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Breaking the Crowdfunding Myth: The Digital Architecture Funding Iran’s Proxy Wars
Ian Talley 02/03 16:05 - Reading : 674 minute(s)
Lebanese Forces USA G7 Hamas Hezbollah Iran
For years, Iran’s use of cryptocurrency was written off as pocket-change militant fundraising. A slew of enforcement actions now shows something far more consequential: Tehran and its terror allies have woven digital assets into the core financial architecture that bankrolls their war machines. By integrating crypto into their control of ...
Qatar Downs Iran Warplanes, Halts LNG Production as Gulf Crisis Deepens
This is Beirut 02/03 19:45 - Reading : 3 minute(s)
Gulf Bahrain Kuwait Middle East Saudi Arabia Iran
Qatar shot down two Iranian fighter jets and halted LNG production over Iran's latest strikes, sending prices soaring, as the Gulf crisis escalated sharply on Monday. Qatar's air force downed two Sukhoi SU24 bombers, the defence ministry said -- the first such action by a Gulf country after three days of Iranian bombardment. The wealthy region ...
Day 4 of Iran’s Gulf Campaign: Missile and Drone Strikes Rock Gulf States
This is Beirut 03/03 13:35 - Reading : 2 minute(s)
Gulf Bahrain Europe Israel Kuwait
On the fourth consecutive day of Iranian attacks across the Gulf, multiple countries have been targeted with missiles and drones, prompting evacuations, air defence responses, and widespread concern for civilian safety. "The enemy must await continuous punitive attacks; the gates of hell will open more and more, moment by moment, upon the United ...
Israel Signals Unwavering Resolve to Eliminate Hezbollah
Samar el Kadi 03/03 14:45 - Reading : 2 minute(s)
Hezbollah Israel Lebanon Baalbeck Lebanese Army
Lebanon was drawn into the widening Middle East war on Monday after Hezbollah fired rockets toward Israel, saying the attack was in support of its backer Iran and in retaliation for the killing of Iran’s Supreme Leader, Ali Khamenei. Israel responded with intense airstrikes, targeting Hezbollah strongholds in Beirut’s southern suburbs, the ...
Iran Says Will Hit All Mideast Economic Hubs if U.S.-Israeli Attacks Persist
This is Beirut 03/03 18:15 - Reading : less than a minute
Iran USA Israel Gulf MiddleEastWar Trump
An Islamic Revolutionary Guard general warned Tuesday that continued U.S.-Israeli attacks would see Iran conduct reprisals against "all economic centers" in the Middle East. "We are saying to the enemy that if it decides to hit our main centers, we will hit all economic centers in the region," said Ebrahim Jabbari. "We have closed the Strait of ...
Oman Navy Rescues Crew of Ship Hit by Missiles in Hormuz Strait
This is Beirut 04/03 17:50 - Reading : 1 minute(s)
Oman Iran United States Hormuz Gulf Strikes
The Omani navy rescued 24 crew members of a Malta-flagged container ship struck by missiles while transiting the Strait of Hormuz on Wednesday, state media said, as Iran pressed its Gulf retaliation campaign. The cargo ship was "hit by two missiles" and Oman's royal navy rescued its "crew of 24 people" who are now in good ...
Israel Minister Warns Gaza-Like Destruction as Army Widens Lebanon Evacuation Calls
This is Beirut 05/03 17:20 - Reading : 2 minute(s)
Lebanon Hezbollah Israel Evacuations Strikes
Minister of the Israeli Finance Ministry Bezalel Smotrich warned that Beirut’s southern suburbs will be like Khan Younis, Gaza, a city that has faced great destruction since the Gaza war began. ”Very soon Dahiyeh will resemble Khan Yunis,” Smotrich said during a visit to the Lebanese-Israeli border. “Hezbollah made ...
Tehran Shopkeepers Shut Stores Over Economic Hardship, Currency Volatility
This is Beirut 2025-12-29 14:35 - Reading : 2 minute(s)
Tehran Economy Currency Sanctions protests
Some shopkeepers in Tehran closed their stores on Monday in protest against economic hardships and sharp swings in Iran's embattled currency, Iranian media reported, following similar demonstrations a day earlier. State news agency IRNA said some shopkeepers and traders at Tehran's bazaar "have closed or partially closed their stores," adding ...
Syria to Start Replacing Currency from Jan 1: Central Bank Chief
This is Beirut 2025-12-25 18:00 - Reading : 2 minute(s)
Banks Damascus United States Syria Currency
Syria's central bank chief said Thursday that the country's currency would start to be replaced with a revamped version from January 1, as Damascus tries to relaunch its economy after emerging from the rule of ousted leader Bashar al-Assad last year. Improving the standing of the Syrian pound is among the greatest challenges for Syria's new ...
Israeli Army Strikes Central Beirut, Oil Depots in Tehran
This Is Beirut 08/03 09:10 - Reading : 2 minute(s)
The IDF targeted Iranian commanders in the Ramada hotel in Beirut’s central Rauoche neighborhood early on Sunday, killing four and injuring ten others. The attack, described by the Israeli Army as a targeting “Quds Force's Lebanon Corps,” represents the first Israeli strike to hit the heart of Beirut since hostilities ...
'El Sueño': Frida Kahlo Sets Historic Auction Record With Iconic Painting
This is Beirut 2025-11-21 12:00 - Reading : 2 minute(s)
Painting Frida Kahlo Auction Art Culture NYC
A self-portrait by legendary Mexican artist Frida Kahlo sold for $54.66 million in New York on Thursday, setting a new record for the price of a painting by a woman, the auction house Sotheby's said. The sale of Kahlo's 1940 artwork, titled El sueño (La cama) — which translates to The Dream (The Bed) — breaks the previous record in this ...
Thieves Steal Ancient Treasures From Syria’s National Museum
This is Beirut 2025-11-11 14:30 - Reading : 2 minute(s)
Museum Art Theft Ancient Artifacts Heritage Syria Culture
Thieves made off with several ancient gold ingots from Syria's national museum in Damascus, a security source and another close to the institution's management said Tuesday. The museum was spared during Syria's destructive civil war that ran from 2011 to late last year and houses priceless artifacts dating back to antiquity. The robbery took ...
For Many Syrians, Ahmad al-Sharaa's US Visit Marks New Beginning
This is Beirut 2025-11-11 20:10 - Reading : 3 minute(s)
Nawaf Salam Syria United States Ahmad al-Sharaa
On the streets of Damascus on Tuesday, Syrians viewed their leader's visit to Washington as a shift towards the West that could pave the way to reviving the country's war-battered economy. On Monday, Donald Trump received Ahmad al-Sharaa, a first for a Syrian head of state since independence in 1946 and a crowning achievement for the ...
The Power Cartel: Inside, a State Run on Generators
Natasha Metni Torbey 2025-11-12 15:55 - Reading : 5 minute(s)
Lebanon EDL electricity generators Mafia
Lebanon is trapped in an opaque, sprawling energy system that keeps the country locked in an outdated model. Massive fuel imports, a relentless reliance on private generators, a fragile or even nonexistent national sovereignty, and a perpetually postponed shift to renewable energy all feed chronic dependency and block meaningful reform. This ...
Caesar Act Suspended: Can Lebanon Ride Syria’s Recovery?
Mario Chartouni 2025-11-13 13:35 - Reading : 4 minute(s)
Damascus Saudi Arabia Washington
For the first time since 2019, Washington has eased sanctions on Damascus, granting a 180-day exemption under the Caesar Act to allow certain “humanitarian” and “civilian” transactions. The move, though temporary, carries clear political weight. It appears to be a test to see how far neighboring countries can reconnect with the Syrian ...
Diabetes: The Heavy Cost of Delays
Makram Haddad 2025-11-14 09:00 - Reading : 4 minute(s)
United Nations Diabetes Prevention
The massive presence of a silent disease Diabetes is no longer a diffuse threat: it is a massive reality. Around the world, about 589 million people currently live with diabetes, including nearly 85 million in the Middle East and North Africa (MENA) region; by 2050, the region could have 163 million. In Lebanon, the International Diabetes ...
Google Proposes Adtech Changes to Avoid Breakup After EU Fine
This is Beirut 2025-11-14 09:35 - Reading : 3 minute(s)
European Union USA Google Fine Advertising
Google on Friday announced changes to its advertising services to avert the risk of a breakup, two months after Brussels hit the US giant with a massive fine. The European Commission slapped a 2.95-billion-euro ($3.43 billion) antitrust fine on Google for favoring its own services in September, giving the company 60 days to resolve the issues ...
Iran Is Suffocating, and the Authorities Finally Say It
This is Beirut 2025-11-14 20:25 - Reading : 4 minute(s)
Tehran Iran inflation drought poverty economy
Iran is facing a crisis its leaders can no longer downplay. During his address to parliament, Pezeshkian confronted the issues affecting daily life across the country. He spoke of inflation without blaming external factors and acknowledged what citizens are already feeling in their kitchens, at their taps, and in their wallets. Prices are ...
In Lebanon, Power Flows… at a High Price
Liliane Mokbel 2025-11-15 15:00 - Reading : 1 minute(s)
Banks United Arab Emirates United Nations
According to World Population Review, the cost of electricity in Lebanon stands at $0.137 per kilowatt-hour (kWh). This makes the country the most expensive in the region and ranks it 74th worldwide out of 146 countries analyzed. In the region, Morocco follows with $0.121/kWh (86th), Jordan with $0.090/kWh (99th), the United Arab Emirates with ...
What is the Enigma M4 Cipher Machine
This is Beirut 2025-11-18 17:05 - Reading : 2 minute(s)
Enigma M4 Science Alan Turing cipher machine Christie's World War II
The auction of an Enigma M4 cipher machine at Christie's today is more than a landmark for collectors of rare artifacts. It represents a unique intersection of military history, cryptanalysis, and the birth of modern computing. This device is both a weapon of war and a witness to the extraordinary intellectual achievement that unlocked state ...
Why Is Bitcoin Plunging?
This is Beirut 2025-11-19 09:40 - Reading : 3 minute(s)
Donald Trump United States Bitcoin Value Economy
What Has Caused the Latest Price Drop? Prior to the recent slump, Bitcoin broke a series of record highs in the wake of Donald Trump's return to the White House. The US president came out strongly in favor of cryptocurrencies before his re-election, and has continued to do so. Bitcoin first surpassed $100,000 in May before reaching its latest ...
Boston Museum of Fine Arts Returns Two Benin Bronzes to Nigeria
This is Beirut 2025-11-19 10:30 - Reading : 2 minute(s)
Arts Nigeria Culture Boston Museum Benin
The Museum of Fine Arts in the US city of Boston has returned two of the famed Benin Bronzes to Nigeria, authorities in the West African nation said late on Monday. The move represents "the return of a huge part of Nigeria's history," Olugbile Holloway, the head of Nigeria's National Commission for Museums and Monuments (NCMM), said. "As much as ...
Klimt Portrait Achieves Historic Price in Record-Breaking Auction
This is Beirut 2025-11-19 19:30 - Reading : 2 minute(s)
Klimt Painting Culture Art NYC Auction
A portrait by Austrian artist Gustav Klimt fetched $236.4 million in New York on Tuesday, becoming the second most expensive artwork ever sold at auction. Six bidders battled for 20 minutes over the Portrait of Elisabeth Lederer, which Klimt painted between 1914 and 1916. The piece depicts the daughter of Klimt's main patron dressed in a white ...
Memory Chip Crunch Set to Drive up Smartphone Prices
This is Beirut 2025-11-20 09:50 - Reading : 3 minute(s)
Shoppers could face higher prices for phones, laptops, and other gadgets next year, manufacturers and analysts warn, as AI data centers hoover up memory chips used in consumer electronics. The world's biggest tech companies are plowing head-spinningly huge sums into building the hardware that powers artificial intelligence tools like ...
Tech Firms Lead Stock Rout as AI Bubble Fears Linger
This is Beirut 2025-11-21 12:20 - Reading : 3 minute(s)
Banks New York USA Tech AI Bubble
Tech firms led stock losses on Friday as investors struggled to shake off fears about an AI bubble, and after a sell-off on Wall Street sparked by job data dealt a further blow to hopes for a US interest rate cut. A blockbuster earnings report from chip bellwether Nvidia on Wednesday seemed to settle nerves that vast investments in the artificial ...
+114% in 2025: Silver Breaks Free and Takes Center Stage
Liliane Mokbel 2025-12-20 14:00 - Reading : 2 minute(s)
Silver has delivered a historic performance in 2025. Since the beginning of the year, the white metal has surged by more than 114 percent, reaching an all-time high of 64 dollars per ounce. For the first time in years, silver is no longer following gold’s lead. Its rise has clearly outpaced gold, whose price has increased by around 60 percent, ...
Saudi Residents Report Booze Ban Eased for Select Foreigners
This is Beirut 2025-11-24 16:05 - Reading : 3 minute(s)
Saudi Arabia Food Drink Alcohol
Diplomats and premium visa-holders in Saudi Arabia told AFP that the conservative kingdom has quietly eased restrictions on purchasing alcohol for select foreign residents. While the government has not made any statements regarding the sale of alcohol in recent days, the sources said non-Muslim individuals with so-called premium resident status ...
Rare Fabergé 'Winter Egg' Expected to Break Records in London
This is Beirut 2025-11-28 10:35 - Reading : 3 minute(s)
Auction The Winter Egg Fabergé History Britain Culture
The Winter Egg, one of Faberge's most dazzling creations, is due to be auctioned in London next week and set another sales price record for the legendary jeweler of Imperial Russia. The egg, commissioned by Tsar Nicholas II in 1913 as an Easter gift to his mother, is expected to fetch at least £20 million ($26 million), according to Christie's ...
Silos of Beirut: Autopsy of an Announced Pollution
Makram Haddad 2025-11-29 09:35 - Reading : 5 minute(s)
Lebanon Silos Beirut Blast Pollution
On 4 August 2020, Beirut exploded a first time, in a flash of ammonium nitrate, debris and shattered glass. Since then, the city has continued to explode in a muffled way: in the bronchi of the inhabitants, in the lungs of the children of Karantina, in the gutted silos that spit back out heat, smoke and dust. Last Thursday, the file came back ...
Saudi Powers Forward with Deficit Spending to Fund Reforms
This is Beirut 2025-12-02 22:05 - Reading : 2 minute(s)
Saudi Arabia greenlit its 2026 budget Tuesday, projecting a deficit of 165 billion riyals ($44 billion) as the kingdom presses on with an ambitious spending drive to diversify its oil-dependent economy. The Arab world's largest economy is overseeing a major push to slash its dependence on oil revenues, with officials pouring billions into ...