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Beirut's Businesses Struggle to Stay Afloat under Bombardment

Lina al-Khalil has fled her south Beirut home to escape escalating Israeli attacks on Hezbollah, but she still returns daily to the bombarded area to keep the family business running. "It's more important than my house," said the pharmacist, in her 50s, of the business she inherited from her father in Haret Hreik, a southern suburb ...

Apatosaurus Skeleton Sells for 6 Million Euros at French Auction

A skeleton of a 22-meter-long dinosaur (70 feet) was sold for six million euros ($6.4 million) on Saturday, as reported by auction houses Collin du Bocage and Barbarossa. An anonymous collector purchased the vegetarian apatosaurus, which was excavated in the United States, for 4.7 million euros, bringing the total to six million euros after fees. ...

Musk Met Iran UN Ambassador on Defusing Tension Under Trump

Elon Musk, the tech billionaire closely allied with US President-elect Donald Trump, met Iran's ambassador to the United Nations in a bid to defuse tensions between Tehran and Washington, The New York Times reported Thursday. The newspaper quoted anonymous Iranian sources as describing the meeting between the world's richest person and Ambassador ...

Electing a President Is Necessary Before Achieving a Ceasefire

Some may argue that electing a new president before achieving a ceasefire and ending the Israeli war on Hezbollah is illogical, because it contradicts the natural course of events. How can MPs head to the Parliament and cast their votes under the pressure of Israeli airstrikes, even if those strikes are on the outskirts of the capital and not in ...

Blinken Affirms Diplomatic Solutions Remain Viable in Mideast

The United States still believes a diplomatic solution is possible in the Middle East, even as Israel strikes Lebanon, Secretary of State Antony Blinken said Friday. "The path to diplomacy may seem difficult to see at this moment, but it is there, and in our judgment, it is necessary. We will continue to work intensively," Blinken told a news ...

Bitcoin Nears $100K: Will Trump Boost Crypto?

On Thursday, Bitcoin surged past $98,000, raising its market capitalization to $1.9 trillion. This rally reflects expectations of robust legislative and executive support for the crypto sector, bolstered by Republican victories in the White House and Congress. The cryptocurrency market, including “meme coins” like Dogecoin, continues to surge ...

Gold Rush for Nasrallah-Themed Memorabilia

Since the assassination of former Hezbollah Secretary-General Sayyed Hassan Nasrallah, a gold rush of sorts has swept through Beirut’s southern suburb, with a surge in demand for items bearing his image. Books, medallions, and even gold coins and bars are flying off the shelves. According to information obtained by This is Beirut, local ...

Trump Returns to His Scottish Roots to Open Golf Course on Ancestral Isle

Donald Trump will fly into Scotland on Friday for a private visit to the land where his mother was born and spent her childhood on the remote Isle of Lewis. "It's great to be home; this was the home of my mother," he said when he arrived on his last visit in 2023. Born Mary Anne MacLeod, Trump's mother immigrated to the United States when she ...

Why Stablecoins are Gaining Popularity

Stablecoins -- a form of cryptocurrency backed by traditional assets -- are gaining traction, with the US Senate set to vote Tuesday on a bill to regulate such digital tokens. But as stablecoins move closer to the financial mainstream, experts warn that weak regulation could leave investors and the financial system vulnerable. What are ...

'Spectacular' Viking Burial Site Found in Denmark, Filled With Rare Treasures

In an accidental find, a 10th -century burial site believed to have belonged to a Viking noble family has been discovered in northern Denmark, packed with a "spectacular" trove of ancient objects, a museum announced Tuesday. The discovery came when pearls, coins, ceramics, and a box containing a gold thread were unearthed during ...

Gold in Uncertain Times: Jewelry vs. Bullion

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 ...

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, ...

Heritage: The Mummies of Qadisha (2/2)

The medieval Maronite mummies buried in 1990 in the Assi cave, beneath Hadat, sparked the curiosity of the explorers from GERSL (Groupe d'Études et de Recherches Souterraines du Liban) regarding this troubled period in the second half of the 13th century. Ancient Maronite accounts, copied in the 17th century by Patriarch Estéphanos Douaihy, ...

Farewell to Wads of Cash: Lebanon Unveils Banknotes of LBP 500,000 and 1 Million

After nearly six years of economic and financial turmoil, Lebanon has taken a long-anticipated step by issuing higher-denomination banknotes. Last Thursday, the Lebanese Parliament approved a draft law presented by MP Ziad Hawat, after nearly two years of legislative wrangling, granting the Banque du Liban (BDL) permission to issue notes of LBP ...

New Cryptocurrency May Be Aiding Russia to Dodge Sanctions

Russia could be turning to a new cryptocurrency called A7A5 to allow money to flow in and out of the country and avoid Western sanctions, experts have told AFP. Multiple rounds of international sanctions have been imposed on Moscow since its February 2022 invasion of Ukraine seeking to ramp up economic pressure to halt the war. But the launch of ...

The Mummies of Qadisha (1/2)

The Maronite mummies were discovered in the Qadisha Valley on July 13, 1990, by a team of speleologists from the Group for Subterranean Studies and Researches of Lebanon (GERSL). The team included Pierre Abi Aoun, Fadi Baroudi, Antoine Ghaouch and Paul Khawaja. After two years of exploration and excavation in the Assi cave, located in the Hadat ...

Gold Reserves in Lebanon Surge to $2 Billion!

The demand for precious metals in Lebanon continues to grow. According to data from the Economic Studies Center of the Beirut and Mount Lebanon Chamber of Commerce, Industry and Agriculture (CCIAB), imports of precious metals (customs classification) reached $2.572 billion in 2024, marking an increase of $46 million compared to the previous ...

Trump Tells US Treasury to Stop Minting New Pennies

US President Donald Trump said Sunday he had told the Treasury to stop producing penny coins, presenting it as an effort to cut down on government spending. "For far too long the United States has minted pennies which literally cost us more than 2 cents. This is so wasteful!" Trump wrote on his Truth Social platform. "I have instructed my ...

Stylish Christmas Slippers: The Stars of the Traditional Festive Season

Christmas slippers have become a true symbol of the season, reminding us of a cherished tradition that blends history, legend and modernity. Over time, they have undergone a subtle transformation, fusing ancient customs with contemporary tastes. A Tradition Anchored in History The history of Christmas slippers is deeply rooted in the past. Their ...

The Tale of the Christmas Coins

Once upon a time, in a small village nestled in the snow-covered mountains of Lebanon, there lived a group of playful and curious children. This peaceful and friendly village was known for a special tradition that occurred every Christmas: the mysterious “Christmas Coins.” The villagers, gruff yet somewhat mystical, spoke of these ...

ŠamaŠ: A Call for Peace Through Art and Music

Originally unveiled in 2017 at the Lebanese Pavilion of the Venice Biennale, ŠamaŠ (pronounced Shamash) seamlessly combines visual art and music. For the first time in France, visitors can experience this extraordinary piece at the IMA in Paris until April 6. Deeply symbolic, the project stems from Zad Moultaka’s profound reflection on ...

Royal Mint Launches Coins Dedicated to Paul McCartney

The Royal Mint has launched a new collection of £5 coins celebrating Paul McCartney’s exceptional career, highlighting his legacy with The Beatles, Wings, and his solo work. This marks the first time McCartney has been featured on an official UK coin. “It’s a tremendous honor,” McCartney stated, reflecting on his collaboration with the ...

A Journey Through the Mystery of Cleopatra at the Arab World Institute in Paris

Among all the women in history, Cleopatra has stood apart through her aura of mystery, her carefully cultivated image, and her lasting legacy. She has been woven into the fabric of history as both a femme fatale and a sovereign: a queen, a seductress, a shrewd politician, and an enigma. In Paris, the Arab World Institute is currently presenting ...

Will Stablecoins Become Everyday Money?

Stablecoins might not make people into surprise millionaires the way bitcoin did, but these cryptocurrencies are designed to be more useful when it comes to daily life. The GENIUS Act, a regulatory framework recently signed into law by US President Donald Trump, may boost stablecoins, digital currencies with values pegged to a country's ...

Chammas: No Need to Panic, Fuel Is Available

With the deterioration of the situation in Lebanon and the intensification of bombardments, citizens fear shortages of all kinds, especially of fuel, as the Lebanese cannot forget the summer of 2021 and its gasoline shortages. On Monday afternoon, queues formed outside several gas stations. But there's no reason to panic just yet, as gasoline and ...

Macron to Supply Fighter Jets to Serbia

Expectations are high that France and Serbia will sign a deal worth billions of euros to supply fighter jets to the Balkan country during a visit by President Emmanuel Macron to Belgrade this week. The French president will kick off a two-day visit to Serbia Thursday, with the Rafale fighter jet deal looming large after President Aleksandar Vucic ...

Now What?

  In 2006, the famous "if I had known" excuse might have hinted at a sense of remorse after the devastation of South Lebanon, of Beirut suburbs, and the loss of thousands of lives. Gulf countries invested billions to rebuild the country at the time. Nineteen years later, the same players are on stage, making the same strategic blunders. ...

Lebanon’s Demographic Crisis: Omen of an Aging Population

  Lebanon’s ongoing economic crisis and the growing threat of war have resulted in a new phenomenon: fewer children in Lebanese households. Health professionals in particular have observed this trend firsthand. “Five years ago, I used to deliver 100 babies a year; now I deliver only 30,” Dr. Miled Rizk, a gynecologist at the Middle ...

'Emily in Paris:' A Glamorous Showcase?

The Netflix series Emily in Paris pushes the boundaries of product placement, making it a central character in the storyline. Luxury brands, mainstream retailers and tech giants compete creatively to grab viewers’ attention, turning fiction into a massive catalog. It’s hard to escape the flood of logos that bombard viewers of Emily in Paris. ...

"Optimum Invest" Case: File Sent to Beirut's First Investigative Judge

The preliminary investigation into the "Optimum Invest" case has been concluded. The Public Prosecution at the Court of Cassation closed the file and transferred it to the Financial Prosecutor's Office, which has initiated proceedings against the former governor of the Banque du Liban, Riad Salameh, who is being held in preventive detention in ...