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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 ...

Israel Strikes Beirut’s Southern Suburbs for First Time Since Ceasefire

Israel carried out a strike Wednesday night on Beirut’s southern suburbs, marking the first attack on the Dahiyeh since the ceasefire that came into effect on April 17 and was later extended under U.S.-backed mediation efforts. The strike targeted a senior commander in Hezbollah’s elite Radwan force, according to a joint statement issued by ...

Iran Fires 'Warning Shots' as U.S. Navy Says Its Ships Entered Gulf Via Hormuz

Iran's navy fired 'warning shots' at U.S. warships in the Strait of Hormuz on Monday, state media said, after the American military sent cruisers into the Gulf as part of a plan to help trapped commercial vessels leave. Earlier, U.S. President Donald Trump had announced a plan to guide ships from neutral countries out of the Gulf, saying it was a ...

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 ...

Berri Navigates Lebanon’s Ceasefire Opening

A fragile U.S.-brokered ceasefire has opened a narrow political window for Lebanon, with Parliament Speaker Nabih Berri’s stance on the talks evolving amid diplomatic contacts with Saudi Arabia. The latest came in a phone call with Saudi Foreign Minister Faisal bin Farhan Al Saud hours before a second round of talks with Israel on ...

Hezbollah Resumes Attacks After Short Lull, Report Says

After a brief lull in fire following the April 8 ceasefire with Iran, Hezbollah has resumed attacks on Israeli territory, according to an assessment by the Alma Research and Education Center. According to the report, a total of 1,310 Hezbollah attack waves targeting Israel have been recorded since March 2, with an average of around 30 attacks per ...

Israel Strikes South of Beirut as Hezbollah Launches Rockets at Israel

Two Israeli strikes on Wednesday hit vehicles south of Beirut, state media reported, while Hezbollah launched rockets at Israel, soon after Lebanon and Israel agreed to continue holding direct talks.  The Israeli military also renewed its call for residents of a swathe of southern Lebanon to leave as it continues to bomb the area. Despite its ...

10-Day Ceasefire on Lebanon-Israel Front Takes Effect

At 5pm EST on Thursday, a ceasefire agreement between Israel and Lebanon, mediated by the United States, went into effect. Immediately following its start, intense gunfire has been reported in Beirut’s southern suburbs and the Bekaa Valley, according to Lebanese media. Earlier on Thursday, U.S. President Donald Trump announced on Truth ...

UN Peacekeeper Killed in Southern Lebanon Attack, France Points to Hezbollah

France on Saturday accused Hezbollah of being behind a deadly attack on United Nations peacekeepers in southern Lebanon after a French soldier was killed and three others wounded in what the UN described as a “deliberate attack.” French President Emmanuel Macron said that “everything points to Hezbollah being responsible,” ...

Iran Says Final Deal Still Far Off as Hormuz Strait Shuttered

The strategic Strait of Hormuz was again closed on Sunday in the stand-off between Iran and the United States, with Iran's powerful parliament speaker signalling a final peace deal remained "far" off despite some movement in negotiations. As mediation efforts continued following high-level talks in Pakistan that failed to reach a deal, Iran said ...

Israel Says to Use 'Full Force' in Lebanon Despite Truce if Soldiers Face Threat

Israeli Defense Minister Israel Katz said Sunday that the military had been instructed to use "full force" in Lebanon—even during the ongoing ceasefire—should Israeli troops face any threat. Under the U.S.-brokered 10-day ceasefire, Israel agreed to halt “offensive” military operations against Lebanese targets ...

Lebanese President Says Aiming to End Hostilities With Israel Talks

Lebanese President Joseph Aoun said Monday that planned talks with Israel aim to end hostilities and the occupation in southern Lebanon, even as Hezbollah and its supporters rejected the negotiations. Iran-backed militant group Hezbollah has sharply criticised the Lebanese government's negotiations with Israel, which are set to enter a second ...

Israel Says Applying Diplomatic, Military Pressure to Disarm Hezbollah

Israeli Defense Minister Israel Katz said Tuesday that his country's campaign in Lebanon relied on both military and diplomatic pressure to disarm Iran-allied Hezbollah. "The overarching goal of the campaign in Lebanon is to disarm Hezbollah and remove the threat to the northern communities (of Israel), through a combination of military and ...

Israeli Strike on Lebanon's Bekaa Kills One

An Israeli strike on Lebanon's Bekaa region killed one person and wounded two others on Wednesday, Lebanese state media reported, despite an ongoing truce between Israel and Iran-backed Hezbollah. "One person was killed and two others were wounded as a result of an attack carried out by an enemy drone at dawn on the outskirts of Al-Jabur in West ...

Iran Says Won't Reopen Hormuz as Long as U.S. Blockade Remains

Iran's vow not to reopen the Strait of Hormuz -- so long as a U.S. naval blockade remained in place -- was held into Thursday despite a ceasefire extension, as the Gulf nation announced the seizure of two ships trying to cross the strategic waterway. U.S. Central Command (CENTCOM) said late Wednesday that it had also "directed 31 vessels ...

UN Peacekeeper Dies Weeks After Injury in Southern Lebanon

The United Nations Interim Force in Lebanon (UNIFIL) on Friday announced the death of an Indonesian peacekeeper who was critically injured last month following a projectile explosion at a UN position in southern Lebanon, bringing the number of peacekeepers killed in the war to six. Corporal Rico Pramudia, 31, succumbed to his injuries on 24 April ...

U.S. Treasury Secretary Scott Bessent: “We Are Strangling the Regime”

U.S. Treasury Secretary Scott Bessent stated on Sunday that Washington has intensified its crackdown on all entities attempting to financially support Iran’s Islamic Revolutionary Guard Corps (IRGC). He stressed that the United States is “strangling the Iranian regime” economically, claiming that Tehran is now struggling to pay its ...

Lebanon Says Israel Strikes Kill 14 in Deadliest day Since Truce

Lebanon's health ministry said Israeli strikes on the country's south on Sunday killed 14 people, the deadliest day since a ceasefire in the Israel-Hezbollah war came into force over a week ago. It came as Israel and the Iran-backed group traded fresh accusations of breaching the fragile truce, with Prime Minister Benjamin Netanyahu saying the ...

If Boycotting Israel Requires a Law, Is It Truly Popular?

Hezbollah and its global Intifada allies claim that the overwhelming majority of Lebanese, Arabs, and people of conscience view Israel as pure evil, a cancer to be eradicated. Yet if this hatred is truly so deep and universal, why does Lebanon still need to enforce its heavy-handed law boycotting Israel? The statute criminalizes any contact with ...

Israeli Army Strikes Bekaa Valley as Targets Expand

The Israeli military said it was “currently striking Hezbollah infrastructure in the Bekaa Valley” on Monday, marking the first time since the Israel–Lebanon ceasefire began that it has hit targets outside southern Lebanon.  Like the south, the Hermel and Baalbeck areas of the eastern Bekaa Valley are predominantly Shia areas and a ...

Israeli Army Issues New Evacuations, Destroys Hezbollah Tunnels

The Israeli Defense Forces issued new evacuation orders Tuesday on sixteen towns northwest of the Israeli forward defense zone, saying Hezbollah violations had necessitated “forceful” action. Later, following alerts to northern Israeli towns, the IDF destroyed two underground tunnels in Qantara, southern Lebanon, detonating over 450 ...

IDF Unveils New Counter-Drone Measures in Classified Knesset Session

In a classified follow-up session held this week at the Knesset, representatives of the Israeli military presented a series of operational measures aimed at addressing the growing threat posed by unmanned aerial vehicles, particularly advanced drone systems that have challenged existing defenses. The details, first reported by Galei Tzahal, the ...

Trump Warns Iran Better 'Get Smart Soon' and Accept Nuclear Deal

President Donald Trump warned Tehran on Wednesday that it should "get smart soon" and capitulate to Washington's demands for tight controls on its nuclear programme, as a US naval blockade turned the screws on Iran's economy. Pentagon chief Pete Hegseth was due to testify before Congress later in the day, but US press reports ...