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Ukraine says Four Killed in Massive Russian Drone, Missile Attack
This is Beirut 2025-07-12 13:14 - Reading : 3 minute(s)
Russia Ukraine Volodymyr Zelensky drones
Russia fired more than 620 drones and long-range missiles overnight killing four people, Ukraine said Saturday, calling for fresh sanctions on Moscow to halt its record barrages. Kyiv and Moscow have stepped up aerial strikes over recent months and US-led ceasefire talks aimed at pausing the over three-year war have stalled. "Twenty-six ...
Trump, Fed Chief Powell Bicker During Tense Central Bank Visit
This is Beirut 2025-07-25 09:10 - Reading : 4 minute(s)
Nawaf Salam Donald Trump Politics Fed
Donald Trump and US Federal Reserve chairman Jerome Powell appeared together for a tense meeting Thursday as the president toured the central bank after ramping up his attacks on its management of the economy. Trump -- who wants to oust Powell for refusing to lower interest rates but likely lacks the legal authority to do so -- has threatened to ...
No Rental Car in Sight! Lebanon’s Cars Are Fully Booked
Christiane Tager 2025-07-25 11:00 - Reading : 2 minute(s)
Lebanon is in rental saturation mode. Bad luck for latecomers: this summer, finding a rental car in Lebanon is nothing short of a miracle. With the rush of returning expats, agencies are fully booked and every set of keys is already in someone’s hand. Between traffic jams, soaring prices and empty apps, Lebanon is on the move. There are about ...
Brief Surge Lifts Airline Stocks Amid Geopolitical Relief
Liliane Mokbel 2025-06-26 08:10 - Reading : 1 minute(s)
Nawaf Salam United Arab Emirates Airline Stocks
European markets opened slightly higher on Wednesday, hovering between caution and relief following the announcement of a fragile truce between Israel and Iran. In early trading, Paris was up 0.17%, Frankfurt 0.20%, London 0.16%, and Milan 0.34%. The previous day, attention had shifted to the aviation sector, buoyed by hopes of easing ...
Dollar Wavers, Global Economy on Edge
Christiane Tager 2025-08-22 21:00 - Reading : 2 minute(s)
Donald Trump Europe USA White House dollar
The dollar has reigned as the undisputed king of currencies since World War Two, but 2025 began with a sharp decline. In just six months, it lost more than 10% of its value, reaching its weakest level since 1973, according to Morningstar. Erratic trade policies under Donald Trump, coupled with mounting tensions with the Federal Reserve, have left ...
Kuwait Grants $1.5 Million for Lebanon Grain Silos Studies
This is Beirut 2025-08-13 18:15 - Reading : 1 minute(s)
Lebanon Kuwait Grain Silos Foodsecurity Infrastructure
Minister of Economy and Trade Amer Bisat announced on Wednesday that Lebanon has received a $1.5 million grant from the State of Kuwait to fund detailed feasibility studies for the construction of new grain silos across the country. Provided through the Kuwait Fund for Arab Economic Development, the grant marks the first step toward rebuilding ...
Cabinet to Crack Down on Private Generators
This is Beirut 2025-08-13 20:55 - Reading : 1 minute(s)
Lebanon generators Cabinet Regulations Compliance Crackdown
Lebanon’s Cabinet, chaired by Prime Minister Nawaf Salam, decided on Wednesday to crack down on private electricity generator owners amid widespread complaints about unregulated operations and inflated tariffs. The move follows reports of generators operating without proper meters, ignoring environmental standards and manipulating ...
I Could Have Told You… But You Already Know
Marc Saikali 2025-08-14 08:30 - Reading : 3 minute(s)
Hezbollah Tehran UN Security Council
When putting together an editorial, you spend a lot of time mulling things over before settling on what we in the business call an “angle.” But sometimes, there are so many angles, overlapping in every direction, that you end up going in… circles (I know, not the most mathematically precise image). I could have told you about Ahmad ...
Bitcoin Hits Record High Above $124,000
This is Beirut 2025-08-14 09:05 - Reading : 1 minute(s)
Bitcoin hit a record high on Thursday during early Asian trading, surpassing $124,000, driven by favorable US legislation and a rise in US equities. The cryptocurrency rose above its previous July record, briefly exceeding $124,500 before retreating. US stocks ended higher Wednesday, with the S&P 500 index and the tech-heavy Nasdaq reaching new ...
Water Shortages Plague Beirut as Low Rainfall Compounds Woes
This is Beirut 2025-08-14 18:20 - Reading : 4 minute(s)
Lebanon Water Climate Shortage
People are buying water by the truckload in Beirut as the state supply faces its worst shortages in years, with the leaky public sector struggling after record-low rainfall and local wells running dry. "State water used to come every other day, now it's every three days," said Rima al-Sabaa, 50, rinsing dishes carefully in Burj al-Baranjeh, in ...
Urban Furnaces or Cool Oases: The Choice Lies Inside Our Walls
Bélinda Ibrahim 2025-08-14 19:00 - Reading : 3 minute(s)
Heatwave Cities Buildings Greening Cooling
Heat is no longer just a summer inconvenience. With extreme heatwaves becoming more frequent, it is now a risk factor for health, the economy and quality of life. In a country like Lebanon, where urbanization has surged without climate adaptation planning, heatwaves often become an ordeal. Many buildings are made of heat-retaining materials, ...
Starlink in Lebanon: Hopes, Fears and the Battle for the Digital Sky
Liliane Mokbel 2025-08-14 21:00 - Reading : 3 minute(s)
On Wednesday, Telecommunications Minister Charles Hage removed from the Cabinet agenda a draft law aimed at regulating Starlink’s entry into Lebanon. Officially, the move allows for further study. Unofficially, the issue is already fueling political tensions and heated debate: Is it a threat to digital sovereignty or an opportunity to ...
Five Things to Know About Nigeria's Oil Sector
This is Beirut 2025-08-15 09:45 - Reading : 4 minute(s)
Africa's biggest oil refinery will on Friday start direct and free shipping of fuel to retailers in Nigeria, a move expected to disrupt the oil sector in the continent's largest crude producer. Nigeria's Dangote Refinery says that the plan will boost efficiency by cutting down on intermediaries while providing more competitive options for ...
Golden Controllers: The Hidden Economy of Video Games
Christiane Tager 2025-08-15 20:35 - Reading : 4 minute(s)
Free to play… yet astonishingly profitable, today’s video games turn our clicks into cash. Microtransactions, virtual concerts and blockbuster partnerships have made Fortnite, Candy Crush and their peers billion-dollar giants. And in Lebanon, players show no sign of putting down their controllers anytime soon. Video games, once seen as mere ...
'Ketamine Queen' to Plead Guilty in Matthew Perry's Death
This is Beirut 2025-08-19 12:30 - Reading : 2 minute(s)
Matthew Perry Actor Death Culture Art Series
A dealer dubbed the "Ketamine Queen" has agreed to plead guilty to supplying the drugs that killed Friends’ actor Matthew Perry, the US Department of Justice said Monday. Jasveen Sangha, 42, will admit several charges, including one of distribution of ketamine resulting in death or serious bodily injury in relation to the late star. Sangha, ...
Economy Minister Warns Generator Owners of Legal Action Over Non-Compliance
This is Beirut 2025-08-20 12:45 - Reading : 2 minute(s)
Lebanon Economy Ministry Energy Ministry Amer Bisat Generator
A high-level meeting on the private electricity generator sector brought together generator owners, representatives from the Ministries of Economy, Energy, Interior, and Environment, and security agencies. The session concluded with key regulatory decisions aimed at standardizing the sector. Speaking at a press conference following the meeting, ...
Trump Raises Pressure on Fed With Call for Governor To Resign
This is Beirut 2025-08-21 04:35 - Reading : 3 minute(s)
United States Donald Trump Politique
President Donald Trump ramped up pressure on the US central bank Wednesday with a call for Federal Reserve Governor Lisa Cook to step down, as he repeatedly criticizes Fed Chair Jerome Powell for not lowering interest rates. "Cook must resign, now!!!" Trump wrote on his Truth Social platform, sharing a Bloomberg news report on how the ...
Consumer Price Index: 1.32% Rise in July
This is Beirut 2025-08-21 14:35 - Reading : less than a minute
Lebanon South Lebanon North Lebanon Beqaa Nabatieh Beirut Mount Lebanon
In July, Lebanon’s consumer price index (CPI) increased by 1.32% compared to the previous month and by 14.27% year-on-year, the Central Administration of Statistics (CAS) reported. The monthly CPI changes for July 2025 by region are as follows: Beirut: +1.87% Mount Lebanon: +1.46% North Lebanon: +1.10% Bekaa: +1.10% South Lebanon: ...
Cracker Barrel Logo Change Sparks Cultural Backlash Across U.S.
This is Beirut 2025-08-23 13:00 - Reading : 3 minute(s)
Nawaf Salam Culture Heritage Food Art
Cracker Barrel has a special place in the hearts of many Americans, offering homestyle American cuisine in a folksy "Old Country Store" setting complete with rocking chairs and occasional country music performances. But an attempt to rebrand the storied US chain has sparked a firestorm of opposition online and opened a new front in the culture ...
Rebuilding in Devastated Mariupol Under Russia's Thumb
This is Beirut 2025-08-13 09:50 - Reading : 8 minute(s)
United Nations Russia Zhdanov Mariupol
Sun-seekers crowded onto the beach in Mariupol in Russian-controlled eastern Ukraine -- a devastated city which Moscow wants to turn into an improbable seaside resort. "Take a dip in the Sea of Azov!" said 52-year-old local Ivan, who like other beach goers lapped up the good weather and mild waters of a coastline that is now entirely ...
Zelensky calls for Putin talks as peace efforts stall
This is Beirut 2025-08-24 09:55 - Reading : 4 minute(s)
Kyiv Ukraine Vladimir Putin russia
Ukraine's President Volodymyr Zelensky insisted Sunday that a meeting with Russian counterpart Vladimir Putin remained "the most effective way forward" as the two sides exchange prisoners and the country celebrated Independence Day. Kyiv's general said that Ukrainian troops had recaptured three villages in its Donetsk region ...
Israeli Bulldozers Uproot Hundreds of Trees in West Bank Village
This is Beirut 2025-08-24 19:35 - Reading : 3 minute(s)
Israeli bulldozers uprooted hundreds of trees in the West Bank village of al-Mughayyir on Sunday in the presence of the Israeli military, according to AFP journalists who witnessed the scene. Most of the felled vegetation appeared to be olive trees, essential to the economy and culture of the West Bank, while olive groves have also long been a ...
Israeli Strikes in Yemen's Capital Kill Six, Huthis say
This is Beirut 2025-08-25 08:56 - Reading : 3 minute(s)
Nawaf Salam Yemen Houthi Movement
Israeli strikes in Yemen's capital Sanaa on Sunday killed at least six people, according to the country's Iran-backed Huthi rebels, who have repeatedly launched missiles and drones at Israel throughout the Gaza war. AFP images showed a large fireball lighting up the skies over the rebel-held capital, leaving behind a column of thick, ...
A Few Extra Hours of Power: Kuwait Helps Bring Back Light to Lebanon
Christiane Tager 2025-08-25 18:30 - Reading : 2 minute(s)
Kuwait Beirut Port EDL Gulf Hezbollah
Even a small relief can feel like a breath of fresh air in the daily lives of Lebanese families. But this shipment is more than just a tank of fuel: it represents a political gesture, much-needed financial support and a symbol of warming diplomatic ties with the Gulf monarchies. In a country where electricity has become a luxury and every hour of ...
Central Bank Chief Says Syria Will Remove Two Zeros in Currency Revamp
This is Beirut 2025-08-25 21:35 - Reading : 2 minute(s)
Syria Syrian Central Bank Currency
Syria's central bank governor, Abdul Qadir al-Hasriya, said Monday that his country would change its currency by removing two zeros and printing new banknotes to replace those issued under ousted ruler Bashar al-Assad. Since the start of Syria's civil war in 2011, the pound has plunged from 50 to about 10,000-11,000 against the greenback, ...
Trump Moves to Fire a Fed Governor over Mortgage Fraud Claims
This is Beirut 2025-08-26 10:27 - Reading : 4 minute(s)
United States Donald Trump Fed
US President Donald Trump expanded pressure on the Federal Reserve on Monday by moving to fire Governor Lisa Cook "effective immediately", a step the independent central bank official said he had "no authority" to take. Trump's decision against the first Black woman to serve on the central bank's board cited ...
Expats: Lebanon at Any Cost!
Marilyne Jallad 2025-08-26 15:10 - Reading : 5 minute(s)
Although they’re delighted to return to their homeland, Lebanese expats in their thirties and Gen Z youth agree on one thing: the cost of living in Lebanon is staggering. Even so, it doesn’t stop them from coming back each summer to celebrate, reconnect with loved ones, and enjoy a season where every moment is worth the sacrifice. “It’s a ...
US Tariffs on Indian Goods Double to 50% Over Russian Oil Purchases
This is Beirut 2025-08-27 09:25 - Reading : 3 minute(s)
USA Donald Trump Europe India Tariff
US tariffs of 50 percent took effect Wednesday on many Indian products, doubling an existing duty as President Donald Trump sought to punish New Delhi for buying Russian oil. Trump has raised pressure on India over the energy transactions, a key source of revenue for Moscow's war in Ukraine, as part of a campaign to end the conflict. The latest ...
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 ...
France: Macron, Bayrou and a Perilous Political Rentrée
Soumia Benmerzoug 2025-08-27 16:30 - Reading : 5 minute(s)
France’s political rentrée promises to be fraught with tensions. The Prime Minister is staking the government’s survival on a controversial austerity plan, while nationwide strikes scheduled for September 10 are already casting doubt on the country’s stability. With a fractured National Assembly and growing public anger, the executive is ...