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Running Low? Unleaded to the Rescue
Christiane Tager 2025-06-04 21:35 - Reading : 4 minute(s)
Lebanon Crisis Fuel prices Private sector
The Lebanese government seems to be taking its cue from an old maxim: “When in trouble, raise the taxes.” In a decision that hit like a bombshell, authorities announced a sharp hike in fuel prices – despite a global drop in oil costs. The official rationale? To fund social aid. The logic? Ease the burden on the poor by adding to the strain ...
Brent Crashes: Black Gold Turns Weightless
Christiane Tager 2025-06-05 10:10 - Reading : 2 minute(s)
Just two years ago, Brent crude neared $100 per barrel following Russia’s invasion of Ukraine. As of Tuesday, the European benchmark traded around $65.70 per barrel—a level unseen since the depths of the 2020 pandemic. This steep and unexpected decline baffled analysts, even as it offers welcome relief to consumers. At the core of this ...
Cannes Red Carpet Gets a Second Life in Marseille
This is Beirut 2025-06-05 10:30 - Reading : 3 minute(s)
Cannes Marseille Cinema Movie Culture Art
Walked on for fifteen days by the biggest stars in global cinema, the iconic red carpet of the Cannes Film Festival is now getting a second life in Marseille. Designers, theater troupes, and fashion collectives are repurposing the material into new creative works. “We sell it as a basic fine red carpet, not as the Cannes red carpet,” said ...
Gamers Get Hold of Nintendo's Hotly Awaited Switch 2
This is Beirut 2025-06-05 12:05 - Reading : 4 minute(s)
Gamers finally got their hands on Nintendo's new Switch 2 on Thursday, the console that could score record early sales for the Japanese "Super Mario" creator. The device, which features a bigger screen and more processing power, is an upgrade to the Switch that became a global phenomenon with hit games such as "Animal ...
First-Ever Hermès Birkin Bag Heads to Auction in Paris
This is Beirut 2025-06-05 16:00 - Reading : 2 minute(s)
Fashion Hermes Birkin bag Sotheby's France Culture
The first Birkin bag that was designed by French luxury brand Hermes for actress Jane Birkin in 1984, will be auctioned in Paris on July 10, auction house Sotheby's said Thursday. The large black leather tote, whose design went on to become one of the most famous and expensive bags in the world, will be the centerpiece of the "Fashion Icons" ...
Lebanon’s Real Estate: The Cautious Return of Arab Investors
Christiane Tager 2025-06-06 11:30 - Reading : 2 minute(s)
Lebanon Baalbeck Gulf Real Estate Property
During the first nine months of 2024, a total of 26,430 property transactions were recorded — an increase of 118% compared to 2023, according to well-informed sources. This surge is largely attributed to the resumption of land registry services after a prolonged administrative paralysis. The total value of sales reached nearly $1.85 billion. ...
Netanyahu Confirms Strike on Iran, Calls It a Regional Turning Point
This is Beirut 2025-06-13 18:40 - Reading : 1 minute(s)
Nawaf Salam Benjamin Netanyahu Donald Trump Hezbollah Tehran
Israeli Prime Minister Benjamin Netanyahu declared on Friday that Israel’s recent strike on Iran marks a major turning point in the region’s history, comparing it to the pagers attack in Lebanon, in reference to Israel’s past operations against Hezbollah. Israel remotely detonated the battery packs of devices carried by Hezbollah members in ...
Jbeil's Municipality Clarifies Its Summer Beach Rules
This is Beirut 2025-06-06 16:30 - Reading : 3 minute(s)
Lebanon Byblos Beach Summer Jbeil
At the start of the summer season, the Municipality of Jbeil (Byblos) has announced a series of measures aimed at ensuring the safety, cleanliness, and comfort of its beachgoers. Elise Merhej, a member of the Jbeil Municipal Council, issued a clarification that explained that these decisions stem from the municipality’s responsibility to ...
Syrian Authorities Announce Closure of Notorious Desert Camp
This is Beirut 2025-06-07 15:30 - Reading : 2 minute(s)
Syria Rukban Camp Bashar al-Assad displaced
A notorious desert refugee camp in Syria has closed after the last remaining families returned to their areas of origin, Syrian authorities said on Saturday. The Rukban camp in Syria's desert was established in 2014, at the height of Syria's civil war, in a de-confliction zone controlled by the US-led coalition fighting the Islamic State group, ...
Gold in Uncertain Times: Jewelry vs. Bullion
Liliane Mokbel 2025-06-07 15:30 - Reading : 2 minute(s)
In times of crisis, gold stands as the ultimate pillar of stability. Timeless, reassuring and resistant to passing trends, it shines brighter as financial markets falter. But a critical question remains: which form of gold offers better protection in turbulent times — jewelry or bullion? And is resale truly profitable? Historically, when ...
China Exports Slow as Trade War Takes Toll
This is Beirut 2025-06-09 09:05 - Reading : 3 minute(s)
Donald Trump USA China Exports
Chinese exports grew slower than expected in May, according to official data Monday, as shipments to the United States tumbled amid global trade turmoil triggered by Donald Trump's tariff blitz. The figures also showed imports suffered a forecast-beating drop, with weak domestic consumption in the world's number two economy highlighted by data ...
Global Cybercrime Losses Hit $9.5 Trillion in 2024
This is Beirut 2025-06-09 15:15 - Reading : less than a minute
Artificial Intelligence Cost of Data Breaches SoSafe
The global cost of cyberattacks soared to an estimated $9.5 trillion in 2024, underscoring an alarming rise in digital threats facing businesses, governments and critical infrastructure, according to a new report by cybersecurity firm BD Emerson. IBM’s annual Cost of Data Breaches report revealed that the average data breach cost surged to ...
US Messages to Lebanon: Is the Government Listening?
Philippe Abi-Akl 2025-06-10 08:30 - Reading : 5 minute(s)
Nawaf Salam Lebanon Lebanese Army Donald Trump UN Resolution 1701
Sources familiar with the matter report that President Donald Trump is undertaking a sweeping reassessment of his administration’s inner circle ahead of the self-imposed June deadline for negotiations with Iran. The shake-up comes amid rising internal friction—particularly between Vice President JD Vance and Trump’s son, Donald Trump ...
'Despair': a Forgotten Rodin Sculpture on Piano Sells for One Million
This is Beirut 2025-06-10 12:00 - Reading : 1 minute(s)
Rodin Sculpture Art Culture Despair France
The owners thought the sculpture perched for years on the corner of a piano was a Rodin copy, but after being declared as the real thing, the small marble figure has now sold for one million dollars at auction, organizers said Monday. Described as an "extremely rare" find by auction organizer Aymeric Rouillac, the figure was in fact an 1892 work, ...
Nintendo’s Switch 2 Becomes Fastest-Selling Console in History
This is Beirut 2025-06-11 09:25 - Reading : 3 minute(s)
Nintendo Japan Gaming Switch 2
The Switch 2 has smashed records to become the fastest-selling console ever after gamers snapped up 3.5 million units in its first four days, Nintendo said Wednesday. Featuring a bigger screen and more processing power, the console is an upgrade to the original Switch – the third best-selling console of all time. It was released last Thursday ...
Lebanese Transport Strike Suspended After Promises of Relief
This is Beirut 2025-06-11 13:15 - Reading : 2 minute(s)
Lebanon Fuel Transport Wages Strike
Lebanon’s land‑transport unions have suspended the nationwide strike planned for Thursday after a tentative agreement from the government to cushion spiralling fuel costs and extend public‑sector pay rises. Following a two‑hour meeting at the Government Palace chaired by Prime Minister Nawaf Salam, Minister of Labor Mohammad Haidar ...
Lebanon’s Missed Moment: How Emotions and Arrogance Blinded Us to Collapse
Salam El Zaatari 2025-06-12 09:30 - Reading : 5 minute(s)
Lebanon Nawaf Salam Joseph Aoun UNIFIL
Sometimes history gives you a window of opportunity so wide, so glaringly obvious, that missing it becomes a form of national self-harm. Lebanon is living one of those moments now, and letting it slip, again. For the first time in decades, Hezbollah is not at the peak of its military or political power. Israel’s 2024 campaign decimated much of ...
Canberra Stands Firm as Washington Reassesses Submarine Pact
This is Beirut 2025-06-12 10:15 - Reading : 3 minute(s)
Australia United States AUKUS Donald Trump
Australia said Thursday it is "very confident" in the future of a US agreement to equip its navy with a fleet of nuclear-powered submarines, after the Trump administration put the pact under review. The 2021 AUKUS deal joins Australia, the United Kingdom, and the United States in a multi-decade effort to balance China's growing military ...
Spurs to Name Brentford Boss Frank as New Head Coach
This is Beirut 2025-06-12 17:30 - Reading : 2 minute(s)
Football Premier League Tottenham Hotspur
Tottenham have reached an agreement with Premier League rivals Brentford to make Thomas Frank their head coach following the sacking of Ange Postecoglou, it was widely reported on Thursday. Spurs set their sights on Frank after dismissing Postecoglou last week, just 16 days after he won the Europa League, and made an official approach to ...
Oil Surges, Stocks Fall Over Middle East Fears as Israel Strikes Iran
This is Beirut 2025-06-13 11:35 - Reading : 2 minute(s)
Nawaf Salam Middle East Donald Trump Benjamin Netanyahu
Oil prices soared and stocks sank Friday after Israel launched strikes on Iranian nuclear and military sites and warned of more to come, stoking fears of a full-blown war. Investors ran for the hills on news of the attacks and a warning from Tehran that its regional foe faced a "bitter and painful" fate, while US President Donald Trump has said a ...
Iran Strikes Back: Tehran Vows Severe Punishment After Israeli Assault
This is Beirut 2025-06-13 11:55 - Reading : 3 minute(s)
Nawaf Salam Saudi Arabia United States Washington Iran
In the early morning hours of Friday, June 13, Israel launched a wide-scale surprise attack on Iranian territory under the codename Operation Rising Lion. The Israeli military campaign struck nuclear sites, key military facilities and the homes of senior officials, killing several high-ranking commanders and nuclear scientists. In swift ...
Oil Prices Drop as Israel Agrees to Ceasefire Proposal
This is Beirut 2025-06-24 10:40 - Reading : 3 minute(s)
Nawaf Salam Ceasefire Donald Trump Middle East Oil Markets
Oil prices sank more than five percent Tuesday after Israel said it had agreed to US President Donald Trump's proposal for a bilateral ceasefire with Iran. Shares in Asia were buoyant, as fears of an energy market shock eased following 12 days of war between Israel and its arch-foe. London, Paris and Frankfurt also rose at the open. At around ...
Gold, Thrones, Diamonds: The Imperial Treasure Iran Keeps Hidden
Bélinda Ibrahim 2025-06-24 17:00 - Reading : 4 minute(s)
Iran Treasure Jewels Shah Pahlavi
It’s a treasure few have seen, yet one that specialists regard with awe. Behind armored doors, deep within the basement of Tehran’s Central Bank, lies what some historians consider the world’s most valuable collection of jewels—surpassing even those of the British monarchy. Amassed over more than 500 years of imperial history and expanded ...
The Cost of No Peace: What Lebanon Loses by Staying in a Perpetual State of 'Resistance'
Tara B. Moussallem 2025-05-30 10:50 - Reading : 5 minute(s)
Nawaf Salam Lebanon Peace Hezbollah
In Lebanon, the word “resistance” has long been romanticized—chanted in songs, woven into political slogans and wrapped in the symbolism of national pride. Yet, behind this idealized notion lies a sobering truth: Lebanon is a nation trapped in a permanent state of conflict, with its sovereignty and future held hostage by Hezbollah’s ...
Netflix Soars: Profits Up, Ads Booming, Subscribers Engaged
This is Beirut 2025-07-18 14:00 - Reading : 2 minute(s)
Netflix reported stronger than expected second-quarter results Thursday, with profit jumping 45 percent year-over-year as the streaming giant benefited from subscription price increases and a growing advertising business. Revenue climbed 16 percent to $11.1 billion in the quarter ended June 30, beating analyst estimates and the company's own ...
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 ...
Six Killed in Massive Russian Drone, Missile Attack Across Ukraine
This is Beirut 2025-07-12 22:50 - Reading : 3 minute(s)
Ukraine Volodymyr Zelensky Donald Trump Emmanuel Macron Kyiv
Russia fired more than 620 drones and long-range missiles overnight, killing at least six people in the latest wave of strikes, Ukraine said Saturday, adding that it was close to an agreement to receive more Patriot air-defense systems. "The Russians continue to use their specific tactics of terror against our country, striking concentrated blows ...
Anti-Counterfeit Guide: How to Spot Fake Skincare and Shop Safely (3/3)
Bélinda Ibrahim 2025-07-13 18:00 - Reading : 4 minute(s)
Lebanon Counterfeit Cosmetics Skin care Beauty Health Awereness
Today’s counterfeit cosmetics are almost indistinguishable to the naked eye: they have the same bottle, same typography and nearly the same texture as genuine ones. Moisturizers, serums, sunscreens, micellar waters, foundations, luxury sets — no category is spared. And no country, either. From the US to Lebanon, France to South Korea, ...
Bitcoin Rallies Past Record $120,000 as Asian Markets Rise
This is Beirut 2025-07-14 08:55 - Reading : 3 minute(s)
Donald Trump Emmanuel Macron European Union Banks Bitcoin
Bitcoin surged past the $120,000 mark for the first time on Monday, setting a new record as optimism grows around potential regulatory breakthroughs for the cryptocurrency industry this week. The digital asset peaked at $122,571.19 before easing slightly, trading 2.4% higher at $121,952.61. Most Asian markets rose Monday as investors digested ...
Luxury Bag Counterfeiting Takes on Major Fashion Houses
Bélinda Ibrahim 2025-07-15 18:00 - Reading : 4 minute(s)
Luxury Bags China TikTok Viral Counterfeits
At first glance, the video looks like just another promo for cut-price products. A young woman praises a handbag “identical to an Hermès model” for a fraction of the cost. The brand is blurred, but the resemblance is unmistakable. The caption reads: “Luxury brands are all made in China.” In other words: why pay €10,000 for a Hermès bag ...