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Oil Slides, Stocks Rise as Trump Says Iran-Israel Ceasefire Holds

Oil prices sank and stock markets rose Tuesday as US President Donald Trump said a ceasefire between Iran and Israel was taking hold after he berated both countries for violating the truce. In volatile trading, crude futures slumped more than five percent after Trump announced a ceasefire. "This morning's ceasefire further reduced the perceived ...

Trump on Ceasefire Violations: Iran and Israel 'Don't Know What the F... They're Doing'

The Israeli army carried out a “symbolic attack” against Iran on Tuesday afternoon in retaliation for the Iranian strike earlier that morning, which killed seven people on Israeli territory. The Israeli attack took place despite a strong warning issued a little earlier by US President Donald Trump in Tel Aviv. Trump made an urgent ...

NATO Summit Seeks to Keep Trump Happy and Alliance United

  NATO leaders will seek to lock in US President Donald Trump's commitment to their alliance with a summit pledge to boost defence spending, as they gather Tuesday in The Hague with global attention focused on Iran. The overriding focus of the gathering, which kicks off with dinner hosted by the Dutch king, has been on keeping Trump ...

Debating Tom Friedman on ‘Global Struggle’

I have great admiration for Thomas Friedman and have long followed his writings. He was instrumental in shaping my support for democracy when he argued that two democracies would not go to war. He supported toppling Saddam Hussein’s regime in Iraq, as I did, and we both believe that the nation-state is, in some ways, a defunct concept. Today, ...

Jonathan Anderson Set for Dior Debut at Paris Fashion Week

Men's Fashion Week returns to Paris on Tuesday with heightened anticipation as Jonathan Anderson shows his first creations for Dior and Saint Laurent rejoins the official calendar. Following a flurry of artistic director changes, the spring-summer 2026 menswear season reflects the industry's instability: Milan scaled back its program and London ...

Art Market Banking on New Generation of Collectors

The global art market is not immune to current economic and geopolitical tensions and is counting on a new generation of collectors to revitalize the momentum. Some big transactions were concluded last week during Art Basel, the world's top contemporary art fair, notably by London's Annely Juda Fine Art gallery, which sold a David Hockney ...

A Home for $100,000: Housing Bank Boosts Loan Cap

The Housing Bank (Banque de l'Habitat, BDH) has raised the ceiling for subsidized housing loans to $100,000. No miracle here, just solid financing. “This increase from $50,000 to $100,000 was made possible by a funding package – currently under negotiation – granted by the Qatar Fund to the Housing Bank,” said BDH CEO Antoine Habib in a ...

Paris Men’s Fashion Week Pops with Color and Ease

Colors ran wild, and silhouettes softened at Paris Men's Fashion Week, which ends Sunday, as designers brought a rare breath of fresh air to a gloomy fashion climate. Despite the heavy news cycle and economic turbulence affecting the luxury sector, this Fashion Week was a "shot of creativity that felt incredibly good", Alice Feillard, men's buying ...

US Strikes on Fordo: Britain’s Strategic Dilemma

For days now, the Middle East has been gripped by a geopolitical crisis of extraordinary intensity. The open conflict between Israel and Iran – ignited by a sweeping Israeli military offensive – shows no sign of abating and is already reshaping the region’s balance of power. Not only has the balance tipped decisively toward Israel, but ...

Trump Pushes Japan to Import More American Rice, a Major Political Challenge for Tokyo

Donald Trump’s demand that Japan, described as “spoiled”, buy more American rice is creating additional pressure for Prime Minister Shigeru Ishiba, who is already facing a tough election that could bring his time in office to an end after less than a year. Japan is one of more than 20 countries receiving letters this week from the US ...

Luxury Bag Counterfeiting Takes on Major Fashion Houses

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 ...

Russia Suggests Trump is Emboldening Ukraine, Delaying Peace

The Kremlin warned Tuesday that US President Donald Trump's pledge of more weapons for Kyiv and threat of sanctions targeting Russian trading partners could embolden Ukraine and further delay already stalled peace efforts. Trump a day earlier gave Russia 50 days to strike a peace deal with Ukraine, voicing fresh frustration with Moscow as he laid ...

Trump Gives Russia 50 Days to Make Ukraine Deal

US President Donald Trump told Russia on Monday to end its Ukraine war within 50 days or face massive new economic sanctions, as he laid out plans for new infusions of weaponry for Kyiv via NATO. Trump said he was "very, very unhappy" with Vladimir Putin, underlining his insistence that his patience had finally snapped with the Russian ...

Farming the Red Zone: Between Fear and Resilience

Farming has always been a challenge in Lebanon—especially in the country’s south. Long overlooked by authorities, the agricultural sector has struggled to stay afloat. Over the past two years, the burden has only grown heavier. Regional instability, economic hardship, and institutional neglect are pushing the land—and those who tend it—to ...

Ed Sheeran Swaps Stage for Canvas in Colorful Debut

British pop star Ed Sheeran has swapped a microphone for paint brushes, with the fruits of his endeavors to go on display later this week, the London gallery exhibiting his works confirmed Wednesday. The abstract pieces — colorful Jackson Pollock-esque paintings and prints — will be available to buy, with part of the proceeds going to the Ed ...

Iran Says It Has Not Requested US Talks Since War

Iran said Tuesday it has not made any request for talks with the United States, after President Donald Trump said Tehran was seeking negotiations following last month's war with Israel. "No request for a meeting has been made on our side to the American side," said Iranian foreign ministry spokesman Esmaeil Baqaei, according to Tasnim news ...

Trump Says 'Very Wealthy' Group to Buy TikTok

President Donald Trump said Sunday a group of buyers had been found for TikTok, which faces a looming ban in the United States due to its China ties, adding he could name the purchasers in two weeks. "We have a buyer for TikTok, by the way," Trump said in an interview on Fox's Sunday Morning Futures with Maria Bartiromo. "Very ...

Iran President Faces Backlash Over 'Soft' US Stance

Iranian President Masoud Pezeshkian came under fire Tuesday after voicing support for renewed talks with the United States, with critics accusing him of being "too soft" in the wake of last month's attacks on the country. The backlash followed the release of an interview with US media personality Tucker Carlson, in which Pezeshkian said Iran had ...

Where Do Trade Talks Stand in the Rush to Avert Higher US Tariffs?

US President Donald Trump has said he will send letters to select trade partners facing tariff hikes as early as Monday, piling pressure on countries to strike a deal with Washington before a new August 1 deadline. The White House announced sharp levies on dozens of economies in April, citing a lack of "reciprocity" in trade relations, which were ...

Three More Turkish Opposition Mayors Arrested in Graft Probe Amid CHP Crackdown

Turkey arrested three more opposition mayors early on Saturday as part of an investigation into alleged graft, officials from the main opposition CHP said, denouncing it as a "political operation." The early morning arrests were the latest move targeting elected officials of the Republican People's Party (CHP) as the government of ...

Hezbollah’s Last Bargain

Hezbollah continues to maneuver under the weight of periodic foreign pressure, and the discourse of its remaining leadership around disarmament is beginning to shift. At the outset of the conflict, the party maintained an unyielding stance, categorically rejecting any discussion of surrendering its weapons and insisting that the aggression it ...

Macron Wants EU-US Trade Deal 'As Soon As Possible'

France's President Emmanuel Macron said on Thursday that he wanted an EU-US trade deal "as soon as possible, with the lowest tariffs possible", with a Washington-set deadline looming to reach an accord. "The right deal for me is the deal that is struck as soon as possible, with the lowest tariffs possible, and that must be fair and firm," Macron ...

South Lebanon’s Young Pioneers: Rebuilding Life Against the Odds

In South Lebanon, where the scars of past conflicts still run deep, a fresh wave of energy is quietly taking root. It isn’t the product of government initiatives, but rather the determined work of a young generation refusing to succumb to despair. Against all odds, young entrepreneurs are returning to their villages, reopening shops, cafés, ...

Hezbollah’s Arms and the US Ultimatum: Lebanon Faces Critical Decisions

The question of Hezbollah’s weapons cannot be resolved solely within Lebanon. As an ideological, military and political extension of Iran, Hezbollah’s arsenal is intrinsically linked to broader regional dynamics, especially the power balance between Tehran and Washington. Experts agree that local initiatives will be ineffective unless ...

Strategic Forecasts

The strategic dilemmas facing Israel at this point should be summarized as how to achieve the double and intertwining objectives of the Iranian nuclear weaponization containment and the downfall of the Islamist regime and its imperial outreach. The inner relationship between the two variables is unmistakable and begets the crucial question of how ...

Rice Prices Double in Japan as Inflation Accelerates

The price of rice doubled in Japan in the 12 months to May, data showed Friday, as an acceleration in inflation piled fresh pressure on Prime Minister Shigeru Ishiba ahead of key elections next month. Polls for parliament's upper house are crucial for Ishiba after public support for his administration tumbled to its lowest level since he took ...

Why Silver Is Stealing the Spotlight from Gold

Since the start of the year, silver prices have soared nearly 30%, climbing from around $30.40 an ounce in January to nearly $37 in July – levels not seen since 2011. This is a rare surge for a metal that typically moves more cautiously than gold. Crossing the $35 per ounce threshold, silver has caught analysts off guard and stirred excitement ...

Lebanon’s Real Estate Market: Tentative Signs of Recovery Amid Persistent Challenges

The “political stabilization” that followed Aoun’s election in January delivered an immediate boost to Lebanon’s real estate market. “All the buyers who had been hesitant for years rushed in during the first quarter,” says Karl Kanaan, Sales Director at S. Gestion, speaking to This is Beirut. As a result, “A significant number of ...

Suspect Faces US Hate Charges after Fire Attack on Jewish Protest

The man suspected of a Molotov cocktail attack on Jewish protesters in Colorado is facing federal hate crime charges, officials said Monday, as President Donald Trump's administration vowed to pursue "terrorists" living in the US on visas. Mohammed Sabry Soliman is alleged to have thrown fire bombs and sprayed burning gasoline at a group of ...