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US Treasury Department Mulls Minting $1 Coin with Trump's Image

The US Treasury Department is considering making a one-dollar coin that features President Donald Trump in order to commemorate the country's 250th independence anniversary, officials said Friday. In a social media post retweeted by Treasury Secretary Scott Bessent, US Treasurer Brandon Beach shared early drafts of the coin. Beach posted "first ...

France to Charge Louvre Heist Suspects with Theft and Conspiracy

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 ...

The Sound of Heritage: Noel Anderson and Ireland’s Last Handmade Harps

"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 ...

Al-Qard al-Hassan’s Gold: Hezbollah’s New Financial Scheme

After introducing ATMs, easy-access loans, and clandestine counters scattered throughout the alleys of Beirut’s southern suburbs, al-Qard al-Hassan (AQAH), Hezbollah’s financial arm, has taken its operations a step further: direct gold trading. Gold bars, coins, and jewelry are reportedly now being offered to the Shiite community, turning gold ...

'Spectacular' Viking Burial Site Found in Denmark, Filled With Rare Treasures

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 ...

Stocks Track Wall St Sell-Off as US Deficit Fears Grow

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, ...

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, ...

Stylish Christmas Slippers: The Stars of the Traditional Festive Season

Christmas slippers have become a true symbol of the season, reminding us of a cherished tradition that blends history, legend and modernity. Over time, they have undergone a subtle transformation, fusing ancient customs with contemporary tastes. A Tradition Anchored in History The history of Christmas slippers is deeply rooted in the past. Their ...

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.

Gold Price: Is a Trend Reversal Pointing in the Horizon?

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 ...

Valet Parking Delirium: “Because You’re Worth It”!

Welcome to Lebanon, the land of Cedars and mafias of all kinds! The latest sensation? The parking valet mafia, which adds a certain flair to the already long list of leeches draining us to the bone with unparalleled delicacy. From electricity generators to water tanks, to currency exchangers, all of them, absolutely all, are lining their pockets ...

Bitcoin Nears $100K: Will Trump Boost Crypto?

On Thursday, Bitcoin surged past $98,000, raising its market capitalization to $1.9 trillion. This rally reflects expectations of robust legislative and executive support for the crypto sector, bolstered by Republican victories in the White House and Congress. The cryptocurrency market, including “meme coins” like Dogecoin, continues to surge ...

Royal Mint Launches Coins Dedicated to Paul McCartney

The Royal Mint has launched a new collection of £5 coins celebrating Paul McCartney’s exceptional career, highlighting his legacy with The Beatles, Wings, and his solo work. This marks the first time McCartney has been featured on an official UK coin. “It’s a tremendous honor,” McCartney stated, reflecting on his collaboration with the ...

ŠamaŠ: A Call for Peace Through Art and Music

Originally unveiled in 2017 at the Lebanese Pavilion of the Venice Biennale, ŠamaŠ (pronounced Shamash) seamlessly combines visual art and music. For the first time in France, visitors can experience this extraordinary piece at the IMA in Paris until April 6. Deeply symbolic, the project stems from Zad Moultaka’s profound reflection on ...

The Tale of the Christmas Coins

Once upon a time, in a small village nestled in the snow-covered mountains of Lebanon, there lived a group of playful and curious children. This peaceful and friendly village was known for a special tradition that occurred every Christmas: the mysterious “Christmas Coins.” The villagers, gruff yet somewhat mystical, spoke of these ...

Trump Launches His Own Cryptocurrency!

It was only a matter of time before Donald Trump had his own cryptocurrency, and now it’s finally here. Just two days before being inaugurated as the 47th president of the United States, Donald Trump launched his personal crypto. Trump has entered the cryptocurrency world with a "meme coin" bearing his likeness. The coin features Trump with a ...

New and Simple Ways to Use Bitcoin

Let’s dive into the world of Bitcoin – a digital currency that is transforming global finance. Bitcoin (BTC) is much more than just a cryptocurrency: it is a decentralized currency, without a central bank or intermediaries, based on blockchain technology – a public and secure ledger. In other words, it’s money that never sleeps, doesn’t ...

Trump Tells US Treasury to Stop Minting New Pennies

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

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!

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)

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

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

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)

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, ...

U.S.-Israeli Strikes Hit Steel Complexes in Central, Southwest Iran

U.S.-Israeli strikes have hit steel complexes in central and southwest Iran, causing damage to production units, Iranian media reported on Wednesday. "Initial assessments indicate massive attacks, with significant damage and destruction to production units" at the complex of the Mobarakeh Steel Company, one of Iran's biggest, in the central ...

Stocks Rally, Oil Dives as Trump Says War to End 'Very Soon'

Equities rallied and oil tumbled Wednesday after US President Donald Trump said the Middle East war would be over in up to three weeks and his Iranian counterpart said Tehran had "the necessary will" to bring it to an end. The remarks came as the economic impact of the conflict worsens, with average US gasoline prices topping $4 a gallon for the ...

Christian Communities on the Frontline: Anger at Hezbollah Grows

This is Beirut traveled to southern Lebanon and the Beqaa Valley, where Christian communities voiced a clear desire for peace amid the escalating war. Many residents blamed Hezbollah for dragging Lebanon into the conflict without national consensus, saying they are now forced to bear its consequences. While expressing solidarity with displaced ...

Israel Political Unity on Iran War Fractures, Opposition Warns of 'Security Disaster'

Israel's opposition on Thursday signalled an end to the political consensus over the war against Iran — a conflict the military now says requires far more combat troops, particularly on the Lebanese front. "I want to warn the citizens of Israel. We are facing another security disaster," the country's main opposition leader and head of the ...

Israel Kills IRGC Navy Commander in Precision Airstrike

Israel’s Defence Minister Israel Katz announced Thursday that an Israeli airstrike killed Alireza Tangsiri, commander of the Iranian Revolutionary Guards’ navy. “Last night, in a precise and lethal operation, the IDF eliminated the commander of the Revolutionary Guards’ navy, Tangsiri, along with senior officers of the ...

Oil Jumps, Stocks Drop on Uncertainty Over U.S.-Iran Talks

Oil prices jumped and equities slid Thursday as hopes for a peace deal between the U.S. and Iran wavered after Tehran rejected Washington's bid to wind down the nearly four-week war. Markets had been buoyed this week by U.S. President Donald Trump's announcement that strikes targeting Iran's energy infrastructure would be postponed, adding that ...