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Russia Resumes Moscow-Pyongyang Commercial Flights
This is Beirut 2025-07-28 09:05 - Reading : 2 minute(s)
Russia NKorea Aviation Diplomacy
A Russian passenger jet landed at North Korea's main airport Monday, a flight tracking site showed, completing the first commercial leg in decades between capitals of the allied countries. Russia and North Korea have pulled closer in the last year, with Pyongyang sending weapons and troops to aid Moscow's war in Ukraine -- likely in exchange for ...
Defending Champions England Beat Spain on Penalties to Win Women's Euro 2025
This is Beirut 2025-07-28 13:20 - Reading : 4 minute(s)
England Euro 2025 football Women
Chloe Kelly converted the decisive kick as England beat Spain 3-1 on penalties to win the Women's Euro 2025 after Sunday's final had finished 1-1 at the end of extra time, allowing the Lionesses to avenge their defeat in the World Cup final of two years ago and retain their continental crown. It looked as though Spain would repeat their victory ...
Work, Pensions and Wages on the Agenda of the Price Index Commission
This is Beirut 2025-07-28 16:00 - Reading : 2 minute(s)
Lebanon wages ministry of work pensions
Salaries, social security, pensions and educational cooperation were the focus of Monday's meeting of the Price Index Commission, chaired by Labor Minister Mohammad Haidar. The goal: to move beyond symbolic discussions and take action. At the end of the meeting, Minister Haidar told the press that these meetings will continue until December in ...
Expats in Lebanon: Celebrating Togetherness Amid Economic Strain
Marilyne Jallad 2025-07-28 17:30 - Reading : 4 minute(s)
“Expats, I adore you! I was so happy to see you again and spend time together, especially after the summer of 2024, when war was raging between Israel and Hezbollah and we were overwhelmed by bad news and constant bombardment,” says Kareen, whom we met in downtown Beirut. Still, she adds a note of frustration. “It was really ...
Five Products to be Hit by Trump's Incoming Tariffs
This is Beirut 2025-07-30 09:35 - Reading : 3 minute(s)
The United States is set to raise tariffs on dozens of trading partners Friday if they fail to reach accords with President Donald Trump to avert the higher rates, and this risks raising prices for consumers. Economists have warned that steeper US tariffs, paid for by importers of foreign products, could add to business costs and trickle down to ...
From Boom to Bust: Lebanon’s Solar Market Collapses
Liliane Mokbel 2025-08-09 15:00 - Reading : 1 minute(s)
In just a few months, the sun has set on Lebanon’s booming solar panel market. According to customs data, imports dropped by 72% in the first half of 2025 compared to the same period last year. The total value fell to $21 million, down from $75 million in 2024, with volumes shrinking from 34,000 tons to 11,000 tons. The contrast is even ...
Gucci owner Kering posts 46% profit slump before new CEO arrives
This is Beirut 2025-07-30 14:00 - Reading : 3 minute(s)
Gucci Fashion Luxury Art Culture
French luxury group Kering reported Tuesday a 46 percent plunge in net profit during the first half, with sales slumping again at its flagship Gucci brand, as the group awaits a new CEO to try to regain its footing. Group net profit fell to 474 million euros ($547 million) in the first half from 878 million in the same period last year, on sales ...
The Old Continent in Turnberry: Strategic Compromise or Keen Submission?
Mario Chartouni 2025-07-30 16:30 - Reading : 4 minute(s)
European Union United States Donald Trump Ursula Von Der Leyen
A new trade agreement between the European Union (EU) and the United States was reached on Sunday in Turnberry, Scotland, after weeks of tense negotiations. The pact sets a 15% tariff on most European goods exported to the US market, narrowly avoiding a trade war, but leaving a bitter taste in Brussels. While it marks a tariff truce, the deal has ...
Lebanese Weddings: A Factory of Bliss and Big Bucks
Christiane Tager 2025-07-31 17:00 - Reading : 3 minute(s)
Lebanon Summer Weddings Economy
Today, Lebanese weddings are no longer just about love; they’re major financial productions. Each celebration activates an entire economic ecosystem: fully booked wedding planners, photographers and videographers charging thousands of dollars, gourmet caterers offering five-star menus, florists capable of transforming any venue into a lush ...
Eight OPEC+ Countries Raise Production by 547,000 Bpd
This is Beirut 2025-08-03 17:20 - Reading : 3 minute(s)
Saudi Arabia, Russia and six key members of the OPEC+ alliance said Sunday they will increase production by 547,000 barrels a day in a move that analysts say aims to regain market share amid resilient crude prices. Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria and Oman, along with the Saudis and Russians, together nicknamed the ...
Italy’s Fast Fashion Hub Turns Into Chinese Mafia Crime Battleground
This is Beirut 2025-08-04 13:30 - Reading : 5 minute(s)
Fashion Italy China Culture Art Fast-fashion
When Zhang Dayong lay in a pool of blood on a sidewalk in Rome after being shot six times, few suspected a link to Italy's storied textile hub of Prato. But a "hanger war" is raging in the city near Florence — turning Europe's largest apparel manufacturing center and a pillar of Made in Italy production into a battleground for warring Chinese ...
The Shebaa Question: Sovereignty, Strategy, and the Price of Peace
Philippe Abi-Akl 2025-08-05 08:30 - Reading : 5 minute(s)
UN Security Council Damascus Donald Trump Hezbollah Shebaa
Since the fall of Bashar al-Assad and the rise of Ahmad al-Sharaa as Syria’s president, the political landscape has dramatically shifted. Long-held narratives have unraveled, and entrenched positions reversed, including those concerning territory, borders, and the disputed Shebaa Farms. No longer using Shebaa as a pretext for resistance under ...
Saudi Aramco Profit Drops 22 Percent on Lower Prices
This is Beirut 2025-08-05 10:05 - Reading : 1 minute(s)
Gulf Middle East Saudi Energy Oil Aramco
Saudi Aramco's profit slid 22 percent in the second quarter to 85 billion riyals ($22.67 billion) as a slump in prices hit revenues, the oil giant said on Tuesday. Aramco, the world's biggest oil exporter and driver of the Saudi economy, has now seen profits decline for 10 straight quarters since record results in late 2022. "The decrease in ...
Climate Disruption Drives Up Grocery Costs
Christiane Tager 2025-08-05 10:30 - Reading : 3 minute(s)
Lebanon New York United Kingdom Japan Climate
There was a time when fuel prices were the main concern. Today, it’s the cost of food that’s raising eyebrows. What ends up on our plates is no longer determined solely by supply, demand or inflation. Temperature has become a key factor. Behind the sharp rise in food prices, a quieter but increasingly decisive force has emerged: climate ...
Thousands in Besieged Sudan City at 'Risk of Starvation'
This is Beirut 2025-08-05 15:20 - Reading : 2 minute(s)
Thousands of families trapped in a besieged city in war-torn Sudan's west are at "risk of starvation", the World Food Program warned on Tuesday. Since May last year, El-Fasher, the state capital of North Darfur, has been under siege by the paramilitary Rapid Support Forces (RSF), who have been at war with the army since April ...
Wirtz Unfazed By Huge Liverpool Price Tag
This is Beirut 2025-08-05 18:55 - Reading : 3 minute(s)
Florian Wirtz says his huge price tag "doesn't matter" as he prepares for his first season in the Premier League after a switch to champions Liverpool from Bayer Leverkusen. The attacking midfielder arrived at Anfield for an initial £100 million ($132 million) that could rise to £116 million with add-ons, making his move a potential British ...
Natural Disasters Caused $135 BN in Economic Losses in First Half of 2025
This is Beirut 2025-08-06 13:35 - Reading : 1 minute(s)
switzerland insurance climate Economy
Natural disasters caused $135 billion in economic losses globally in the first half of 2025, fuelled by the Los Angeles wildfires, Swiss Re said Wednesday. Swiss Re, which serves as an insurer of insurance companies, said first half losses were up from the $123 billion in the first half of 2024. The Zurich-based reinsurance giant estimated that ...
Liverpool Set To Cut Losses With Nunez Move To Saudi
This is Beirut 2025-08-06 19:00 - Reading : 1 minute(s)
Darwin Nunez Liverpool England
Liverpool striker Darwin Nunez is reportedly closing in on a move to Saudi club Al Hilal, which could allow the Premier League champions to make a fresh bid for Newcastle's Alexander Isak. Nunez joined the Reds for an initial 75 million euros ($87 million, £65 million) from Benfica three years ago but has failed to live up to that price ...
Sales in Lebanon: Swing Between Bargains, Illusions and Economic Survival
Christiane Tager 2025-08-08 16:20 - Reading : 3 minute(s)
Lebanon Economy Shopping Sales
For many Lebanese, sales are the only time of year when long-desired items become remotely affordable: a pair of sneakers, a designer dress or a household appliance. With wallets worn thin by inflation, a devalued currency and eroding purchasing power, discounts provide a much-needed breather. But while some shoppers welcome the relief, others ...
Indian PM Modi Says Had 'Good' Conversation with Putin
This is Beirut 2025-08-08 16:55 - Reading : 2 minute(s)
Donald Trump Vladimir Putin Modi Russia India
Indian Prime Minister Narendra Modi said he had "a very good" conversation with Russian President Vladimir Putin on Friday, during which they discussed Ukraine and ways to strengthen bilateral ties. "Had a very good and detailed conversation with my friend President Putin. I thanked him for sharing the latest developments on Ukraine," Modi posted ...
Taylor Swift and Travis Kelce Confirm Engagement in Style
This is Beirut 2025-08-27 14:00 - Reading : 2 minute(s)
Taylor Swift Travis Kelce Music Art
Pop superstar Taylor Swift and American football player Travis Kelce announced their engagement on Tuesday, setting the stage for a high-profile wedding for one of the world's biggest celebrity couples. A joint post on their Instagram pages showed pictures of Kelce on one knee making his marriage proposal in a flower-laden garden, and then Swift ...
Schools and Universities: The Steep Price of Education
Christiane Tager 2025-08-28 12:00 - Reading : 2 minute(s)
LAU AUB School Tuition Scholarship
Back-to-school season in Lebanon has never been more daunting. Several private schools have raised tuition fees by 50 % to more than 120 % for the 2025–2026 academic year, nearly reaching pre-2019 economic collapse levels. At the university level, dollarization has turned tuition into an almost insurmountable challenge. Annual fees at the ...
Hyaluronic Acid: The Art of Volume… and Excess
Bélinda Ibrahim 2025-10-09 11:00 - Reading : 5 minute(s)
Volumizing, hydrating, natural: hyaluronic acid has become the star of facial fillers. But behind its popularity lie potential complications: delayed reactions, migration, granulomas and product choice… In Lebanon, an early surge in demand has also been reported by Professor Roland Tomb, Honorary Dean of the Faculty of Medicine at Saint Joseph ...
Sweeping UN Sanctions Return To Hit Iran After Nuclear Talks Fail
This is Beirut 2025-09-28 05:25 - Reading : 4 minute(s)
Widespread UN sanctions against Iran returned into force late Saturday for the first time in a decade, after last-ditch nuclear talks with Western powers failed to produce a breakthrough. The sanctions, three months after Israel and the United States bombed Iran, bar dealings related to Tehran's nuclear and ballistic missiles program and are ...
Lebanese Businesses Reject Proposed 3% Tax
This is Beirut 2025-09-22 11:40 - Reading : 2 minute(s)
Lebanese business organizations voiced strong opposition on Monday to a proposed 3% tax outlined in Article 31 of the 2026 draft budget, describing it as illogical, inflationary, and punitive for compliant companies in a country where the informal economy thrives. Officially framed as an advance on income tax, the measure, business leaders warn, ...
Armani’s Legacy Honored at Milan Fashion Week Opening
This is Beirut 2025-09-22 13:00 - Reading : 3 minute(s)
Milan Fashion Week Italy Culture Art Giorgio Armani Show
Milan Fashion Week opens Tuesday, a feast of Italian style set to be dominated by the late Giorgio Armani's final collections and new faces at Gucci and Versace. Prada, Dolce & Gabbana, Max Mara, Fendi, Roberto Cavalli, Ferragamo, and Bottega Veneta are among those showcasing their Spring/Summer 2026 women's collections throughout the week. But ...
Consumer Prices Rise by 0.56% in August
This is Beirut 2025-09-22 20:10 - Reading : less than a minute
Lebanon Economy Lebanon’s Central Administration of Statistics Consumer Price Index
Lebanon’s Central Administration of Statistics (CAS) reported that the Consumer Price Index (CPI) rose by 0.56% in August 2025. On a year-on-year basis, the index increased by 14.17%, the agency said in a statement. The highest monthly increases were recorded in the North Lebanon governorate (+0.96%), followed by South Lebanon (+0.80%), Beirut ...
Motswedi: Botswana’s 2,488-Carat Gem Draws Global Cultural Interest
This is Beirut 2025-09-23 16:50 - Reading : 2 minute(s)
Mining Luxury Museum Belgium Botswana Canada Culture
The world's second-largest diamond could soon find a new home in a museum or a sheikh's collection, but first needs to be properly evaluated, the Belgian firm holding it told AFP Monday. Unearthed last year in Botswana, the 2,488-carat stone known as Motswedi is currently being analyzed by gem dealer HB Antwerp in the namesake port city ...
Lebanon Moves Toward Clean Energy with New Solar Farms
This is Beirut 2025-09-23 18:55 - Reading : 1 minute(s)
Lebanon EDL Middle East CMA CGM Joe Saddi Beqaa North Lebanon Mount Lebanon
Lebanon took a significant step toward its energy transition on Tuesday, as Minister of Energy Joe Saddi signed power purchase agreements with Joe Dakak, managing director of CMA CGM in Lebanon and the Middle East. The contracts authorize Merit Invest, a subsidiary of the French shipping giant, to develop three solar farms with a total capacity of ...
Iran's Carpet Industry Unravelling Under Sanctions
This is Beirut 2025-09-24 09:15 - Reading : 5 minute(s)
United States USA Sanctions Iran Persian carpets
Once a symbol of cultural prestige, Iran's handmade rugs are no longer selling as fast as they once did, as sanctions weigh on an already troubled economy and buyers' tastes change. Commanding more than $2 billion in export revenues in its heyday of the early 1990s, the industry now struggles to scrape together around $40 million, marking a ...