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When the IMF’s Agenda Takes Over Decision-Making, Depositors Foot the Bill
This is Beirut 2025-11-19 15:15 - Reading : 3 minute(s)
A cautiously tense meeting brought together Finance Minister Yassine Jaber and a delegation from the Association of Banks in Lebanon (ABL), dedicated to discussing the points related to the Financial Gap Law. The talks focused on how the banks, the Lebanese state, and the Central Bank would handle the existing gap and on reassessing the banks’ ...
US Politician Accused of Stealing $5 mn in Disaster Funds
This is Beirut 2025-11-20 09:40 - Reading : less than a minute
Democrats USA Sheila Cherfilus-McCormick Politician
US prosecutors on Wednesday said a Florida politician has been indicted on allegations she stole $5 million in federal disaster funds and used the money to finance her 2021 campaign. Congresswoman Sheila Cherfilus-McCormick, a Democrat elected from south Florida, is accused of teaming up with her brother and others to keep a $5 million ...
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 ...
Young Lebanese Man Fatally Shot at Palestinian Checkpoint in Shatila Camp
This is Beirut 2025-10-27 13:20 - Reading : 1 minute(s)
Elio Ernesto Abu Hanna, a young chemistry graduate, died on Sunday from injuries sustained after being shot by Palestinian gunmen at a checkpoint at the entrance of the Shatila refugee camp in Beirut, an area where armed factions continue to operate outside the control of the Lebanese state. According to relatives and friends, Abu Hanna was ...
'Gloomy Sunday,' the So-Called 'Suicide Song'
Bélinda Ibrahim 2025-09-12 19:00 - Reading : 3 minute(s)
Gloomy Sunday Song Suicide Story Culture Music
It is rare for a song to inspire as much fascination, dread and myth as “Gloomy Sunday.” Written in the depths of the Great Depression by Hungarian musician Rezső Seress, this melancholy waltz has carried with it for nearly a century a trail of persistent rumors: branded the “suicide song,” it was allegedly banned from airwaves and ...
Justice Department Pushes Prosecutors to Investigate Soros Foundation
This is Beirut 2025-09-26 15:41 - Reading : 3 minute(s)
United States Department of Justice Donald Trump Open Society
In a move hailed by supporters as a long-overdue step toward accountability, the U.S. Justice Department has directed federal prosecutors across several jurisdictions to begin preparing investigations into the Open Society Foundations, the powerful global network funded by billionaire financier George Soros. The directive, circulated by a senior ...
US Restricts Movement of Iranian Delegation at UNGA
This is Beirut 2025-09-23 11:45 - Reading : 1 minute(s)
USA New York Tehran United Nations United States
The United States announced new measures on Tuesday to restrict the movement of the Iranian regime’s delegation attending the United Nations General Assembly (UNGA) in New York, reinforcing its maximum pressure strategy on Tehran. The State Department said the restrictions will prevent Iranian officials from accessing wholesale clubs, luxury ...
Beyond Hamas: Gaza’s Emerging Tribal Militias
Mario Chartouni 2025-09-23 19:30 - Reading : 5 minute(s)
Hamas Palestine Benjamin Netanyahu Fatah Clan
In a landscape ravaged by nearly two years of war between Israel and Hamas, local figures are stepping in to fill the void left by the weakening of the Palestinian movement in Gaza. In Kizan al-Najjar, a depopulated village south of Khan Younes in the southern enclave, Hossam al-Astal, a former Palestinian Authority officer, has announced the ...
Washington Lifts Broad Sanctions on Syria but Maintains Pressure on Assad Allies
This is Beirut 2025-09-25 09:55 - Reading : 1 minute(s)
State department United States Sanctions Syria Bachar el-Assad
The US Department of the Treasury has announced a sweeping overhaul of its sanctions' regime targeting Syria. In a statement released Wednesday, the Office of Foreign Assets Control (OFAC) announced the publication of a final rule amending the regulations on sanctions related to Syria. This update, which implements two presidential executive ...
The United Nations: A Global Stage Without Teeth
Salam El Zaatari 2025-09-25 10:00 - Reading : 5 minute(s)
When Donald Trump addressed the UN General Assembly yesterday, his words reignited an old debate: Is the United Nations an effective institution for peace and security, or merely a costly theater where leaders posture? Trump called the UN “obsolete,” echoing his long-standing skepticism about multilateral organizations. But behind the bluster ...
The Devastating Cost of Hezbollah's Support War
This is Beirut 2025-09-25 11:40 - Reading : 3 minute(s)
Nawaf Salam Ceasefire Hezbollah Lebanese Army
As Israeli strikes continue in Lebanon against Hezbollah targets, the human and material toll grows heavier. The cost of the “war of support” for Hamas, which Hezbollah dragged Lebanon into, is staggering: more than 5,000 dead, hundreds of thousands displaced, and economic losses estimated at over $14 billion. A return to calm remains ...
Rebuilding to Restore Control? Hezbollah’s $3 Billion Gamble
Natasha Metni Torbey 2025-09-25 15:00 - Reading : 5 minute(s)
Nawaf Salam Lebanon Hezbollah Hassan Nasrallah
Three billion dollars. That is the amount estimated by Hezbollah for the reconstruction of war-torn areas through its Waad project and the Jihad al-Bina association. Yet such a figure immediately raises questions. The group is widely believed to be strapped for cash—squeezed by US sanctions and by a land, air and sea blockade meant to choke off ...
Ancient Chinese Skull Challenges Human Evolution Timeline
This is Beirut 2025-09-26 11:20 - Reading : 3 minute(s)
A digital reconstruction of a million-year-old skull suggests humans may have diverged from our ancient ancestors 400,000 years earlier than thought and in Asia, not Africa, a study said Friday. The findings are based on a reconstruction of a crushed skull discovered in China in 1990, and have the potential to resolve the longstanding "Muddle in ...
Twelve Nations to Back Cash-Strapped Palestinian Authority
This is Beirut 2025-09-26 23:15 - Reading : 2 minute(s)
Nawaf Salam Palestine Palestinian Authority Gaza
Twelve countries including Britain, France, Japan, Saudi Arabia and Spain on Friday announced a new coalition to financially support the cash-strapped Palestinian Authority as Israel withholds its tax revenues. The Emergency Coalition for the Financial Sustainability of the Palestinian Authority "was established in response to the urgent and ...
Salam Orders Strict Ban on Use of Public Spaces Without Prior Authorization
This is Beirut 2025-09-22 18:40 - Reading : 1 minute(s)
Lebanon Hezbollah Nawaf Salam Hassan Nasrallah Hashem Safieddine
Prime Minister Nawaf Salam announced on Monday that he issued an administrative circular banning the use of public spaces without prior authorization from the relevant authorities. “I have instructed all government departments, public institutions, municipalities and municipal unions to strictly enforce the laws regulating the use of public ...
Information: A Fundamental Right in the Digital Age
Sana Richa Choucair 2025-09-28 15:00 - Reading : 4 minute(s)
On September 28, 2025, the International Day for Universal Access to Information (IDUAI) celebrates its tenth anniversary, proclaimed by UNESCO. This year, UNESCO and the Philippine government are hosting a global conference in Manila on September 29–30, under the theme “Ensuring Access to Environmental Information in the Digital Age.” The ...
Inkript's Bold Exploitation of Citizens: A Scandal Exposed
Karine al-Kassis 2025-09-29 15:00 - Reading : 7 minute(s)
Inkript is one of the most blatant examples of how a public institution can be hijacked and transformed into a private revenue stream. The company entered the Vehicle Registration Authority – al-Nafaa – under the banner of “digital progress and modernization.” But it did not stop at controlling the system; it also reached directly into the ...
BDL Leads Financial Recovery and Reassures Depositors
Liliane Mokbel 2025-09-29 19:05 - Reading : 3 minute(s)
Lebanon Central Bank of Lebanon Banks International Monetary Fund economy deposits BDL
At a luncheon debate hosted by the École supérieure des affaires (ESA), Karim Souhaid, the Governor of Lebanon’s Central Bank (BDL), presented his assessment of the country’s economic situation – “slowly but surely moving in the right direction” – to around 40 members of the Mouvement des entreprises de France (MEDEF), currently on ...
Hezbollah's Raoucheh Message: Overthrowing Salam, Overturning the State
Philippe Abi-Akl 2025-09-30 08:30 - Reading : 5 minute(s)
Lebanon Hezbollah Hassan Nasrallah Joseph Aoun Nawaf Salam Raouche rock
The uprising of Hezbollah’s “parallel state” against the rule of law dominated Lebanese discussions over the weekend, with sovereigntist forces seeing it as another May 7-style move against Prime Minister Nawaf Salam: a potential coup and a shift from coexistence to confrontation. As local appeasements failed to contain the fallout from ...
Philippine Quake Toll Rises to 72 as Search Winds Down
This is Beirut 2025-10-02 09:24 - Reading : 3 minute(s)
Philippines Bantayan Cebu Earthquake
The death toll from a powerful earthquake in the central Philippines rose to 72 on Thursday, officials said, as the search for the missing wound down and rescuers turned their focus to the hundreds injured and thousands left homeless. The bodies of the three victims were pulled from the rubble of a collapsed hotel overnight Wednesday in the city ...
The Cartel of School Tuitions: How Lebanon’s Middle Class Is Being Crushed
Salam El Zaatari 2025-10-02 11:00 - Reading : 5 minute(s)
Today in Lebanon, the biggest mafia is not only in politics. It’s in education. Private school owners, especially the so-called “Catholic” and “Islamic” institutions that claim to serve God, have turned into a cartel, worshiping only the dollar. Their business model is not about forming the next generation of Lebanese geniuses, but ...
The IMF’s Lebanon Framework: Balancing State Debt with Depositor Rights
This is Beirut 2025-10-02 11:50 - Reading : 9 minute(s)
Lebanon IMF Central Bank Banks Depositors
As Lebanon faces multiple challenges with economic and financial recovery from the country’s 2019 economic collapse, two interconnected issues remain particularly controversial: recovering the money of Lebanese who lost access to their bank deposits and holding those responsible for squandering their money ...
When Art Becomes a Safe Haven
Christiane Tager 2025-10-03 10:30 - Reading : 2 minute(s)
Lebanon New York economy art investment
In an uncertain economic landscape, art is no longer just about decorating walls. For some, it represents a financial refuge where value can literally skyrocket in just a few years. A canvas like Pablo Picasso’s Les Femmes d’Alger (Version ‘O’) sold for more than $179 million, while Jean-Michel Basquiat’s Untitled (1982) fetched $110 ...
Cabinet Approves 2026 Budget Without Salary Adjustments
This is Beirut 2025-09-22 21:05 - Reading : 1 minute(s)
Lebanon Budget Cabinet Taxes Salaries Government
The Council of Ministers approved the draft 2026 state budget Monday evening, with officials emphasizing fiscal discipline, revenue compliance and accountability. Information Minister Paul Morcos stated that the budget includes no new broad-based taxes, relying instead on stricter enforcement of existing laws and improved revenue estimation. One ...
Trump and Musk Sit Side-By-Side, Months After Messy Split
This is Beirut 2025-09-22 09:20 - Reading : 1 minute(s)
Donald Trump sat side-by-side with billionaire Elon Musk, a once trusted advisor with whom the US president had a spectacular public falling out, at a memorial event for right-wing leader Charlie Kirk on Sunday. Trump chatted in a manner that appeared friendly with Musk, who once led the Republican's so-called "Department of Government ...
What Are These Drones Hovering Over Europe?
Mario Chartouni 2025-10-03 17:30 - Reading : 3 minute(s)
European Union Ukraine Russia Drones Denmark Norway Poland
Munich Airport suspended operations for several hours on Friday after reports of unidentified drones. Seventeen flights were canceled, about 15 were diverted, and nearly 3,000 passengers were affected. Authorities could not determine the size or type of the drones, but the incident disrupted one of Europe’s busiest hubs and reignited concerns ...
Inside the Hunt for the Suspect in Charlie Kirk's Killing
This is Beirut 2025-09-17 10:20 - Reading : 5 minute(s)
Charlie Kirk Tyler Robinson Utah University Murder
Authorities have shared their most detailed account yet of the investigation set off by the killing of American conservative activist Charlie Kirk, which concluded with a suspect surrendering to police. Here are key details Utah County prosecutor Jeffrey Gray released about the case centering on 22-year-old suspect Tyler Robinson: 'Sniper ...
US, Saudi, UAE, Egypt Call for Sudan Truce, Transition to Civilian Rule
This is Beirut 2025-09-13 05:35 - Reading : 3 minute(s)
Sudan Egypt Saudi Arabia United States
The United States, Saudi Arabia, the United Arab Emirates and Egypt called on Friday for a three-month humanitarian truce in Sudan, to be followed by a permanent ceasefire and a nine-month transition towards civilian rule. In a joint statement issued by the US State Department, the four countries said the transition should "meet the ...
110,000 Turn Out for Far-Right Rally in London
This is Beirut 2025-09-13 18:25 - Reading : 4 minute(s)
More than 100,000 people massed Saturday in central London for a march and rally organized by far-right activist Tommy Robinson, as anti-racism campaigners held a smaller counter-protest. Huge crowds, many draped in English and British flags, gathered through the morning just south of Westminster for what Robinson, a veteran of UK far-right ...
Trump Cautions Israel After Qatar Attack
This is Beirut 2025-09-15 05:15 - Reading : 1 minute(s)
Nawaf Salam Donald Trump United States Qatar
Days after Israel attacked Qatar in an airstrike targeting Hamas leaders, US President Donald Trump made careful remarks Sunday as Washington's two powerful Middle Eastern allies face a worsening rift. "Qatar has been a very great ally. Israel and everyone else, we have to be careful. When we attack people we have to be careful," ...