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Drone Attack Against Iraqi Intelligence Services Kills One in Baghdad

An Iraqi officer was killed on Saturday in a drone attack targeting an Iraqi intelligence services building in a residential Baghdad neighbourhood, the agency said, as the Middle East war reverberates across the country. Iraq has been unwillingly drawn into the Middle East conflict with strikes targeting Iran-backed groups, which in turn have ...

UAE-Iran Ties Deteriorate as Tehran-Linked Hospital Ordered Shut in Dubai

The United Arab Emirates has ordered the closure of an Iranian state-linked hospital in Dubai, three employees at the facility told AFP, as ties between the two neighbors deteriorate and Tehran continues its aerial campaign against Gulf states. Since the United States and Israel began striking Iran on February 28, Tehran has launched waves of ...

U.S. Strikes Iran Bases Threatening Blocked Hormuz Oil Route

The U.S. military declared on Saturday it had damaged an Iranian bunker housing weapons threatening oil and gas shipments in the Strait of Hormuz, as thousands of Iranians marked Eid al-Fitr with prayer. The U.S. statement appeared designed to calm the concerns of energy markets and of Washington's sceptical international allies, more than 20 of ...

Trump Gives Iran 48 Hours to Open Hormuz as Tehran Strikes Israel

U.S. President Donald Trump on Saturday gave Iran 48 hours to reopen the Strait of Hormuz to shipping or face the destruction of its energy infrastructure, as Tehran launched its most destructive attack yet on Israel. The ultimatum, made just a day after the U.S. leader said he was considering "winding down" military operations after ...

Lebanon Expels Iran’s Envoy, but the IRGC Still Looms Large

While Lebanese authorities’ decision to expel Iran’s envoy to the country marks a significant attempt to restore state sovereignty and redefine the bounds of ties between Tehran and Beirut, its practical impact on the ground remains limited. Beirut’s move comes amid an escalating war between Israel and Hezbollah that has underscored the ...

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 ...

Dubai Airport Flights Disrupted After Nearby Drone Fire, One Killed in Abu Dhabi

Missiles and drone attacks hit across the UAE on Monday, with a drone-related incident sparking a fuel tank fire near Dubai airport that disrupted travel, while a missile killed a civilian in Abu Dhabi. In the eastern emirate of Fujairah, a drone attack on oil infrastructure sparked a fire, just one day after an AFP journalist saw smoke rising ...

Why Stablecoins are Gaining Popularity

Stablecoins -- a form of cryptocurrency backed by traditional assets -- are gaining traction, with the US Senate set to vote Tuesday on a bill to regulate such digital tokens. But as stablecoins move closer to the financial mainstream, experts warn that weak regulation could leave investors and the financial system vulnerable. What are ...

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 ...

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 ...

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 ...

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, ...

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 ...

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, ...

Gold in Uncertain Times: Jewelry vs. Bullion

In times of crisis, gold stands as the ultimate pillar of stability. Timeless, reassuring and resistant to passing trends, it shines brighter as financial markets falter. But a critical question remains: which form of gold offers better protection in turbulent times — jewelry or bullion? And is resale truly profitable? Historically, when ...

'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 ...

Bulgaria to Get Final Green Light to Adopt Euro in 2026

EU ministers are set to give the final green light on Tuesday for Bulgaria to adopt the euro on January 1, 2026, when the country would become the single currency area's 21st member. The European Commission said last month that the EU's poorest country had fulfilled the strict conditions to adopt the euro, while the European Central Bank (ECB) ...

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 ...

Why Silver Is Stealing the Spotlight from Gold

Since the start of the year, silver prices have soared nearly 30%, climbing from around $30.40 an ounce in January to nearly $37 in July – levels not seen since 2011. This is a rare surge for a metal that typically moves more cautiously than gold. Crossing the $35 per ounce threshold, silver has caught analysts off guard and stirred excitement ...

Tablecoin: When Human Intelligence Becomes a Currency

As technological advances accelerate, Washington has just passed two landmark pieces of legislation: the country’s first national framework for stablecoins and the ambitious Genius Act. The aim? To regulate digital assets while safeguarding human intellectual contribution in an increasingly automated world. What Is the Genius Act? Recently ...

Trump Returns to His Scottish Roots to Open Golf Course on Ancestral Isle

Donald Trump will fly into Scotland on Friday for a private visit to the land where his mother was born and spent her childhood on the remote Isle of Lewis. "It's great to be home; this was the home of my mother," he said when he arrived on his last visit in 2023. Born Mary Anne MacLeod, Trump's mother immigrated to the United States when she ...

A Journey Through the Mystery of Cleopatra at the Arab World Institute in Paris

Among all the women in history, Cleopatra has stood apart through her aura of mystery, her carefully cultivated image, and her lasting legacy. She has been woven into the fabric of history as both a femme fatale and a sovereign: a queen, a seductress, a shrewd politician, and an enigma. In Paris, the Arab World Institute is currently presenting ...

New Cryptocurrency May Be Aiding Russia to Dodge Sanctions

Russia could be turning to a new cryptocurrency called A7A5 to allow money to flow in and out of the country and avoid Western sanctions, experts have told AFP. Multiple rounds of international sanctions have been imposed on Moscow since its February 2022 invasion of Ukraine seeking to ramp up economic pressure to halt the war. But the launch of ...

Will Stablecoins Become Everyday Money?

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 ...