This is Beirut 14/03 08:30 - Reading : 4 minute(s)
Demands for accountability from Kulluna Irada have intensified over its actions in recent years, particularly since the 2019 financial crisis. This includes the decision by former Prime Minister Hassane Diab's government to declare Lebanon bankrupt, its failure to repay debts, and its role in destabilizing the country's monetary and financial ...
Maurice Matta 13/03 22:40 - Reading : 3 minute(s)
International Monetary Fund Banks Joseph Aoun Banque du Liban Washington
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 21:22 - Reading : 3 minute(s)
Qatar has begun funding gas supplies to Syria from Jordan, state media in the Gulf state reported Thursday, as Damascus's new leadership seeks economic relief for the war-torn country. "Qatar has started today providing... natural gas supplies to the Syrian Arab Republic through the territories of the Hashemite Kingdom of Jordan," ...
Christiane Tager 13/03 21:10 - Reading : 2 minute(s)
After years of economic hardship, Lebanese citizens are finally beginning to see the possibility of replacing their vehicle or purchasing one for the first time. Auto loans, previously halted due to the devaluation of the Lebanese pound, banking restrictions and the financial crisis, are now being offered again, though in a very limited capacity ...
This is Beirut 13/03 15:00 - Reading : 2 minute(s)
Donald Trump European Union United States France Tariffs
US President Donald Trump on Thursday threatened to impose 200-percent tariffs on wine, champagne and other alcoholic products from France and other European Union countries in retaliation against the bloc's planned levies on US-produced whiskey. "If this tariff is not removed immediately, the U.S. will shortly place a 200% Tariff on all wines, ...
This is Beirut 13/03 14:00 - Reading : 1 minute(s)
Global oil demand growth is set to accelerate this year but the escalating trade war launched by US President Donald Trump threatens to disrupt the market, the International Energy Agency said Thursday. The IEA noted that crude prices dropped in February and early March as concerns grew about the impact of trade tensions on the global economy and ...
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 20:30 - Reading : 5 minute(s)
Lebanese authorities announced the resumption of negotiations with the International Monetary Fund (IMF) to reach a final agreement that would grant the country loans while advancing its reform agenda. Talks between the Lebanese government and the IMF began on Wednesday, aiming for a staff-level agreement as a step toward broader negotiations to ...
This is Beirut 12/03 19:35 - Reading : 4 minute(s)
Ukraine USA Donald Trump European Union Banks
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 17:25 - Reading : 3 minute(s)
Donald Trump Republicans United Arab Emirates United States USA
US President Donald Trump announced massive new tariffs on Canadian steel and aluminum Tuesday, while threatening to "shut down" its auto industry and saying the best way to end the trade war was for Washington's ally to be absorbed into the United States. Trump's shock new threats came hours before a midnight deadline for ramping up the ...
This is Beirut 10/03 17:10 - Reading : 2 minute(s)
US Secretary of State USA Marco Rubio USAID
Secretary of State Marco Rubio said Monday the United States was cancelling 83 percent of programs at USAID, as the Trump administration guts spending not aligned with its "America First" agenda. The US Agency for International Development (USAID) distributes humanitarian aid around the world, with health and emergency programs in around 120 ...