This is Beirut, 22/03 11:45 - Reading : 1 minute(s)
Sudan's military said Saturday it seized several key buildings in central Khartoum, including the central bank, from the paramilitary Rapid Support Forces, following its recapture of the presidential palace. "Our forces achieved further success last night, eliminating hundreds of militia members who tried to escape through pockets in central ...
This is Beirut, 21/03 17:35 - Reading : 2 minute(s)
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Prime Minister Nawaf Salam stated on Friday that “there will be no suppression of bank deposits,” and that he would “cross out the term ‘suppression of deposits,’” in a meeting at the Serail with a delegation from the Council of Lebanese Executives in Saudi Arabia. He added that his government’s objective is be to “return” the ...
This is Beirut, 20/03 13:00 - Reading : 3 minute(s)
Major European and Asian stock markets retreated Thursday following a weaker-than-forecast US economic outlook and despite the Federal Reserve trying to calm fears over President Donald Trump's tariffs. Fed boss Jerome Powell on Wednesday suggested that any increase to consumer prices caused by tariffs would likely be short-lived, even as the ...
This is Beirut, 17/03 20:15 - Reading : 3 minute(s)
This is Beirut has reviewed a copy of the document outlining the mechanism set by the Council of Ministers for public appointments. According to Minister of Information Paul Morcos, this document is a preliminary draft that is expected to be finalized and approved by the Cabinet on Thursday. Here are the main points. The process is primarily ...
This is Beirut, 15/03 09:40 - Reading : 2 minute(s)
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Ratings agency Moody's on Friday upgraded Greece's credit rating, pulling the country out of junk territory after its years of struggling to recover from a debt crisis. Along with the ratings elevation from Ba1 to Baa3, Moody's changed its outlook for Greece from positive to stable. The other two major ratings agencies, S&P and ...
This is Beirut, 15/03 08:15 - Reading : 3 minute(s)
On the surface, there is an intention to build a nation based on institutions, transparency and proper governance. However, in reality, Kulluna Irada has become nothing more than a breeding ground for theft, corruption, deception and falsification, all with destructive objectives for the country. The association, which was originally tasked with ...
Maurice Matta, 13/03 22:40 - Reading : 3 minute(s)
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Finance Minister Yassine Jaber made reassuring remarks regarding negotiations with the International Monetary Fund (IMF) following an extensive meeting held at the Ministry of Finance with the IMF mission. During the meeting, Jaber affirmed that the elimination or partial deduction of bank deposits is a sovereign and national decision, ...
This is Beirut, 13/03 09:25 - Reading : 3 minute(s)
Kulluna Irada is an organization that claims to uphold the law, pursue corrupt individuals, and fight corruption in the name of good governance and reform. However, in practice, the activities of Kulluna Irada violate both the law and the objectives for which the organization was granted official recognition by the Ministry of Interior and ...
This is Beirut, 12/03 19:35 - Reading : 4 minute(s)
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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 ...
Christiane Tager, 12/03 09:30 - Reading : 2 minute(s)
The Housing Bank (BDH) is set to dramatically increase its loans, raising the amount from $50,000 to $100,000 with support from the Qatari Development Fund. BDH President Antoine Habib confirmed to This is Beirut that “the bank will soon offer $100,000 housing loans to low and middle-income individuals, as well as those with special needs, with ...
This is Beirut, 11/03 14:35 - Reading : 2 minute(s)
The Israeli military said its forces shot dead three Palestinian militants during an operation in the occupied West Bank on Tuesday, while Palestinian sources reported a woman killed. During a raid in the areas of Qabatiya and Jenin, Israeli forces "encountered several armed terrorists who had barricaded themselves inside a structure in Jenin," ...
Élie-Joe Kamel, 10/03 22:30 - Reading : 3 minute(s)
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A significant blow to Iran came on March 8, when the United States decided not to renew the waiver that allowed Iraq to import electricity from Iran, despite sanctions imposed on Tehran. Since 2018, Baghdad had benefited from this exemption, which covered nearly a third of its energy needs, despite the country’s considerable oil potential, which ...