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In Lebanon, How to Sort the Gold From the Chaff?

Investing in gold can provide stability and financial security, but price volatility and the risks associated with counterfeit gold coins can complicate matters. It is essential to carefully assess the advantages and disadvantages based on one's financial goals and risk tolerance.

Gold Price: Is a Trend Reversal Pointing in the Horizon?

The fundamental principle of asset diversification remains unshakable despite the speculative fever surrounding a short-term surge in gold prices, with experts predicting a peak of $2,800 per ounce by the end of 2024. Lebanese investors have turned to gold since the onset of the multidimensional crisis in October 2019, even though the yellow ...

Valet Parking Delirium: “Because You’re Worth It”!

Welcome to Lebanon, the land of Cedars and mafias of all kinds! The latest sensation? The parking valet mafia, which adds a certain flair to the already long list of leeches draining us to the bone with unparalleled delicacy. From electricity generators to water tanks, to currency exchangers, all of them, absolutely all, are lining their pockets ...

Bitcoin Nears $100K: Will Trump Boost Crypto?

On Thursday, Bitcoin surged past $98,000, raising its market capitalization to $1.9 trillion. This rally reflects expectations of robust legislative and executive support for the crypto sector, bolstered by Republican victories in the White House and Congress. The cryptocurrency market, including “meme coins” like Dogecoin, continues to surge ...

ŠamaŠ: A Call for Peace Through Art and Music

Originally unveiled in 2017 at the Lebanese Pavilion of the Venice Biennale, ŠamaŠ (pronounced Shamash) seamlessly combines visual art and music. For the first time in France, visitors can experience this extraordinary piece at the IMA in Paris until April 6. Deeply symbolic, the project stems from Zad Moultaka’s profound reflection on ...

U.S.-Iran Ceasefire on Brink as UAE Reports Attacks

A ceasefire between Iran and the United States was teetering Monday as the two countries traded fire over the strategic Strait of Hormuz and the United Arab Emirates reported attacks for the first time since the truce was declared nearly a month ago. A day after President Donald Trump announced an operation to escort trapped vessels through the ...

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 ...

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 ...