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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 ...

81 Journalists Travel with Pope Leo XIV on Historic Journey

81 international journalists are traveling with Pope Leo XIV on his apostolic journey from Turkey to Lebanon. The group includes cameramen and photographers representing around twenty media outlets from 15 countries. Major American networks such as ABC, CBS, NBC, Fox, and CNN are part of the pool, highlighting the global attention given to this ...

Financial Gap Threatens Depositors Amid Government Inaction

Amid ongoing government debates over the draft law addressing the financial shortfall and the fate of deposits, concern is growing within economic and banking circles over the plan’s potential direction. Each new draft leak highlights a deep disagreement—over how losses should be allocated and the extent of the burden the state must shoulder ...

Yassine Jaber: Your Own Words Confirm the Crisis Is Systemic!

Finance Minister Yassine Jaber’s recent statements stand out for his comparison of the Lebanese financial crisis with those in countries such as Greece, Cyprus, and Portugal. In this comparison, he is once again off the mark. In fact, Cyprus experienced only a conventional banking crisis, while Greece and Portugal faced financial crises ...

Man City Edge Real Madrid To Leave Alonso On Brink

Manchester City came from behind to beat Real Madrid 2-1 on Wednesday in the Champions League and leave Xabi Alonso's position as coach of the Spanish giants in grave danger. Without injured superstar Kylian Mbappe, Madrid took the lead through Rodrygo Goes but Nico O'Reilly and an Erling Haaland penalty sent City in ahead at the break and ...

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 ...

Who Really Defeated ISIS in Syria?

In the narrative promoted by Moscow and Damascus, Russia and Bashar al-Assad’s regime are credited with delivering the decisive blow against ISIS in Syria. This account frames Russia’s military intervention, which began in September 2015, as the turning point in the fight against the terrorist group. Yet, a closer look at the data paints a ...

LAU Medical Center – Rizk Hospital: A Century of Medicine at the Heart of Beirut

A hundred years ago, a young surgeon just back from Paris put up a sign near the Nasra tram stop in Sodeco: “Dr. Toufic Rizk Clinic.” Twelve beds, three nurses, one passion: practicing modern surgery in a Lebanon still finding its way. At the time, no one could have imagined that this small beginning would grow into a full hospital in 1957 ...

Lebanon’s F&B Boom Masks Illicit-Economy Risks

Lebanon finds itself in a paradox. While its broader economy is collapsing, the food-and-beverage (F&B) sector is showing surprising vitality. It may look like a feel-good tale of resilience, but in fact it reveals one of the greatest structural threats to Lebanon’s recovery: a cash-based economy that undermines transparency, fuels illicit ...

Lebanon Debate: Gap Law Risks Bankrupting Banks, Wiping out Depositors

The following article, originally written on Thursday by Lebanon Debate, is reproduced here in full to highlight their analysis of the proposed financial gap bill and its potential impact on depositors and the Lebanese banking sector: “Once again, Nawaf Salam’s government is rushing to pass the financial gap law before the end of the year, ...

Warner Music Enters Licensing Deal With AI Music Startup

Warner Music Group and AI startup Udio announced on Wednesday they have settled a US copyright lawsuit and struck a deal to cooperate on a licensed artificial intelligence music creation service. The landmark agreement resolves litigation between the major label and Udio, while establishing what the companies described as a "clear framework" for ...

Why Normalization with Israel Will Revive Saudi Arabia

Saudi Arabia is rapidly losing regional relevance, with Sunni rivals Qatar and Turkey encroaching on its traditional leadership roles. The Kingdom’s economy remains mired in second gear, unable to transition from oil dependency to a knowledge-based model. Riyadh’s repeated promises of financial windfalls to the U.S. now appear to be ...

Nigeria Discussing Security with US after Trump Threats

Nigeria is in talks with the United States following President Donald Trump's threats of military intervention over the killing of Christians by jihadists in the country, Nigeria's foreign minister told AFP on Monday. Trump said late last month he was naming Nigeria a Country of Particular Concern (CPC), a State Department designation for ...

A New Epicenter Emerges in the Near East

The situation in the Near East is still groping its way towards a new equilibrium. So far, it seems that the destruction of the proxy networks mounted by Iran’s Islamic regime has not yet eclipsed pursuit of political revanche all along the geopolitical spectrum extending through Iraq, Syria, the Palestinian Territories, Gaza, and their ...

Michelle Yeoh to Receive Lifetime Achievement Honor at 2026 Berlin Film Festival

Malaysian actress Michelle Yeoh will be honored with a lifetime achievement award at next year's Berlinale film festival, organizers said Friday. Yeoh, 63, will receive the Honorary Golden Bear in recognition of her "outstanding achievements in film and cinema," the festival said in a statement. "Michelle Yeoh is a visionary artist and performer ...

Washington's New Ambassador, Michel Issa, Lands in Lebanon... Who is He?

The new United States ambassador to Lebanon, Michel Issa, landed in Beirut on Friday to begin a particularly delicate mission. His arrival comes at a time when Washington is seeking to redefine the scope of its engagement in a country caught in a deep institutional crisis, latent tensions in the south, and growing international pressure over ...

Association of Banks Criticizes Draft Gap Law

The Association of Banks in Lebanon addressed an open letter to the three presidents, as well as to all Lebanese citizens—particularly depositors—in which it expressed its opposition to the contents of the draft law on the financial gap, whose ninth version was recently leaked. The Association said that “the draft contains serious ...

“Gap Law” for Beginners

For several months now, the so-called “Gap Law” (law on financial gap) has been presented as the key to resolving Lebanon’s banking crisis. Its proponents argue that it would help restore order to the financial system and pave the way for an agreement with the International Monetary Fund (IMF). But behind this technical ...

Trump Signs Bill to End Record-Breaking US Shutdown

President Donald Trump signed a bill Wednesday to end the longest government shutdown in US history -- 43 days that paralyzed Washington and left hundreds of thousands of workers unpaid while Republicans and Democrats played a high-stakes blame game. The Republican-led House of Representatives voted largely along party lines to approve a ...

Khamenei Has a Plan to Flee Iran if Unrest Escalates

Iran’s Supreme Leader Ayatollah Ali Khamenei has prepared a contingency plan to leave the country if security forces fail to contain protests or begin to defect, according to an intelligence report shared with The Times. The report says Khamenei, 86, would leave Tehran with a close circle of up to 20 aides and family members if he ...

Israel Strikes Iranian Energy Infrastructure Before U.S. Diplomacy Deadline

Israel struck infrastructure targets across Iran on Friday, with Iranian officials saying the attacks hit two major steel factories, a power plant and multiple nuclear-linked sites as the campaign widened beyond purely military targets. The IDF claimed credit for the strikes on nuclear related facilities, just days after President Trump extended ...

Lebanon Declares Iran's Ambassador Unwelcome, But Can It Make Him Leave?

The Lebanese state has formally expelled Iran’s envoy to Beirut, its latest step to curb Tehran’s influence as the conflict between Israel and Iran-backed Hezbollah intensifies. On March 24, Lebanese Foreign Minister Youssef Rajji said he had instructed his ministry to inform Iran’s chargé d’affaires in Lebanon, Toufiq Samadi Khoshkou, ...

Iran President Apologizes to Gulf Neighbors Triggering Rift Among Country’s Leadership

Iranian President Masoud Pezeskian faced backlash from conservative hardliners following his speech yesterday, in which he apologized and vowed to stop striking neighboring Arab countries, provided they did not conduct attacks against the Islamic Republic.  In an apparent backtrack, Pezeskian claimed in a prerecorded address, Sunday, that ...

What the LAF Chief’s Visit to the U.S. Revealed

Lindsey Graham portrayed his meeting with Rodolphe Haykal, which collapsed within minutes, as a complete debacle. The U.S. senator asked the Lebanese Armed Forces (LAF) chief if Hezbollah was a terrorist organization. Haykal’s reply—“not in the Lebanese context”—prompted Graham to walk out in fury, insisting that any group responsible ...

2026 NDS: America First Ushers in a New Era of Selective Engagement in the Middle East

The newly released 2026 National Defense Strategy (NDS) marks a dramatic pivot in American foreign policy, embracing what officials call “pragmatic realism” while fundamentally redefining U.S. engagement in the Middle East. Under an “America First” framework, the strategy moves away from large-scale military interventions in favor of ...

Aoun Hails State Control of Arms and Pledges Continued Reforms

President Joseph Aoun stressed on Tuesday that the Lebanese government last year took a historic step by endorsing a plan aimed at confining weapons to state authority and extending state control over Lebanese territory exclusively through its own forces, calling the move a major turning point despite the challenges of implementation. Addressing ...

After the Vote: Exposing the Gap Law’s Broken Promises

Lebanon’s cabinet on December 19 approved one of the most controversial pieces of legislation since the country’s financial collapse in 2019, adopting the so-called “Gap Law” in a narrow vote that has reignited public anger and raised serious concerns among economists, legal experts, and international observers. Backed by 13 ministers ...

Deposits at Risk: Gap Law Shifts Burden on Depositors and Banks; State Off the Hook

The fate of depositors’ funds lies at the heart of Lebanon’s financial crisis. It is not merely a matter of figures or balance sheets; it directly affects the lives of thousands of families and undermines the country’s overall economic stability. Amid the ongoing financial collapse and the sharp erosion of the national currency’s ...

The IMF Sets an Example Through Lebanese Depositors: Unpacking One the Most Dangerous Laws in the Country’s History

What the government presented as the ‘Financial Gap Law’ is not merely a piece of financial legislation; it is a text that lays the foundations for the post-adoption economic order. It does not conceal its objective but states it calmly: ending a crisis that has lasted for years instead of resolving it, writing off deposits instead of ...

Gap Law: The Programmed Destruction of the Banking Sector

Presented as a restructuring measure, the Gap Law organizes a methodical liquidation of the Lebanese banking sector. Behind complex technical mechanisms—loss hierarchy, balance-sheet cleanup, recapitalization—lies a clear political choice: to sacrifice banks to settle a public crisis that the state refuses to assume. This text does not reform ...