This is Beirut - Lebanon

UNRWA in the Crosshairs: U.S. Weighs Unprecedented Sanctions

Amal Chmouny, 10:00 - Reading : 6 minute(s)

United Nations Lebanon Donald Trump Hamas UNRWA

In the shadow of the Gaza conflict, a quiet but consequential debate is unfolding in Washington over whether the U.S. should designate the United Nations Relief and Works Agency (UNRWA) as a terrorist-affiliated entity and impose sweeping sanctions. A move once viewed as unthinkable is now the subject of urgent policy deliberations, with senior ...

Oliver Ojeil: London Fashion Film Festival Winner

Lea Mehanna, 21/12 17:00 - Reading : less than a minute

Lebanon London United Kingdom Culture Arts Fashion Film

On this episode of This Is Arts, film director and fashion photographer Oliver Ojeil talks about winning Best Story at the London Fashion Film Festival, storytelling through fashion photography, his work as a colorist on major productions like The Chosen, and his upcoming project starring L’Oréal ambassador Luma Grothe and Iacopo Ricciotti ...

US Senator Accuses Hamas and Hezbollah of Rearming

This is Beirut, 21/12 16:00 - Reading : 2 minute(s)

Lindsey Graham Hamas Hezbollah Lebanon Israel United States

US Senator Lindsey Graham accused Hamas and Hezbollah of rearming during a visit to Israel on Sunday and charged that the Palestinian Islamist group was also consolidating power in Gaza. After two years of war between Israel and Hamas in the Palestinian territory, a fragile ceasefire has held since October, despite both sides trading accusations ...

The IMF Sets an Example Through Lebanese Depositors: Unpacking One the Most Dangerous Laws in the Country’s History

This is Beirut, 21/12 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 ...

Gap Law: The Programmed Destruction of the Banking Sector

This is Beirut, 21/12 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 ...

Gap Law: A Legalized Expropriation of Deposits

This is Beirut, 21/12 12:05 - Reading : 5 minute(s)

Banks BDL Lebanon Economy Gap Law

Wrapped in the technical language of financial restructuring, the Gap Law is presented as a necessary step to correct the imbalance of Lebanon’s banking system. Behind this rhetoric lies a far more serious reality: the legalization of a massive expropriation of bank deposits, in blatant disregard of property rights, legal certainty, and the very ...

Christmas in South Lebanon: Villages Orphaned of Their Youth

Katia Kahil, 21/12 11:30 - Reading : 5 minute(s)

Lebanon South Lebanon USA Displacement

In the villages of South Lebanon, Christmas flickers like a fragile flame. Despite the ever-present fear and palpable tension, church bells toll and evening gatherings are held. In Alma al-Shaab, Yaroun, Deir Mimas, Khiam, and Marjayoun, garlands and nativity scenes timidly pierce the deserted streets. Once alive with laughter and reunion, these ...

The Law of Financial “Massacre”: When Nawaf Salam and “Kulluna Irada” Strip Depositors of Their Savings

Eleonore Stephan for Huna Lubnan, 21/12 09:05 - Reading : 3 minute(s)

Lebanon IMF Banks BDL Economy

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: How the Lebanese State Erases Its Responsibility

This is Beirut, 20/12 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 ...

Gap Law: Nawaf Salam and the IMF, Architects of a Legalized Spoliation

This is Beirut, 20/12 16:05 - Reading : 4 minute(s)

Lebanon Gap Law Economy Banks

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 ...

Financial Gap Law: Farewell to a Lifetime’s Savings… Where Is Karim Souhaid?

This is Beirut, 20/12 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, ...

The Syndicate of Traders and Importers of Alcoholic Beverages Denounces the Gap Law

This is Beirut, 20/12 14:25 - Reading : 2 minute(s)

Banque du Liban economy Lebanon Banks Gap Law Traders

The Syndicate of Traders and Importers of Alcoholic Beverages issued a statement on Saturday denouncing the Gap Law, which they said shifts the state’s responsibilities onto traders and businesses. “While respecting the draft presented by the Prime Minister concerning financial restructuring and the recovery of deposits, the currently ...

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