Christiane Tager 20/09 12:10 - Reading : 3 minute(s)
Lebanon Iraq economy fuel trade
For the first time in a decade, the Lebanese–Iraqi Joint Commission reconvened in Baghdad in September 2025, concluding its second session with the signing of seven accords. These span the economy, industry, transport and justice, including a treaty on prisoner transfers. The move sends a strong political signal and builds on an already pivotal ...
This is Beirut 19/09 20:20 - Reading : 2 minute(s)
Lebanon UNIFIL Cabinet Budget Environment
The Council of Ministers resumed discussions on the 2026 draft budget on Friday, under the chairmanship of Prime Minister Nawaf Salam. Ministers who had not yet reviewed the funds allocated to their portfolios presented their remarks, including the Ministers of Environment and Tourism. Debate also centered on several articles left unresolved in ...
Christiane Tager 19/09 14:39 - Reading : 2 minute(s)
Lebanon economy roads motorcycles traffic
Lebanon’s economic collapse has pushed many to seek cheaper modes of transport than cars. Motorcycles and mopeds, consuming less fuel and offering greater flexibility, quickly became the go-to solution, spreading chaotically across the country’s roads. Numbers speak for themselves: according to the Vehicle Registration Authority (known ...
Liliane Mokbel 18/09 16:20 - Reading : 4 minute(s)
Lebanon economy Indemnities National Social Security Fund retirement
There is no doubt that employees remain the most vulnerable group in the struggle to ensure a dignified retirement. Their end-of-service benefits, intended to preserve part of their purchasing power, have been almost completely eroded by the multidimensional crisis that hit the country at the end of 2019. Employers Plead Powerlessness Employers ...
This is Beirut 18/09 12:55 - Reading : 1 minute(s)
Donald Trump United States Swiss
Swiss exports to the United States fell to their lowest level since 2020 in August when massive US tariffs came into effect, official data showed Thursday. The Alpine country's exports to the United States reached 3.1 billion Swiss francs ($3.9 billion) in August, a 22.1 percent drop from July, customs figures showed. Donald Trump imposed a ...
This is Beirut 17/09 15:45 - Reading : 2 minute(s)
Artificial intelligence could boost the value of global trade by almost 40 percent by 2040 thanks to cost reductions and productivity gains, the World Trade Organization said Wednesday. In its latest annual World Trade Report, the WTO identified AI as one of the few bright spots as the global trading system has been upended by the United States ...
Liliane Mokbel 17/09 10:35 - Reading : 2 minute(s)
Issuing higher-denomination banknotes for the Lebanese pound is simply common sense, given that the largest note currently in circulation is LBP 100,000—worth about USD 1. The others are worth even less: LBP 50,000 (roughly USD 0.50), LBP 20,000, LBP 10,000, and LBP 5,000. Lebanon has been in the grip of a currency collapse for six years, with ...
This is Beirut 16/09 19:40 - Reading : less than a minute
Lebanon economy finance stamps
After months of chronic shortage that fueled frustration and a black market, the Ministry of Finance announced on Tuesday that fiscal stamps of all categories are now available, but only at accredited centers. In a statement, the Ministry of Finance specified that their distribution will be expanded to a larger number of accredited centers as ...
Christiane Tager 16/09 12:00 - Reading : 2 minute(s)
In Lebanon, even a single fuel ship can spiral into a political-judicial drama. Between Friday night and Saturday morning, the Lebanese navy intercepted Hawk III, carrying fuel destined for Électricité du Liban (EDL), as it attempted to evade territorial waters. Behind this incident lies a story of contradictions, suspicion, and opacity, ...
This is Beirut 16/09 09:10 - Reading : 2 minute(s)
Donald Trump United Kingdom USA Google
Google said Tuesday it was investing £5 billion ($6.8 billion) in the UK over the next two years to help power the country's AI drive, ahead of a visit by US President Donald Trump. The funds would go towards the company's "capital expenditure, research and development ... and encompasses Google DeepMind with its pioneering AI research in ...
This is Beirut 16/09 09:05 - Reading : 2 minute(s)
US chip giant Nvidia said Tuesday it follows all laws after a Chinese investigation found it had breached antitrust rules, the latest development in a fierce tech battle between Beijing and Washington. "We comply with the law in all respects," a spokesperson for Nvidia said in a written statement to AFP. "We will continue to cooperate with all ...
Liliane Mokbel 13/09 21:00 - Reading : 2 minute(s)
A study by the Research and Studies Department of Bank Audi, published in September 2025, lays out three scenarios for the next twelve months: a positive scenario with a 55 percent probability, a moderate scenario at 30 percent, and a negative scenario at 15 percent. In a positive scenario, such as the state gaining full control over weapons, ...