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BDL’s 62-Year Journey: From Philippe Takla to Karim Souhaid
Maurice Matta 2025-03-27 20:35 - Reading : 5 minute(s)
Lebanon Central Bank Nawaf Salam Joseph Aoun Karim Souhaid
During a session held at Baabda Presidential Palace, chaired by President Joseph Aoun, the Cabinet appointed Karim Souhaid as Governor of the Lebanese Central Bank (BDL). The decision followed a ministerial vote, with Souhaid securing 17 votes out of 24 from the Lebanese government ministers. Despite strong opposition from Prime Minister Nawaf ...
Centcom, the American Leviathan Watching Over the East
Mario Chartouni 2025-03-18 18:55 - Reading : 4 minute(s)
Nawaf Salam Gulf Houthi Kuwait Middle East
The United States has escalated its military involvement in Yemen by bombing Houthi positions on Saturday, causing dozens of casualties among the fighters of the Iran-backed movement. Behind these strikes is the United States Central Command (Centcom), a crucial component of the American military strategy in the Middle East for ...
Lebanon's Central Bank Dilemma: Between Collapse and Recovery
Salam El Zaatari 2025-03-27 09:30 - Reading : 3 minute(s)
Lebanon Banks Central Bank Economy
Imagine a ship caught in a storm – battered, leaking and listing dangerously – while its crew argues not over how to navigate to safety, but whether to abandon ship entirely or simply repaint the deck. This is Lebanon today: a country sinking under the weight of a financial collapse, and yet, paralyzed by a bitter ideological struggle over ...
Wassim Mansouri Reflects on His Interim Leadership at the BDL
This is Beirut 2025-03-25 22:40 - Reading : 3 minute(s)
Banque du Liban Central Bank of Lebanon
As the Lebanese Cabinet under Nawaf Salam prepares to appoint a new governor for the Banque du Liban (BDL), assessments on Wassim Mansouri's interim tenure since August 2023 are mixed. Some view his actions as having preserved a degree of stability amidst unprecedented political and security crises, while others argue that the stability he has ...
US War Plans Shared With Journalist: What We Know
This is Beirut 2025-03-25 13:50 - Reading : 5 minute(s)
USA Donald Trump Houthi Jeffrey Goldberg
The Trump administration is dealing with the fallout of a stunning security breach that allowed a journalist to read exchanges between senior officials in a group chat on the Signal messaging app. The group's members, including Defense Secretary Pete Hegseth and Vice President JD Vance, talked about strikes on Yemen's Huthi rebels hours before ...
Carly Simon and the Secret Behind 'You're So Vain'
Bélinda Ibrahim 2025-03-22 18:00 - Reading : 4 minute(s)
Song Story Carly Simon Culture
November 1972. You're So Vain hits the airwaves and instantly captivates listeners. Its catchy rhythm, sharp lyrics and especially that iconic chorus—“You're so vain, you probably think this song is about you”—catapult Carly Simon to the top of the charts. By January 1973, the song is a number-one hit in the United States, Canada, ...
Beirut Stock Exchange: Trading Volume Drops 80%!
Liliane Mokbel 2025-03-22 12:00 - Reading : less than a minute
Lebanon stocks trading banking
The Beirut Stock Exchange (BSE) saw a sharp decline in activity during the week of March 14, with trading volume dropping to 115,916 shares, compared to 570,083 the previous week. The total value of transactions also decreased, falling to $3.44 million from $4.94 million the week before, according to a report by Banque du Crédit ...
Lebanon Announces 2025 Official Exams Registration Guidelines
This is Beirut 2025-03-19 12:05 - Reading : 5 minute(s)
Lebanon 2025 Official Exams Education Ministry
The Director General of Education and Head of Exam Committees, Fadi Yarak, issued a circular outlining the requirements for submitting candidacy applications for Lebanon's 2025 official exams. This applies to public and private schools, institutions teaching non-Lebanese students in afternoon shifts and independent (free) applicants. Key ...
And Paolo Sorrentino Created 'Parthenope!'
Bélinda Ibrahim 2025-03-18 18:00 - Reading : 5 minute(s)
Cinema Film Paolo Sorrentino Naples Italy Culture
After glorifying Rome in The Great Beauty, Paolo Sorrentino returns to Naples for an aesthetic and sensory journey into the heart of his birthplace. Parthenope is a declaration of love, a mythological celebration and a reflection on beauty—both a burden and a privilege. Each meticulously crafted shot turns Naples into a character in its own, ...
Pamela Anderson Reinvents Herself 32 years after 'Baywatch' and Dreams of Theater
Madeleine Cadoux 2025-03-08 17:00 - Reading : 4 minute(s)
TV Theater Actress Pamela Anderson Culture Art
Pamela Anderson finally feels like an actress, 32 years after Baywatch. After winning rave reviews for her turn in the film The Last Showgirl, Pamela Anderson is now dreaming of doing theater as the 1990s glamour model seeks to reinvent herself again. The 57-year-old one-time Playboy pin-up, who shot to global fame as lifeguard CJ Parker in ...
Cavs Win Streak Halted After Magic Comeback
This is Beirut 2025-03-17 19:45 - Reading : 3 minute(s)
Paolo Banchero scored 24 points as the Orlando Magic overturned a 13-point deficit to end the Cleveland Cavaliers' 16-game NBA unbeaten streak with a gutsy 108-103 road victory on Sunday. Cleveland, the runaway Eastern Conference leaders, had looked poised to extend their franchise-record winning run after surging clear of Orlando early in the ...
Moody's upgrades Greece credit rating, outlook stable
This is Beirut 2025-03-15 09:40 - Reading : 2 minute(s)
Banks European Union International Monetary Fund
Ratings agency Moody's on Friday upgraded Greece's credit rating, pulling the country out of junk territory after its years of struggling to recover from a debt crisis. Along with the ratings elevation from Ba1 to Baa3, Moody's changed its outlook for Greece from positive to stable. The other two major ratings agencies, S&P and ...
Kulluna Irada's Strategy: Writing Off Deposits and the Bankruptcy of Banks
This is Beirut 2025-03-14 08:30 - Reading : 4 minute(s)
Demands for accountability from Kulluna Irada have intensified over its actions in recent years, particularly since the 2019 financial crisis. This includes the decision by former Prime Minister Hassane Diab's government to declare Lebanon bankrupt, its failure to repay debts, and its role in destabilizing the country's monetary and financial ...
Official Start of Negotiations with IMF, Jaber Confirms: No Write-Off of Deposits
This is Beirut 2025-03-12 20:30 - Reading : 5 minute(s)
Lebanese authorities announced the resumption of negotiations with the International Monetary Fund (IMF) to reach a final agreement that would grant the country loans while advancing its reform agenda. Talks between the Lebanese government and the IMF began on Wednesday, aiming for a staff-level agreement as a step toward broader negotiations to ...
Trump: 'The Apprentice' Re-runs Unveil His Rise to Fame
This is Beirut 2025-03-12 17:00 - Reading : 3 minute(s)
Donald Trump TV United States America
Re-runs of The Apprentice reality show that propelled Donald Trump into the US national consciousness, are showing on Prime Video, the latest indication of warming relations between the US president and Amazon tycoon Jeff Bezos. Following a frosty few years between tech titans and the US president, the move is another sign of a rapprochement that ...
Ukraine Backs US Proposal for 30-Day Ceasefire in War with Russia
This is Beirut 2025-03-11 21:25 - Reading : 5 minute(s)
Ukraine Saudi Arabia United States
Ukraine endorsed an American proposal for a 30-day ceasefire and agreed to immediate negotiations with Russia in crunch talks in Jeddah on Tuesday after three years of grinding war. The positive response from Ukraine prompted President Donald Trump's administration to lift a freeze on military aid and to predict the beginning to an end to ...
Basketball - WASL: Riyadi Rolls, Sagesse Crumbles
Makram Haddad 2025-03-09 09:45 - Reading : 2 minute(s)
On Saturday night, in this highly anticipated WASL Cup showdown, those expecting a tightly contested battle were quickly disappointed. After a competitive first quarter, Riyadi took control and never let up. More aggressive and better organized, Ahmad Farran’s men dismantled a powerless Sagesse (85-59). “All the credit goes to the players. ...
Lebanon’s Public Debt Shows Signs of Stabilization
This is Beirut 2025-05-07 20:00 - Reading : 2 minute(s)
Lebanon’s public debt, long a symbol of its financial instability, is showing tentative signs of improvement. Recent data indicates a decline in the debt-to-GDP ratio, suggesting a modest stabilization following years of economic turmoil. At the peak of the crisis in 2021, Lebanon’s debt-to-GDP ratio soared to an unprecedented 357.7%, ...
Knicks Rally Again to Take 2-0 Lead Over Celtics, Thunder Roar Back
This is Beirut 2025-05-08 12:20 - Reading : 4 minute(s)
The New York Knicks rallied again from 20 points down to snatch a 91-90 victory over the Boston Celtics on Wednesday as the Oklahoma City Thunder bounced back in historic style in the NBA playoffs. After erasing a 20-point deficit in a gritty overtime triumph in game one, the Knicks authored another epic comeback to take a 2-0 lead over the ...
Netanyahu 'Must Go', Says Former Israeli PM Bennett
This is Beirut 2025-06-29 12:55 - Reading : 2 minute(s)
Nawaf Salam Benjamin Netanyahu Naftali Bennett
Israel's Prime Minister Benjamin Netanyahu must leave office, his predecessor Naftali Bennett has said in a televised interview, refusing to say whether he intends to challenge the country's longest-serving leader in an election. In an interview with Israel's Channel 12 that aired on Saturday, former prime minister Bennett said Netanyahu "has ...
Lebanon Elected to UN Economic and Social Council for 2026–2028 Term
This is Beirut 2025-06-05 10:45 - Reading : 1 minute(s)
Lebanon New York United Nations ECOSOC
Lebanon has been elected to the United Nations Economic and Social Council (ECOSOC) for the 2026–2028 term, following a vote held Thursday at UN headquarters in New York. The announcement comes on the heels of Lebanon’s recent appointment as one of the Vice Presidents of the 80th session of the UN General Assembly, which is currently presided ...
Thunder Rally to Beat Pacers, Level NBA Finals at 2-2
This is Beirut 2025-06-14 13:15 - Reading : 3 minute(s)
Shai Gilgeous-Alexander scored 15 of his 35 points in the fourth quarter as the Oklahoma City Thunder rallied for a gritty 111-104 victory over the Indiana Pacers that leveled the NBA Finals at two games apiece on Friday. Frustrated for much of the game by Indiana's relentless defense, NBA Most Valuable Player Gilgeous-Alexander found a way to ...
Israel Strikes Over 100 Targets in Iran; Three Senior Iranian Commanders Killed
This is Beirut 2025-06-13 08:20 - Reading : 1 minute(s)
The Israeli military has announced that more than 100 targets across Iran were struck overnight in a large-scale air operation involving over 200 fighter jets. According to the Israeli army, the operation successfully eliminated three senior leaders of the Iranian military and security establishment. The army named the high-ranking figures ...
New Equipment to Boost Lebanon’s Agricultural Exports
This is Beirut 2025-06-12 19:55 - Reading : 2 minute(s)
Lebanon European Union Rene Mouawad Foundation Michel Mouawad
The René Moawad Foundation donated advanced equipment for pesticide residue testing to the Lebanese Ministry of Agriculture, a move hailed as a key step toward improving food safety standards and boosting Lebanon’s agricultural exports. The new equipment was officially delivered during a ceremony marking the reopening of the ministry’s ...
Court Blocks Trump's New Ban on Foreign Students at Harvard
This is Beirut 2025-06-06 09:35 - Reading : 2 minute(s)
A court on Thursday put a temporary stay on Donald Trump's latest effort to stop foreign students from enrolling at Harvard, as the US president's battle with one of the world's most prestigious universities intensified. A proclamation issued by the White House late Wednesday sought to bar most new international students at Harvard from entering ...
Spider’s Web: Drones and AI Transforming the Ukrainian Conflict
Mario Chartouni 2025-06-05 19:55 - Reading : 4 minute(s)
Ukraine Volodymyr Zelensky Kyiv Russia Spider's Web
Ukraine’s covert “Spider’s Web” operation, launched last Sunday, marks a significant shift in the Russo-Ukrainian war. Using advanced kamikaze drones, Kyiv struck four Russian air bases located thousands of kilometers behind enemy lines, reportedly destroying over 40 military aircraft and causing an estimated $7 billion in damage. In an ...
Key Appointments at Banque du Liban Still Pending
Maurice Matta 2025-06-05 16:00 - Reading : 4 minute(s)
Banque du Liban Central Bank of Lebanon International Monetary Fund Banks Joseph Aoun
The terms of the four vice-governors of the Lebanese Central Bank (BDL) will expire on June 11, along with those of the chairman and members of the Banking Control Commission, as well as three experts on the Capital Markets Authority. In line with Article 18 of the Code of Money and Credit, the governor of BDL is appointed by decree for a ...
Trump Orders Inquiry Into 'Conspiracy' to Hide Biden's Health Decline
This is Beirut 2025-06-05 09:25 - Reading : 4 minute(s)
Donald Trump Republicans Democrats United States
US President Donald Trump on Wednesday ordered an investigation into what Republicans claim was a "conspiracy" to cover up Joe Biden's declining cognitive health during his time in the White House. The move, which was slammed by Biden, is the latest in a long-running campaign by Trump -- with the backing of Republican Party politicians and their ...
A Rescue Plan for Sustainable Development
António Guterres 2025-06-18 09:00 - Reading : 4 minute(s)
António Guterres Sevilla Sustainable development
The stakes could not be higher. A decade after the adoption of the Sustainable Development Goals and many global commitments to finance them, two-thirds of the targets are lagging. The world is also falling short by over $4 trillion annually in the resources that developing countries need to deliver on these promises by 2030. Meanwhile, the ...
The Mirage of Change: Lebanon's 'Change MPs' Exposed
Marc Saikali 2025-06-05 08:15 - Reading : 2 minute(s)
Lebanon Parliament MPs Change Reforms
They promised to change everything. They changed nothing—and worse still, they turned hope into bitterness and trust into betrayal. When Lebanon’s so-called “Change MPs” entered Parliament in 2022, they rode a wave of popular revolt against a corrupt, decaying system. For once, the Lebanese people believed. They were wrong. The illusion ...