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Iraqi Markets a Haven for Peddlers Escaping Iran's Economic Woes

Every Friday, Alawi crosses the border from Iran into Iraq to sell his produce in the markets of Basra, which serve as a haven for Iranians grappling with economic sanctions. He is just one of many Iranian peddlers who endure the arduous journey into southern Iraq through the Chalamja border crossing. They bring essential goods such as chicken, ...

Nintendo Bullish on Switch 2 Pre-Sales in Japan

Nintendo shares surged Thursday after the gaming giant boasted of higher than expected demand in Japan for pre-orders of its hotly anticipated Switch 2 console. The successor to the Switch -- the third best-selling console ever behind Sony's PlayStation 2 and the Nintendo DS -- is set to hit shelves worldwide on June 5. And the stakes are high: ...

Iraqi Markets a Haven for Pedlars Escaping Iran's Economic Woes

Every Friday, Alawi crosses the border from Iran into Iraq to sell his produce in the markets of Basra, which serve as a haven for Iranians grappling with economic sanctions. He is just one of many Iranian pedlars who endure the arduous journey into southern Iraq through the Chalamja border crossing. They bring essential goods such as chicken, ...

The Freida McFadden Phenomenon Confuses French Literary Critics

Why are American author Freida McFadden’s psychological thrillers selling so well in France? French literary critics are trying to understand the craze but remain doubtful about the true merit of her work. The Housemaid was the best-selling book in France in 2024, with over 600,000 copies sold. By the end of February 2025, it had crossed the ...

Illegally Privatized Coastline: End of Impunity or a Mere Political Posturing?

After decades of laissez-faire, has the tide finally turned? Breaking with a long-standing tradition of complacency toward violations of the coastline, the government of Nawaf Salam has withdrawn three controversial decrees adopted under the Mikati administration. These decrees had legitimized the appropriation of over 140,000 square meters of ...

Frances Mayes Awarded Italian Citizenship for Literary Merit

The Italian government announced Friday its decision to grant honorary citizenship to American author Frances Mayes, known globally for her best-selling memoir Under the Tuscan Sun. Officials cited “exceptional merit” as the reason behind the move. In an official statement, authorities confirmed that the Italian Council of Ministers had ...

Analysts Warn US Could Be Handing Chip Market to China

As the Trump administration attempts to choke off exports of strategically important computer chips to China, experts say the effort might well backfire, fueling innovation at Chinese firms that could help them seize the world semiconductor market. "What's actually happening is that the US government right now is handing China a big win as it ...

American and European Rivalry Serves China and Its Axis

It is in no way simplistic to say that the 20th century has been the American century. Our modern world was and is still being shaped by innovations made in America. The nuclear bomb, the Apollo mission to the moon and the internet. Indeed, America can draw from a long list, but one overlooked American achievement is Europe. It would not be an ...

Gold Hits Record above $3,500, Stocks Slip as Trump Fuels Fed Fears

Bullion hit another record Tuesday while the dollar steadied and equities mostly fell as Donald Trump's latest salvo against Federal Reserve boss Jerome Powell added fuel to fears about the central bank's independence. With the US tariff blitz still causing ructions on global trading floors, investors are now dealing with the added worry that the ...

Huawei Founder says Chips Still Lag 'One Generation' Behind US

Chinese tech giant Huawei's chips still "lag behind the United States by one generation", state media quoted its founder and CEO Ren Zhengfei as saying in a rare interview on Tuesday. Washington last month unveiled fresh guidelines warning firms that using Chinese-made high-tech AI semiconductors, specifically Huawei's Ascend chips, would put ...

Beach Boy Brian Wilson, Surf Rock Poet, Dies at 82

Brian Wilson, the Beach Boys co-founder who masterminded the group's wild popularity and soundtracked the California dream, has died, his family announced Wednesday. He was 82. "We are heartbroken to announce that our beloved father Brian Wilson has passed away. We are at a loss for words right now," read the statement published on Wilson's ...

State Employee Arrested for Power Theft

The General Directorate of State Security announced that the Mount Lebanon Regional Directorate, Keserwan Office, arrested on August 20, 2025, a customs employee identified as (D. B.) in the town of Ghbaleh, on charges of stealing electricity from the Electricité du Liban (EDL) network for about five years. According to the statement, the ...

Heritage and Cool Comfort: Paris’ Underground Catacombs Treasure

The moment visitors step inside the Paris Catacombs, the hundred or so people who had been waiting outside in the shade of the trees put away their caps, sunglasses, and hand fans, swapping them for sweaters and jackets in hopes of escaping the oppressive summer heat. Those dressed too lightly wrap their arms around themselves for warmth. Beatriz ...

Gucci owner Kering posts 46% profit slump before new CEO arrives

French luxury group Kering reported Tuesday a 46 percent plunge in net profit during the first half, with sales slumping again at its flagship Gucci brand, as the group awaits a new CEO to try to regain its footing. Group net profit fell to 474 million euros ($547 million) in the first half from 878 million in the same period last year, on sales ...

Eight OPEC+ Countries Raise Production by 547,000 Bpd

Saudi Arabia, Russia and six key members of the OPEC+ alliance said Sunday they will increase production by 547,000 barrels a day in a move that analysts say aims to regain market share amid resilient crude prices. Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria and Oman, along with the Saudis and Russians, together nicknamed the ...

Trump Says to Raise Tariff on India over Russia Oil Purchases

President Donald Trump threatened Monday to hike US tariffs on goods from India over its purchases of Russian oil, a key source of revenue for Moscow's war on Ukraine. New Delhi quickly pushed back, saying the move was unjustified and vowing to protect its interests. Trump's heightened pressure on India comes after he signaled fresh ...

Darth Vader’s Star Wars Lightsaber Goes to Auction

Darth Vader's lightsaber, used to chop off Luke Skywalker's hand in Star Wars classic The Empire Strikes Back, went on display in London on Wednesday, ahead of its US sale next month. The prop has been described as the "Holy Grail" for Star Wars fans, with millions prepared to end up like Skywalker and give their right arm to own the iconic ...

Sales in Lebanon: Swing Between Bargains, Illusions and Economic Survival

For many Lebanese, sales are the only time of year when long-desired items become remotely affordable: a pair of sneakers, a designer dress or a household appliance. With wallets worn thin by inflation, a devalued currency and eroding purchasing power, discounts provide a much-needed breather. But while some shoppers welcome the relief, others ...

From Boom to Bust: Lebanon’s Solar Market Collapses

In just a few months, the sun has set on Lebanon’s booming solar panel market. According to customs data, imports dropped by 72% in the first half of 2025 compared to the same period last year. The total value fell to $21 million, down from $75 million in 2024, with volumes shrinking from 34,000 tons to 11,000 tons.   The contrast is even ...

Norway Sovereign Fund Drops Investments in 11 Israeli Companies

Norway's sovereign wealth fund said Monday that it was selling its investments in 11 Israeli companies following reports it had invested in an Israeli jet engine maker even as the war in Gaza raged. Nicolai Tangen, chief of Norges Bank Investment Management (NBIM), which manages the fund, said the decision was taken "in response to ...

Lebanon’s Heatwave Fails to Boost Fan Sales

Lebanon is sweltering under a powerful heatwave this week, but contrary to popular belief, the soaring temperatures have not sparked a rush to buy fans. Appliance shop owners say sales remain flat compared to last summer, with some even suggesting that last year’s sales were higher despite this week’s intense heat. In Beirut, from Corniche ...

Zelensky Says Russian Negotiators Have 'Begun to Discuss' Possible Putin Meeting

Negotiators from Moscow and Kyiv discussed the possibility of a meeting between Ukrainian President Volodymyr Zelensky and Russian counterpart Vladimir Putin during their talks in Istanbul this week, Zelensky said in comments released Friday. Ukraine has been pushing for a meeting between the two leaders and has expressed hope that Donald Trump, ...

In Tripoli, One Man Keeps the Tarbouche Tradition Alive

Nestled among shops in a bustling market in north Lebanon's Tripoli, Mohammed al-Shaar is at his workshop making traditional tarboosh hats, keeping up a family craft despite dwindling demand. With a thimble on one finger, Shaar, 38, cuts, sews and carefully assembles the pieces of the conical, flat-topped felt hat also known as a fez, attaching a ...

Trump Names Stallone, Strait, Gaynor Among 2025 Kennedy Center Honorees

US President Donald Trump on Wednesday named Rocky star Sylvester Stallone and country music great George Strait among the recipients of the Kennedy Center Honors, as he pursues a controversial overhaul of the storied arts venue. Since returning to office in January, the Republican leader has declared war on what he calls "woke" viewpoints ...

Hezbollah: The Coup d’État

In Lebanon, some speeches go beyond conveying information, they amount to declarations of war. On Friday, Hezbollah’s Secretary-General delivered a statement so incendiary it pushed the nation to the edge. “The army is incapable of protecting the nation,” he declared. “The government is selling the country to Israel and the ...

Five Arrested in Lebanon’s Vehicle Registration Scandal

The Ministry of Interior and Municipalities announced on Friday the arrest of two employees and three transaction brokers on charges of bribery and forgery at the Vehicle and Motor Registration Department. The case began after the department’s administration received information that an employee, identified by his initials (A.M.), was allegedly ...

Shakira’s Tour Is a Celebration of Power, Memory, and Style

When Shakira steps on stage, she curates an experience. Her wardrobe shifts from tribal-inspired jumpsuits to Versace’s gleaming couture, from Balenciaga’s street-savvy tees to Etro’s earthy textures. Each change is a chapter, each fabric a new expression of power. The stadium becomes a runway, but one charged with rhythm, sweat, and a ...

Terence Stamp, Screen Legend and 'Superman'’s Zod, Died at 87

The London actor from a working-class background, born on July 22, 1938, had his first breakthrough in Peter Ustinov's Billy Budd. His performance as a dashing young sailor hanged for killing one of his crewmates earned him an Oscar nomination and a Golden Globe for Best New Actor. Carving out a niche for his alluring depictions of brooding ...

Games Industry in Search of New Winning Combo at Gamescom 2025

The global games industry gathers for the vast Gamescom trade fair in Cologne this week, with hopes that upcoming heavy-hitters like "GTA VI" can help the industry escape its doldrums. Tuesday's opening night event will show off major releases slated for the months ahead, with the starring role going to "Black Ops 7" -- the new installment in the ...

Smuggling of 500 Kg of Rotten Chicken Foiled in Al-Qaa

A Lebanese customs patrol intercepted a significant quantity of smuggled rotten chicken, estimated at 500 kilograms, near the border town of Al-Qaa, authorities reported on Tuesday. The contraband poultry, believed to have been transported from Syria via motorcycles, entered Lebanese territory without meeting any health or refrigeration ...