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Israel Plans Tents for 500,000 Gazans Ahead of Rafah Offensive
This Is Beirut 2024-04-09 20:20 - Reading : 1 minute(s)
Israel is buying 40,000 tents to shelter almost half a million Gazans ahead of a ground attack on what it claims is Hamas' last bastion in Rafah, a government source said Tuesday. Israel has invited tenders for the tents, each housing 12 people, or some 480,000 people in total, according to the proposal published on the website of the defense ...
House Republicans Announce Vote on $61 bn in Ukraine Aid
This Is Beirut 2024-04-17 20:01 - Reading : 3 minute(s)
Republicans in the United States House of Representatives announced on Wednesday, a vote on a military aid package for Ukraine, including billions of dollars allocated to Taiwan and Israel. The Republican leader in the House of Representatives announced Wednesday a vote on a massive new military aid package that includes some $61 billion in ...
Security, Water, and Oil Dominate Erdogan's Talks in Iraq
This Is Beirut 2024-04-23 00:06 - Reading : 4 minute(s)
Turkish President Recep Tayyip Erdogan on Monday, embarked on his first state visit to neighboring Iraq in years, with discussions centered around water, oil, and regional security matters. Turkish President Recep Tayyip Erdogan was in neighboring Iraq on Monday for his first state visit there in years, with water, oil, and regional security ...
World Book Day: Celebrating Reading and Writing
Sophia Novalis 2024-04-23 12:00 - Reading : 3 minute(s)
Every year, on April 23, the world pays tribute to the richness of literature and those who create it. World Book and Copyright Day, established by UNESCO in 1995, celebrates the power of words and the importance of reading in our lives. This symbolic day invites us to explore the treasures of writing and to share our love of books with ...
A Concrete Investment
Nicolas Sbeih 2024-04-24 20:46 - Reading : 4 minute(s)
It's the deal of the moment: acquiring an apartment in Lebanon. An idea that seems bizarre given the advice raining down on you from all sides, without solicitation, urging you "not to invest a penny in this Lebanon that is drifting away." The justification for our counter-advice is that current prices on the market are historically at ...
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 ...
Dar Sader Celebrates Its One Hundred and Sixty-Year Anniversary
2024-05-06 18:03 - Reading : 5 minute(s)
This is the story of four generations of the Sader family, their hard work, and their honored commitment to preserving and developing this precious heritage, which they have enhanced with great success; the story of more than a century and a half of dedication to Belles-Lettres and legal publications. In the 1970s, Dar Sader, the oldest Lebanese ...
France Bans Israeli Firms From Upcoming Defense Fair
This Is Beirut 2024-05-31 17:41 - Reading : 1 minute(s)
French authorities banned Israeli defense firms from exhibiting at a trade show next month near Paris, organizers said on Friday. “By decision of the government authorities, there will be no stand for the Israeli defense industry at the Eurosatory 2024 fair,” organizers Coges Events said. Neither Coges nor the Defense Ministry provided an ...
+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, ...
The Sound of Heritage: Noel Anderson and Ireland’s Last Handmade Harps
This is Beirut 2025-10-30 18:00 - Reading : 4 minute(s)
Music Harp Tradition Ireland Culture
"It's never too late to start a new hobby," says 89-year-old Irish harp maker Noel Anderson, one of only a few making the intricate instrument, a national symbol of Ireland. A retired wood and metalwork teacher, Anderson only took up the niche craft seven years ago, making his first harp at age 82. "It doesn't matter what age I am, really; I ...
War and Climate Change Excacerbate Sudan's Water Crisis
This Is Beirut 2024-06-16 09:49 - Reading : 3 minute(s)
As the Sudanese civil war rages unabated, man-made devastation and the changing climate are exacerbating a dangerous water crisis. War, climate change and man-made shortages have brought Sudan to the shores of a water crisis. In the blistering sun, as temperatures climb past 40 degrees Celsius (104 degrees Fahrenheit), Issa's family -- along ...
'Spectacular' Viking Burial Site Found in Denmark, Filled With Rare Treasures
This is Beirut 2025-06-17 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 ...
Trump Tells US Treasury to Stop Minting New Pennies
This is Beirut 2025-02-10 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 2025-03-07 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 2025-04-12 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 2025-04-13 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 ...
Farewell to Wads of Cash: Lebanon Unveils Banknotes of LBP 500,000 and 1 Million
Christiane Tager 2025-04-28 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 ...
Gold Rush for Nasrallah-Themed Memorabilia
This is Beirut 2025-05-01 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 ...
Heritage: The Mummies of Qadisha (2/2)
Amine Jules Iskandar 2025-05-04 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, ...
Stocks Track Wall St Sell-Off as US Deficit Fears Grow
This is Beirut 2025-05-22 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 2025-06-07 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 ...
Why Stablecoins are Gaining Popularity
This is Beirut 2025-06-18 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 ...
France to Charge Louvre Heist Suspects with Theft and Conspiracy
This is Beirut 2025-10-29 20:20 - Reading : 3 minute(s)
Two men arrested over the jewel heist at France's Louvre museum this month will be charged with theft and criminal conspiracy, the Paris prosecutor said Wednesday. Dozens of detectives have been on the trail of four thieves who used a cherry-picker truck and cutting gear to break into a first-floor gallery at the world-renowned museum, then fled ...
Bulgaria to Get Final Green Light to Adopt Euro in 2026
This is Beirut 2025-07-08 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 2025-07-17 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 2025-07-22 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 2025-07-24 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 2025-07-24 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 2025-07-25 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 2025-07-30 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 ...