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+114% in 2025: Silver Breaks Free and Takes Center Stage
Liliane Mokbel 2025-12-20 14:00 - Reading : 2 minute(s)
Silver has delivered a historic performance in 2025. Since the beginning of the year, the white metal has surged by more than 114 percent, reaching an all-time high of 64 dollars per ounce. For the first time in years, silver is no longer following gold’s lead. Its rise has clearly outpaced gold, whose price has increased by around 60 percent, ...
Gap Law: A Legalized Expropriation of Deposits
This is Beirut 2025-12-21 12:05 - Reading : 5 minute(s)
Banks BDL Lebanon Economy Gap Law
Wrapped in the technical language of financial restructuring, the Gap Law is presented as a necessary step to correct the imbalance of Lebanon’s banking system. Behind this rhetoric lies a far more serious reality: the legalization of a massive expropriation of bank deposits, in blatant disregard of property rights, legal certainty, and the very ...
Gap Law: The Programmed Destruction of the Banking Sector
This is Beirut 2025-12-21 15:05 - Reading : 5 minute(s)
Lebanon Economy Banks BDL Gap Law
Presented as a restructuring measure, the Gap Law organizes a methodical liquidation of the Lebanese banking sector. Behind complex technical mechanisms—loss hierarchy, balance-sheet cleanup, recapitalization—lies a clear political choice: to sacrifice banks to settle a public crisis that the state refuses to assume. This text does not reform ...
Lebanon’s Cabinet Divided Over Controversial Financial Gap Law
This is Beirut 2025-12-22 20:25 - Reading : 3 minute(s)
Lebanon Nawaf Salam International Monetary Fund Banks Central Bank of Lebanon Gap Law
The controversial financial Gap Law presented as key to resolving Lebanon’s enduring banking crisis that deprived depositors of their savings, topped discussions at Monday’s cabinet meeting, exposing differences among ministers. The session, attended by Central Bank Governor Karim Souaid, was adjourned and will resume Tuesday to ...
Lebanon Signs Deal to Purchase Natural Gas from Egypt
This is Beirut 2025-12-29 17:00 - Reading : 2 minute(s)
Lebanon Nawaf Salam Joseph Aoun USA Natural Gas
Lebanon said Monday it plans to purchase natural gas from Egypt, seeking to reduce its reliance on fuel oil for its ageing power plants in a country hamstrung by regular electricity cuts. The electricity sector has cost Lebanon more than $40 billion since the end of its 1975-1990 civil war, and successive governments have failed to reduce losses, ...
French Cinema Icon Brigitte Bardot to Be Buried in Saint-Tropez cemetery
This is Beirut 2025-12-29 17:10 - Reading : 4 minute(s)
Cinema Brigitte Bardot Icon Funeral France
Cinema icon Brigitte Bardot is to be buried in a graveyard in her hometown of Saint-Tropez, an official said Monday, as France wrestles with how to pay tribute to a cultural legend who in later years championed far-right views. Bardot, who died on Sunday aged 91 after decades as an animal rights campaigner, had said she wanted to be laid to rest ...
Who are the Shia Opposition Seeking to Break Hezbollah’s Stranglehold?
Claudia Groeling 16/01 19:29 - Reading : 9 minute(s)
Lebanon Shia Opposition Hezbollah Amal Disarmament Israel
Lebanon’s upcoming parliamentary elections, coming on the heels of the 2024 Hezbollah–Israel war that devastated the organization and its core constituencies, have reopened the question of Shia political representation. For decades, Lebanese political discourse has treated the Shia community as a unified political bloc, electorally ...
The Middle East Will Not Heal Until Iran Is Free
Rawan Osman 20/01 09:05 - Reading : 4 minute(s)
Iran Tehran Protests Lebanon Syria Israel
As Iranians flood the streets in mass demonstrations, demanding freedom at extraordinary personal risk, a fundamental truth has become impossible to ignore. The Middle East cannot heal until Iran is free from the Islamist regime that has poisoned the region for nearly half a century. I came to this conclusion from lived experience, not ideology ...
Israel Won the War, So Why Is the Muslim Brotherhood Winning the Peace?
Hussain Abdul-Hussain 20/01 13:00 - Reading : 4 minute(s)
Israel Iran Hezbollah USA Muslim Brotherhood
The new regional order taking shape appears to be a haunting inversion of the post-9/11 era. At the time, the U.S. smashed Sunni powers, the Taliban and Saddam Hussein, incidentally empowering Iran and its sprawling proxy network. Washington even called Shia Islamism the more “reasonable” alternative and partnered with Tehran against ...
Aoun Hails State Control of Arms and Pledges Continued Reforms
This is Beirut 20/01 13:20 - Reading : 3 minute(s)
Lebanese Army Emmanuel Macron Lebanon Internal Security Forces Joseph Aoun South Lebanon United States Qatar France Egypt
President Joseph Aoun stressed on Tuesday that the Lebanese government last year took a historic step by endorsing a plan aimed at confining weapons to state authority and extending state control over Lebanese territory exclusively through its own forces, calling the move a major turning point despite the challenges of implementation. Addressing ...
2026 NDS: America First Ushers in a New Era of Selective Engagement in the Middle East
Amal Chmouny 24/01 19:40 - Reading : 7 minute(s)
United States Middle East Iran
The newly released 2026 National Defense Strategy (NDS) marks a dramatic pivot in American foreign policy, embracing what officials call “pragmatic realism” while fundamentally redefining U.S. engagement in the Middle East. Under an “America First” framework, the strategy moves away from large-scale military interventions in favor of ...
Khamenei Eliminated: The Collapse of a 30-Year Rule
This is Beirut 28/02 22:10 - Reading : 3 minute(s)
Iran Ali Khamenei US Israel war
Today, with reports confirming his death in the U.S. and Israeli strikes, Iran and the Middle East face a period of uncertainty. Khamenei’s passing ends an era of over three decades at the pinnacle of power, during which he shaped Iran’s domestic policies and regional strategy. His death opens the door to intense succession struggles ...
Israel Expands Precision Strike Capability, $200 Million Deal Awarded to Elbit Systems
This is Beirut 23/04 10:00 - Reading : 1 minute(s)
Elbit Systems announced on Thursday that it has been awarded a series of contracts worth approximately $200 million by the Israeli Ministry of Defense (IMOD) for the supply of advanced airborne munitions. The contracts, disclosed in an official company statement, cover the delivery of air-launched weapon systems, reinforcing Elbit’s role as a ...
Israel Expands Air Power with F-35I and F-15IA Deal Following Lessons from Iran Conflict
This is Beirut 03/05 23:30 - Reading : 3 minute(s)
Israel has approved the acquisition of two additional fighter jet squadrons from the United States. The deal includes a fourth squadron of F-35I stealth fighters and a second squadron of F-15IA strike aircraft, both supplied by U.S. defense manufacturers Lockheed Martin and Boeing. The announcement, made by the Israeli Ministry of Defense, ...
“Advent:” Another Kind of Waiting
Sana Richa Choucair 2025-12-14 15:00 - Reading : 3 minute(s)
Europe United States Calendar Christmas
Just ten days to go before Christmas! December seems to accelerate: candles are lit, calendars are opened, and houses fill with quiet rituals marking the slow march toward the holiday. This stretch of days, with its familiar traditions and its particular rhythm, bears a name rooted in centuries of language and custom: Advent. A word that carries ...
Trump’s Deal of the Century for Lebanon
Hussain Abdul-Hussain 04/05 09:45 - Reading : 4 minute(s)
Donald Trump Lebanon Benjamin Netanyahu Banks EDL
Iran, Hezbollah, and Hamas do not end wars; they only pause them. They make limited concessions to secure a ceasefire, only to exploit the fragile status quo to rearm and prepare for the next round. This is why they shun direct negotiations, whether between Lebanon and Israel or the U.S. and Iran, preferring instead to haggle over irrelevant ...
President Trump Vows ‘Complete Victory’ Over Iran as Diplomatic Deadlock Deepens
This is Beirut 11/05 20:10 - Reading : 5 minute(s)
Iran USA Trump Hormuz Negotiations USIranWar
U.S. President Donald Trump declared Monday that Washington remains determined to achieve “complete victory” over Iran, signaling a sharp hardening of the American position as negotiations with Tehran appear increasingly deadlocked and the fragile regional ceasefire edges closer to collapse. “We’re going to have a complete ...
Audi: Our State Resigned from Its Duties Decades Ago
This Is Beirut 2023-12-02 14:50 - Reading : 1 minute(s)
Metropolitan of Beirut and its Greek Orthodox affiliates, Bishop Elias Audi, said that “even electing a president for the country requires one and two years for us, and strenuous efforts, while in democratic countries it is a natural work, and even a duty, undertaken by representatives to ensure the progress of the country," in a sermon held ...
2024 Budget: Consumption Taxes to Be Based on Price Index
This Is Beirut 2023-12-04 19:43 - Reading : 1 minute(s)
The Parliamentary Finance and Budget Committee, chaired by MP Ibrahim Kanaan, completed the study of the articles of the draft budget for the year 2024 on Monday and will start examining the budgets allocated to various administrations on Wednesday. The committee, which met on Monday, rejected the surcharges and new taxes proposed by the ...
Editorial – Hamas’ Announcement: Double Standards
Michel Touma 2023-12-06 14:01 - Reading : 3 minute(s)
A serious misstep... Both in presentation and principle. On Tuesday, while using convoluted language, the spokesperson for the Hamas movement in Lebanon felt it necessary (upon whose advice?) to elaborate on the previous day's announcement regarding the establishment of "Al-Aqsa Flood Vanguards." Thus, the Palestinian fundamentalist figure ...
Maronite Bishops Condemn Sovereignty Violations in South Lebanon
This Is Beirut 2023-12-06 16:32 - Reading : 2 minute(s)
The Maronite bishops condemned on Wednesday the “opening of new fronts in southern Lebanon by any Palestinian factions because it violates Lebanon's sovereignty as an independent state,” emphasizing that “the decision of war and peace must solely lie with the Lebanese state, considering its repercussions on the entire Lebanese people.” In ...
RSF Advocates for Free Press Movement in Gaza via Rafah
This Is Beirut 2023-12-07 11:59 - Reading : 2 minute(s)
Reporters Without Borders (RSF) urged Israel and Egypt to allow journalists to move freely across the Rafah crossing. During the two-month Israel-Hamas conflict, no reporters were authorized to enter Gaza via Rafah, RSF said. Media rights group Reporters Without Borders (RSF) urged Israeli and Egyptian authorities on Thursday to allow journalists ...
From Tyre, Rai Sends a Message of Peace and Solidarity
This Is Beirut 2023-12-07 20:09 - Reading : 2 minute(s)
Maronite Patriarch Archbishop Bechara Rai sent a message of peace on Thursday from Tyre, where he toured in solidarity with the inhabitants of southern Lebanon, particularly those in border villages who have largely fled their homes in the face of ongoing Israeli bombardment since October 8, when Hezbollah opened the southern front in support of ...
US Vetoes UN Security Council Resolution Calling for Gaza Ceasefire
This Is Beirut 2023-12-08 18:32 - Reading : 5 minute(s)
The United States on Friday vetoed a UN Security Council resolution that would have called for an immediate ceasefire in the intense fighting between Israel and Hamas in Gaza. The United States' deputy representative at the UN, Robert Wood, said the resolution was "divorced from reality" and "would have not moved the needle forward on the ...
Chérine Yazbeck’s Fragments of Memory Prevail…
2023-12-13 13:22 - Reading : 3 minute(s)
Art Design Lebanon currently presents Chérine Yazbeck's solo exhibition, Beirut Blast & Other Stories. This deeply moving and evocative exhibition, composed of nine chapters, represents the pinnacle of Yazbeck's four-year endeavor. It vividly captures and embodies the spirit of Beirut in the aftermath of the catastrophic explosion. Beirut ...
CNSS: Additional 102 Billion for Dialysis Patients
This Is Beirut 2023-12-14 22:14 - Reading : 1 minute(s)
The National Social Security Fund (CNSS) transferred on Thursday an additional 102 billion pounds for the treatment of dialysis patients. CNSS announced, in a statement, that its Director General, Mohammad Karaki, has instructed the relevant financial departments to transfer an additional 102 billion Lebanese pounds for the treatment of dialysis ...
Stars Sing Christmas for Their Elders: 'Shining Stars of Hope'
2023-12-17 18:00 - Reading : 9 minute(s)
The Takreem Foundation, led by journalist and presenter Ricardo Karam, organizes a grand Christmas carol event, dubbed “Shining Stars of Hope,” to be held at the Casino du Liban on Thursday, December 21. The proceeds will go to struggling stars and artists. The evening will be hosted by Ronza, Fadia Tomb el-Hajj, Yuri Mrakadi, Tania Kassis, ...
Hamas Leader in Egypt for Talks on Gaza Truce
This Is Beirut 2023-12-20 11:47 - Reading : 2 minute(s)
Cairo Gaza Hamas hostages Iran Ismail Haniyeh
The leader of Hamas arrived in Egypt on Wednesday as hopes grew that Israel and the Palestinian militant group might be inching toward another truce and hostage release deal in the Gaza war. The Qatar-based Hamas chief, Ismail Haniyeh, arrived in Cairo for discussions on “aggression in the Gaza Strip and other matters,” the group said in a ...
Lancel’s B.B.: Parisian Glamour Inspired by Brigitte Bardot
Bélinda Ibrahim 2025-12-14 18:30 - Reading : 3 minute(s)
Brigitte Bardot B.B Lancel Bags Iconic Fashion Culture
How do you create a bag inspired by an icon like Brigitte Bardot? How can an accessory express the freedom, instinct, and tenderness she embodies? In embracing this challenge, Lancel was not aiming simply to produce a collaboration. The house sought to capture what Bardot represents in the collective imagination: a feeling of lightness, a sense of ...
Lebanon’s Collective Trauma Needs Peace
Salam El Zaatari 2025-12-11 15:00 - Reading : 6 minute(s)
Lebanon Syria Hezbollah Sunnis Divisions Shia
There was an unmistakable irony on Monday as Lebanon’s “Sunni street” marked the first anniversary of the fall of the Bashar al Assad regime. The same community that has condemned its Shia counterparts for venerating Iran’s rulers now engages in the same political canonization, this time for Syria’s new leaders. The motorbike convoys ...