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Ancient Greek Artifacts: Athenian Vase's Historic Journey
2023-12-09 10:30 - Reading : 2 minute(s)
Acropolis Museum Athenian Vase
This week, the Acropolis Museum in Athens commenced the display of a remarkable Greek vase, hitherto housed in the British Museum for a quarter of a millennium. This venerable artifact, dating back 2,500 years, is part of a rare loan arrangement. On Tuesday December 5, organizers of the exhibit unveiled this historic piece. Nikolaos Stampolidis, ...
Farewell to Wads of Cash: Lebanon Unveils Banknotes of LBP 500,000 and 1 Million
Christiane Tager 28/04 22:05 - Reading : 3 minute(s)
Banks Banque du Liban Central Bank of Lebanon
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 ...
In Lebanon, How to Sort the Gold From the Chaff?
Maroun Chahine 2024-02-25 09:00 - Reading : less than a minute
Investing in gold can provide stability and financial security, but price volatility and the risks associated with counterfeit gold coins can complicate matters. It is essential to carefully assess the advantages and disadvantages based on one's financial goals and risk tolerance.
Gold Price: Is a Trend Reversal Pointing in the Horizon?
Liliane Mokbel 2024-05-02 11:22 - Reading : 3 minute(s)
The fundamental principle of asset diversification remains unshakable despite the speculative fever surrounding a short-term surge in gold prices, with experts predicting a peak of $2,800 per ounce by the end of 2024. Lebanese investors have turned to gold since the onset of the multidimensional crisis in October 2019, even though the yellow ...
Valet Parking Delirium: “Because You’re Worth It”!
Bélinda Ibrahim 2024-09-02 18:00 - Reading : 4 minute(s)
Welcome to Lebanon, the land of Cedars and mafias of all kinds! The latest sensation? The parking valet mafia, which adds a certain flair to the already long list of leeches draining us to the bone with unparalleled delicacy. From electricity generators to water tanks, to currency exchangers, all of them, absolutely all, are lining their pockets ...
Bitcoin Nears $100K: Will Trump Boost Crypto?
Maurice Matta 2024-11-22 16:00 - Reading : 3 minute(s)
Donald Trump Republicans White House crypto bitcoin
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 ...
Royal Mint Launches Coins Dedicated to Paul McCartney
This is Beirut 2024-12-08 10:30 - Reading : 2 minute(s)
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 ...
The Tale of the Christmas Coins
Fady Noun 2024-12-22 09:30 - Reading : 5 minute(s)
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 ...
Stylish Christmas Slippers: The Stars of the Traditional Festive Season
Marie-Christine Tayah 2024-12-22 18:30 - Reading : 3 minute(s)
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 ...
Trump Launches His Own Cryptocurrency!
Christiane Tager 22/01 11:10 - Reading : 2 minute(s)
It was only a matter of time before Donald Trump had his own cryptocurrency, and now it’s finally here. Just two days before being inaugurated as the 47th president of the United States, Donald Trump launched his personal crypto. Trump has entered the cryptocurrency world with a "meme coin" bearing his likeness. The coin features Trump with a ...
Trump Tells US Treasury to Stop Minting New Pennies
This is Beirut 10/02 09:25 - Reading : 2 minute(s)
Donald Trump US Treasury United States Penny US Mint
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 ...
Now a believer, Trump hosts White House crypto summit
This is Beirut 07/03 18:25 - Reading : 3 minute(s)
Donald Trump White House USA Republicans cryptocurrency
Donald Trump on Friday hosts top cryptocurrency players at the White House, a political boost for an industry that has struggled to gain legitimacy -- and where the Republican president faces conflict of interest concerns. US crypto investors were major supporters of Trump's presidential campaign, contributing millions of dollars toward his ...
Gold Reserves in Lebanon Surge to $2 Billion!
Liliane Mokbel 12/04 12:00 - Reading : 1 minute(s)
lebanon Gold exports imports dollars
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 ...
The Mummies of Qadisha (1/2)
Amine Jules Iskandar 13/04 11:00 - Reading : 5 minute(s)
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 Rush for Nasrallah-Themed Memorabilia
This is Beirut 01/05 10:35 - Reading : 1 minute(s)
Hassan Nasrallah Hezbollah Gold Coin
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 ...
Accumulating Bitcoin a Risky Digital Rush by Companies?
This is Beirut 08/08 10:15 - Reading : 3 minute(s)
Donald Trump United States Bitcoin
US President Donald Trump's media group and Tesla, the electric carmaker owned by tech billionaire Elon Musk, are among an increasing number of companies buying huge amounts of bitcoin. The aim? To diversify reserves, counter inflation and attract investors, analysts say. Who also invests? Companies frequently own bitcoin -- the largest ...
Heritage: The Mummies of Qadisha (2/2)
Amine Jules Iskandar 04/05 10:00 - Reading : 5 minute(s)
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, ...
New and Simple Ways to Use Bitcoin
Christiane Tager 21/05 20:45 - Reading : 3 minute(s)
Let’s dive into the world of Bitcoin – a digital currency that is transforming global finance. Bitcoin (BTC) is much more than just a cryptocurrency: it is a decentralized currency, without a central bank or intermediaries, based on blockchain technology – a public and secure ledger. In other words, it’s money that never sleeps, doesn’t ...
Stocks Track Wall St Sell-Off as US Deficit Fears Grow
This is Beirut 22/05 10:50 - Reading : 5 minute(s)
USA Donald Trump Economy Bitcoin
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, ...
Gold in Uncertain Times: Jewelry vs. Bullion
Liliane Mokbel 07/06 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 ...
'Spectacular' Viking Burial Site Found in Denmark, Filled With Rare Treasures
This is Beirut 17/06 14:10 - Reading : 2 minute(s)
Denmark Archaeology Viking Burial Sites Discovery Culture
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 ...
Why Stablecoins are Gaining Popularity
This is Beirut 18/06 09:20 - Reading : 3 minute(s)
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 ...
Bulgaria to Get Final Green Light to Adopt Euro in 2026
This is Beirut 08/07 09:15 - Reading : 2 minute(s)
EU ministers are set to give the final green light on Tuesday for Bulgaria to adopt the euro on January 1, 2026, when the country would become the single currency area's 21st member. The European Commission said last month that the EU's poorest country had fulfilled the strict conditions to adopt the euro, while the European Central Bank (ECB) ...
Why Silver Is Stealing the Spotlight from Gold
Christiane Tager 17/07 21:45 - Reading : 2 minute(s)
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 ...
Tablecoin: When Human Intelligence Becomes a Currency
Christiane Tager 22/07 10:00 - Reading : 2 minute(s)
Donald Trump US Congress Washington dollars Artificial intelligence
As technological advances accelerate, Washington has just passed two landmark pieces of legislation: the country’s first national framework for stablecoins and the ambitious Genius Act. The aim? To regulate digital assets while safeguarding human intellectual contribution in an increasingly automated world. What Is the Genius Act? Recently ...
Trump Returns to His Scottish Roots to Open Golf Course on Ancestral Isle
This is Beirut 24/07 10:40 - Reading : 4 minute(s)
Donald Trump Scotland Aberdeen Golf
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 ...
A Journey Through the Mystery of Cleopatra at the Arab World Institute in Paris
Marie-Christine Tayah 24/07 11:00 - Reading : 2 minute(s)
Cleopatra Paris Arab World Institute Exhibition Culture Egypt
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 ...
New Cryptocurrency May Be Aiding Russia to Dodge Sanctions
This is Beirut 25/07 13:15 - Reading : 3 minute(s)
Russia Sanctions EU Crypto Stablecoin
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 ...
Will Stablecoins Become Everyday Money?
This is Beirut 30/07 09:55 - Reading : 3 minute(s)
Donald Trump dollar Stablecoin
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 ...
Istanbul Mayor's Staff Targeted by Dozens of Arrest Warrants
This is Beirut 31/05 12:45 - Reading : 1 minute(s)
Turkey Recep Tayyip Erdogan Istanbul
Turkish authorities have issued 47 arrest warrants for municipal officials and staff across Istanbul, whose mayor—the main political rival to President Recep Tayyip Erdogan—has been jailed since March, the state news agency Anadolu reported on Saturday. The warrants were based on "four separate corruption investigations centered ...