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The Hezbollah-Israel War: A Blow to the Lebanese Economy
Johnny Ftouhi 2024-11-05 14:35 - Reading : 6 minute(s)
Central Bank of Lebanon Economic losses war cost
Lebanon is undergoing an unprecedented economic collapse, worsened by the recent war, which deepened the financial crisis that began in 2019 when the state declared bankruptcy, and banks, along with the Central Bank (BDL), faltered. The financial sector’s collapse triggered a widespread crisis, affecting every facet of economic and daily life. ...
Spanish Royals Pelted with Mud as Flood Death Toll Tops 200
This is Beirut 2024-11-03 17:25 - Reading : 5 minute(s)
Furious locals pelted Spain's royals and premier on Sunday with mud and cries of "murderers!", forcing officials to cut short their visit to the town worst hit by the floods, which have killed more than 200. The angry crowd in the town of Paiporta focused most of its wrath on Prime Minister Pedro Sanchez and the head of the Valencia ...
Spain's Royals Visit Flooded Region Where 200 were Killed
This is Beirut 2024-11-03 10:30 - Reading : 4 minute(s)
Spain's King Felipe VI and Queen Letizia are due Sunday to visit the Valencia region, Spanish media reported, where devastating floods have killed more than 200 people. Hopes of finding survivors ebbed five days after torrents of muddy water wrecked towns and infrastructure in Spain's worst such disaster in decades. Almost all the deaths have ...
Spain Deploys 10,000 More Troops to Flood Epicentre
This is Beirut 2024-11-02 17:00 - Reading : 3 minute(s)
spain valencia floods pedro sanchez
Spain is deploying 10,000 more troops and police officers to the eastern Valencia region devastated by historic floods that have killed 211 people, Prime Minister Pedro Sanchez said on Saturday. Hopes of finding survivors were slim more than three days after torrents of muddy water submerged towns and wrecked infrastructure in the European ...
Imad Amhaz, Kidnapped by Israeli Commando for suspected arms smuggling for Hezbollah
This is Beirut 2024-11-02 14:15 - Reading : 3 minute(s)
Nawaf Salam israel commando kidnapping
Imad Fadel Amhaz, who was abducted at dawn on Friday from his chalet in Batroun by an Israeli naval commando, is not believed to be a member of Hezbollah, but has links with the pro-Iranian group, on whose behalf he was transporting weapons by sea from Syria to Lebanon. This information has yet to be confirmed, as the Lebanese army is still ...
Mikati Calls for the Security of Electronic Data
This is Beirut 2024-10-31 13:15 - Reading : less than a minute
Lebanon Najib Mikati Security Data
Caretaker Prime Minister Najib Mikati issued a circular on Thursday addressing public administrations and municipalities regarding electronic platform usage and information exchanges. Mikati stressed that to mitigate security risks and potential infiltrations, public administrations, institutions, and municipalities are strongly advised against ...
Israel-Hezbollah Conflict: Lebanon's Staggering Loss Figures
Christiane Tager 2024-10-30 21:45 - Reading : 2 minute(s)
Since the beginning of the conflict between Israel and Hezbollah on October 8, 2023, Lebanon has endured significant human and economic losses, further weakening a country that faces serious political and economic challenges. The impact of the persisting conflict is felt across all sectors. In an interview with This is Beirut, financial and ...
Dollar Soars, Bitcoin Hits Record as Trump Leads Key Swing States
This is Beirut 2024-11-06 09:45 - Reading : 3 minute(s)
Donald Trump Republicans bitcoin dollar
The dollar surged and bitcoin hit a record high Wednesday as traders bet on a victory for Donald Trump as he picked up key swing states needed to take the White House, ramping up bets on fresh tax cuts, tariffs and rising inflation. While polls had shown the race on a knife edge, the Republican appeared to be faring better than his Democratic ...
Moldova's EU Membership Vote is Too Close to Call
This is Beirut 2024-10-21 09:50 - Reading : 4 minute(s)
Banks Europe European Union Ukraine Washington
A referendum on Moldova joining the EU was too close to call early Monday with almost all votes counted, as pro-EU President Maia Sandu blamed "criminal groups working together with foreign forces" -- a veiled reference to Russia -- for the outcome. The close vote is a setback for Sandu, who managed to top the first round of ...
Oil-Rich Iraqi Kurdistan Votes, Shadowed by Economic Struggles
This is Beirut 2024-10-20 17:40 - Reading : 4 minute(s)
Europe Middle East United Nations United States USA
Iraq's autonomous Kurdistan region voted on Sunday to elect a new parliament for the oil-rich region, where voters express concern over economic struggles and disenchantment with the political elite. Iraqi Kurdistan presents itself as a relative oasis of stability in the turbulent Middle East, attracting foreign investors due to its close ...
Gaza Rescuers Say Over 400 Killed in Two Weeks of Israeli Assault on Territory’s North
This is Beirut 2024-10-19 16:25 - Reading : 2 minute(s)
Gaza's civil defence agency said Saturday more than 400 Palestinians were killed in the north of the territory over the past two weeks during an ongoing military assault Israel says is aimed at preventing Hamas fighters from regrouping. The Israeli military launched a sweeping air and ground assault targeting northern Gaza on October 6. Since ...
Fayad: $440 Million in Damage to Water and Energy Sectors
This is Beirut 2024-10-19 13:10 - Reading : less than a minute
Caretaker Energy Minister Walid Fayad stated on Saturday that the damage caused by Israeli airstrikes on Lebanon is estimated at nearly $440 million in the water and energy sectors, while the losses in the services, education, and health sectors amount to billions of dollars. He specified that the damage to electricity and water networks alone ...
Scorched Earth Strategy: Can Israel Isolate Hezbollah?
2024-10-18 18:00 - Reading : 4 minute(s)
war scorched earth south Lebanon
Reminiscent of the dark days of the 2006 war, Israel's “scorched earth” tactic appears to have resurfaced in the current conflict with Hezbollah that has been ongoing since October 7. While wiping out entire villages may not be Israel’s endgame, it remains a significant military strategy serving its ultimate goal. Since September 26, ...
US See Chance for Ceasefire in Death of Yahya Sinwar
This is Beirut 2024-10-18 10:20 - Reading : 4 minute(s)
Antony Blinken Ceasefire Hamas Benjamin Netanyahu
After months of disappointment, US President Joe Biden's administration sees new hope for reaching a Gaza ceasefire after Israel killed Hamas leader Yahya Sinwar, but the upcoming US elections cast a shadow on prospects for a breakthrough. Biden and Vice President Kamala Harris, who is running in a tight race for the White House against Donald ...
Will General Joseph Aoun’s Mandate Be Extended Again?
Natasha Metni Torbey 2024-11-05 19:05 - Reading : 5 minute(s)
Gebran Bassil Joseph Aoun Lebanese Army Nabih Berri Mandate
With only two months left until the expiration of Army Commander-in-Chief General Joseph Aoun's mandate, the same question that surfaced at the end of 2023 is once again looming: can Lebanon avoid a vacancy at the helm of its military, the sole fully operational institution in a country where others remain paralyzed amid a profound security, ...
US election : Trump Declares Victory
This is Beirut 2024-11-06 11:23 - Reading : 2 minute(s)
Democrats Donald Trump Republicans USA
Donald Trump claimed victory and pledged to "heal" the country Wednesday as results put him on the verge of beating Kamala Harris in a stunning White House comeback. His exuberant speech came despite the fact that only Fox News had declared him the winner, with no other US networks having made the call so far. As jubilant supporters ...
The Future of Iran: A Regime Change?
Salam Zaatari 2024-10-17 09:00 - Reading : 4 minute(s)
As the Middle East war intensifies, Iran’s future seems precarious, especially with the mounting international pressure and Israel’s aggressive stance following Iran’s involvement in the conflict. The question of what Israel’s retaliation will look like looms large, with potential options ranging from targeted assassinations to more ...
The Reconstruction of War-Torn Areas in Lebanon: A Complex and Uncertain Equation
Natasha Metni Torbey 2024-11-29 17:25 - Reading : 4 minute(s)
Nawaf Salam Banks Hezbollah International Monetary Fund South Lebanon
The end of hostilities between Hezbollah and Israel raises a critical question for the Lebanese: who will bear the financial responsibility for rebuilding the villages and cities devastated by the conflict? In a country already mired in an unprecedented economic and political crisis, options are both limited and complex. Several actors could ...
Our Issue with Hezbollah and Its Finances
Johnny Kortbawi 2024-12-06 11:35 - Reading : 2 minute(s)
There is much to address regarding our frustration with Hezbollah and its economic and financial conduct. This frustration reached a peak yesterday with the remarks of its Deputy Secretary-General, Naim Qassem, as he outlined how aid is being distributed: a thousand dollars here, a hundred there—some for those affected in the South, and some for ...
Lebanese Dream of Escaping the Shadow of "Sinwarstan" in Gaza
Baker Halawi 2024-12-05 10:20 - Reading : 18 minute(s)
The Lebanese people, renowned for their innate love of life, are among the most resilient populations, adapting effortlessly to both the calm of peace and the chaos of war. This deeply rooted resilience stems from an unwavering connection to their homeland, where each individual expresses their devotion to Lebanon uniquely. However, as this small ...
The Poisoned Chalice of Political Islam
Salam Zaatari 2024-12-05 09:00 - Reading : 7 minute(s)
For as long as I can remember, my identity as a Muslim has been a source of both pride and fear. Growing up in a post-9/11 world, I have lived under the shadow of suspicion, my faith often seen through the lens of terrorism, extremism, and political turmoil. From news headlines to Hollywood narratives, the image of Islam has been relentlessly ...
Corm Announces Plan to Restart Damaged Phone Centrals
This is Beirut 2024-12-03 16:05 - Reading : 1 minute(s)
South Lebanon Ogero Internet Touch Alpha
Caretaker Telecommunications Minister Johnny Corm inspected on Tuesday the damage caused to Ogero central in al-Mreijeh, in Beirut's southern suburb, and announced that an action plan would soon be drawn up to restore all the telephone centrals damaged by the Israeli raids in Beirut, southern Lebanon and the Beqaa region. At the end of the tour, ...
As Ceasefire Falters, Lebanon Urges Quick Action on Monitoring Committee
Bassam Abou Zeid 2024-12-02 20:10 - Reading : 3 minute(s)
Nawaf Salam Lebanon Hezbollah Ceasefire USA
The ceasefire in southern Lebanon is faltering, raising concerns among local, regional, and international key players about its potential collapse. In response, many of these parties rushed to initiate a series of contacts aimed at stabilizing the situation. However, their efforts have so far proven unsuccessful. Hezbollah retaliated against what ...
Syrian Rebels Advance Towards Hama After Capturing Aleppo
This is Beirut 2024-11-30 16:30 - Reading : 5 minute(s)
War monitor Syrian Observatory for Human Rights (SOHR) reported that jihadists and allied rebel factions had taken most of Aleppo, Syria's second-largest city, in a lightning offensive that left more than 320 dead, a crushing blow to Bashar al-Assad's rule. Syrian rebels are now advancing towards the city of Hama, claiming to already ...
The Toll of a Devastating Conflict
Christiane Tager 2024-11-27 10:00 - Reading : 4 minute(s)
Nawaf Salam Lebanon Hezbollah Destruction
Lebanon finds itself once again at the heart of an exorbitantly costly conflict. The war between Israel and Hezbollah is not limited to military confrontation; it inflicts colossal damage on a country struggling to recover. Destroyed infrastructure, a paralyzed economy, and displaced populations — this conflict’s repercussions far exceed the ...
USA: President-Elect Trump at 301 Electoral Votes, Harris at 226
This is Beirut 2024-11-08 18:39 - Reading : 2 minute(s)
Donald Trump USA Harris elections results
The final state calls are coming in for the US presidential election, with President-elect Donald Trump at 301 electoral votes, well past the 270 needed for victory, and Democratic Vice President Kamala Harris at 226, US networks said. Nevada was the latest to be called Friday, with six electoral votes going to Trump, yet another flip of a swing ...
First Day After the Ceasefire Comes Into Effect
This is Beirut 2024-11-27 08:25 - Reading : 4 minute(s)
Nawaf Salam Ceasefire Hezbollah Lebanese Army United Nations
The ceasefire between Israel and Hezbollah took effect at dawn on Wednesday after a night of extreme violence. In the city of Beirut, hit by bombardments and calls to evacuate, panicked residents “took refuge” in “safe” areas, while some spent the night in the open air in a desolate spectacle showing the result of ...
America’s Heartfelt Gift to Notre-Dame
This is Beirut 2024-11-26 14:00 - Reading : 3 minute(s)
Paris France History Notre-Dame
Americans have shown an outpouring of support for the restoration of Paris's Notre-Dame Cathedral, donating millions of dollars in the wake of the devastating 2019 fire that threatened to destroy the iconic structure. With contributions ranging from small gifts of $10 to major pledges of $10 million, U.S. donors have been pivotal in the rebuilding ...
Who Is Mohammad Haidar, Alleged Target of Basta Strikes?
This is Beirut 2024-11-23 12:25 - Reading : 2 minute(s)
Nawaf Salam Baalbeck Hezbollah USA
At dawn on Saturday, the Israeli army carried out a series of strikes against the Basta area, and more specifically against a building where, according to unconfirmed reports, Hezbollah's head of operations, Mohammad Haidar, was staying. While some sources mention the names of the group's Secretary General, Naim Qassem, and the head of the ...
Hochstein’s Tour: Key Issues in US Proposed Ceasefire Deal Remain Unresolved
This is Beirut 2024-11-22 18:00 - Reading : 3 minute(s)
Nawaf Salam Amos Hochstein Hezbollah Lebanese Army Ceasefire
US Presidential envoy Amos Hochstein wrapped up his regional tour on Friday, aimed at promoting an American proposal for a ceasefire in Lebanon, leaving Tel Aviv without issuing any public statements after his meetings. Israeli officials also remained tight-lipped, even as the Israeli military escalated its raids and advanced further into Lebanese ...