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Gold Price: Is a Trend Reversal Pointing in the Horizon?

The fundamental principle of asset diversification remains unshakable despite the speculative fever surrounding a short-term surge in gold prices, with experts predicting a peak of $2,800 per ounce by the end of 2024. Lebanese investors have turned to gold since the onset of the multidimensional crisis in October 2019, even though the yellow ...

The Mummies of Qadisha (1/2)

The Maronite mummies were discovered in the Qadisha Valley on July 13, 1990, by a team of speleologists from the Group for Subterranean Studies and Researches of Lebanon (GERSL). The team included Pierre Abi Aoun, Fadi Baroudi, Antoine Ghaouch and Paul Khawaja. After two years of exploration and excavation in the Assi cave, located in the Hadat ...

Gold Reserves in Lebanon Surge to $2 Billion!

The demand for precious metals in Lebanon continues to grow. According to data from the Economic Studies Center of the Beirut and Mount Lebanon Chamber of Commerce, Industry and Agriculture (CCIAB), imports of precious metals (customs classification) reached $2.572 billion in 2024, marking an increase of $46 million compared to the previous ...

Now a believer, Trump hosts White House crypto summit

Donald Trump on Friday hosts top cryptocurrency players at the White House, a political boost for an industry that has struggled to gain legitimacy -- and where the Republican president faces conflict of interest concerns. US crypto investors were major supporters of Trump's presidential campaign, contributing millions of dollars toward his ...

Trump Tells US Treasury to Stop Minting New Pennies

US President Donald Trump said Sunday he had told the Treasury to stop producing penny coins, presenting it as an effort to cut down on government spending. "For far too long the United States has minted pennies which literally cost us more than 2 cents. This is so wasteful!" Trump wrote on his Truth Social platform. "I have instructed my ...

Trump Launches His Own Cryptocurrency!

It was only a matter of time before Donald Trump had his own cryptocurrency, and now it’s finally here. Just two days before being inaugurated as the 47th president of the United States, Donald Trump launched his personal crypto. Trump has entered the cryptocurrency world with a "meme coin" bearing his likeness. The coin features Trump with a ...

Stylish Christmas Slippers: The Stars of the Traditional Festive Season

Christmas slippers have become a true symbol of the season, reminding us of a cherished tradition that blends history, legend and modernity. Over time, they have undergone a subtle transformation, fusing ancient customs with contemporary tastes. A Tradition Anchored in History The history of Christmas slippers is deeply rooted in the past. Their ...

The Tale of the Christmas Coins

Once upon a time, in a small village nestled in the snow-covered mountains of Lebanon, there lived a group of playful and curious children. This peaceful and friendly village was known for a special tradition that occurred every Christmas: the mysterious “Christmas Coins.” The villagers, gruff yet somewhat mystical, spoke of these ...

ŠamaŠ: A Call for Peace Through Art and Music

Originally unveiled in 2017 at the Lebanese Pavilion of the Venice Biennale, ŠamaŠ (pronounced Shamash) seamlessly combines visual art and music. For the first time in France, visitors can experience this extraordinary piece at the IMA in Paris until April 6. Deeply symbolic, the project stems from Zad Moultaka’s profound reflection on ...

Royal Mint Launches Coins Dedicated to Paul McCartney

The Royal Mint has launched a new collection of £5 coins celebrating Paul McCartney’s exceptional career, highlighting his legacy with The Beatles, Wings, and his solo work. This marks the first time McCartney has been featured on an official UK coin. “It’s a tremendous honor,” McCartney stated, reflecting on his collaboration with the ...

Bitcoin Nears $100K: Will Trump Boost Crypto?

On Thursday, Bitcoin surged past $98,000, raising its market capitalization to $1.9 trillion. This rally reflects expectations of robust legislative and executive support for the crypto sector, bolstered by Republican victories in the White House and Congress. The cryptocurrency market, including “meme coins” like Dogecoin, continues to surge ...

Valet Parking Delirium: “Because You’re Worth It”!

Welcome to Lebanon, the land of Cedars and mafias of all kinds! The latest sensation? The parking valet mafia, which adds a certain flair to the already long list of leeches draining us to the bone with unparalleled delicacy. From electricity generators to water tanks, to currency exchangers, all of them, absolutely all, are lining their pockets ...

In Lebanon, How to Sort the Gold From the Chaff?

Investing in gold can provide stability and financial security, but price volatility and the risks associated with counterfeit gold coins can complicate matters. It is essential to carefully assess the advantages and disadvantages based on one's financial goals and risk tolerance.

Two Airports, Two Realities: Beirut's Airport Under Hezbollah’s Shadow, Qlayaat Under State Control

Public Works and Transport Minister Fayez Rasamny on May 19 announced the opening of bids for the public tender to operate and invest in Lebanon’s northern Rene Mouawad Airport, in a move aimed at reviving a second civilian airport after years of stagnation. The contract was awarded to Sky Lounge Services following a tender process conducted ...

Ancient Greek Artifacts: Athenian Vase's Historic Journey

This week, the Acropolis Museum in Athens commenced the display of a remarkable Greek vase, hitherto housed in the British Museum for a quarter of a millennium. This venerable artifact, dating back 2,500 years, is part of a rare loan arrangement. On Tuesday December 5, organizers of the exhibit unveiled this historic piece. Nikolaos Stampolidis, ...

From Baghdad to Beirut: Sadr’s Break with the Peace Brigades Amid Regional Disarmament Pressure

Muqtada al-Sadr, Iraq’s leading Shiite cleric, announced on Wednesday a complete break between his political movement and its armed wing, Saraya al-Salam, a faction within the Popular Mobilization Forces (PMF), which he said will be integrated into the Iraqi state security apparatus. Al-Sadr called on “the remaining factions in the Popular ...

Israel Seeks To Defeat Hezbollah Again, What Might Be Different this Time?

Facing an increasingly deadly threat from Hezbollah’s first-person view (FPV) drones, Israel is back on the offensive in Lebanon. Since the night of May 25, the Israel Defense Forces have launched large-scale airstrikes across southern Lebanon while pressing ground advances. As Israel once again turns to military force, amid U.S.-Iran talks, the ...

Trump to Meet Cabinet at Camp David on Iran

U.S. President Donald Trump is set to hold a rare cabinet meeting at the Camp David presidential retreat on Wednesday as Iran talks near a critical point, a White House official told AFP. The choice of the secluded retreat in the Maryland mountains -- which Trump hardly ever visits, in a break with previous presidents -- reflects the sensitive ...

Iran Media Says Negotiators Seek $24bn Asset Release in U.S. Deal

Iranian media said Tuesday that Tehran's negotiators were seeking the release of around $24 billion in frozen assets abroad as part of a process aimed at ending the war with the United States. The report by Tasnim news agency came as a top Iranian delegation was in Qatar and after Tehran said it was finalizing a 14-point framework for a deal on ...

Iranian Officials in Qatar for Peace Talks, Frozen Funds

A high-level Iranian delegation that includes the country's top negotiator and central bank chief were in Doha on Monday to discuss an agreement with the U.S. and the release of frozen funds, a source briefed on the matter told AFP. "Iran's Parliament Speaker Mohammad Bagher Ghalibaf and Foreign Minister Abbas Araghchi arrived in Doha earlier ...

Iran Warns Deal With U.S. Not Yet Close, Despite Some Progress

Iran warned Monday that, while some progress had been made, it was not yet close to striking a deal with the United States to end the Middle East war, after a weekend of mixed messages from Washington and Tehran. World oil prices tumbled on renewed optimism about an agreement, after top US diplomat Marco Rubio suggested a deal could be reached ...

U.S. Says Iran Deal Still Possible, as Trump Tempers Expectations

U.S. Secretary of State Marco Rubio said a deal to end the war with Iran could materialize on Monday, as President Donald Trump tempered expectations. The United States and Iran have observed a ceasefire since April 8 while mediators push for a negotiated settlement, although Iran has imposed controls on Gulf shipping and the U.S. has blockaded ...

IDF Chief of Staff Approves Continued Military Plans in Lebanon

As negotiations between the United States and Iran reportedly advance toward a potential breakthrough, Israeli officials are simultaneously signaling that military pressure on Hezbollah will continue unabated.  Israeli Chief of Staff Eyal Zamir approved new operational plans for the continuation of the military campaign on the northern front ...

Rubio Says Iran Talks Show Progress but Key Issues Remain Unresolved

U.S. Secretary of State Marco Rubio on Saturday indicated that diplomatic discussions with Iran remain active, suggesting that developments could emerge within days while reaffirming Washington’s core demands on Tehran’s nuclear program. Speaking during a visit to India, Rubio said that “there might be some news later ...

Louvre Museum Closed as Workers Strike

The Louvre Museum closed its doors to thousands of disappointed visitors on Monday as staff launched a strike to protest working conditions at the Paris landmark, two months after a shocking robbery. Workers are demanding extra staff and measures to tackle overcrowding, adding to the woes of the world's most visited museum just as France is ...

Ortagus in Lebanon: A Low-Profile Visit with a Clear Message

In a region increasingly fraught with tension, U.S. envoy Morgan Ortagus’s visit to Beirut unfolded as part of a diplomatic sequence in which Lebanon once again finds itself on the fault line between war and negotiation. High-Level Meetings Morgan Ortagus began her Lebanese tour on Wednesday with a meeting in Ain al-Tineh with Parliament ...

Ten Years After Paris Attacks, Jihadist Threat Has Evolved

A decade on from deadly attacks in Paris, the world's two most notorious jihadist groups Islamic State (IS) and Al-Qaeda have significantly evolved and their branches still pose a global security threat, especially from Africa, analysts say. With strong central leadership, the groups were once able to train and then send commandos into Europe ...

Defense and Israel at the Heart of MBS’s Washington Visit

The Saudi crown prince, Mohammed bin Salman (MBS), is expected in Washington on Tuesday November 18 for a meeting with United States President Donald Trump. The visit is seen as crucial for the US administration and is meant to revive and broaden the Abraham Accords while strengthening strategic and economic ties between Washington and ...