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BDL Takes Action: Ban on Transactions with Al-Qard Al-Hassan & co.

The circular (No. 170) published by the Banque du Liban, accompanied by Basic Decision No. 13335, marks a decisive turning point in regulating the Lebanese financial sector. By formally banning banks and financial institutions from any relationship with unauthorized entities, particularly the association Al-Qard Al-Hassan, the Banque du Liban is ...

Cosmetic Counterfeits: Lebanon Grapples with the Surge of Fake Beauty Products (2/3)

On Instagram, just a few clicks on reseller accounts or sponsored stories plunge you into a sleek, alluring world where top brands — Lancôme, Estée Lauder, Guerlain, Dior, La Roche-Posay — are sold at slashed prices. Descriptions sound convincing: “imported from the US,” “end-of-line stock before ...

Saudi Arabia to Host First Esports Olympics in 2025

Saudi Arabia will host the inaugural Esports Olympics in 2025, the International Olympic Committee said on Friday. "The International Olympic Committee (IOC) today announced that it has partnered with the National Olympic Committee (NOC) of Saudi Arabia to host the inaugural Olympic Esports Games 2025 in the Kingdom of Saudi Arabia," the body ...

Peter, Murphy and Overton by the Country’s Side

  Laurence Peter was not really a cynical man at heart. He was a simple, competent Canadian educator, mainly serving at the University of Southern California, and passed away in 1990. However, in the meantime, he upset the administrative and business world with The Peter Principle, a book published in 1960 that was translated into 38 ...

Iranian Diplomats Allegedly Smuggled Millions in Cash to Hezbollah via Beirut

Iranian diplomats used diplomatic passports to ferry large sums of U.S. dollars to Lebanon in recent months, allegedly channeling cash directly to Hezbollah as the group struggles to recover from heavy military and financial losses, according to an investigation published by Iran International. The outlet reported that at least six senior Iranian ...

President Aoun Says He Seeks Washington Visit

Lebanese President Joseph Aoun on Thursday expressed hope of traveling to Washington to meet U.S. President Donald Trump as Beirut intensifies diplomatic efforts to extend the fragile ceasefire between Hezbollah and Israel and launch formal negotiations to end hostilities with Israel. The statement came at the close of a Lebanese cabinet session ...

On the Streets of Tehran: Teenagers Armed With Machine Guns

In the security crackdown ordered by Iranian authorities since the start of the war, an unsettling new sight on the streets of Tehran has put residents on edge: teenagers armed with machine guns. During the first weeks of the war against the United States and Israel, checkpoints sprang up around the capital, often comprising police or military ...

Defiant Iran Ramps up Attacks After Trump Warning

Iran launched fresh attacks across the Middle East on Monday and threatened "devastating" retaliation, after US President Donald Trump's expletive-laced warning that Tehran must reopen the Strait of Hormuz. Israel, Kuwait and the United Arab Emirates reported a barrage of missile and drone strikes early Monday. The attacks came as Tehran ramped ...

Hegseth Hails Iran Victory as U.S. Military Presence Continues

U.S. Defense Secretary Pete Hegseth said Wednesday that American forces have achieved a “historic and overwhelming victory” against Iran, while stressing that U.S. troops will remain deployed in the region to ensure compliance with a tentative peace agreement. Speaking at a Pentagon press conference, Hegseth underscored that despite President ...

Israeli FM Says Keen to Reach 'Peace and Normalization' with Lebanon

Israel's Foreign Minister Gideon Saar said his country is seeking "peace and normalization" with Lebanon, ahead of talks between officials from both nations in Washington on Tuesday. "We want to reach peace and normalization with the state of Lebanon... Israel and Lebanon don't have any major disputes between them. The problem is Hezbollah," Saar ...

What Went Wrong for the Shia

The Shia have a problem. While many Sunni-majority states, from the Gulf states to Turkey, have achieved varying degrees of governance success and economic growth, Shia-led political projects have little to show for themselves. Since the 1979 Islamic Revolution, they have been at the center of wars, terrorist networks, and state failure even as ...

Trump Says Deal Is Days Away, Iran Accuses Him of ‘Lies’

U.S. President Donald Trump said that a deal with Iran could be reached “within days” and that negotiations have “no sticking points,” while Iranian officials on Saturday rejected his claims and said key issues remain unresolved. Trump said talks with Iran could resume as early as this weekend, possibly in Islamabad, and ...

No Date Set for Next Round of Iran-U.S. Talks: Iran Deputy FM

No date has been set for the next round of Iran–U.S. peace talks brokered by Pakistan following the failure of an initial round, Iran's deputy foreign minister said on Saturday. "Until we agree on the framework, we cannot set a date," Saeed Khatibzadeh told journalists on the sidelines of an annual diplomatic forum in Turkey's southern Antalya ...

NATO 'Will Always Defend' Turkey: Chief Says

NATO chief Mark Rutte said on Wednesday the alliance would do "what's necessary to defend" its members, including Turkey, after intercepting four missiles fired from Iran and heading into Turkish airspace over the past weeks. A member of the U.S.-led defense alliance, Turkey, which borders Iran, has been largely spared the sort of retaliation ...

Israel President Says He Dreams of ‘Driving Straight to Beirut’

Israeli President Isaac Herzog said Wednesday he hopes Israelis will one day be able to travel freely to Beirut, speaking to foreign diplomats in Jerusalem ahead of direct talks between Israel and Lebanon. Speaking to a gathering that included envoys from the United Arab Emirates and Bahrain, Herzog said Israel was “eager” to help shape a ...

Iran Executes Another 'Political Prisoner,' NGO Says

Iran on Thursday hanged a man convicted of membership in a banned opposition group, the judiciary said, with an NGO describing him as the latest "political prisoner" to be executed in an unprecedented trend. Sultan Ali Shirzadi Fakhr was hanged on charges of membership of the People's Mujahedin (MEK) and "collaboration with the Israeli regime's ...

Berri Navigates Lebanon’s Ceasefire Opening

A fragile U.S.-brokered ceasefire has opened a narrow political window for Lebanon, with Parliament Speaker Nabih Berri’s stance on the talks evolving amid diplomatic contacts with Saudi Arabia. The latest came in a phone call with Saudi Foreign Minister Faisal bin Farhan Al Saud hours before a second round of talks with Israel on ...

Pakistan Hosts Saudi Arabia, Turkey, Egypt for Talks on Mideast War

Pakistan, Saudi Arabia, Egypt and Turkey on Sunday held talks about trying to end the war in the Middle East, as Islamabad acts as a go-between between the United States and Iran. The four-way meeting between the top diplomats of the Muslim nations lasted several hours in the Pakistani capital, Islamabad. Pakistan has emerged as a key facilitator ...

Gulf States in Limbo as US-Iran Crisis Drags On

After weathering unprecedented attacks from Iran, the wealthy Gulf states are now stuck between war and peace as talks stall and the vital Strait of Hormuz remains all but closed—threatening economic recovery. Iran has hit Gulf energy exports with its Strait of Hormuz blockade, while its attacks have caused damage to energy infrastructure ...

Oil Rises Over 1% as U.S.–Iran Talks Stall

Oil prices rose more than 1% on Monday as stalled U.S.-Iran talks and ongoing disruptions to shipping through the Strait of Hormuz tightened global supply, according to Reuters. Last week, Brent and West Texas Intermediate gained nearly 17% and 13%. This marked ​the biggest weekly gains since the start of the war. Tensions in the Gulf have ...

Arrival of Third U.S. Carrier Marks First Triple Deployment in Middle East Since 2003

For the first time since the 2003 Iraq War, the United States has deployed three aircraft carrier strike groups simultaneously to the Middle East, marking a major escalation in its military posture in the region, according to the United States Central Command. The latest deployment follows the arrival of the USS George H. W. Bush strike group, ...

If Boycotting Israel Requires a Law, Is It Truly Popular?

Hezbollah and its global Intifada allies claim that the overwhelming majority of Lebanese, Arabs, and people of conscience view Israel as pure evil, a cancer to be eradicated. Yet if this hatred is truly so deep and universal, why does Lebanon still need to enforce its heavy-handed law boycotting Israel? The statute criminalizes any contact with ...

Iran Offers New Proposal Amid Stalled U.S. Peace Talks

According to Iranian state media reporting on Friday, Iran delivered a new proposal for peace talks with the U.S. via mediator Pakistan, with negotiations between the two sides frozen despite a weeks-long ceasefire. The text of the proposal was handed to Islamabad on Thursday evening, the IRNA news agency reported. The war, launched by the ...

Trump’s Deal of the Century for Lebanon

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 ...

U.S. Ambassador Issa: Aoun–Trump Meeting Would Not Be a Concession

U.S. Ambassador to Lebanon Michel Issa said Monday that a potential meeting between Lebanese President Joseph Aoun, U.S. President Donald Trump, and Israeli Prime Minister Benjamin Netanyahu should not be viewed as a loss or concession for Lebanon. Speaking in a live address, Issa stressed that such a meeting would provide an opportunity for ...

Ancient Greek Artifacts: Athenian Vase's Historic Journey

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, ...

In Lebanon, How to Sort the Gold From the Chaff?

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.