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Gap Law: When the State Organizes Its Disengagement at the Expense of Depositors

Under the guise of structural reforms demanded by the International Monetary Fund (IMF), the “Gap Law” currently being prepared in Lebanon is raising growing concern. Presented as a technical tool designed to bridge the country’s massive financial shortfall, this law is now seen by many experts as a mechanism allowing the state to evade its ...

Israeli Media: Trump Gives Netanyahu ‘Green Light’ for War Against Hezbollah

Israel’s public broadcaster reported Wednesday that Prime Minister Benjamin Netanyahu told senior ministers he had received an American “green light” to carry out a military operation in Lebanon, amid a sharp uptick in Israeli strikes and renewed diplomatic pressure on Beirut to accelerate steps aimed at curbing Hezbollah’s ...

Deposits at Risk: Gap Law Shifts Burden on Depositors and Banks; State Off the Hook

The fate of depositors’ funds lies at the heart of Lebanon’s financial crisis. It is not merely a matter of figures or balance sheets; it directly affects the lives of thousands of families and undermines the country’s overall economic stability. Amid the ongoing financial collapse and the sharp erosion of the national currency’s ...

Gap Law: How the Lebanese State Erases Its Responsibility

Every financial crisis raises a central question: who should bear the losses? In a liberal economy grounded in responsibility, the answer is clear: those who decided, spent, borrowed, and ultimately failed. The Gap Law, however, offers a radically opposite answer. It methodically organizes the erasure of the Lebanese state’s responsibility and ...

Gap Law: A Legalized Expropriation of Deposits

Wrapped in the technical language of financial restructuring, the Gap Law is presented as a necessary step to correct the imbalance of Lebanon’s banking system. Behind this rhetoric lies a far more serious reality: the legalization of a massive expropriation of bank deposits, in blatant disregard of property rights, legal certainty, and the very ...

Gap Law: The Programmed Destruction of the Banking Sector

Presented as a restructuring measure, the Gap Law organizes a methodical liquidation of the Lebanese banking sector. Behind complex technical mechanisms—loss hierarchy, balance-sheet cleanup, recapitalization—lies a clear political choice: to sacrifice banks to settle a public crisis that the state refuses to assume. This text does not reform ...

Lebanon Signs Deal to Purchase Natural Gas from Egypt

Lebanon said Monday it plans to purchase natural gas from Egypt, seeking to reduce its reliance on fuel oil for its ageing power plants in a country hamstrung by regular electricity cuts. The electricity sector has cost Lebanon more than $40 billion since the end of its 1975-1990 civil war, and successive governments have failed to reduce losses, ...

After the Vote: Exposing the Gap Law’s Broken Promises

Lebanon’s cabinet on December 19 approved one of the most controversial pieces of legislation since the country’s financial collapse in 2019, adopting the so-called “Gap Law” in a narrow vote that has reignited public anger and raised serious concerns among economists, legal experts, and international observers. Backed by 13 ministers ...

Lebanon Could Face ‘Indirect but Serious’ Fallout from Venezuela, Warns Senior Official

A senior Lebanese official, speaking on condition of anonymity, said the fallout from Venezuela could have “indirect but serious consequences” for Lebanon, particularly if pressure on Iran intensifies, according to Nidaa Al-Watan.  “The collapse or weakening of this axis does not stop at one country,” the official stated. “If Iran is ...

Trump, Maduro, and Iran

America's dramatic capture of Venezuelan dictator Nicolas Maduro has set the stage for the conduct of America's national security strategy in 2026.  It has also raised questions. Was it legal?  Judging from precedents set with the 1990 capture, trial, conviction, and imprisonment of Panamanian strongman Manuel Noriega, the ...

Brigitte Bardot’s Last Goodbye: Actress and Activist Laid to Rest

Well-wishers lined the streets in Brigitte Bardot's hometown of Saint-Tropez on Wednesday for the funeral of the French screen icon, who was buried in a seaside cemetery after dying last month of cancer. A day of commemorations for the renowned animal rights activist began with a Catholic service at the Notre-Dame de l'Assomption ...

Leavitt Says U.S. Talks with 'More Rational' Iranians are Ongoing

White House Press Secretary Karoline Leavitt spoke on the status of U.S. operations in Iran in a press conference on Monday She said that talks with Iranians are ongoing and making good progress. Remnants of the regime are inclined to negotiate. The U.S. is currently speaking with “more rational” Iranians to reach an ...

The WhatsApp War: How Hezbollah Manufactures Reality

In Lebanon today, the battlefield is no longer confined to the south; it has also moved to WhatsApp, where closed, encrypted groups spread information without scrutiny, and most importantly, without accountability. This is where Hezbollah has quietly built one of its most effective influence machines—not on television, where narratives can be ...

Iran Announces Discovery of Major Gold Deposit

Iran has announced the discovery of a major gold deposit at one of the country's biggest mines for the precious metal, local media reported Monday. The new vein structure was found at the privately owned Shadan gold mine in the eastern province of South Khorasan, which Fars news agency described as "among the country's most important." The ...

A 'Maestro' Tale of Love and Art

Maestro, released in 2023 and produced by Martin Scorsese and Steven Spielberg, alongside Bradley Cooper, Steven Spielberg, Kristie Macosko Krieger, Fred Berner et Amy Durning, delves into the biography of Leonard Bernstein, confronting the scandals of his era while eschewing moral judgment. The film, directed, co-written (alongside Josh Singer), ...

Big City Lights and the Magic of New York

The Christmas season in New York City embodies a uniquely enchanting atmosphere, marked by dazzling lights and captivating decorations. This period is particularly significant in American culture, a fact evidenced by the exuberant manner in which residents decorate their homes. As New York City gets ready for New Year's Eve and wraps up the ...

'Home for Christmas' Play Extended at Le Monnot Theater

The Bouffons present Home for Christmas, a family show in French featuring Cynthya Karam at Le Monnot theater. Written and directed by Bruno Tabbal, the play, initially performed on December 9, 10, 16, 17, 21, 22, 23 at 4:30 PM, has been extended with additional shows on December 21, 29 and 30. The audience is captivated by beautiful Christmas ...

Crafting Tradition: The Artistic Journey of Michele Buonincontro

  In the heart of Napoli, where the echoes of ancient artistry blend with the vibrant thrum of modern life, lies the Bottega of Michele Buonincontro. This workshop is not just a mere store; it’s a living, vivid embodiment of Neapolitan craftsmanship. Michele Buonincontro’s Bottega, nestled in the heart of Napoli at San Gregorio ...

Acclaimed 'Parasite' Actor Lee Sun-kyun Found Dead in Seoul

South Korean actor Lee Sun-kyun, globally renowned for his significant role in the 2020 multiple Oscar-winning film Parasite, was tragically found dead in Seoul this Wednesday. This incident comes two months after the initiation of an investigation into alleged drug use, a serious charge in a country with particularly stringent drug laws. The ...

Juliette Elamine: A Poignant French-Speaking Lebanese Pen

Juliette Elamine, a French-Lebanese author, released her latest work titled Les enfants de la vie (The Children of Life) in October 2023, published by Sterenn Editions. In Paris, she continues her book signing tours, captivating an audience eager for culture and stories. Blending a rich mix of human values from the Francophone world with a deeply ...

Artistic Encounter With Ivan and Allan Debs

  Combining visual communication, advertising, brand identity and design, the artistic style of brothers Ivan and Allan Debs is notably unique. Gifted and humble, Ivan and Allan Debs have a significant artistic voice. They define themselves as “two hearts, two minds, one vision, one universe.” These multifaceted artists have united ...

Illuminating the World: Times Square's Festive Scenes

This December, an impressive event unfolded in New York City's Times Square, captivating the attention of its countless visitors. The iconic billboards, usually an advertising display, turned into colossal praise for the initial story of Christmas. The makeover of Times Square is an essential part of the Light the World initiative. The Light ...

French Icon Alain Delon Battling Health Challenges

The renowned French cinema legend Alain Delon, now aged 88, is reportedly in a fragile state of health, a fact that his son, Anthony Delon, recently discussed in an interview with Paris Match. This revelation sparked concern about Delon's well-being, particularly after a photograph from a Christmas Eve dinner was released, showing the actor, who ...

Starry Poetic Dance at the Musée d'Orsay

The pinnacle of dance manifests itself at the Musée d'Orsay on each month's inaugural Thursday, materializing majestically within the grandeur of the salle des fêtes. The meticulously crafted choreography, a brainchild of Benjamin Millepied and Solène du Haÿs Mascré, vivifies the museum's space on January 11, February 1 and March 7, starting ...

Houda Kassatly: ‘All my Work is Light’

On Sunday, December 17, 2023, the Alice Mogabgab Gallery in Beirut was the venue for the unveiling of "Beyrouth, de verre et de couleurs," (Beirut, of glass and colors) a seminal work by Houda Kassatly. This 260-page tome, published by Éditions Al Ayn, delves into the use of colored glass in the historic homes of Beirut. Capturing images both ...

The 'Rideau' Rises… Maria Douaihy Is Back on Stage

Rideau (Curtain) is a French adaptation by Walid Yaziji of a play originally written in Lebanese by Maria Douaihy and directed by Bruno Tabbal. The play will be performed at Le Monnot theater starting January 18. Bruno Tabbal and Maria Douaihy share their excitement about their project, Rideau, coming to life on stage. Bruno Tabbal begins ...

Unveiling Lisa Marie Presley's Posthumous Autobiography

In a noteworthy development in the literary world, the posthumous autobiography of Lisa Marie Presley, the sole progeny of the iconic American rock 'n' roll figure, Elvis Presley, is slated for release in October. This announcement was made by her daughter, alongside the publishers, on a date that nearly coincides with the first anniversary of her ...

Denmark's King Frederik X Takes Throne Ushering in New Era

Denmark's King Frederik X acceded to the throne on Sunday, ushering in a new era after his mother Queen Margrethe abdicated, with more than 100,000 Danes turning out for the unprecedented event. After a final horse-drawn carriage procession through the streets of Copenhagen, the hugely popular 83-year-old queen signed a declaration of abdication ...

'Back to Black:' Relating Amy Winehouse’s Backstage Struggles

Back to Black is an upcoming drama film about the renowned singer Amy Winehouse, soon to be released in cinemas. The film chronicles the life and musical journey of Amy Winehouse, from adolescence to adulthood, and the creation of one of the best-selling albums of our time. Back to Black is a musical drama directed by Sam Taylor-Johnson. It ...

From Lebanon to the Vatican… Church Bells Ringing for St Charbel

In a day of holiness and prayer, Lebanon's bells echoed joyfully from Lebanon to the Vatican in honor of Saint Charbel on Friday morning. Worshipers gathered in prayer around the Saint Charbel Annaya church and places of worship across Lebanon, as Church bells rang for 5 minutes at 10:30 Beirut time, simultaneously with the installation of a ...