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Beirut’s Southern Suburbs: Real Estate Sales Driven by Fear of a New War
This is Beirut 2025-10-28 19:40 - Reading : 2 minute(s)
The southern suburbs of Beirut are reportedly seeing an unprecedented wave of real estate sales amid rising tensions between Israel and Hezbollah. A political and military stronghold of the pro-Iranian militia, this densely populated area was heavily targeted during the fall 2024 war and continued to face strikes even after the ceasefire reached ...
Israel Launches Air Strikes on Gaza, Says Troops Attacked
This is Beirut 2025-10-28 23:31 - Reading : 5 minute(s)
Nawaf Salam Benjamin Netanyahu Palestine Hamas
Gaza's civil defense agency said Israel carried out air strikes Tuesday despite an ongoing ceasefire after accusing Hamas of attacking its troops and violating the US-brokered truce. At least 11 people were killed when one strike hit a house in Gaza City, the agency, which operates as a rescue force under Hamas, said. Prime Minister Benjamin ...
Mali’s Fuel Crisis: A Nationwide Standstill
Christiane Tager 2025-10-29 10:00 - Reading : 3 minute(s)
Banks International Monetary Fund
Since early September, queues at gas stations in Bamako have been endlessly growing. The jihadist group JNIM (Jamaʿat Nuṣrat al-Islam wal-Muslimin) has blocked fuel convoys from Senegal and Côte d’Ivoire, destroying nearly 100 tanker trucks, according to the Associated Press (AP). As a landlocked country, Mali relies on imports for more ...
As US Blows Up Drug Boats, Venezuelan Oil Sets Sail
This is Beirut 2025-10-29 11:45 - Reading : 4 minute(s)
USA Donald Trump Venezuela Drugs
While the American military blows up boats it claims are transporting drugs from Venezuela, observers say tankers shipping Venezuelan oil in violation of a US embargo continue to navigate the very same Caribbean waters undisturbed. Venezuelan President Nicolas Maduro has claimed a massive US military deployment within striking distance of his ...
Copper Price Hits Record High on US-China Hopes of Trade Truce
This is Beirut 2025-10-29 13:20 - Reading : 1 minute(s)
USA China Copper Economy Trade
The price of copper reached a record high in trading Wednesday, the industrial metal boosted by hopes of a truce in the US-China trade war. Copper hit $11,143 a tonne on the London Metal Exchange, also on concerns about tight global supply as a major mine in Indonesia remains shut following a deadly mudslide last month. The new high beat the ...
Gold Demand Hit Records as Price Soared
This is Beirut 2025-10-30 09:25 - Reading : 2 minute(s)
Nawaf Salam USA Gold Jewelry Interest
Demand for gold hit a record high in the third quarter as the precious metal's price hit all-time highs on geopolitical unrest, industry data showed Thursday. Total demand grew three percent year-on-year in the July-September period to 1,313 tonnes, the World Gold Council said, as the metal, perceived as a safe haven investment, benefitted from ...
Saddi Warns Lebanon 'cannot bear any additional debt'
This is Beirut 2025-10-30 16:15 - Reading : 2 minute(s)
Lebanon EDL Joe Saddi Iraq Dubai South Lebanon
Energy and Water Minister Joe Saddi defended his ministry’s energy policy, stressing that Lebanon “has nothing to hide” and is working to stabilize electricity production despite severe financial and technical constraints. In an interview with LBCI, Saddi said that public institutions in the South, including Electricity of Lebanon (EDL) and ...
Asia Markets Mostly up on Heels of Apple, Amazon Earnings
This is Beirut 2025-10-31 09:30 - Reading : 2 minute(s)
New York Washington Apple iPhone
Asian stock markets mostly rose Friday morning, with a surge in Japanese shares coming after better-than-expected earnings reports from US tech behemoths Apple and Amazon. Investor confidence in artificial intelligence has fuelled a rally in global stock markets this week that saw California-based chip designer Nvidia become the first-ever $5 ...
Syrian Refugees’ Healthcare: End of Coverage Announced, a Looming Health Shock and Economic Headache
Makram Haddad 2025-11-01 09:00 - Reading : 5 minute(s)
Lebanon UNHCR Syrians in Lebanon Hospitalization
Since the start of the Syrian crisis, UNHCR has supported in Lebanon a hospital referral scheme (Referral Healthcare) alongside a network of primary care, allowing the most vulnerable to access deliveries, surgeries, and intensive care with a controlled out-of-pocket cost. In May 2024, for lack of funding, coverage was tightened to emergencies ...
‘Innovation’ in Destruction: The Forgery of University Degrees
Michel Touma 2025-11-03 09:00 - Reading : 4 minute(s)
Lebanon Amal Hezbollah United States University education
During one of his many mass rallies held in a French province, the leader of La France insoumise, Jean-Luc Mélenchon, told his supporters that it was important to constantly maintain a climate of aggression and escalating verbal tension in political discourse, combined with efforts to stir up persistent instability on the ground. His stated goal ...
Hungary Looking at Ways Around US Sanctions on Russian Oil: Orban
This is Beirut 2025-10-24 17:40 - Reading : 1 minute(s)
US Sanctions European Union Oil Hungary Russia
Hungarian Prime Minister Viktor Orban said Friday that his government was working on "ways to circumvent" US sanctions against Russian energy companies. The United States on Wednesday hit Russia's two biggest oil producers -- Rosneft and Lukoil -- with sanctions, the first against Russia since US President Donald Trump returned to ...
South Lebanon: Hezbollah and Christian Villages in Quiet Coexistence
Natasha Metni Torbey 2025-11-04 16:10 - Reading : 5 minute(s)
Lebanon Hezbollah South Lebanon Free Patriotic Movement Christians Shia
In some regions of southern Lebanon, particularly in Jezzine, Marjayoun, and Rmeish, predominantly Christian areas directly border localities where Hezbollah holds significant influence. These areas, where municipal networks, social structures, and political actors intertwine, reflect a deeply rooted sociopolitical reality shaped by geography, ...
Russian Reservists Face Call-Ups as Ukraine Hits Refineries
This is Beirut 2025-11-04 17:55 - Reading : 1 minute(s)
Russian President Vladimir Putin on Tuesday signed a law that allows using reservists to guard oil refineries after Ukrainian drone strikes led to gasoline shortages in some regions. Kyiv has been targeting Russian refineries in retribution for Moscow's drone and missile strikes in Ukraine, and in an attempt to cut off energy revenues that ...
Gold: Sell or Buy More?
Liliane Mokbel 2025-11-06 10:00 - Reading : 4 minute(s)
For years, gold was seen as a safe haven, more a way to store wealth than a true investment. Holding physical gold has traditionally been considered a long-term hedge against inflation. But the surge in the price of the yellow metal in 2025 has shaken that belief. With a rise of more than sixty percent since the start of the year, gold can no ...
Syrians Furious at Major Hike in Electricity Prices
This is Beirut 2025-11-06 13:55 - Reading : 3 minute(s)
Syria electricity poverty economy
In his workshop near the Syrian capital, Ghassan Aama is at a loss following a recent decision to massively hike electricity prices, even as much of the country continues to face extensive outages. Last month, the energy ministry raised prices by at least 60 times compared to the previous tariff, sending shockwaves through a population already ...
Lebanon Faces ‘Environmental Disaster’ From Syrian Refugee Camps
Hala Abdallah 2025-11-06 14:20 - Reading : 5 minute(s)
Lebanon Syrian refugees Syrian camps environment
Lebanon launched the eighth wave of voluntary returns of displaced Syrians on Thursday morning, with 448 refugees departing from the Rachid Karami International Fair in Tripoli toward the Al-Abbudieh border crossing in Akkar. The returnees were transported in five groups aboard 14 buses and 14 trucks, as part of an organized repatriation program ...
Hollywood Welcomes Back Meghan Markle in Upcoming Comedy Film
This is Beirut 2025-11-06 17:30 - Reading : 2 minute(s)
Nawaf Salam Film Meghan Markle Royals Britain Culture
Prince Harry's wife, Meghan Markle, is to make her return to the big screen, media reported Wednesday, with a small cameo role in a film being shot around Los Angeles. The Duchess of Sussex was reportedly shooting scenes for Close Personal Friends, which features Emily in Paris star Lily Collins alongside Jack Quaid, Brie Larson, and Henry ...
Writing Off Banks’ Capital Wipes Out Deposits
This is Beirut 2025-11-06 18:20 - Reading : 3 minute(s)
Lebanon Central Bank Karim Souhaid Yassine Jaber Economy Banks
The Governor of the Central Bank of Lebanon, Karim Souhaid, clarified the situation by declaring that Lebanon’s crisis is not purely a financial one but rather a systemic crisis in which the banking sector has become a victim. This is what Souhaid stated clearly during the parliamentary session dedicated to discussing the 2025 budget draft, ...
Napoleon’s Diamond Brooch to Shine at Sotheby’s Geneva Auction
This is Beirut 2025-11-07 10:30 - Reading : 2 minute(s)
Jewelry Auction Napoleon History Switzerland Culture
Spectacular diamonds valued at tens of millions of dollars will go under the hammer in Geneva next week, alongside a brooch seized from Napoleon as he fled the Battle of Waterloo. The unique brooch laden with old mine-cut diamonds, which has been valued at $150,000 to $250,000, will be the star piece at Sotheby's annual Royal & Noble Jewels sale ...
Hungary's Orban to Meet Trump in Face of Russia Oil Sanctions
This is Beirut 2025-11-07 11:31 - Reading : 3 minute(s)
Donald Trump European Union Viktor Orban Russia Oil Hungary
Hungary's nationalist Prime Minister Viktor Orban is due to meet Donald Trump in Washington on Friday for the first time since his ally was re-elected US president, as he seeks a waiver on American sanctions on Russian oil. The United States hit Russia's two biggest oil producers with sanctions last month, the first such measures ...
When Samir Hammoud Sacrifices Depositors to Please the IMF
This is Beirut 2025-11-07 15:20 - Reading : 4 minute(s)
Negotiation skills refer to the capacities and methods used by an individual when engaging in discussions with another party in order to reach an agreement that satisfies both sides, without sacrificing the rights or interests of either. Key negotiation skills include planning, managing expectations, persuasion, problem-solving, decision-making, ...
“If only I had known…” Once Again!
Marc Saikali 2025-11-08 08:00 - Reading : 2 minute(s)
Nawaf Salam Hamas Hezbollah South Lebanon
It was the famous line uttered by the late former secretary-general of Hezbollah after the disastrous war of 2006. Yet the pro-Iranian militia can’t seem to help itself — always eager to “help its neighbor,” especially when the one that pays the price is Lebanon. And so, it happened again in October 2023. The brilliant idea this time? ...
Raed Khoury: Eliminating Banks and Deposits Would Be a “Catastrophe”
Nadia Hallak 2025-11-08 09:00 - Reading : 4 minute(s)
Lebanon Economy IMF Banks Central Bank
As the financial collapse continues and losses keep mounting with no clear plan yet for their distribution, attention is once again turning to the stalled negotiations between the Lebanese government and the International Monetary Fund (IMF), amid conflicting official approaches on how to address the crisis and restructure the banking sector. The ...
Switzerland Has Crossed the Mountains
Marc Saikali 2025-11-09 09:30 - Reading : 2 minute(s)
Nawaf Salam Lebanon Damascus Hezbollah Tehran Syria
Sometimes symbolism says it all. On Monday, Syrian President Ahmad al-Sharaa will walk through the doors of the White House, a sight that would have seemed unthinkable a year ago. The world, it seems, has a soft spot for spectacular reinventions. Yesterday’s pariah has become today’s partner. Al-Sharaa, once a wanted man with a price on his ...
Ukraine Scrambles for Energy with Power Generation at 'Zero'
This is Beirut 2025-11-09 12:15 - Reading : 4 minute(s)
Ukraine was scrambling to turn lights and heating back on Sunday after Russian attacks targeting energy infrastructure, with the state's power provider saying its generating capacity was reduced to "zero." Moscow, which has escalated attacks on Ukraine's infrastructure in recent months, launched hundreds of drones at energy facilities across the ...
Lebanon’s Last Chance: Disarm Hezbollah or Risk Collapse
Amal Chmouny 2025-10-25 11:30 - Reading : 4 minute(s)
Nawaf Salam Lebanon Hezbollah United States Donald Trump
Lebanon’s long‑simmering debate over Hezbollah’s disarmament has sharpened into a defining confrontation between state sovereignty and a foreign‑backed militia. In Washington, the issue is becoming the centerpiece of US regional policy. For President Trump’s administration, Hezbollah’s disarmament is not merely a security objective but ...
George Clooney Explores Passage of Time in Netflix Film ‘Jay Kelly'
This is Beirut 2025-10-24 16:25 - Reading : 2 minute(s)
Nawaf Salam Film George Clooney Jay Kelly Culture
George Clooney plays an actor looking back at his past in Netflix's Jay Kelly, but in real life, the US star has his eyes on the future. "I'm not really ready to look backwards and sort of rest on it," the 64-year-old actor told AFP on Thursday at the film's premiere at the American Film Institute festival in Los Angeles. Unlike his title ...
US Gas: Washington Secures Its Place in Europe’s Energy Market
Christiane Tager 2025-10-10 21:30 - Reading : 3 minute(s)
Europe USA Washington Donald Trump European Union
For more than two years, Europe has sought to reduce its reliance on Russian gas, an effort accelerated by the war in Ukraine and rising geopolitical tensions. According to RFI, European firms, long hesitant to commit to long-term deals, are now turning to US liquefied natural gas (LNG) to secure reliable supplies. This shift represents a ...
Cocoa: Has the Sweet Boom Come to an End?
Christiane Tager 2025-10-18 16:00 - Reading : 3 minute(s)
The frenzy that gripped the cocoa market seems to be fading. In December 2024, the price per ton hit nearly $12,000, a historic high driven by fears of a worldwide shortage. However, since the summer of 2025, prices have dropped below $6,000, reaching their lowest point since February 2024, according to Bloomberg. This shift signals the end of a ...
White House Says ‘Substantial’ Shutdown Layoffs Have Begun
This is Beirut 2025-10-11 05:20 - Reading : 3 minute(s)
United States Donald Trump Government Politics
The White House said Friday it had begun mass layoffs of federal workers as President Donald Trump sought to amp up pressure on opposition Democrats to end a government shutdown that has crippled public services. With the crisis set to go into a third week and no off-ramp in sight, Trump's budget chief Russ Vought announced on social media ...