Dollar Plunges, Stocks Wobble Over Trade War Turmoil

This is Beirut 2025-04-11 19:55 - Reading : 4 minute(s)

Donald Trump Banks New York United Kingdom US Treasury

Investors dumped US government bonds, the dollar tumbled and stocks seesawed Friday, capping a volatile week as President Donald Trump's unpredictable tariff policy rattled market confidence. Trump triggered a massive market sell-off last week by announcing universal tariffs, and this week he sparked a huge but short-lived rally by pausing higher ...

Asian Stocks Rise on Electronics Tariffs Exemption, Gold Hits New High

This is Beirut 2025-04-14 10:20 - Reading : 3 minute(s)

Donald Trump USA New York White House

Asian stocks rose Monday as trade war fears were tempered by Donald Trump's announcement of tariff exemptions for electronics, though the dollar weakened and safe-haven gold hit a fresh record amid fears the relief would be short-lived. After the wild gyrations witnessed last week, markets got off to a relatively stable start following news ...

Stocks Rise on Bank Earnings, Auto Tariff Hopes

This is Beirut 2025-04-15 19:30 - Reading : 3 minute(s)

Donald Trump Banks New York USA Stocks Market

Stock markets rose Tuesday as investors digested strong bank earnings and shares in several auto giants surged over hopes of tariffs relief from US President Donald Trump. Some stability has returned to markets after last week's roller-coaster ride over Trump's stop-start tariff announcements, but uncertainty remains over speculation of new ...

Stocks Fall as US Restricts Nvidia Chip Exports to China

This is Beirut 2025-04-16 21:40 - Reading : 3 minute(s)

USA Donald Trump Europe New York United Kingdom

Wall Street shares fell but European stocks diverged Wednesday after the US government imposed restrictions on exports of a key Nvidia chip to China, the latest trade war salvo between the world's biggest economies. After a relatively peaceful couple of days on markets following tariff-related volatility last week, investors were once again on ...

Gold Hits Record, Dollar Drops as Tariff Fears Dampen Sentiment

This is Beirut 2025-04-21 10:54 - Reading : 5 minute(s)

Donald Trump New York United States USA Washington

Gold prices hit a fresh record on Monday while the dollar weakened further and stocks were mixed amid worries about Donald Trump's tariff blitz and his bubbling row with the Federal Reserve. With several markets still closed for the Easter holiday, business was limited ahead of a week that will see the release of key data that should give an ...

Gold Hits Record above $3,500, Stocks Slip as Trump Fuels Fed Fears

This is Beirut 2025-04-22 10:20 - Reading : 3 minute(s)

Donald Trump Banks New York Republicans USA

Bullion hit another record Tuesday while the dollar steadied and equities mostly fell as Donald Trump's latest salvo against Federal Reserve boss Jerome Powell added fuel to fears about the central bank's independence. With the US tariff blitz still causing ructions on global trading floors, investors are now dealing with the added worry that the ...

Stock Markets Mostly Rise as Investors Eye Trade Talks

This is Beirut 2025-04-28 11:05 - Reading : 3 minute(s)

Donald Trump New York United States US Treasury USA

Stocks mostly rose on Monday as investors assess how the land lies on the trade war front with countries seeking to temper Donald Trump's eye-watering tariffs. Investors were also keeping tabs on China after President Xi Jinping and other top leaders last week discussed plans to boost consumption in the world's number two economy. Markets ...

Stock Markets Edge up as Trump Softens Tariff Pain for Auto Firms

This is Beirut 2025-04-29 16:00 - Reading : 3 minute(s)

Donald Trump Banks US Treasury Stocks markets Economy

Stock markets advanced on Tuesday following news that Donald Trump plans to spare automakers from some of his wide-ranging tariffs, boosting hopes of a less combative approach to his trade war. Signs of easing trade tensions are also spurring sentiment, as governments line up to negotiate deals with Washington to avert the full force of sweeping ...

'Bombshell' OPEC+ Output Hike Hits Oil Price

This is Beirut 2025-05-05 14:34 - Reading : 2 minute(s)

Donald Trump Banks Europe New York Saudi Arabia

Oil prices slumped on Monday after eight OPEC+ members announced a sharp increase in production, while Asian stocks treaded water in thin trade with major markets closed. The output increase of 411,000 barrels a day announced by Saudi Arabia, Russia and six other members of the oil cartel on Saturday added to concerns about over-supply. The ...

Cannes Film Festival 2025's Fashion Police: Do’s and Don’ts

Marie-Christine Tayah 2025-05-20 19:00 - Reading : 2 minute(s)

Fashion Cannes Film Festival France Cannes2025 Culture Glamour

The 2025 edition reasserts the Festival’s fashion authority with a stricter code for gala events. Published just one day before the opening ceremony, it caught publicists, fashion houses, and celebrities by surprise. According to the official site: “For gala screenings at the Grand Théâtre Lumière around 7 PM and 10 PM, formal attire ...

Stocks Up as Fears Ease Over Next Trump Tariffs

This is Beirut 2025-03-25 16:15 - Reading : 3 minute(s)

Donald Trump Europe New York USA Washington

Wall Street clung to strong gains and European stocks rose on Tuesday over easing concerns about the next round of tariffs from US President Donald Trump. The Dow, the broad-based S&P 500 and the tech-heavy Nasdaq were all up around 0.1 percent in early deals, following a rally fuelled by technology stocks the previous day. Sentiment was buoyed ...

Oil Prices Jump on Report of Israel Prepping Iran Strike

This is Beirut 2025-05-21 10:20 - Reading : 3 minute(s)

Nawaf Salam Oil Prices Stocks

Crude prices surged Wednesday following a report that US intelligence suggested Israel was planning a strike on Iranian nuclear facilities, which would send geopolitical tensions into overdrive and fuel regional conflict fears. While safe haven gold pushed almost two percent higher, the news from CNN appeared to be having little detrimental ...

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, ...

European Stocks Sink as Trump Puts EU in Tariff Crosshairs

This is Beirut 2025-05-23 15:55 - Reading : 3 minute(s)

Donald Trump European Union Stock

European stock markets tumbled Friday after US President Donald Trump ended a lull in his trade war as he raised the spectre of hitting imports from the European Union with a massive 50-percent tariff. The Paris CAC 40 index and Frankfurt DAX fell by around three percent at one point, with shares in luxury and car companies taking a hit, before ...

The Iranian Regime of War and Death

Hussain Abdul-Hussain 2025-06-10 09:00 - Reading : 4 minute(s)

Nawaf Salam Lebanon Iran America

When I was in elementary school in Baghdad, in the early 1980s, teachers took us to the streets to shout angry slogans against “Khomeini the Hypocrite” for refusing to end Iran’s war with Iraq. Little did I know that, decades later and well into middle age, I would still be discussing the seemingly endless wars driven by the Islamist ...

'No Indication' of Attack on Underground Section of Iranian Nuclear Site: IAEA

This is Beirut 2025-06-16 13:30 - Reading : 2 minute(s)

Nawaf Salam Natanz nuclear IAEA Iran

The head of the UN nuclear watchdog said Monday there was "no indication of a physical attack" on an underground section of Iran's Natanz uranium enrichment site following Israeli strikes that destroyed the plant's above-ground part. It comes after Israel last week began launching strikes on Iran's nuclear facilities, alleging that that the ...

MEA Adds Extra Flights to Istanbul, Cairo and Milan

This is Beirut 2025-06-16 14:50 - Reading : 1 minute(s)

MEA Flights Istanbul Cairo Baghdad Airspace

Amid a wave of cancellations and delays, Middle East Airlines (MEA) has announced the addition of extra flights to accommodate rising passenger demand. These flights aim to assist travelers affected by recent disruptions and will include routes to Istanbul on June 16 and to Cairo and Milan on June 17. In an official statement released Monday, the ...

Oil Stabilises After Surge, Stocks Drop as Mideast Crisis Fuels Jitters

This is Beirut 2025-06-18 09:50 - Reading : 3 minute(s)

Markets World Oil Price

Oil prices stabilized Wednesday after surging the previous day on fears of a US intervention in the Israel-Iran conflict sparked by Donald Trump calling for Tehran's "unconditional surrender". Iran and Israel exchanged missiles for a sixth day, with the US president's latest comments appearing to dent hopes that the crisis in the Middle East ...

Crude Sinks as Trump Delays Decision on Iran Strike

This is Beirut 2025-06-20 11:40 - Reading : 3 minute(s)

Nawaf Salam Donald Trump Middle East Oil

Oil prices tumbled Friday and equity traders fought to end a volatile week on a positive note after Donald Trump said he would consider over the next two weeks whether to join Israel's attacks on Iran. Speculation had been swirling that Trump would throw his lot in with Israel, but on Thursday he said he would decide "within the next two weeks" ...

Oil Prices Drop as Israel Agrees to Ceasefire Proposal

This is Beirut 2025-06-24 10:40 - Reading : 3 minute(s)

Nawaf Salam Ceasefire Donald Trump Middle East Oil Markets

Oil prices sank more than five percent Tuesday after Israel said it had agreed to US President Donald Trump's proposal for a bilateral ceasefire with Iran. Shares in Asia were buoyant, as fears of an energy market shock eased following 12 days of war between Israel and its arch-foe. London, Paris and Frankfurt also rose at the open. At around ...

Oil Slides, Stocks Rise as Trump Says Iran-Israel Ceasefire Holds

This is Beirut 2025-06-24 17:35 - Reading : 3 minute(s)

United States Donald Trump Oil & Gas China Iran

Oil prices sank and stock markets rose Tuesday as US President Donald Trump said a ceasefire between Iran and Israel was taking hold after he berated both countries for violating the truce. In volatile trading, crude futures slumped more than five percent after Trump announced a ceasefire. "This morning's ceasefire further reduced the perceived ...

Snoop Dogg Joins Swansea City as Co-Owner

This is Beirut 2025-07-18 13:30 - Reading : 2 minute(s)

Music Snoop Dog Culture Art Rap

Snoop Dogg has become co-owner of Championship side Swansea City in an unlikely alliance between the world of rap and football, the Welsh club has announced. The 53-year-old American star joins former Real Madrid stalwart and Croatia World Cup finalist Luka Modrić in the club's ownership structure. Snoop Dogg made a surprise appearance on the ...

August 4: Families Revive Memory With Olive Trees

Bélinda Ibrahim 2025-08-01 18:25 - Reading : 5 minute(s)

Lebanon August 4 Port of Beirut Beirut Blast Olive Trees

When justice falters, memory remains. A memory planted with bare hands into a soil still shaken by anger and silence. For five years, families of August 4, 2020 explosion victims have waited in vain, expecting answers, accountability, and convictions. But waiting led nowhere. So, some have stopped waiting. Not out of vengeance, but to stand their ...

Teacher: A Profession That Shapes Lives

Sana Richa Choucair 2025-10-05 15:00 - Reading : 3 minute(s)

Unesco World Teachers’ Day AI Schools University

Who among us does not remember that one teacher who left a lasting mark, whether at school or university? Did you know that the word teacher goes back to Old English tæcan, meaning “to show, point out, mark”? This Sunday, October 5, we celebrate World Teachers’ Day, established by UNESCO. It is an occasion to reflect on a word tied to an ...

What Next After Iraq's General Election?

This is Beirut 2025-11-11 09:50 - Reading : 3 minute(s)

US Supreme Court Iraq Iran USA

Iraqis head to the polls on Tuesday to elect a new parliament for a four-year term in a vote that will be closely watched in Washington and Tehran. Here is a look at what could come next and what the regional impact could be.  What happens after the vote?  Iraq's Supreme Court must first ratify the election results. Two weeks later, the ...

Robert Bared: Rain as Muse, Paris as the Setting (1/2)

Bélinda Ibrahim 2025-03-29 17:30 - Reading : 8 minute(s)

Paris Rain Photography RobertBared Culture

Paris, the City of Light, is never more captivating than when draped in rain. The streetlamps transform into liquid stars, passersby become dancing silhouettes, and the asphalt becomes a mirror, reflecting and multiplying the world. This is the universe that Robert Bared, a Lebanese-born photographer who has called Paris home since 1975, has ...

Stocks advance on US inflation slowing, Ukraine ceasefire plan

This is Beirut 2025-03-12 19:35 - Reading : 4 minute(s)

Ukraine USA Donald Trump European Union Banks

Stock markets mostly rose on Wednesday on both sides of the Atlantic as investors shrugged off the latest US tariff moves to focus on cooling US inflation and a Ukraine ceasefire plan. Global markets have endured severe swings this month as US President Donald Trump looks to ramp up pressure on global partners by imposing or threatening ...

The Lingering Specter of the Islamic State in Lebanon

Mario Chartouni 2025-06-27 17:30 - Reading : 5 minute(s)

Lebanon ISIS Nahr el-Bared Palestinians Islamists Tripoli Lebanese Army

The Lebanese Army announced on Tuesday the arrest of a man identified as R.F., also known as “Qassoura,” who is believed to be the leader of the Islamic State (ISIS) in Lebanon. The operation, conducted by the Directorate of Intelligence, led to the confiscation of a large cache of weapons, ammunition, electronic devices, and materials used ...

The School Meal Program at the Heart of Discussions Between Halabi and the WFP

This is Beirut 2024-12-03 12:45 - Reading : 1 minute(s)

Nawaf Salam Lebanon Abbas Halabi Education WFP

Caretaker Minister of Education Abbas Halabi thanked the World Food Program (WFP) for their support in providing nutritional assistance to schools.  Minister Halabi also emphasized Lebanon's commitment to education despite the ongoing conflict. Halabi was speaking on Monday during a meeting with Matthew Hollingworth, the Regional Director of ...

Revival of a 2,300-Year Cultural Heritage Site: Old Macedonian Palace

2024-01-08 18:00 - Reading : 2 minute(s)

The ancient Palace of Aigai, the site of Alexander the Great's coronation as the King of Macedonia, has been unveiled to the public this Sunday, January 7, following a 16-year renovation project. This ambitious endeavor, costing 20 million euros, was dedicated to restoring the palace's former magnificence. During a ceremony held on Friday, January ...