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Markets in Turmoil: Fear or Opportunity?
Christiane Tager 2025-04-18 09:30 - Reading : 4 minute(s)
Global markets had enjoyed a strong recovery in the aftermath of the 2020–2021 pandemic shock. From 2022 through early 2025, stock prices soared, cryptocurrencies gained traction and the overall outlook appeared increasingly stable—until April 7. That day, a wave of panic swept across investors, algorithmic trading systems triggered cascading ...
Trump Confident in Finding TikTok Buyer Before Deadline
This is Beirut 2025-04-01 11:25 - Reading : 3 minute(s)
President Donald Trump again downplayed risks that TikTok is in danger of being banned in the United States, saying he remains confident of finding a buyer for the app's US business by a Friday deadline. The hugely popular video-sharing app, which has over 170 million American users, is under threat from a law that passed overwhelmingly last year ...
Facing Egg Shortage, Americans Bring Chickens Home to Roost
This is Beirut 2025-02-13 09:45 - Reading : 4 minute(s)
A Houston poultry supply company is selling chickens like there is no tomorrow, as sky-high prices for eggs prompt some Americans to produce their own at home. A recent US outbreak of bird flu since early 2024 is exacting a heavy toll on poultry farms. More than 21 million egg-laying hens have been "depopulated" this year so far, after 13.2 ...
Trump’s Art of the Deal: Ukraine, Russia, and the $500 Billion Power Play
Salam El Zaatari 2025-02-20 09:00 - Reading : 4 minute(s)
Ukraine Donald Trump USA Russia
If you think diplomacy is about treaties and handshakes, you haven’t been paying attention. In the world of Donald J. Trump, geopolitics is just another business deal. And in his latest playbook for Ukraine, he’s offering a trade deal that sounds more like a corporate takeover than a peace agreement. Here’s the pitch: Ukraine, battered by ...
Paris Fashion Week Begins with Major Designer Debuts and Industry Shifts
This is Beirut 2025-03-03 22:30 - Reading : 4 minute(s)
Paris Fashion Week Fashion France Art
Paris Women's Fashion Week kicked off on Monday with young new labels dominating the catwalks before a trio of hotly awaited designer debuts at Givenchy, Dries Van Noten, and Tom Ford in the coming days. The opening of the world's biggest fashion week also saw demonstrations from the People for the Ethical Treatment of Animals (PETA) charity and ...
US Ends Waiver for Iraq to Buy Iranian Electricity
This is Beirut 2025-03-09 19:08 - Reading : 3 minute(s)
Iraq United States Iran Energy
The United States has ended a sanctions waiver that allowed Iraq to buy electricity from neighboring Iran, in line with President Donald Trump's policy of exerting "maximum pressure" on Tehran. In a statement Sunday, the State Department said the decision not to renew the waiver was made to "ensure we do not allow Iran any ...
Stocks advance on US inflation slowing, Ukraine ceasefire plan
This is Beirut 2025-03-12 19:35 - Reading : 4 minute(s)
Ukraine USA Donald Trump European Union Banks
Stock markets mostly rose on Wednesday on both sides of the Atlantic as investors shrugged off the latest US tariff moves to focus on cooling US inflation and a Ukraine ceasefire plan. Global markets have endured severe swings this month as US President Donald Trump looks to ramp up pressure on global partners by imposing or threatening ...
Greenland's Political Parties Reject the Idea of Annexation by the US
This is Beirut 2025-03-14 21:25 - Reading : 3 minute(s)
Greenland United States Donald Trump
The leaders of all Greenland's political parties on Friday denounced US President Donald Trump's vow to take over the Danish autonomous island. "We - all party leaders - cannot accept the repeated statements about annexation and control of Greenland," the leaders of Greenland's five parliamentary parties said in a joint ...
Trump Announces 25% Tariff on Countries Buying Venezuelan Oil
This is Beirut 2025-03-24 17:50 - Reading : 2 minute(s)
Donald Trump United States USA
President Donald Trump said Monday he would levy a 25 percent tariff across the board on any country buying oil or gas from Venezuela, as he wages a deportation campaign against Venezuelans and slaps duties on a number of trading partners. Since returning to the White House in January, Trump has unleashed tariffs on US allies and foes alike, ...
Who Destroyed Lebanon: Hezbollah or the Banks?
Hussain Abdul-Hussain 2025-03-25 15:30 - Reading : 5 minute(s)
Lebanon Hezbollah Banks Parliament
A “bloc” of lawmakers, political parties, media outlets, and non-governmental organizations are peddling a platform that distracts attention from the paramount importance of disarming Hezbollah and instead blames banks for the utter misery that Lebanon finds itself in. Such an argument is either too dumb, or its proponents are too ...
Venezuela Says US Revoked Transnational oil and gas Company Licenses
This is Beirut 2025-03-31 09:30 - Reading : 1 minute(s)
USA Donald Trump United States Washington
Venezuela announced Sunday that the United States had revoked several transnational oil and gas companies' licenses to operate in the country, which had been granted despite Washington's sanctions against the South American nation. While Venezuela did not specify which company licenses were revoked, experts had expected that European oil giants ...
Trump Faces First Electoral Setback after Wisconsin Supreme Court Vote
This is Beirut 2025-04-02 09:10 - Reading : 4 minute(s)
Donald Trump Elon Musk Wisconsin
Donald Trump's second presidency was dealt a spinning blow by voters in Wisconsin Tuesday as they elected a liberal judge to the state's Supreme Court, despite his powerful advisor Elon Musk pouring millions into the race to sway the polls. Two months into his barnstorming return to the White House, Trump celebrated victory in a pair of House ...
Mbappe Secures Real Madrid Derby Draw Against Atletico
This is Beirut 2025-02-09 02:55 - Reading : 4 minute(s)
Football Liga Real Madrid Atlético
Kylian Mbappe secured Real Madrid a 1-1 draw against rivals Atletico Madrid which kept Los Blancos top of La Liga on Saturday. Julian Alvarez dinked home a controversial first half penalty for Atletico but Mbappe was in the right place at the right time to bundle home early in the second half on his first appearance in the tense derby ...
How the Security Situation Is Reshaping Lebanon’s Real Estate Map
Maroun Chahine 2025-04-03 19:55 - Reading : 4 minute(s)
Nawaf Salam Achrafieh Hezbollah Shiites Real Estate
Due to the destruction and instability caused by the war between Hezbollah and Israel, particularly in the southern suburbs of Beirut, many people have been forced to flee to safer regions of Lebanon. The cazas (districts) of Baabda, Metn and Chouf, as well as certain sectors of Beirut, have become refuge areas. How is the security situation ...
Japan to Sell More Rice Reserves as Prices Soar
This is Beirut 2025-04-09 12:20 - Reading : 2 minute(s)
Donald Trump United States USA White House
Japan will sell more rice from its emergency stockpile through July in an attempt to stabilize soaring prices, the agricultural minister said Wednesday. After rice prices nearly doubled year-on-year, the government began auctioning its stockpile last month -- the first time since it was started in 1995. "In order to stabilize rice prices ...
HTS: From a War Economy to a Fully-Functioning State
Marie de La Roche Saint-André 2025-04-09 12:50 - Reading : 7 minute(s)
After seizing control of most of the Idlib region, Hay’at Tahrir al-Sham (HTS) evolved from a mere Islamist group into a de facto governing authority responsible for millions of civilians. It was thus forced to rebuild an economy ravaged by years of war while also shifting the sources of its internal funding. Following Jabhat al-Nusra’s split ...
‘Always Be Drunk:’ Remedy or Illusion in the Face of Existential Emptiness?
David Sahyoun 2025-04-09 18:00 - Reading : 5 minute(s)
Psychoanalysis Drunkness Baudelaire Culture Emptiness
In The Spleen of Paris, Baudelaire advises the reader to “always be drunk. That’s it: the only question. In order not to feel the horrible burden of Time, breaking your shoulders and bending you toward the earth, you must get drunk without ceasing. But on what? On wine, on poetry, or on virtue, as you wish. But get drunk.” This work ...
Trump’s Tariff Disruption: Chaos or Strategy?
Salam El Zaatari 2025-04-10 09:30 - Reading : 5 minute(s)
In the age of globalization, few leaders have dared to question the structure that underpins the modern world economy. Donald Trump didn’t just question it, he took a wrecking ball to it. His tariff-first economic approach, widely criticized as reckless, may actually represent the beginning of a hard but necessary conversation: Should America ...
In Skies, as on Land, European Forces Face Gaps if US Pulls Back
This is Beirut 2025-04-11 09:40 - Reading : 4 minute(s)
Fighter jets from the United States, France, Finland and Germany roar into the skies from a Dutch base as part of NATO's biggest air exercise this year. The aim: to practice stopping -- and then defeating -- an enemy attack against the alliance as Russia's war in Ukraine fuels fears in Europe. But while NATO focuses on the menace from the east, ...
Chinese exports soared in March ahead of Trump's 'Liberation Day'
This is Beirut 2025-04-14 10:25 - Reading : 3 minute(s)
Chinese exports soared more than 12 percent last month, according to data Monday, beating expectations as businesses rushed to get ahead of swingeing tariffs imposed by US President Donald Trump on his so-called "Liberation Day". Beijing and Washington have been locked in a fast-moving, high-stakes game of brinkmanship since Trump launched a ...
Gold Hits an All-Time High, Dollar Declines
This is Beirut 2025-04-16 11:15 - Reading : less than a minute
A sign of lingering market anxiety, gold — the ultimate safe-haven asset — continues to attract investors fleeing riskier assets and climbed on Wednesday to a new all-time high of $3,275 per ounce. “High uncertainty, along with increased central bank buying and expectations of rate cuts by the US Federal Reserve, continues to support ...
When the Giants of Chic Face Uncertainty
Christiane Tager 2025-04-16 22:35 - Reading : 2 minute(s)
United States luxury Hermes china tariffs
The world of luxury may shine bright, but it’s not immune to economic storms. On Tuesday, the biggest names – Kering, Hermès and LVMH – saw their shares take a hit, with a stock market slump that was anything but glamorous. The biggest blow went to LVMH, whose first-quarter 2025 results showed a 2% drop in revenue. It’s the first slap in ...
Asia's Big Exporters Open Tariff Negotiations with US
This is Beirut 2025-04-17 14:30 - Reading : 4 minute(s)
Nawaf Salam Tariff Trade Asia Economy
Asia's major exporters Vietnam, Japan and Taiwan are among the first economies to open negotiations with Washington over US President Donald Trump's sweeping tariffs, taking advantage of a 90-day reprieve from the global trade war. Notably absent from those trying to reach a compromise with Washington is China, which faces levies of up to 145 ...
Decoding Trump's Second Term
Salam El Zaatari 2025-02-13 09:00 - Reading : 5 minute(s)
Donald Trump USA United States
When Donald Trump first suggested buying Greenland in 2019, the world laughed. But what if it wasn’t a joke? What if Greenland was about missile defense, not real estate? What if Trump’s renewed focus on controlling the Panama Canal wasn't just about trade, but about blocking China’s expanding influence? And what if his second term proves to ...
What Is Left of Hezbollah's Arsenal?
Élie-Joe Kamel 2025-01-25 10:15 - Reading : 7 minute(s)
Hezbollah Donald Trump Benjamin Netanyahu Fatah Gulf
With only two days remaining until the 60-day ceasefire between Hezbollah and Israel expires, two questions arise: What is left of the arsenal of the pro-Iranian group, which was supposed to be dismantled during this period? And does Hezbollah still have the capacity to carry out operations against the Israeli Army? What is indisputable is that ...
85-Year-Old Polish DJ Defies Senior Stereotypes
Béatrice Moreau 2024-07-22 18:11 - Reading : 4 minute(s)
DJ Vika, an 85-year-old Polish activist and great-grandmother, challenges ageism through music and advocacy, promoting unity, equality and tolerance while inspiring seniors to embrace life fully. In the heart of Warsaw, an unusual sight captivates the crowd at a Gay Pride event: an 85-year-old woman with snow-white hair, adorned with oversized ...
Urdu Bazaar in Delhi Faces Decline Amid Cultural Shifts
This is Beirut 2024-11-05 14:00 - Reading : 3 minute(s)
In the heart of Old Delhi, bookseller Mohammed Mahfooz Alam sits in his quiet shop, one of the last few stores selling Urdu literature, a language cherished by poets for centuries. Urdu, spoken by millions, carries a rich history reflecting India's complex cultural blend. However, it has steadily declined under the dominance of Hindi, facing ...
US Says Plea Deal Reached With 9/11 Mastermind
This Is Beirut 2024-08-01 11:48 - Reading : 3 minute(s)
US prosecutors have reached a deal with 9/11 mastermind Khalid Sheikh Mohammed, the Pentagon said Wednesday, reportedly involving a guilty plea in exchange for avoiding a death penalty trial. The agreements with Mohammed and two other accused moves their long-running cases toward resolution. These have been bogged down in pre-trial maneuverings ...
Chelsea FC: Between Over-Recruitment and Blurred Vision
Jad Ramadan 2024-08-31 13:23 - Reading : 3 minute(s)
Chelsea FC has had no trouble recruiting players over the past two years. This year, the London club has recruited countless players at a cost of over 200 million euros. As managers, coaches and players come and go, we're beginning to wonder what's really going on at Chelsea. For the new 2024/2025 season, Chelsea is making a change. After sacking ...
"Optimum Invest" Case: File Sent to Beirut's First Investigative Judge
2024-09-04 21:37 - Reading : 1 minute(s)
The preliminary investigation into the "Optimum Invest" case has been concluded. The Public Prosecution at the Court of Cassation closed the file and transferred it to the Financial Prosecutor's Office, which has initiated proceedings against the former governor of the Banque du Liban, Riad Salameh, who is being held in preventive detention in ...