art, and also earn a living. Several hunch over large canvases, embroidering their latest piece at the women-only workshop, in the village of 400 people. Some of their works have been shown internationally. "This project has ...
Nintendo Aims to Match Switch Success with New Console
This is Beirut 2025-06-02 10:25 - Reading : 4 minute(s)
Nintendo hopes to match the runaway success of the Switch when its levelled-up new console hits shelves Thursday, with strong early sales expected despite the gadget's high price. Featuring a bigger screen and more processing power, the Switch 2 is an upgrade to its predecessor, which has sold 152 million units since launching in 2017 -- making ...
As Fuel Prices Climb, the State Taps Your Wallet
Christiane Tager 2025-06-02 19:50 - Reading : 2 minute(s)
Thursday night brought a shocking surprise at the fuel station: gasoline and diesel prices surged, despite a 17% drop in global oil prices since February. Yes, you read that correctly. While prices are falling worldwide, in Lebanon, they’re climbing. This is the Lebanese exception – flammable edition. In short, a price hike running completely ...
Taylor Swift Finally Reclaims Full Rights to Her Music
This is Beirut 2025-06-03 10:30 - Reading : 2 minute(s)
Taylor Swift Music Culture Art
Pop sensation Taylor Swift, who was locked in a feud with record executives since 2019 over ownership of her music, has bought back the rights to her entire back catalog, she said Friday. "All of the music I've ever made ... now belongs ... to me," she wrote on her website, after years of disputes over her first six albums, a number of which she ...
Three Paths for Lebanon: Hostility, Armistice or Peace
Bassam Abou Zeid 2025-06-03 15:40 - Reading : 3 minute(s)
Nawaf Salam Lebanon Hezbollah Palestine PLO
Lebanon today stands at a crossroads in its relationship with Israel, facing three distinct options: to maintain a state of war and hostility, to return to the 1949 armistice agreement, or to pursue peace and normalization. The Path of Hostility If Lebanon chooses to remain in a state of active hostility, the cost will be borne heavily by its ...
Food Prices Hold Steady on the Eve of Adha
This is Beirut 2025-06-03 16:15 - Reading : 1 minute(s)
As Eid al-Adha approaches, Lebanese households can find some reassurance: prices of imported food items are expected to remain stable, offering a rare moment of relief amid ongoing economic challenges. Hani Bohsali, President of the Lebanese Food Importers’ Union, confirmed that no significant increase in imported food prices is anticipated in ...
Sancho to Leave Chelsea After Loan Spell: Reports
This is Beirut 2025-06-03 18:45 - Reading : 2 minute(s)
Sancho Chelsea Football Manchester United
Chelsea has rejected the chance to sign Jadon Sancho permanently from Manchester United after the winger failed to agree to personal terms at Stamford Bridge, reports said Tuesday. The 25-year-old joined Chelsea on loan in August last year in a deal that featured an obligation to buy him for up to £25 million ($34 million). The Athletic ...
Soaring Sheep Prices Mark Eid al-Adha Preparations Across Arab World
This is Beirut 2025-06-04 20:10 - Reading : less than a minute
As Eid al-Adha nears, the traditional livestock markets across the Arab world are bustling. But this year, as in previous ones, it’s the steep cost of sheep that’s drawing the most attention. A regional survey by Al Jazeera Economy highlights stark price variations that mirror broader economic disparities. In crisis-hit Lebanon, families can ...
Running Low? Unleaded to the Rescue
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 ...
Cannes Red Carpet Gets a Second Life in Marseille
This is Beirut 2025-06-05 10:30 - Reading : 3 minute(s)
Cannes Marseille Cinema Movie Culture Art
Walked on for fifteen days by the biggest stars in global cinema, the iconic red carpet of the Cannes Film Festival is now getting a second life in Marseille. Designers, theater troupes, and fashion collectives are repurposing the material into new creative works. “We sell it as a basic fine red carpet, not as the Cannes red carpet,” said ...
Canberra Stands Firm as Washington Reassesses Submarine Pact
This is Beirut 2025-06-12 10:15 - Reading : 3 minute(s)
Australia United States AUKUS Donald Trump
Australia said Thursday it is "very confident" in the future of a US agreement to equip its navy with a fleet of nuclear-powered submarines, after the Trump administration put the pact under review. The 2021 AUKUS deal joins Australia, the United Kingdom, and the United States in a multi-decade effort to balance China's growing military ...
Gamers Get Hold of Nintendo's Hotly Awaited Switch 2
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 ...
First-Ever Hermès Birkin Bag Heads to Auction in Paris
This is Beirut 2025-06-05 16:00 - Reading : 2 minute(s)
Fashion Hermes Birkin bag Sotheby's France Culture
The first Birkin bag that was designed by French luxury brand Hermes for actress Jane Birkin in 1984, will be auctioned in Paris on July 10, auction house Sotheby's said Thursday. The large black leather tote, whose design went on to become one of the most famous and expensive bags in the world, will be the centerpiece of the "Fashion Icons" ...
Pharmaceutical Counterfeiting: Lebanon Sick from Its Own Medicines
Makram Haddad 2025-06-06 11:00 - Reading : 6 minute(s)
Lebanon Medicines Mounjaro Pharmaceutical Counterfeiting
It heals; it soothes; it saves. Or at least, that’s what we think. Because not all medicines sold in Lebanon are what they claim to be. Many products escape control: copies without active ingredients, or made from toxic substances disguised in a reassuring appearance. A Medicine Almost Like Any Other The World Health Organization’s ...
Lebanon’s Real Estate: The Cautious Return of Arab Investors
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. ...
Jbeil's Municipality Clarifies Its Summer Beach Rules
This is Beirut 2025-06-06 16:30 - Reading : 3 minute(s)
Lebanon Byblos Beach Summer Jbeil
At the start of the summer season, the Municipality of Jbeil (Byblos) has announced a series of measures aimed at ensuring the safety, cleanliness, and comfort of its beachgoers. Elise Merhej, a member of the Jbeil Municipal Council, issued a clarification that explained that these decisions stem from the municipality’s responsibility to ...
Syrian Authorities Announce Closure of Notorious Desert Camp
This is Beirut 2025-06-07 15:30 - Reading : 2 minute(s)
Syria Rukban Camp Bashar al-Assad displaced
A notorious desert refugee camp in Syria has closed after the last remaining families returned to their areas of origin, Syrian authorities said on Saturday. The Rukban camp in Syria's desert was established in 2014, at the height of Syria's civil war, in a de-confliction zone controlled by the US-led coalition fighting the Islamic State group, ...
Gold in Uncertain Times: Jewelry vs. Bullion
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 ...
China Exports Slow as Trade War Takes Toll
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 ...
Global Cybercrime Losses Hit $9.5 Trillion in 2024
This is Beirut 2025-06-09 15:15 - Reading : less than a minute
Artificial Intelligence Cost of Data Breaches SoSafe
The global cost of cyberattacks soared to an estimated $9.5 trillion in 2024, underscoring an alarming rise in digital threats facing businesses, governments and critical infrastructure, according to a new report by cybersecurity firm BD Emerson. IBM’s annual Cost of Data Breaches report revealed that the average data breach cost surged to ...
US Messages to Lebanon: Is the Government Listening?
Philippe Abi-Akl 2025-06-10 08:30 - Reading : 5 minute(s)
Nawaf Salam Lebanon Lebanese Army Donald Trump UN Resolution 1701
Sources familiar with the matter report that President Donald Trump is undertaking a sweeping reassessment of his administration’s inner circle ahead of the self-imposed June deadline for negotiations with Iran. The shake-up comes amid rising internal friction—particularly between Vice President JD Vance and Trump’s son, Donald Trump ...
'Despair': a Forgotten Rodin Sculpture on Piano Sells for One Million
This is Beirut 2025-06-10 12:00 - Reading : 1 minute(s)
Rodin Sculpture Art Culture Despair France
The owners thought the sculpture perched for years on the corner of a piano was a Rodin copy, but after being declared as the real thing, the small marble figure has now sold for one million dollars at auction, organizers said Monday. Described as an "extremely rare" find by auction organizer Aymeric Rouillac, the figure was in fact an 1892 work, ...
Nintendo’s Switch 2 Becomes Fastest-Selling Console in History
This is Beirut 2025-06-11 09:25 - Reading : 3 minute(s)
Nintendo Japan Gaming Switch 2
The Switch 2 has smashed records to become the fastest-selling console ever after gamers snapped up 3.5 million units in its first four days, Nintendo said Wednesday. Featuring a bigger screen and more processing power, the console is an upgrade to the original Switch – the third best-selling console of all time. It was released last Thursday ...
Lebanese Transport Strike Suspended After Promises of Relief
This is Beirut 2025-06-11 13:15 - Reading : 2 minute(s)
Lebanon Fuel Transport Wages Strike
Lebanon’s land‑transport unions have suspended the nationwide strike planned for Thursday after a tentative agreement from the government to cushion spiralling fuel costs and extend public‑sector pay rises. Following a two‑hour meeting at the Government Palace chaired by Prime Minister Nawaf Salam, Minister of Labor Mohammad Haidar ...