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Mansouri Discusses a New Proposal for Deposits' Categorization

The interim governor of the Central Bank of Lebanon (BDL), Wassim Mansouri, disclosed that the bank is studying a new proposal regarding the categorization of the depositors’ funds, which have been frozen since the onset of the 2019 rampant economic crisis. He estimated the banks' liabilities at nearly $88 billion. In an interview with Al-Sharq ...

Concerted US-French Efforts to Temper Regional Fires

The Middle East is teetering on the edge of chaos, just like a dormant volcano ready to erupt at any time, threatening to wipe out entire nations and governments. International powers, especially Washington, are working tirelessly to quell the unrest, fearing the worst. Nonetheless, and despite Israel’s practices against the Palestinians, the ...

US Sanctions Suppliers in Russia, China over Ukraine War

United States officials on Wednesday announced fresh sanctions aimed at crippling Russia's military and industrial capabilities, punishing companies in China and elsewhere that help Moscow acquire weapons for its war in Ukraine. In a sweeping package announced by the US Treasury Department, Washington targeted nearly 300 entities in Russia, ...

Bou Assi: Hezb Undermines Lebanon's Security and Political Stability for Iran

Lebanese Forces (LF) MP Pierre Bou Assi blamed Hezbollah and its Secretary-General Hassan Nasrallah for undermining political stability in Lebanon by preventing the election of a president, thus compromising the country's security and stability. He also blamed the pro-Iranian group for dragging Lebanon into the regional fire without consulting ...

UK Announces New Sanctions Against West Bank "Extremist Settlers"

Britain on Friday announced sanctions on four Israeli "extremist settlers" and two groups over violence in the West Bank. The sanctions follow what the foreign ministry in London called an "unprecedented rise" in settler violence over the past year. As the war between Israel and Hamas in the Gaza Strip continues, Britain said the measures ...

Mikati Denies Claims of EU Bribe to Keep Displaced Syrians in Lebanon

In response to recent accusations that he has accepted a "bribe" from the European Union (EU) in exchange for hosting displaced Syrians in Lebanon, Caretaker Prime Minister Najib Mikati's media office issued a statement, debunking the claims and emphasizing the genuine nature of the EU's support. Mikati bemoaned what he described as a "political ...

Israel Simultaneously Attacks Rafah, Engages in Negotiations After Hamas' Response

Following Hamas' response to the ceasefire proposal mediated by Egypt and Qatar, Israel decided to persist in its planned military operation in Rafah while simultaneously deciding to send a delegation of negotiators to Cairo for talks. Hamas leader Ismail Haniyeh informed mediators Qatar and Egypt early on Monday evening that his Palestinian ...

Exports Are Lagging Way Behind

In terms of exports, the situation is not exactly at its best and sarcastic remarks are already flying around: “Why would one even expect things to go well? Why should this economic sector fair any different when all sectors, and the entire country, are struggling to thrive and overcome the economic crisis?” The answer lies in the fact that, ...

TikTok Rape Case: Twelve People Charged

Judge Tanios Saghbini, Public Prosecutor at the Court of Appeal in Mount Lebanon, has initiated proceedings against twelve individuals - five of whom have already been arrested – on charges of involvement in the TikTok pedophile network. These include Georges Moubayyed, a hairdresser who has already been apprehended, and Paul Meouchi, owner of a ...

Netflix Invests in Africa’s Unique Stories and Talents

Netflix is investing in the African continent to nurture new talents and tell unique stories that often captivate local audiences before reaching global success. In recent years, Netflix has been making significant strides in its investment in the African continent, with the aim of bringing forth new talents and telling unique stories that ...

The Jewish Messiah: A War Against Militias or a Religious War?

Ehud Barak, the former Prime Minister of Israel, recently shed light on the motivations driving certain ministers within Prime Minister Benjamin Netanyahu's inner circle to advocate for escalated conflict in the Middle East. Speaking in a televised interview with the LCI channel, Barak asserted that these ministers are pushing for heightened ...

The “Made in Lebanon” Conundrum

  If you are accustomed to supermarket visits, you've likely observed a shift in the variety of products available in recent years. Shelves are now brimming with numerous brands that were nonexistent until recently. This is because importers and retailers have frequently had to turn to new supply sources to adapt to our new situation of ...

Slovak PM Shooting: Doctors Upbeat, Suspect Arrives in Court

Slovakia's health minister said Saturday the prognosis for Prime Minister Robert Fico was "positive" after an assassination attempt, while the suspected gunman appeared in court for the first time. Fico has been in hospital since Wednesday when a lone gunman shot him four times, including in the abdomen. He underwent a five-hour surgery on ...

The American Peace Proposal and the Intricacies of an Ongoing War

  US President Joe Biden has seized on the ongoing war to offer a peace deal that dovetails with a finalized regional strategic understanding between the United States and Saudi Arabia. The settlement of the current conflict should be part of a new strategic vision that aims at extracting the Middle East from the Iranian stranglehold, ...

Syrian Migrants: UNHCR Withdraws Controversial Memorandum

The United Nations High Commissioner for Refugees (UNHCR) announced on Monday afternoon that it had withdrawn the memorandum it had sent last week to the Ministry of the Interior, asking it to put an end to "inhumane practices" against Syrian migrants in the country. The UNHCR was referring to the security plan implemented by the Ministry since ...

Antonio Scurati, the Free Writer of the Present Century

Antonio Scurati, the renowned Italian writer and author of the “M” trilogy on Benito Mussolini, is much more than a mere historical novelist. A staunch defender of freedom of expression, he embodies the figure of the committed writer. This is Beirut had the privilege of meeting this exceptional man for an interview during a debate in ...

U.S. Claims Air and Maritime Dominance Over Iran as War Intensifies

The United States said it has established full control of Iranian airspace and key maritime corridors, as Washington signals a major expansion of its military campaign against Iran. Speaking during a press briefing on Wednesday, the U.S. Secretary of Defense said American forces now have “complete control over Iranian airspace” and are ...

The Moment of Decision: Will Lebanon Choose Peace?

The return of war to Lebanon was neither sudden nor unexpected. On the contrary, it appeared almost inevitable, a consequence of Hezbollah’s rigidity and denial on one hand, and the Lebanese state’s hesitation and accommodation on the other. It followed the trajectory of the political and security developments since the ceasefire that ended ...

Gaza Civil Defense Says Israeli Strike Kills Three Journalists

Gaza's civil defense agency said an Israeli strike in the center of the territory on Wednesday killed three journalists, including a freelancer who regularly contributed for AFP, despite the ceasefire between Israel and Hamas. Since October 10, a fragile US-sponsored truce in Gaza has largely halted the fighting between Israeli forces and Hamas, ...

Iran Open to Discussing Missile, Proxy Issues Ahead of U.S. Talks in Muscat

Iranian officials have indicated on Thursday that they have agreed to discuss the ballistic missile and proxy group issues at Friday’s nuclear talks with U.S. officials in Muscat, Oman, according to the Jerusalem Post. On Wednesday, the U.S. briefly signaled that it would cancel talks with Iran, with a stated reason that Iranian officials ...

Syrian Security Forces Enter Hasakeh City Under Deal with Kurds

Syrian government security personnel on Monday entered Hasakeh city, a stronghold of Kurdish forces, under an integration deal agreed with the Kurds last week, an AFP team reported. The two sides reached a comprehensive agreement on Friday to gradually integrate the Kurds' military and civilian institutions into the state, after Kurdish ...

Palestinian President Abbas Calls First-Ever PLO Parliament Elections

Palestinian President Mahmud Abbas said elections will be held on November 1 for the Palestinian National Council, the parliament of the Palestine Liberation Organisation (PLO), the official news agency Wafa reported Monday. This is the first time members of the council will be elected by direct popular vote, while in the past they were appointed ...

The End of the Middle East’s Oil Bonanza

The Middle East has finally arrived at the grim reckoning long barreling toward it: a ruinous collapse of oil revenues that renders government deficits utterly unsustainable. Among the wealthy Gulf Cooperation Council (GCC) states, four are running persistent annual budget deficits that are eroding their sovereign wealth reserves and plunging ...

Trump Warns Iran of Consequences if Diplomacy Fails

The United States and Iran are set to resume nuclear talks on Friday in Turkey, officials from both sides told Reuters, as President Donald Trump warned that “bad things” would likely happen if negotiations fail, with U.S. warships moving closer to Iran amid heightened regional tensions. U.S. Special Envoy Steve Witkoff and Iranian Foreign ...

Aoun: Exclusivity of Weapons Is a Non-Negotiable

President Joseph Aoun on Tuesday said that the renewed confidence and support of foreign countries toward Lebanon is a natural outcome of ongoing efforts to rebuild the state on solid foundations, stressing that the rule of law and the exclusivity of weapons remain irreversible pillars of his agenda. In his remarks during a meeting with a ...

Chevron Signs Agreement with Syria and Qatari Conglomerate for Syrian Energy Exploration

Chevron has signed a memorandum of understanding with the Syrian Petroleum Company and UCC Holding, a Qatari conglomerate, on assessing offshore oil and gas exploration off Syria’s coast, according to a Reuters report on Wednesday.  U.S. Syria envoy Tom Barrack also attended the signing of the agreement, signaling U.S. approval as the ...

U.S. to Resume Iran Nuclear Talks After Brief Cancellation Signal

Senior U.S. officials said on Wednesday that they will proceed with plans to convene in Muscat, Oman on Friday to discuss the nuclear issue after reports earlier in the day signaled a cancellation of the talks.  The U.S. has modified its position on the U.S.-Iran nuclear talks after nine Arab and Muslim countries lobbied for U.S. participation ...

Vance: Preventing Iran From Acquiring Nuclear Weapons Is a “Red Line”

U.S. Vice President J.D. Vance said Wednesday that preventing Iran from obtaining nuclear weapons remains a top priority for Washington, stressing that President Donald Trump has repeatedly made clear that Tehran crossing that threshold would constitute a red line for the United States. Speaking on The Megyn Kelly Show, Vance said the Trump ...

Hezbollah Parliamentary Bloc Head Meets President Aoun in Bid to Ease Tensions

Senior Hezbollah parliamentarian Mohammad Raad met President Joseph Aoun at the presidential palace on Thursday as Hezbollah moved to de-escalate its dispute with the presidency. The visit, requested by Raad himself, marks a notable shift in tone following a period of near-freeze between the two sides and comes amid heightened regional ...