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Pope Decries Lack of Political will on Climate Change
This is Beirut 2025-11-18 09:20 - Reading : 2 minute(s)
Climate COP30 UN Brazil Pope Leo XIV
Pope Leo XIV on Monday urged "concrete actions" on climate change and complained that some leaders lacked the will to act, as he addressed religious dignitaries on the sidelines of the COP30 summit. The Vatican released the American pope's address to churches of the southern hemisphere assembled on the sidelines of the UN climate talks in Belem, ...
Climate Talks Run Into Night as COP30 Hosts Seek Breakthrough
This is Beirut 2025-11-18 09:25 - Reading : 4 minute(s)
At COP30 in Brazil on Monday, UN climate talks stretched into the night as negotiators pushed for a rapid compromise among countries deeply divided on key issues. Following a difficult first week, Brazil set a deadline for nations to finalize "a significant part" of the negotiations by Tuesday evening for approval the following day. "It's super ...
Why Normalization with Israel Will Revive Saudi Arabia
Hussain Abdul-Hussain 2025-11-18 10:25 - Reading : 4 minute(s)
Saudi Arabia Israel United States MBS Donald Trump Qatar LAF
Saudi Arabia is rapidly losing regional relevance, with Sunni rivals Qatar and Turkey encroaching on its traditional leadership roles. The Kingdom’s economy remains mired in second gear, unable to transition from oil dependency to a knowledge-based model. Riyadh’s repeated promises of financial windfalls to the U.S. now appear to be ...
Why Is Bitcoin Plunging?
This is Beirut 2025-11-19 09:40 - Reading : 3 minute(s)
Donald Trump United States Bitcoin Value Economy
What Has Caused the Latest Price Drop? Prior to the recent slump, Bitcoin broke a series of record highs in the wake of Donald Trump's return to the White House. The US president came out strongly in favor of cryptocurrencies before his re-election, and has continued to do so. Bitcoin first surpassed $100,000 in May before reaching its latest ...
The Digital Dollar: Hezbollah’s New Financial Weapon
Liliane Mokbel 2025-11-19 13:50 - Reading : 4 minute(s)
Hezbollah Lebanon US Treasury Digital Dollar Cryptocurrency USDT
Hezbollah’s financing continues to raise serious concerns. A clash is unfolding between international law and the militia, which is using multiple strategies to protect its resources. According to several sources, the group has even turned to digital dollars, particularly Tether, to secure its financial survival. Last week, a US Treasury ...
WASL – Sagesse Sinks in Astana and Records its Worst Start
Makram Haddad 2025-11-20 10:20 - Reading : 4 minute(s)
Kazakhstan WASL Sagesse Lebanon Basketball
The night was meant to be historic—just not in the way Sagesse hoped. Under the roof of the Saryarka Velodrome, in front of over 2,400 fired-up fans, BC Astana delivered a perfect home debut in the FIBA WASL–West Asia League. On the other side, the Beirut club, already beaten by Shahrdari Gorgan and Al Riyadi, missed another opportunity and ...
Drug Lord Nouh Zeaiter Arrested by the Lebanese Army
This is Beirut 2025-11-20 17:15 - Reading : 2 minute(s)
Baalbeck Hezbollah Lebanese Army
The Lebanese Army announced on Thursday that it had arrested Nouh Zeaiter, “one of the most dangerous wanted individuals, during an ambush on the Knaisseh–Baalbek road.” The lawyer of Nouh Zeaiter stated, in an interview with Al-Hadath: “My client is wanted on charges of drug distribution and cultivation.” He added: “The information ...
Tech Firms Lead Stock Rout as AI Bubble Fears Linger
This is Beirut 2025-11-21 12:20 - Reading : 3 minute(s)
Banks New York USA Tech AI Bubble
Tech firms led stock losses on Friday as investors struggled to shake off fears about an AI bubble, and after a sell-off on Wall Street sparked by job data dealt a further blow to hopes for a US interest rate cut. A blockbuster earnings report from chip bellwether Nvidia on Wednesday seemed to settle nerves that vast investments in the artificial ...
No Fossil Fuels Plan in Latest Draft Deal from COP30 Presidency
This is Beirut 2025-11-21 13:05 - Reading : 1 minute(s)
COP30 host Brazil unveiled a draft agreement on Friday that does not include a roadmap for phasing out fossil fuels, a key demand by many countries at the climate summit. There is no mention of "fossil fuels" in the latest slimmed-down text proposal, released on the final day of the major UN climate conference in the rainforest city of ...
Lebanon’s F&B Boom Masks Illicit-Economy Risks
Salam El Zaatari 2025-11-22 15:30 - Reading : 6 minute(s)
Lebanon Economy Cash Hezbollah
Lebanon finds itself in a paradox. While its broader economy is collapsing, the food-and-beverage (F&B) sector is showing surprising vitality. It may look like a feel-good tale of resilience, but in fact it reveals one of the greatest structural threats to Lebanon’s recovery: a cash-based economy that undermines transparency, fuels illicit ...
Zeitz MOCAA: Africa Tells Its Story in a Silo Cathedral
Bélinda Ibrahim 2025-11-22 19:00 - Reading : 4 minute(s)
Zeitz MOCAA Africa Museum Culture Cape Town
The offshore winds of Cape Town still carry the memory of the port, the muted echoes of colonial trade, and the vertical dream of a continent gazing toward the horizon. At the far end of the Waterfront in the Silo District, a silent concrete giant, abandoned for decades, has come to life as the Zeitz Museum of Contemporary Art Africa. Entering ...
“Embargo”: When Economics Becomes a Weapon
Sana Richa Choucair 2025-11-23 15:00 - Reading : 3 minute(s)
Hamas United States Houthis Sanction Russia Iran OFAC
On January 1, 2025, the United States tightened its technological embargo on China, doubling tariffs on a wide range of strategic goods, from semiconductors to industrial equipment. Beijing retaliated ten days later with countermeasures targeting American agricultural products, adding a new chapter to the escalating economic confrontation between ...
UAE Gold Imports from Sudan Rose by 70% in 2024 Despite War
This is Beirut 2025-11-04 18:05 - Reading : 2 minute(s)
United Arab Emirates Sudan Gold
The United Arab Emirates (UAE) increased its gold imports from war-stricken Sudan by 70 percent in 2024, a Swiss NGO said on Tuesday, calling the UAE "a global hub for gold of dubious origin." The wealthy oil-producing country imported 29 tonnes of gold from Sudan last year, up from 17 tonnes in 2023, as well as significant quantities ...
US Govt to Become Shareholder in Rare Earths Processing Firm
This is Beirut 2025-11-04 09:20 - Reading : 1 minute(s)
United States Washington Rare Earths Vulcan Elements
The US government will become a shareholder in a startup specializing in rare earth processing, the company announced Monday, as the United States looks to reduce its dependence on China. Vulcan Elements, based in North Carolina, said the US government is to partner with private investors who will inject $550 million into the firm's capital. The ...
Iran Reportedly Transfers Hundreds of Millions to Hezbollah via Dubai
This is Beirut 2025-11-27 22:35 - Reading : 1 minute(s)
Lebanon Hezbollah United States money Iran
Iran has reportedly transferred hundreds of millions of dollars to Hezbollah over the past year via currency exchange offices and private companies in Dubai, raising concerns in the United States, according to a Wall Street Journal article published on Thursday. According to the report, disruptions through traditional smuggling routes in Syria ...
Trump Expects 'Great Meeting' with Xi
This is Beirut 2025-10-29 11:42 - Reading : 4 minute(s)
Donald Trump United States China Trade War Xi Jinping
US President Donald Trump voiced optimism Wednesday for advancing toward major trade deals with Beijing and Seoul, on the eve of crucial talks in South Korea with Chinese leader Xi Jinping. The meeting Thursday might yield a truce in the trade war between the world's top two economies, a possible grand finale to Trump's Asia tour marked ...
Trump Says Increasing Tariffs on Canada by 10 Percent
This is Beirut 2025-10-26 05:25 - Reading : 2 minute(s)
Canada United States Tariff Donald Trump
US President Donald Trump said Saturday he was hiking tariffs on Canadian goods by an additional 10 percent, in the latest fallout over a Canadian anti-tariff ad that featured late US leader Ronald Reagan. The announcement came two days after Trump said he had terminated all trade talks with Canada over what he called the "fake" ad ...
Asian tour: Donald Trump Presents Himself as a Peacemaker
This is Beirut 2025-10-26 13:45 - Reading : less than a minute
The US president, Donald Trump, co-signed a historic ceasefire agreement between Cambodia and Thailand, following deadly clashes earlier this summer. After Kuala Lumpur, Donald Trump continues his tour of Asia. Next stop, Japan, then South Korea, where he hopes to conclude a trade agreement with Chinese President Xi Jinping on Thursday.
'Disarmament:' The Challenge of Peace
Sana Richa Choucair 2025-10-26 15:00 - Reading : 3 minute(s)
Nawaf Salam United Nations Donald Trump Hamas Hezbollah Arms
In this final week of October, the Disarmament Week set by the United Nations resonates with new urgency. On one front, Washington has issued an ultimatum to Hamas to disarm under Donald Trump’s Gaza peace plan. On another, the Lebanese government is under US pressure to disarm Hezbollah, a key Iranian proxy in the region. Tehran remains ...
US and Malaysia Sign Deal to Secure Access to Rare Earths
This is Beirut 2025-10-26 15:00 - Reading : 2 minute(s)
Donald Trump Malaysia United States Rare earths
US President Donald Trump and Malaysian Prime Minister Anwar Ibrahim signed a trade agreement Sunday, boosting US access to critical minerals as China tightens controls on rare earths. Beijing this month announced sweeping restrictions on the rare earths industry, prompting Trump to threaten 100 percent tariffs on imports from China in ...
Venezuela Says Us Military Exercises on Nearby Island a ‘Provocation’
This is Beirut 2025-10-26 18:45 - Reading : 3 minute(s)
Venezuela United States Trinidad and Tobago
Venezuela on Sunday blasted the arrival in nearby Trinidad and Tobago of a US warship as a dangerous "provocation," amid mounting fears of potential attacks against the Venezuelan mainland. The USS Gravely, a guided missile destroyer, docked Sunday in the Trinidadian capital Port of Spain for a four-day visit, which will include joint ...
Top US, India Officials Discuss Ties as Trade Rift Drags on
This is Beirut 2025-10-27 08:55 - Reading : 1 minute(s)
USA US Secretary of State India Asean Diplomacy
US Secretary of State Marco Rubio met with India's foreign minister on Monday, as the two countries push trade talks and ease tensions over Washington's punishing tariffs. Few details were released, but Rubio's meeting with Subrahmanyam Jaishankar is the highest-level contact since the United States imposed sanctions last week on Russian oil ...
Asia Stocks Surge on US-China Trade Deal Breakthrough
This is Beirut 2025-10-27 11:15 - Reading : 3 minute(s)
USA Donald Trump Europe Stocks Markets Tariffs
Asian equities surged Monday as investors cheered a breakthrough in US-China trade talks that set the stage for leaders Donald Trump and Xi Jinping to finalize a deal, averting an escalation in the world's biggest trade dispute. Markets rallied after US Treasury Secretary Scott Bessent said the threat of the US president imposing an additional ...
Trump Says He Won't Meet with Canada 'For a While,'
This is Beirut 2025-10-27 13:45 - Reading : 2 minute(s)
Donald Trump United States Canada Economy
US President Donald Trump said on Monday that he would not meet with Canada "for a while," as Prime Minister Mark Carney offered an olive branch to resume trade talks. Trump announced he would be hiking tariffs on Canadian goods by an additional 10 percent and terminated all trade talks following what he called a "fake" anti-tariff ad campaign ...
German FM Urges 'Fair' Rare Earth, Chip Trade with China
This is Beirut 2025-10-27 18:00 - Reading : 2 minute(s)
German Foreign Minister Johann Wadephul on Monday called for "fair" trade with China in chips and rare earth minerals, amid heightened tensions between China and the European Union. Wadephul, who last week was forced to cancel a planned visit to China, said he plans to speak with Chinese representatives by phone "as soon as possible and ...
Trump in Japan as Hopes Grow for China Trade Deal
This is Beirut 2025-10-27 18:14 - Reading : 4 minute(s)
Donald Trump Japan Malaysia SKorea China NKorea
Donald Trump arrived in Japan on Monday, the next leg of an Asia tour that could see the US president and China's Xi Jinping end their bruising trade war. Speaking on Air Force One, Trump said he was hopeful of a deal when he sees Xi on Thursday in South Korea, while also indicating he was willing to extend his trip in order to meet North Korean ...
Chinese Premier Slams 'Law of the Jungle' in Trade Ahead of Xi-Trump Talks
This is Beirut 2025-10-27 19:15 - Reading : 1 minute(s)
Chinese Premier Li Qiang on Monday denounced "unilateralism" and said the world should not return to "the law of the jungle" when it came to trade, days ahead of talks between Donald Trump and Xi Jinping. His comments, made at a regional summit in Kuala Lumpur, were a clear reference to tariffs imposed by US President Trump on ...
Takaichi, Trump Swap Praise for ‘New Golden Age’ of Ties
This is Beirut 2025-10-28 05:25 - Reading : 5 minute(s)
United States Japan Donald Trump Diplomacy
Japan's new premier Sanae Takaichi lavished US leader Donald Trump with praise and vows of a "golden age of ties" on his visit to Tokyo Tuesday, before inking a deal with Washington aimed at securing critical minerals. Takaichi, Japan's first woman prime minister, lauded Trump's involvement in mediating conflicts and will ...
Syrian Authorities Seize 11 Million Captagon Pills Smuggled from Lebanon
This is Beirut 2025-10-28 10:35 - Reading : less than a minute
Anti-narcotics units in Syria’s Homs province intercepted a vehicle carrying roughly 11 million Captagon pills smuggled from Lebanese territory, the Syrian Interior Ministry announced Tuesday. The shipment was seized in the southern rural area of Homs. Security forces confiscated both the drugs and the vehicle used in the operation. According ...
Mali’s Fuel Crisis: A Nationwide Standstill
Christiane Tager 2025-10-29 10:00 - Reading : 3 minute(s)
Banks International Monetary Fund
Since early September, queues at gas stations in Bamako have been endlessly growing. The jihadist group JNIM (Jamaʿat Nuṣrat al-Islam wal-Muslimin) has blocked fuel convoys from Senegal and Côte d’Ivoire, destroying nearly 100 tanker trucks, according to the Associated Press (AP). As a landlocked country, Mali relies on imports for more ...