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‘Standard & Poor’s’ Maintains Lebanon’s Foreign Currency Rating at SD, Warns of Weak Governance
This is Beirut 2025-08-16 19:15 - Reading : less than a minute
The international credit rating agency Standard & Poor’s has raised Lebanon’s long-term local currency rating to CCC with a stable outlook, while maintaining its foreign currency rating at SD, according to Reuters. The agency explained that the risks of Lebanon defaulting on local debt remain, due to spending pressures, limited access to ...
Apple to Invest Additional $100 Billion in US
This is Beirut 2025-08-06 18:20 - Reading : 1 minute(s)
United States Donald Trump Apple Technology
Apple will invest an additional $100 billion in the United States, taking its total pledge to $600 billion over the next four years, a senior White House official said Wednesday. The announcement, which was first reported by US media, will be officially made later Wednesday at 4:30 pm (2030 GMT) at a White House event with President Donald ...
Golden Controllers: The Hidden Economy of Video Games
Christiane Tager 2025-08-15 20:35 - Reading : 4 minute(s)
Free to play… yet astonishingly profitable, today’s video games turn our clicks into cash. Microtransactions, virtual concerts and blockbuster partnerships have made Fortnite, Candy Crush and their peers billion-dollar giants. And in Lebanon, players show no sign of putting down their controllers anytime soon. Video games, once seen as mere ...
YouTube Turns to AI to Guess Users' Age and Protect Minors
This is Beirut 2025-08-15 10:50 - Reading : 2 minute(s)
Internet Technology Children AI USA Culture
YouTube has started testing an artificial intelligence (AI) tool to identify the age of its users in the United States, in an effort to better protect minors from content and online habits considered inappropriate for them. "This technology will allow us to infer a user’s age and use that signal independently of the date of birth listed on the ...
Israeli Army Chief in Southern Lebanon: We Will Not Allow Threats to Re-Emerge
This is Beirut 2025-08-13 19:25 - Reading : 1 minute(s)
Nawaf Salam Lebanon Army Security Military
Israeli Army Chief of Staff Lieutenant General Eyal Zamir toured in southern Lebanon on Wednesday. He met soldiers on the front lines and observed ongoing security operations in the northern sector. Accompanied by senior commanders, including Northern Command Division 91’s Brigadier General Yuval Goz and Brigade 769’s Colonel, Zamir spoke ...
Rebuilding in Devastated Mariupol Under Russia's Thumb
This is Beirut 2025-08-13 09:50 - Reading : 8 minute(s)
United Nations Russia Zhdanov Mariupol
Sun-seekers crowded onto the beach in Mariupol in Russian-controlled eastern Ukraine -- a devastated city which Moscow wants to turn into an improbable seaside resort. "Take a dip in the Sea of Azov!" said 52-year-old local Ivan, who like other beach goers lapped up the good weather and mild waters of a coastline that is now entirely ...
When Luxury Faces Economic Headwinds
Christiane Tager 2025-08-13 09:00 - Reading : 2 minute(s)
Tourism has long been the lifeblood of luxury, injecting vitality and a steady flow of affluent clients into prestigious fashion houses. Each summer, cities like Paris, Milan and Tokyo transform into prime destinations for wealthy international shoppers eager to find unique pieces and limited editions. In 2024, the system worked smoothly: a ...
A Good Week for Lebanon
David Hale 2025-08-08 17:30 - Reading : 3 minute(s)
Lebanon United States Joseph Aoun Hezbollah
It has been a remarkable week for Lebanon. President Aoun, Speaker Berri, and Prime Minister Salam have acted in unison, never something to be taken for granted in Lebanon. Moreover, they have done so on a topic that has been wrongly taboo since the Taef Accord: restoring the Lebanese state's monopoly of arms and confronting Hezbollah's challenge ...
Trump Orders Firing of US Official as Cracks Emerge in Jobs Market
This is Beirut 2025-08-02 13:19 - Reading : 4 minute(s)
United States Donald Trump Economy
President Donald Trump said Friday he has ordered the firing of a key economic official, accusing her of manipulating employment data for political reasons after a new report showed cracks in the US jobs market. US job growth missed expectations in July, Labor Department data showed, and revisions to hiring figures in recent months brought them ...
US Congress Approves $9 Bn in Trump Cuts to Foreign Aid, Public Media
This is Beirut 2025-07-18 09:40 - Reading : 3 minute(s)
US Congress Donald Trump USA Cuts Aid
US Republicans early Friday approved President Donald Trump's plan to cancel $9 billion in funding for foreign aid and public broadcasting, vowing it was just the start of broader efforts by Congress to slash the federal budget. The cuts achieve only a tiny fraction of the $1 trillion in annual savings that tech billionaire and estranged Trump ...
Steven Knight to Write Next James Bond Film with Villeneuve
This is Beirut 2025-08-01 16:00 - Reading : 2 minute(s)
Cinema James Bond 007 Movie Culture Art
Steven Knight, the creator of gritty TV crime series Peaky Blinders, will write the highly anticipated next James Bond movie, studio Amazon MGM announced Thursday. Knight will work alongside previously announced director Denis Villeneuve, best known for Dune, to bring the world's most famous fictional spy back to the big screen after a prolonged ...
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 ...
These Women Who Changed the World with Their Inventions
Bélinda Ibrahim 2025-07-29 19:00 - Reading : 3 minute(s)
When we talk about major inventions, the names that come to mind are usually men’s. But history is full of pioneering women whose ideas quietly changed our lives, often without the credit they deserved. They created everyday objects that brought real shifts in technology, society, and science. Some were scientists, others tinkerers, engineers, ...
Monfils Says Toronto Loss Marks His Final Toronto Visit
This is Beirut 2025-07-28 16:50 - Reading : 2 minute(s)
Gael Monfils said he has played for the last time in Toronto after crashing out of the Masters in Sunday's opening round of the ATP Masters to a Chilean qualifier. The 38-year-old French tennis icon missed out on four match points to exit 6-4, 4-6, 7-6 (7/3) to number 142 Tomas Barrios Vera, who won the first Masters match of his career and ended ...
What if Superman’s Power Was Humanity After All?
Marie-Christine Tayah 2025-07-25 14:30 - Reading : 2 minute(s)
Superman Cinema Movie Culture Art David Corenswet
The new Superman movie, featuring new actors, is all over the place. David Corenswet stars as Clark Kent/Superman, alongside Rachel Brosnahan, Nicholas Hoult, Edi Gathegi, Anthony Carrigan, Nathan Fillion and Isabela Merced. Ranking number one internationally, the film attracts crowds eager to see their favorite hero’s new adventures. The plot ...
Trump Administration Releases Martin Luther King Jr. Assassination Files
This is Beirut 2025-07-22 12:50 - Reading : 2 minute(s)
Donald Trump Martin Luther King Archives Assassination
The Trump administration released hundreds of thousands of pages of records on Monday about the assassination of Martin Luther King Jr. despite concerns from the civil rights leader's family. "The American people have waited nearly sixty years to see the full scope of the federal government's investigation into Dr King's assassination," Director ...
Errollyn Wallen: King’s Composer Breaking Barriers in Music
This is Beirut 2025-07-21 10:30 - Reading : 4 minute(s)
Music Errollyn Wallen King Charles III Culture Art Education
Told she would never belong in the world of classical music, Errollyn Wallen has risen to become the composer to King Charles III and the first person of color in the historic role. The 67-year-old became the Master of the King's Music last year, a 400-year-old post and one of the classical world's top honors that involves composing works for ...
The IMF’s Lebanon Framework: Balancing State Debt with Depositor Rights
This is Beirut 2025-10-02 11:50 - Reading : 9 minute(s)
Lebanon IMF Central Bank Banks Depositors
As Lebanon faces multiple challenges with economic and financial recovery from the country’s 2019 economic collapse, two interconnected issues remain particularly controversial: recovering the money of Lebanese who lost access to their bank deposits and holding those responsible for squandering their money ...
Are Things Looking Brighter for the Middle East?
David Hale 2025-10-03 18:00 - Reading : 4 minute(s)
Nawaf Salam Lebanon Syria Gaza Hamas United States
A year after Israel defanged Hezbollah, and in the wake of the annual opening of the UN General Assembly and several developments related to the Middle East, it may be a good time to take stock. In my 38-year career of diplomacy in the Middle East, anytime someone expressed optimism, I would suggest a head examination might be in order. However, ...
Parliament Approves Key Bills Amid Boycotts
This is Beirut 2025-07-01 16:10 - Reading : 2 minute(s)
Lebanon Lebanese Forces Kataeb parliament Nabih Berri
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
Liliane Mokbel 2025-11-29 14:00 - Reading : less than a minute
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
Nadia al-Hallak for Houna Loubnan 2025-12-13 20:12 - Reading : 6 minute(s)
Banks Central Bank of Lebanon Banque du Liban Middle East
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!
This is Beirut 2025-12-13 16:30 - Reading : 2 minute(s)
Lebanon Banque du Liban Central Bank of Lebanon
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
This is Beirut 2025-12-11 11:55 - Reading : 4 minute(s)
Real Madrid Manchester City Champions League Football Madrid Bernabeu
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
Natasha Metni Torbey 2025-12-10 14:00 - Reading : 3 minute(s)
Hezbollah Israel Lebanon Al Qard Al Hassan Hezbollah financing
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?
Mario Chartouni 2025-12-09 20:30 - Reading : 5 minute(s)
Damascus European Union Washington Russia Syria ISIS
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
Makram Haddad 2025-12-09 15:10 - Reading : 7 minute(s)
LAU Lebanon Achrafieh Hospital Rizk Hospital
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
Salam El Zaatari 2025-11-22 15:30 - Reading : 6 minute(s)
Lebanon Economy Cash Hezbollah
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
This is Beirut 2025-12-18 12:40 - Reading : 4 minute(s)
Banks Central Bank of Lebanon Lebanon Banque du Liban Nawaf Salam
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
This is Beirut 2025-11-21 10:30 - Reading : 2 minute(s)
Music AI Warner Copyright Patent US Culture
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 ...