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Financial Gap Law: Farewell to a Lifetime’s Savings… Where Is Karim Souhaid?
This is Beirut 2025-12-20 15:55 - Reading : 6 minute(s)
Nawaf Salam Lebanon Banks Banque du Liban Gap Law
The draft Financial Gap Law, also known as the Financial Regularization Law, is set to be discussed at the Cabinet table on Monday. Prime Minister Nawaf Salam has praised the project, presenting it as the first comprehensive legal framework to recover deposits and address the financial gap in a systematic and fair manner, within available means, ...
Gap Law: Nawaf Salam and the IMF, Architects of a Legalized Spoliation
This is Beirut 2025-12-20 16:05 - Reading : 4 minute(s)
By claiming on Monday a commitment to “deliver justice to depositors,” Prime Minister Nawaf Salam did more than distort reality: with the active backing of the International Monetary Fund (IMF), he sealed one of the greatest financial and moral abdications in Lebanon’s history. The Gap Law, presented as a lifesaving legal framework, is in ...
Gap Law: How the Lebanese State Erases Its Responsibility
This is Beirut 2025-12-20 18:05 - Reading : 5 minute(s)
Banks Lebanon Economy Gap Law IMF
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 ...
The Law of Financial “Massacre”: When Nawaf Salam and “Kulluna Irada” Strip Depositors of Their Savings
Eleonore Stephan for Huna Lubnan 2025-12-21 09:05 - Reading : 3 minute(s)
At one of the darkest moments in Lebanon’s national life, Prime Minister Nawaf Salam is promoting a so-called “financial gap law” as a technical solution, while in reality it legalizes suffering and formalizes the confiscation of Lebanese citizens’ savings. The so-called “Kulluna Irada” law does not merely steal money; it also ...
Gap Law: The Programmed Destruction of the Banking Sector
This is Beirut 2025-12-21 15:05 - Reading : 5 minute(s)
Lebanon Economy Banks BDL Gap Law
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 ...
The IMF Sets an Example Through Lebanese Depositors: Unpacking One the Most Dangerous Laws in the Country’s History
This is Beirut 2025-12-21 15:40 - Reading : 6 minute(s)
Lebanon Banque du Liban International Monetary Fund economy banking system banks
What the government presented as the ‘Financial Gap Law’ is not merely a piece of financial legislation; it is a text that lays the foundations for the post-adoption economic order. It does not conceal its objective but states it calmly: ending a crisis that has lasted for years instead of resolving it, writing off deposits instead of ...
Hezbollah Allegedly Strengthens Hold on Beirut Port Amid Disarmament Doubts
Michael al-Andary 2025-12-22 13:25 - Reading : 3 minute(s)
Beirut Port Hezbollah Nawaf Salam Beirut International Airport Lebanese Army Israel United States
Despite the Lebanese cabinet’s move to impose a firm deadline for the disarmament of militias, developments on the ground point to a “lack of seriousness” in enforcing the decision against Hezbollah, a security source told This is Beirut on condition of anonymity, questioning whether the government’s commitment is backed by concrete ...
Trump Warns Iran: “Massive Armada” Headed Your Way
This is Beirut 28/01 14:20 - Reading : 1 minute(s)
President Donald Trump issued a stark warning to Iran on Wednesday on his Truth Social account, saying a large U.S. naval force is en route and urging Tehran to negotiate a deal to halt its nuclear ambitions. Trump described the deployment as an “Armada” moving quickly toward Iran, and emphasized the fleet’s power and ...
Trump Warns Iran of Consequences if Diplomacy Fails
This is Beirut 03/02 10:40 - Reading : 4 minute(s)
Israel USA Trump Iran Netanyahu NuclearDeal
The United States and Iran are set to resume nuclear talks on Friday in Turkey, officials from both sides told Reuters, as President Donald Trump warned that “bad things” would likely happen if negotiations fail, with U.S. warships moving closer to Iran amid heightened regional tensions. U.S. Special Envoy Steve Witkoff and Iranian Foreign ...
Washington and Tehran Disagree on the Status of Negotiations
This is Beirut 23/03 17:55 - Reading : 3 minute(s)
Trump Iran USA Israel USIranWar
U.S. President Donald Trump said on Monday that Washington and “representatives” from Tehran had held “very good and productive conversations” over the past two days, and he had subsequently instructed the Department of Defense to postpone military strikes on Iranian power plants for five days—emphasizing that current ...
Israeli Military Says Missiles Launched from Iran towards Israel
This is Beirut 11/03 04:15 - Reading : 2 minute(s)
Israel Lebanon Bahrain Middle East USA
Israel's military said Wednesday that it detected multiple salvoes of missiles heading towards the country from Iran and had activated air defences, as it pressed a "wave" of strikes against Iran and Lebanon. "A short while ago, the IDF identified missiles launched from Iran toward the territory of the State of Israel. ...
Trump: U.S. Sank Nine Iranian Naval Ships as Embassy in Beirut Announces Monday Closure
This is Beirut 01/03 20:25 - Reading : 2 minute(s)
Iran USA Trump USEmbassy Beirut RegionalWar
U.S. President Donald Trump announced Sunday that American forces had destroyed and sunk nine Iranian naval vessels in what he described as a major escalation in ongoing military operations against Iran. In a post published on his official social media account, Trump said: “I have just been informed that we have destroyed and sunk 9 ...
Trump Says Largest Strikes on Iran Still to Come as War Expands Across Region
This is Beirut 03/03 06:25 - Reading : 3 minute(s)
USA Israel Iran Gulf Trump Netanyahu RegionalWar
“We haven’t even started hitting them hard. The big wave hasn’t even happened. The big one is coming soon.” That was U.S. President Donald Trump’s warning Monday as the U.S.-Israeli war against Iran entered its third day, signaling that the most intense phase of the campaign may still lie ahead. Trump outlined an expanded set of war ...
The Israel-Hezbollah Front Enters its Fifth Day
This is Beirut 06/03 19:35 - Reading : 4 minute(s)
Israel Lebanon Hezbollah Strikes
Following a steady stream of air raids overnight, Israeli forces continue to strike targets in Lebanon through Friday. Israel’s overnight strikes targeted Hezbollah military infrastructure, command control sites, the Executive Council headquarters, and a drone storage facility, according to the Israeli army. Strikes Continue into the ...
Lebanese Should Not Despair
David Hale 07/03 21:10 - Reading : 4 minute(s)
Lebanon Ceasefire Donald Trump Hezbollah Middle East
Once again, Iran and its proxy, Hezbollah, have dragged Lebanon into a war. Once again, Hezbollah has shown that its loyalty is to its paymaster in Tehran, not to the Lebanese people or state, whose well-being and security are matters of indifference to them. Once again, Hezbollah's practice of using human shields to protect its facilities and ...
Iran Launches Missiles as Khamenei's Son Takes Charge
This is Beirut 09/03 09:55 - Reading : 4 minute(s)
Donald Trump Benjamin Netanyahu USA Bahrain Gulf
Iran fired missiles at Israel and Gulf nations early Monday after the Islamic republic named Mojtaba Khamenei its new leader to succeed his late father despite threats by the United States and Israel to target him next. Nine days after US-Israeli strikes killed Ayatollah Ali Khamenei and plunged the Middle East into war, Iranian clerics picked ...
Trump Says Decision to End Iran War Will Be “Mutual” With Netanyahu
This is Beirut 09/03 10:40 - Reading : 3 minute(s)
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U.S. President Donald Trump said the decision on when to end the ongoing war with Iran will ultimately be made in coordination with Israeli Prime Minister Benjamin Netanyahu, while emphasizing that the final call will rest with the United States. In a phone interview with The Times of Israel published Sunday, Trump described the decision-making ...
Iran War Sends Oil Price Soaring
This is Beirut 09/03 14:50 - Reading : 4 minute(s)
Donald Trump Emmanuel Macron Benjamin Netanyahu USA Lebanon
Global energy markets surged Monday as the war involving Iran, the United States and Israel entered its tenth day, pushing oil prices above $100 per barrel and triggering sharp declines in global equity markets amid fears of supply disruptions across the Middle East. The spike in prices came as Iran marked the appointment of Ayatollah Mojtaba ...
Hormuz Alternative Oil Routes Inadequate to Cope with Demand
This is Beirut 16/03 16:15 - Reading : 4 minute(s)
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Iran's threats against oil tankers transiting the Strait of Hormuz -- a chokepoint through which some 20 percent of global exports pass in peacetime -- has forced countries in the region to seek alternative routes. But analysts warn those routes are not yet sufficient to deal fully with global oil demand. "Saudi Arabia and the UAE can reroute ...
Gulf Countries to Hold Video Meeting on Iran Attacks Sunday: Two Diplomats
This is Beirut 01/03 15:05 - Reading : 1 minute(s)
Gulf countries will convene Sunday evening to discuss a unified response to Iran's attacks, two Gulf diplomats said, as Tehran presses on with a second day of strikes after US and Israeli attacks killed its supreme leader. "It will be an online meeting of GCC foreign ministers due to the airport closures," a Gulf diplomat told AFP, ...
Three Lebanese Soldiers Killed by Israeli Strikes in Southern Lebanon
This is Beirut 17/03 10:40 - Reading : 3 minute(s)
Lebanon Israel LAF Hezbollah Iran War USA
The Lebanese Armed Forces (LAF) announced on Tuesday that one of its soldiers was killed, and four were wounded, after an Israeli strike struck a military vehicle in southern Lebanon, marking the first direct hit on the national army since this round of fighting began on March 2. According to an official statement published by the Lebanese Army ...
Lebanon Begins Repatriation of Syrian Prisoners
This is Beirut 17/03 12:45 - Reading : 4 minute(s)
Lebanon Syria Al-Sharaa Roumieh HumanRights
Lebanon began releasing Syrian detainees from Roumieh prison on Tuesday as part of a bilateral agreement to deport them back to Syria, marking the first concrete implementation of a long-debated repatriation process that carries significant political, judicial, and diplomatic implications. The process remains partial and fragile. The move, ...
Israel Continues to Expand Attacks on Hezbollah-Linked Sites in Lebanon
This is Beirut 18/03 18:05 - Reading : 2 minute(s)
Israel has increased its pressure on Hezbollah’s economic infrastructure in Lebanon as it broadens its attacks in southern Lebanon and the Beirut area. Following Hezbollah’s launching of its “Operation Khaybar 1” on Tuesday, launching over 60 missiles across Israel, the Israeli army has increased its focus on ...
Qatar Declares Iranian Attaches Non Grata, Calls Out 'Direct Threats' to its National Security
This is Beirut 18/03 22:10 - Reading : 1 minute(s)
Qatar Iran Israel United States
On Wednesday, the Qatari Foreign Ministry declared the Iranian embassy’s military and security attaches as persona non grata due to Iran’s repeated attacks on the country. Qatar also said that Iranian attacks on its main gas facility situated on its north coast were a "direct threat to its national security". "Qatar ...
Bessent Says "Starting to See Defections" in Iranian Regime
This is Beirut 19/03 16:35 - Reading : 1 minute(s)
Treasury Secretary Scott Bessent claimed major defections were occuring within the Iranian regime, following increasing economic pressure on Iranian officials, saying, “the regime is in collapse, and the people are starting to turn against them.” Speaking to Fox News Thursday, Bessent said, "we're starting to see defections ...
After the War: Why Lebanon's Shia Must Be Freed from Tehran
Marwan El Amine 20/03 12:20 - Reading : 3 minute(s)
Lebanon Tehran Donald Trump Hezbollah Israel
Unlike the June 2025 conflict, the current U.S.-Israeli military campaign against the Iranian regime is poised to reshape the region, with significant consequences for Tehran’s proxies, foremost among them Hezbollah. The fates of Iran and Hezbollah have become defining questions of the regional war. Hezbollah did not hesitate to open a front ...
UAE Dismantles 'Terrorist Network' Linked to Hezbollah
This is Beirut 20/03 12:50 - Reading : 2 minute(s)
United Arab Emirates Hezbollah Lebanon Gulf Israel
United Arab Emirates security authorities announced on Friday that they had dismantled a “terrorist network” allegedly funded and operated by Lebanon’s Hezbollah and backed by Iran. Officials said the network, operating under a fake commercial cover, was involved in money laundering, financing terrorism, and threatening national ...
Iranian Missiles Sow Panic, Destruction in Israeli Towns
This is Beirut 22/03 07:10 - Reading : 3 minute(s)
Benjamin Netanyahu Banks Israel Middle East United States
Sheltering from an Iranian missile attack on his town in southern Israel on Saturday, 17-year-old Ido Franky heard "terrifying" blasts like nothing he had experienced before. An Iranian missile hit Franky's town of Arad, hours after another struck Dimona -- home to a nuclear facility -- wounding dozens and leaving entire apartment ...
Iranian Missile Strike Hits Israel, Killing at Least Nine
This is Beirut 01/03 16:30 - Reading : 2 minute(s)
At least nine people were killed and more than 20 injured after an Iranian missile struck the city of Beit Shemesh near Jerusalem on Sunday, in what Israeli authorities described as one of the deadliest single impacts since the war began. Emergency services confirmed that 23 people were wounded, several of them in critical condition, while ...
Celebrations Reported Across Iran and the Diaspora After Khamenei's Killing
This is Beirut 01/03 11:30 - Reading : 2 minute(s)
Videos shared by anti-regime activist accounts show people in Iran celebrating in the streets overnight after the announcement of the death of Supreme Leader Ayatollah Ali Khamenei. Footage from social media showed people lighting off fireworks from their balconies and calling out to each other from their apartments. Other videos shared on social ...