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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 ...
Iran Denounces 'Unjustifiable' Return of UN Sanctions
This is Beirut 2025-09-28 12:50 - Reading : 4 minute(s)
Iran on Sunday condemned as "unjustifiable" the reinstatement of United Nations sanctions over its nuclear program after the collapse of talks with Western powers and Israeli and US strikes on its nuclear sites. The measures, which bar dealings linked to the Islamic republic's nuclear and ballistic missile activities, took effect overnight after ...
Another Record High: Gold Shines Brighter Than Ever
This is Beirut 2025-09-29 14:00 - Reading : less than a minute
Gold Investments Dollar Washington Beijing
Gold continues to break records. The price per ounce (31.1 g) rose 1.3% on Monday, reaching $3,809, its highest level ever. The precious metal has surged 45% since the start of the year and nearly 130% over three years, outperforming most other investments. Several factors drive this gold rush: geopolitical uncertainties, from Russia’s invasion ...
Gold Hits New High Amid Safe-Haven Demand
This is Beirut 2025-10-01 12:10 - Reading : less than a minute
Gold prices hit a new all-time high on Wednesday, driven by a surge of investors seeking safe-haven assets following the official start of the U.S. government shutdown and disappointing employment data, which have strengthened expectations of an interest rate cut by the Federal Reserve. Spot gold rose 0.1% to $3,861.99 per ounce, after reaching a ...
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 ...
The Cartel of School Tuitions: How Lebanon’s Middle Class Is Being Crushed
Salam El Zaatari 2025-10-02 11:00 - Reading : 5 minute(s)
Today in Lebanon, the biggest mafia is not only in politics. It’s in education. Private school owners, especially the so-called “Catholic” and “Islamic” institutions that claim to serve God, have turned into a cartel, worshiping only the dollar. Their business model is not about forming the next generation of Lebanese geniuses, but ...
The IMF’s Lebanon Framework: Balancing State Debt with Depositor Rights
This is Beirut 2025-10-02 11:50 - Reading : 9 minute(s)
Lebanon IMF Central Bank Banks Depositors
As Lebanon faces multiple challenges with economic and financial recovery from the country’s 2019 economic collapse, two interconnected issues remain particularly controversial: recovering the money of Lebanese who lost access to their bank deposits and holding those responsible for squandering their money ...
Lebanon’s Gold Market: Fast Profits and the Risk of Disillusionment
Liliane Mokbel 2025-10-02 13:35 - Reading : 2 minute(s)
The country’s gold market has entered a phase of sharp volatility. Against the backdrop of a prolonged crisis, transactions are picking up in both directions: some are selling jewelry and bullion to lock in immediate gains, while others are rushing to buy the yellow metal, long regarded as the ultimate safe haven. This contradictory dynamic ...
Oil: Overflowing Supply, Clouded Outlook
Christiane Tager 2025-10-03 19:30 - Reading : 2 minute(s)
Oil markets face a striking paradox: crude prices remain resilient despite a looming oversupply. Global production is swiftly rising, yet the lack of reliable data on certain stockpiles and sanctioned oil makes it difficult to assess the true balance between supply and demand, according to Reuters and the Financial Times. Analysts agree that ...
Lebanon Rushes for Aluminium as Imports Surge
Liliane Mokbel 2025-10-04 14:00 - Reading : less than a minute
In the first half of 2025, aluminium imports rose by 70% compared with the average for the same period over the past four years. This increase reflects strong demand driven by reconstruction efforts. The price per tonne currently stands at around $4,234, slightly below the recent average of $4,700. However, it remains high compared to the peaks ...
Sudanese Struggle to Survive in Cities Starved Under Siege
This is Beirut 2025-10-06 14:10 - Reading : 4 minute(s)
Hundreds of thousands of Sudanese civilians trapped in cities under paramilitary siege are struggling to survive, eating leaves with no aid allowed in more than two years into their country's war. AFP spoke to people in three besieged cities still nominally under army control, but which are surrounded by paramilitary forces: North Darfur ...
How Much Do Iran’s Proxies Really Cost?
Natasha Metni Torbey 2025-10-07 10:00 - Reading : 9 minute(s)
Nawaf Salam Lebanon Hezbollah Iran
A US Treasury delegation has begun a series of meetings in Beirut with the Central Bank, several commercial banks, and government officials. The mission’s goal is straightforward: to assess how effectively sanctions meant to curb Hezbollah’s financing are being enforced on the ground. This timing of the visit is significant. On September ...
Retirement or Marketing Gimmick? Cryptic LeBron Video Sets Internet Buzzing
This is Beirut 2025-10-07 13:25 - Reading : 2 minute(s)
Lakers Basketball LeBron James NBA
A cryptic video shared by LeBron James set the Internet abuzz on Monday, with fans wondering if the NBA superstar was preparing to announce his retirement or simply another commercial venture. The 10-second video posted on James' social media channels teased that the Los Angeles Lakers star would reveal the "decision of all decisions" at 1600 GMT ...
From Crisis to Record: Why Gold Just Topped $4,000 an Ounce
This is Beirut 2025-10-08 08:35 - Reading : 3 minute(s)
Gold Economy World Ounce Record
Gold's relentless rise reached another milestone on Wednesday as the precious metal hit $4,002.95 an ounce for the first time. "Investors continue to bid up the price of gold, with the precious metal rising more than 50 percent year to date and nearly 12 percent in September alone – one of the strongest monthly performances on record," said ...
Ukraine Strikes Put Pressure on Russian Oil
This is Beirut 2025-10-08 09:25 - Reading : 3 minute(s)
Ukraine is intensifying strikes on Russian refineries and oil infrastructure, with more than 30 attacks since early August, aimed at weakening Moscow's ability to finance war against its neighbor. Current Consequence? Russia is the world's third-largest producer and second-biggest exporter of crude oil. Oil and gas revenues represented about 30 ...
Permanent and Semi-Permanent Products: The False Miracle You Must Avoid
Bélinda Ibrahim 2025-10-09 10:45 - Reading : 4 minute(s)
A flawless face, preserved for years or even a lifetime. Since the 1980s, these injectables have been marketed as the ultimate solution to aging and facial imperfections. They include liquid silicone, polymer gels, polymethylmethacrylate (PMMA) microspheres, polyacrylamide, and polyalkylimide. Their promise: long-lasting correction, stable volume, ...
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 ...
Botox: The Restorative Needle – Miracle or Risk?
Bélinda Ibrahim 2025-10-09 11:00 - Reading : 5 minute(s)
Looking to wipe out those stubborn lines at the corners of the eyes or across the forehead? Botox, the undisputed star of aesthetic medicine, promises this little miracle in under ten minutes – an ultra-fine needle, a few well-placed injections, and your face looks refreshed again, sometimes within a week. The secret? Type A botulinum toxin, a ...
Israel Says ‘All Parties’ Signed Phase One of Gaza Deal
This is Beirut 2025-10-09 17:45 - Reading : 5 minute(s)
Nawaf Salam Hamas Ceasefire Gaza
Israel said Thursday all parties have signed the first phase of a Gaza ceasefire and hostage release deal, adding that Hamas freeing the captives would "bring the end to this war". The agreement in Egypt follows a 20-point peace plan for Gaza announced last month by US President Donald Trump, after more than two years of war sparked by ...
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 ...
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 ...
'Massive Attack' Cuts Power in Ukrainian Capital
This is Beirut 2025-10-10 09:35 - Reading : 3 minute(s)
Volodymyr Zelensky Donald Trump Kyiv Ukraine United States
The Ukrainian capital was plunged into darkness early Friday by what the air force called a "massive attack", as Russia pummeled Kyiv's infrastructure, cutting off water and energy supplies. The Kremlin has escalated aerial attacks on Ukrainian energy facilities and rail systems over recent weeks, mirroring similar campaigns launched over the ...
Bitter Brew: The Soaring Cost of Your Morning Espresso
Christiane Tager 2025-09-10 12:30 - Reading : 3 minute(s)
Coffee Price Arabica Brazil Espresso
Thought your morning espresso was safe? Think again. In 2025, Arabica prices soared nearly 80%, according to Bellwether Coffee, and the rise shows no signs of slowing. The impact is felt by producers, cafés, and consumers alike. In Lebanon, where every price hike stings twice as much, savoring your coffee has become a luxury, with bitterness ...
Antitrust Cases Against US Tech Giants
This is Beirut 2025-09-03 09:55 - Reading : 3 minute(s)
Donald Trump Washington Google Amazon Meta
Launched under both the Trump and Biden administrations, five major antitrust cases from the Federal Trade Commission and the US Department of Justice are proceeding against major American technology companies. These cases represent a significant shift in antitrust enforcement in the United States, with regulators taking a more aggressive ...
EDL vs. Private Generators: Lebanon’s Daily Electricity Battle
Liliane Mokbel 2025-09-03 15:45 - Reading : 2 minute(s)
Lebanon EDL Central Bank of Lebanon Banks economy
Electricité du Liban (EDL) collection agents occasionally remember to bill subscribers. Neighborhood generator operators, on the other hand, never forget the last day of the month. They collect payments even before reading meters, already knowing exactly how much they will extract. The idea of EDL self-financing its fuel purchases remains ...
Iran’s Nuclear Defiance: Diplomacy on Hold, Escalation on Standby
Salam El Zaatari 2025-09-04 10:00 - Reading : 4 minute(s)
Nawaf Salam Iran Washington United States Donald Trump
By every measure that counts, Iran is once again daring the West to call its bluff. Less than three months after US and Israeli airstrikes tore into its nuclear facilities, Tehran has chosen defiance over accountability—expelling inspectors, hiding its enriched uranium stockpile and openly daring the international community to stop it. Europe ...
Sudan's RSF Commits 'Myriad Crimes Against Humanity': UN Probe
This is Beirut 2025-09-05 16:20 - Reading : 3 minute(s)
The paramilitary Rapid Support Forces in Sudan has committed numerous crimes against humanity in Sudan's civil war, in particular in its siege of El-Fasher in western Darfur, UN investigators said Friday. The United Nations' fact-finding mission for Sudan also found evidence of war crimes by both sides in the conflict between the regular ...
Cocaine Market: Low Prices, High Health Risks
Christiane Tager 2025-09-07 09:44 - Reading : 2 minute(s)
Lebanon Europe United Nations Drugs Cocaine
Cocaine prices are falling, but the risks are rising. In Lebanon, as elsewhere, a gram has never been cheaper. It may seem like a “good deal,” but behind the low price lies a harsh reality: regulated use, a growing number of addicts and mounting health risks. Cocaine, or “coke” to regular users, is circulating more freely than ever. ...
Daymeh: Less Waste, More Savings
Yara Germany 2025-09-07 10:00 - Reading : less than a minute
Tripoli Daymeh goods affordable consumption
In Tripoli, Daymeh gives unsold goods a second life by selling them at reduced prices. A simple idea – still rare in Lebanon – that changes the way we consume: more responsibly, more affordably. Would you give it a try?
Japan PM Ishiba Says to Resign
This is Beirut 2025-09-07 15:06 - Reading : 3 minute(s)
Japan's Prime Minister Shigeru Ishiba said on Sunday he would step down after less than a year in power, during which he lost his majority in both houses of parliament. The announcement means fresh uncertainty for the world's fourth-largest economy as it battles rising food prices and deals with the fallout of US tariffs on its vital auto ...