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Oil Prices Jump, Stocks Retreat on U.S.-Iran Deadlock
This is Beirut 12/05 14:25 - Reading : 2 minute(s)
USA Iran Oil China Economy USIranWar UK
Oil prices rallied and stock markets fell Tuesday as investors braced for further volatility after talks appeared to stall on ending the war in the Middle East and reopening the Strait of Hormuz to tanker and cargo ship traffic. Iran's chief negotiator said Tuesday that Washington must accept Tehran's latest peace plan or face failure after U.S. ...
Trump to Meet Cabinet at Camp David on Iran
This is Beirut 26/05 18:00 - Reading : 1 minute(s)
Donald Trump Israel Middle East New York Tehran
U.S. President Donald Trump is set to hold a rare cabinet meeting at the Camp David presidential retreat on Wednesday as Iran talks near a critical point, a White House official told AFP. The choice of the secluded retreat in the Maryland mountains -- which Trump hardly ever visits, in a break with previous presidents -- reflects the sensitive ...
J. Aoun Affirms from Paris the Importance of De-escalation in Southern Lebanon
This Is Beirut 2024-04-20 16:47 - Reading : 2 minute(s)
The French Army Chief of Staff, General Thierry Burkhard, met on Friday with Commander-in-Chief of the Lebanese Army, General Joseph Aoun, and Italian Admiral Giuseppe Cavo Dragone. "Following the military honors ceremony, a discussion took place on the regional tensions facing Lebanon," reads a joint statement issued by the three officials on ...
Seized Iranian Ship Likely Carrying Equipment Deemed Dual-Use by Washington
This is Beirut 21/04 10:25 - Reading : 3 minute(s)
Donald Trump Gulf United States Washington
President Donald Trump on Tuesday said U.S. forces intercepted a ship carrying a "gift" to Iran from China as Tehran. The ship had "a gift from China" which "wasn't very nice," Trump told CNBC. "I was a little surprised," he added, saying he thought he had an "understanding" with China's ...
Will Stablecoins Become Everyday Money?
This is Beirut 2025-07-30 09:55 - Reading : 3 minute(s)
Donald Trump dollar Stablecoin
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 ...
Why Stablecoins are Gaining Popularity
This is Beirut 2025-06-18 09:20 - Reading : 3 minute(s)
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 ...
Bulgaria to Get Final Green Light to Adopt Euro in 2026
This is Beirut 2025-07-08 09:15 - Reading : 2 minute(s)
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) ...
Why Silver Is Stealing the Spotlight from Gold
Christiane Tager 2025-07-17 21:45 - Reading : 2 minute(s)
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
Christiane Tager 2025-07-22 10:00 - Reading : 2 minute(s)
Donald Trump US Congress Washington dollars Artificial intelligence
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
This is Beirut 2025-07-24 10:40 - Reading : 4 minute(s)
Donald Trump Scotland Aberdeen Golf
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
Marie-Christine Tayah 2025-07-24 11:00 - Reading : 2 minute(s)
Cleopatra Paris Arab World Institute Exhibition Culture Egypt
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
This is Beirut 2025-07-25 13:15 - Reading : 3 minute(s)
Russia Sanctions EU Crypto Stablecoin
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 ...
Accumulating Bitcoin a Risky Digital Rush by Companies?
This is Beirut 2025-08-08 10:15 - Reading : 3 minute(s)
Donald Trump United States Bitcoin
US President Donald Trump's media group and Tesla, the electric carmaker owned by tech billionaire Elon Musk, are among an increasing number of companies buying huge amounts of bitcoin. The aim? To diversify reserves, counter inflation and attract investors, analysts say. Who also invests? Companies frequently own bitcoin -- the largest ...
Gold in Uncertain Times: Jewelry vs. Bullion
Liliane Mokbel 2025-06-07 15:30 - Reading : 2 minute(s)
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 ...
Pompeii: The City That Survived Its Own End
Bélinda Ibrahim 2025-08-15 18:00 - Reading : 3 minute(s)
Pompeii Italy Vesuvius Archeology
It is hard to imagine Pompeii as anything other than silent stones locked under volcanic dust, a tragic instant frozen in time. Yet recent discoveries overturn that museum-like image: the city did not vanish in a single breath; it lived on in a clandestine and fragile existence beneath its own ashes. Behind cracked walls and half-faded mosaics, ...
Smiling Viking Figurine Discovered After Centuries in Denmark
This is Beirut 2025-08-27 16:00 - Reading : 2 minute(s)
Museum Danemark Culture Art Archeology Heritage
Denmark's National Museum unveiled Wednesday what it described as the first "portrait" of a Viking: a miniature 10th-century figurine depicting a man with an imperial moustache, braided beard and neatly groomed hairstyle. Carved out of ivory walrus tusk, the partially damaged representation of a head and torso measures just three centimeters (1.2 ...
Counterfeit Gold: Arrests and a Practical Guide for Cautious Buyers
Liliane Mokbel 2025-08-27 18:10 - Reading : 3 minute(s)
Lebanon Gold Counterfeirt gold
On August 20 in Jounieh, a sweep by the Internal Security Forces led to the arrest of several members of a network selling counterfeit gold. While the operation highlights the need for vigilance, political, security and economic uncertainty continues to push Lebanese citizens toward the precious metal. But how can one tell a fake ounce from a ...
US Treasury Department Mulls Minting $1 Coin with Trump's Image
This is Beirut 2025-10-03 22:10 - Reading : 1 minute(s)
US Treasury Donald Trump United States Independence Money
The US Treasury Department is considering making a one-dollar coin that features President Donald Trump in order to commemorate the country's 250th independence anniversary, officials said Friday. In a social media post retweeted by Treasury Secretary Scott Bessent, US Treasurer Brandon Beach shared early drafts of the coin. Beach posted "first ...
France to Charge Louvre Heist Suspects with Theft and Conspiracy
This is Beirut 2025-10-29 20:20 - Reading : 3 minute(s)
Two men arrested over the jewel heist at France's Louvre museum this month will be charged with theft and criminal conspiracy, the Paris prosecutor said Wednesday. Dozens of detectives have been on the trail of four thieves who used a cherry-picker truck and cutting gear to break into a first-floor gallery at the world-renowned museum, then fled ...
The Sound of Heritage: Noel Anderson and Ireland’s Last Handmade Harps
This is Beirut 2025-10-30 18:00 - Reading : 4 minute(s)
Music Harp Tradition Ireland Culture
"It's never too late to start a new hobby," says 89-year-old Irish harp maker Noel Anderson, one of only a few making the intricate instrument, a national symbol of Ireland. A retired wood and metalwork teacher, Anderson only took up the niche craft seven years ago, making his first harp at age 82. "It doesn't matter what age I am, really; I ...
Al-Qard al-Hassan’s Gold: Hezbollah’s New Financial Scheme
Natasha Metni Torbey 2025-12-10 14:00 - Reading : 3 minute(s)
Hezbollah Israel Lebanon Al Qard Al Hassan Hezbollah financing
After introducing ATMs, easy-access loans, and clandestine counters scattered throughout the alleys of Beirut’s southern suburbs, al-Qard al-Hassan (AQAH), Hezbollah’s financial arm, has taken its operations a step further: direct gold trading. Gold bars, coins, and jewelry are reportedly now being offered to the Shiite community, turning gold ...
+114% in 2025: Silver Breaks Free and Takes Center Stage
Liliane Mokbel 2025-12-20 14:00 - Reading : 2 minute(s)
Silver has delivered a historic performance in 2025. Since the beginning of the year, the white metal has surged by more than 114 percent, reaching an all-time high of 64 dollars per ounce. For the first time in years, silver is no longer following gold’s lead. Its rise has clearly outpaced gold, whose price has increased by around 60 percent, ...
'Spectacular' Viking Burial Site Found in Denmark, Filled With Rare Treasures
This is Beirut 2025-06-17 14:10 - Reading : 2 minute(s)
Denmark Archaeology Viking Burial Sites Discovery Culture
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 ...
Stocks Track Wall St Sell-Off as US Deficit Fears Grow
This is Beirut 2025-05-22 10:50 - Reading : 5 minute(s)
USA Donald Trump Economy Bitcoin
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, ...
PlayStation: 30 Years of Innovation, Controversy, and Success
Béatrice Moreau 2024-12-01 10:30 - Reading : 5 minute(s)
On December 3, 1994, Sony made a dramatic entry into the world of gaming consoles with the launch of the PlayStation in Japan. This machine, which would be released a few months later in the United States and Europe, was born from a failed collaboration with Nintendo. Humiliated by its partner's sudden decision to side with Philips instead, Sony ...
The Tale of the Christmas Coins
Fady Noun 2024-12-22 09:30 - Reading : 5 minute(s)
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 ...
Egypt-Lebanon Gas Deal: Israeli Gas at the Heart of the Agreement
Claudia Groeling 09/01 12:50 - Reading : 83 minute(s)
Lebanon Benjamin Netanyahu Donald Trump Hezbollah Israel Syria Egypt
Two eastern Mediterranean natural gas deals announced twelve days apart highlight shifting energy dynamics amid dramatic geopolitical transformations in the region, with Lebanon aiming to benefit. On December 17, 2025, Israeli Prime Minister Benjamin Netanyahu announced a $35 billion gas deal with Egypt, describing the agreement as ...
Ancient Greek Artifacts: Athenian Vase's Historic Journey
2023-12-09 10:30 - Reading : 2 minute(s)
Acropolis Museum Athenian Vase
This week, the Acropolis Museum in Athens commenced the display of a remarkable Greek vase, hitherto housed in the British Museum for a quarter of a millennium. This venerable artifact, dating back 2,500 years, is part of a rare loan arrangement. On Tuesday December 5, organizers of the exhibit unveiled this historic piece. Nikolaos Stampolidis, ...
In Lebanon, How to Sort the Gold From the Chaff?
Maroun Chahine 2024-02-25 09:00 - Reading : less than a minute
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?
Liliane Mokbel 2024-05-02 11:22 - Reading : 3 minute(s)
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 ...