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Stocks Track Wall St Sell-Off as US Deficit Fears Grow

Equities sank and Treasuries remained under pressure following sharp losses on Wall Street fuelled by US economy fears as Donald Trump tries to push through fresh tax cuts that could balloon the already huge deficit. A weak auction of 20-year US government debt flashed a warning sign that the bond market was worried about the country's finances, ...

Homeownership Rates Reveal Inequalities Among Arab Countries

A recently published report by the U.S.-based financial and economic magazine CEOWORLD, known for its global rankings and comparative studies, sheds light on the disparities in homeownership rates across Arab countries. The findings reflect significant socio-economic differences within the region. At the top of the Arab world, Bahrain boasts the ...

Alleged US Killer of Israel Embassy Staff Charged With Murder

The suspect accused of gunning down two Israeli embassy staffers outside a Jewish museum in Washington was charged Thursday with murder, as international tensions over anti-Semitism erupted over the attack. Elias Rodriguez, 31, shouted "Free Palestine" as he was taken away by police after the shooting late Wednesday outside the Capital ...

Epilepsy in Lebanon: Journey to the Heart of the Crisis

There is epilepsy, its seizures, its fears, its stigmas. And then there is Lebanon, its shortages, its hospitals on their knees, its families wandering in pharmaceutical disarray. This Friday, May 23, on the campus of the Faculty of Medicine of USJ, the Epsilon association will hold its tenth Scientific Day, with one motto: “Improve the quality ...

Japan Core Inflation Tops Forecasts as Rice Prices Almost Double

Japanese inflation spiked at a two-year high in April, data showed Friday, as rice prices almost doubled, turning focus on the central bank as it mulls more interest rate hikes amid Donald Trump's trade war. The news also puts pressure on Prime Minister Shigeru Ishiba ahead of elections in July and after a minister was forced to resign over a ...

Teachers’ Law Reissue or a Return to Street Protests

On April 17, President Joseph Aoun submitted two appeals to the Constitutional Council. The first challenges Law No. 1, which automatically came into effect and regulates leases of non-residential properties. The second targets Law No. 2, also automatically enacted, which amends specific provisions related to private school faculty and school ...

European Stocks Sink as Trump Puts EU in Tariff Crosshairs

European stock markets tumbled Friday after US President Donald Trump ended a lull in his trade war as he raised the spectre of hitting imports from the European Union with a massive 50-percent tariff. The Paris CAC 40 index and Frankfurt DAX fell by around three percent at one point, with shares in luxury and car companies taking a hit, before ...

When Emigrants Pay the Price of Exile

None of the emigrants chose to leave voluntarily. They left either in pursuit of education abroad or to find work that could provide them with economic stability and safety amid the wars in Lebanon. When the electoral law was amended to include expatriates in the actual voting process, enthusiasm soared, and in the last election, a quarter of a ...

Lebanon’s $4.5 Billion Price Tag: The Hidden Cost of the Syrian War

Since 2011, hosting Syrian refugees has posed a severe economic challenge for Lebanon. According to the latest World Bank report, the direct annual cost of accommodating these refugees is estimated at around $4.5 billion. However, this figure only accounts for direct expenses. When indirect costs are included, the total cost rises to roughly ...

A Power Revolution with No Current

It’s a quietly growing trend. Since Lebanon’s 2021 fuel crisis, the electric vehicle market has been steadily gaining ground. Chinese electric vehicles (EVs), in particular, are spearheading the shift. Their futuristic designs are increasingly becoming common sights on Lebanon’s roads. The numbers are still small but rising. In the absence ...

After Brief X Outage, Musk Says Refocusing on Businesses

Social media platform X was hit by a two-hour outage Saturday, prompting owner Elon Musk to say he needs to spend more time focusing on his companies. His statement echoed comments earlier this month suggesting he would reduce his role in US President Donald Trump's administration. The world's richest person has an extraordinarily full ...

Post-May 25, 2000: A String of Blunders

A quarter-century is a brief chapter in the life of a nation. But for a population held hostage for decades by war and relentless existential crises – driven by the unchecked ambitions of regional powers and factions – it can feel like an era. On May 25, 2000, Hezbollah staged a major celebration to mark the withdrawal of the last Israeli ...

Time to Resettle Palestinians Outside Lebanon

Lebanon has announced a plan to disarm Palestinian refugee camps, a step in the right direction. But disarmament is not enough. Lebanon needs a hard divorce from the Palestinians and their cause and should ask the UN to resettle 174,000 Palestinians, classified as refugees, in a third country. The founding literature of the UN Relief and Works ...

EDL: At the Heart of Lebanon’s Energy Crisis

Electricity rationing is the rule, contrary to all logic in a nation-state framework. A quarter of a century after the end of the Civil War, the Lebanese remain dependent on alternative means of energy supply – mostly at the mercy of the neighborhood private generator supplier. Électricité du Liban (EDL) will long remain in Lebanon’s history ...

Lebanon’s Justice Minister Questions 1955 Anti-Israel Law, Signals Shift in Official Discourse

Justice Minister Adel Nassar has opened the door to a sensitive national debate by questioning the legacy and application of Lebanon’s 1955 law banning contacts with Israel—legislation long treated as untouchable. Speaking about the controversial statute, Nassar acknowledged that in past decades it had operated in a political climate ...

Haykal’s U.S. Visit Signals Bid to Translate Military Gains into Political Trust

Lebanese Army (LAF) Commander General Rodolphe Haykal kicked off an official visit to the United States on Monday with a stop at U.S. Central Command (CENTCOM) in Tampa, in a trip that goes beyond routine military protocol and carries clear political implications. At CENTCOM, Haykal met with Vice Admiral Brad Cooper, presenting detailed maps and ...

Qassem: Israeli-U.S. Aggression Is Lebanon’s Core Challenge

Hezbollah Secretary-General Naim Qassem said on Monday that Lebanon has preserved its independence through resistance and possesses “real capabilities,” arguing that the country’s central challenge remains what he described as ongoing Israeli and American aggression. Speaking during a public address, Qassem said that sustained Israeli ...

U.S., Iran Signal Readiness for Talks as Mediators Move to Arrange Ankara Meeting

The United States and Iran have signaled openness to renewed negotiations aimed at easing escalating tensions, according to officials cited in multiple reports, as regional mediators work to organize a potential meeting in Ankara and Washington maintains a heightened military posture in the Middle East. A senior US official told Axios that ...

The Shia Duo Under Strain: How Iran’s Crisis Is Realigning Amal and Hezbollah

When Lebanese Parliament Speaker Nabih Berri met with Joseph Aoun on January 23, at the height of Hezbollah’s rhetorical campaign against the president, the gesture spoke volumes. As Hezbollah Secretary General Naim Qassem rejected disarmament and warned of civil war, Berri moved to restore communication channels, differentiating his Amal ...

Witkoff to Visit Israel Amid Gaza Ceasefire Efforts

U.S. Middle East envoy Steve Witkoff is expected to visit Israel on Tuesday for meetings with Prime Minister Benjamin Netanyahu and military chief Eyal Zamir, two senior Israeli officials told Reuters on Monday. The trip comes as efforts to advance a Gaza ceasefire continue, despite repeated Israeli strikes and Hamas’s refusal to disarm. Under ...

Joseph Aoun in Spain: the Army, UNIFIL, and Regional Stability at the Heart of the Discussions.

President Joseph Aoun on Monday outlined the achievements of the Lebanese Army (LAF) south of the Litani River, stressing the restoration of the state’s exclusive authority in the area, alongside ongoing efforts to secure borders and combat smuggling, drug trafficking, and illegal immigration. In his remarks following a meeting with Spanish ...

Trump Warns Iran of Consequences if Diplomacy Fails

The United States and Iran are set to resume nuclear talks on Friday in Turkey, officials from both sides told Reuters, as President Donald Trump warned that “bad things” would likely happen if negotiations fail, with U.S. warships moving closer to Iran amid heightened regional tensions. U.S. Special Envoy Steve Witkoff and Iranian Foreign ...

Israel Sets Red Lines Ahead of U.S.-Iran Talks as Witkoff Visits Jerusalem

Israel is seeking firm assurances from Washington ahead of anticipated U.S.-Iran talks on Friday in Turkey, with Israeli officials signaling that any agreement falling short of dismantling Tehran’s nuclear capabilities would be unacceptable. The issue will be central to meetings in Jerusalem on Tuesday, as U.S. Special Envoy for the Middle ...

Turkey's Erdogan Visits Saudi as Ties Between Former Rivals Warm

Turkish President Recep Tayyip Erdogan visited Riyadh on Tuesday in his first visit in more than two years, as ties warm between Saudi Arabia and its rival-turned-ally. Ankara hopes to "finalise negotiations towards a free trade agreement between Turkey and the member of the Gulf Cooperation Council (GCC)", the Turkish presidency said. "The two ...

Hezbollah Parliamentary Bloc Head Meets President Aoun in Bid to Ease Tensions

Senior Hezbollah parliamentarian Mohammad Raad met President Joseph Aoun at the presidential palace on Thursday as Hezbollah moved to de-escalate its dispute with the presidency. The visit, requested by Raad himself, marks a notable shift in tone following a period of near-freeze between the two sides and comes amid heightened regional ...

Graham Cuts Haykal Meeting Short After LAF Chief Refuses to Label Hezbollah Terrorist

Lebanese Armed Forces Chief of Defense Gen. Rodolphe Haykal’s Thursday meeting with Senator Lindsay Graham ended early after Haykal stated that he did not consider Hezbollah a terrorist organization. In a post on X describing his meeting, Graham stated that “I asked [Haykal] if he believes Hezbollah is a terrorist organization. He ...

French FM: Iran Must Stop Being a 'Destabilizing Power'

French Foreign Minister Jean-Noel Barrot said during a visit to Lebanon that Iran should stop being a "destabilizing power", citing its nuclear program and support for "terrorist" groups that threaten regional and European countries. During a press conference in Beirut, where the government has committed to disarming the ...

Israel Detains Senior Islamic Group Operative in South Lebanon

Israeli forces carried out a cross-border raid into southern Lebanon overnight, detaining what the military described as a “senior operative” from Al-Jama‘a al-Islamiya, the Lebanese branch of the Muslim Brotherhood. Israeli army spokesman Avichay Adraee said troops from the 210th Division conducted the operation in the Mount ...