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A Rescue Plan for Sustainable Development

The stakes could not be higher. A decade after the adoption of the Sustainable Development Goals and many global commitments to finance them, two-thirds of the targets are lagging. The world is also falling short by over $4 trillion annually in the resources that developing countries need to deliver on these promises by 2030. Meanwhile, the ...

Iran-Israel War: Latest Developments

Classified US intelligence suggests that American strikes on Iran set back its nuclear program by just a few months, contradicting President Donald Trump's claim of total destruction. Here are the latest developments as a truce between Iran and Israel appeared to be holding early Wednesday:  'Significant hit'  The Israeli ...

Real Madrid Held As Man City, Juve Triumph In Club World Cup Openers

Real Madrid were held to a 1-1 draw by Saudi Arabia's Al Hilal at the Club World Cup in new coach Xabi Alonso's first game in charge on Wednesday, after Manchester City got off to a winning start. In the late game Juventus thrashed Al Ain 5-0 in Washington after visiting US President Donald Trump at the White House. Federico Valverde had a ...

If Iran's Khamenei Falls, What Would Replace Him?

Israel increasingly appears eager to oust the clerical leadership that has ruled Iran since the 1979 Islamic revolution but is taking a gamble given the Iranian opposition is divided and there is no guarantee new rulers would be any less hardline, analysts say. By striking targets other than nuclear or ballistic facilities, such as Iran's ...

Lebanon’s Tense Summer: When Fear Meets Humor

As summer gets underway, a new conflict, this time between Israel and Iran, has once again cast a shadow over Lebanon. “Our summers are always ruined,” says Karl bitterly. In his forties, he launches into a familiar lament, recalling the many local and regional summers marred by war that inevitably spill over into Lebanon and wear down the ...

Pakistan to Nominate Trump for Nobel Peace Prize

Pakistan announced on Saturday that it would recommend U.S. President Donald Trump for the Nobel Peace Prize, recognizing his role in resolving the recent conflict between India and Pakistan – an accolade he has openly said he craves, Reuters reports. Some Pakistani analysts believe the move could be a calculated effort to influence ...

Turning 80, UN Faces Fresh Storm of Doubts

With its influence discredited and its budget in tatters, the United Nations is weathering a firestorm of criticism as it celebrates its 80th anniversary -- and tries to convince a polarized and conflict-wracked world it is more vital than ever. The UN's 193 member states will mark Thursday the signing of the organization's foundational treaty, ...

Parliament Committee Approves Military Grants and Green Agriculture Loans

A joint parliamentary committee approved a draft law on Monday to open an additional credit line in the 2025 state budget, allocating monthly financial grants to military personnel. Under the proposed law, active-duty soldiers will receive LBP 14 million per month, while retired military personnel will receive LBP 12 million. Payments are ...

Syria’s Christians in the New Order: A Fight for Survival

The suicide bombing that struck Saint Elias Greek Orthodox Church on Sunday, June 22, in Damascus’s Dwelaa district has reignited deep fears among Syria’s Christian community – already alarmed by the growing influence of Islamist groups in the country. The attack, claimed by the “Saraya Ansar al-Sunna” group, killed at least 22 ...

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, ...

Parliamentary Committee Debates LBP 2,000 Billion Credit Allocation

The Finance and Budget Committee, chaired by MP Ibrahim Kanaan, convened on Tuesday to review a proposed supplementary credit of 2,000 billion Lebanese liras to the national budget. The session, held in the presence of Finance Minister Yassine Jaber, Justice Minister Adel Nassar, numerous MPs and representatives from key public institutions, ...

US Intel Says Strikes Did Not Destroy Iran Nuclear Program

A classified preliminary US intelligence report has concluded that American strikes on Iran set back Tehran's nuclear program by just a few months -- rather than destroying it as claimed by President Donald Trump. US media on Tuesday cited people familiar with the Defense Intelligence Agency (DIA) findings as saying the weekend strikes did ...

Trump Whirlwind to Test NATO Summit Unity

Will he play nice? That's the question for NATO leaders nervously waiting to see if a carefully choreographed show to please US President Donald Trump will pay dividends when the alliance summit gets down to business on Wednesday. Every precaution is in place to avoid a Trump blow-up at the Hague summit, from giving him credit for a historic ...

US Hits Back at Accounts Iran Moved Uranium

President Donald Trump's administration hit back Wednesday at accounts Iran may have moved enriched uranium before US bombing, as a row grew on how much the strikes set back Tehran's nuclear program. Trump, seeking credit for ordering military action and then quickly announcing a ceasefire between Israel and Iran, has lashed out angrily ...

Iran: What Are the Chances for a Popular Uprising?

The recent regional war that has shaken the Middle East has reignited a persistent question: Is Iran now on the brink of a large-scale popular uprising capable of shaking, or even overthrowing, the current regime? Could the current circumstances truly lead to a profound political transformation, or should we instead expect a tightening of ...

The Day the Middle East Reset Itself

On the morning of June 22, 2025, the world woke up to the smoldering ruins of Iran’s most fortified nuclear facilities – Fordow, Natanz and Isfahan. The strikes, led by Israel and backed silently but unmistakably by the United States, were not a surprise to those watching closely. This wasn’t a spontaneous act of self-defense. It was the ...

The Ministry of Finance Still Stuck in the Paper Age

Finance Minister Yassine Jaber has announced a $6 million allocation from the Lebanon Financing Facility (LFF) to modernize tax and land registry systems and support the ministry’s ongoing reform and digital transformation efforts. Established in December 2020 under the World Bank’s guidance following the Beirut port explosion, the LFF is a ...

Rwanda, DR Congo Sign Peace Deal in US After Rebel Sweep

Rwanda and the Democratic Republic of Congo signed a peace agreement Friday in Washington to end fighting that has killed thousands, with the two countries pledging to pull back support for guerrillas -- and President Donald Trump boasting of securing mineral wealth. "Today, the violence and destruction comes to an end, and the entire region ...

Central Bank of Lebanon’s Governor Proposes a Specialized Body for Bank Restructuring

The subcommittee of the parliamentary Finance and Budget Committee, chaired by MP Ibrahim Kanaan, continues its review of the draft Banking Sector Restructuring Law. The discussions are centered on resolving divergences between the government's proposal, the IMF’s recommendations, and the proposals presented by Central Bank of ...

Netanyahu 'Must Go', Says Former Israeli PM Bennett

Israel's Prime Minister Benjamin Netanyahu must leave office, his predecessor Naftali Bennett has said in a televised interview, refusing to say whether he intends to challenge the country's longest-serving leader in an election. In an interview with Israel's Channel 12 that aired on Saturday, former prime minister Bennett said Netanyahu "has ...

Tensions over Expat Vote Spark Heated Parliamentary Session

Parliament’s legislative session on Monday morning opened under palpable tension, against the backdrop of deep divisions over proposed amendments to the electoral law, particularly concerning the voting rights of Lebanese expatriates. Shortly after the session began, MPs from the Lebanese Forces (LF), the Kataeb party and several members of ...

US Senate in Final Push to Pass Trump Spending Bill

US senators were in a marathon session of amendment votes Monday as Republicans sought to pass Donald Trump's flagship spending bill, an unpopular package set to slash social welfare programs and add an eye-watering $3 trillion to the national debt. The president wants his "One Big Beautiful Bill" to extend his expiring first-term tax cuts at a ...

Banking Reform Heats Up as Souhaid Pushes to Clarify Commission Powers

Most members of the Finance and Budget Committee’s subcommittee tasked with reviewing the draft Banking Reform Law agree on the need to protect the legislative reform process from both endless debate and political divisions, which could undermine the urgent financial restructuring Lebanon requires domestically and internationally. Participants ...

Parliament Approves Key Bills Amid Boycotts

After a series of delays and political standoffs, the Lebanese Parliament finally convened the second day of its plenary legislative sessions on Tuesday, but not without controversy. Initially postponed the evening before and then delayed by over an hour, the session opened just after midday, with the absence of MPs from the Kataeb Party, the ...

Big Beautiful Bill: America’s Divisive Tax Overhaul

Passed by the US Senate last Tuesday by a majority of 51 votes to 50, thanks to the decisive vote of Vice President J.D. Vance, the One Big Beautiful Bill Act (OBBBA), nicknamed the “Big Beautiful Bill” (BBB), is currently the most ambitious and polarizing budget bill championed by Donald Trump since his return to the political ...

Lebanon: A Laboratory for a Pharmaceutical Industry in Full Transformation

Lebanon has always played a central role in the health field in the Middle East. A land of renowned hospitals, foreign-trained doctors, Gulf patients and proven pharmaceutical know-how, the 1990s saw the return in force of multinational drug companies, firmly established in a country relying on imports as a guarantee of quality in a liberal ...

Washington Moves Toward Easing Economic Pressure on Syria

In a move that could signal a turning point in Washington-Damascus relations, United States President Donald Trump signed an executive order on June 30, 2025, partially lifting economic sanctions against Syria. These measures, in place for more than two decades, had severely isolated the Syrian economy and disrupted the functioning of most public ...

The Pope’s Passion for Books and Tragedies

Pope Francis advocates for the power of reading and champions this brain activity for personal and spiritual growth. Pope Francis's literary inclinations took center stage on Sunday, August 4, as the Vatican released a letter in which the pontiff extolled the virtues of reading, particularly for young priests. In his July 17 letter, published in ...

Port of Beirut: Lebanon's Economic Lifeblood

The Port of Beirut is Lebanon's main gateway for goods. Covering over 1.2 square kilometers with its four basins, it handles approximately 1.3 million containers each year using 16 cranes and 39 gantries. The Port of Beirut is one of the top ten Mediterranean ones and serves as a vital gateway to the Middle East. Using auto-financing, the port ...

Basketball – 2027 World Cup Qualifiers: Lebanon Survives a Scare, Khayat Delivers the Dagger

In Doha, the script had everything to become the perfect trap. Facing Lebanon was a Qatari team already qualified by default for the 2027 World Cup as host nation, but in full “resurgence” and determined to send a message to the rest of Asia. Opposite them, a Lebanese team favored on paper, 30th in the FIBA rankings, with a new coach on the ...