Economy

Hawk III: A Ship, Fuel, and the Enduring Shadows of Lebanon’s Power Crisis
AnalysisHawk III: A Ship, Fuel, and the Enduring Shadows of Lebanon’s Power Crisis

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, ...

Google says to Invest £5bn in UK Ahead of Trump Visit
Google says to Invest £5bn in UK Ahead of Trump Visit

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 ...

Nvidia says Complies with Law After China Antitrust Finding
Nvidia says Complies with Law After China Antitrust Finding

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 ...

Lebanon: Real Estate Market Tied to Political and Economic Outlook
Lebanon: Real Estate Market Tied to Political and Economic Outlook

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, ...

Back to School in Lebanon Is No Celebration, It’s a Struggle !
Figure of the weekBack to School in Lebanon Is No Celebration, It’s a Struggle !

In Lebanon, the back-to-school season is no longer about fresh notebooks and new backpacks. Instead, it unfolds in the shadow of economic hardship and painful trade-offs. Families, overwhelmed by the ongoing financial crisis, are slashing their spending on school supplies, even as private schools continue to require new textbooks every year, often ...

Lebanon’s Battle for Wheat: Between Aid, Loans and Food Security
Lebanon’s Battle for Wheat: Between Aid, Loans and Food Security

Lebanon, which is already weakened by an unprecedented economic collapse, has for years faced a vital challenge: ensuring steady access to wheat. The destruction of Beirut Port’s silos in the August 4, 2020, explosion laid bare Lebanon’s food insecurity, erasing a vital storage hub and turning every shipment and agreement into a matter of ...

BDL, Lebanon’s Anchor of Trust on the Path to Recovery
BDL, Lebanon’s Anchor of Trust on the Path to Recovery

In a country where figures are often subject to interpretation and fiscal data remains scarce or unreliable, Lebanon’s Central Bank (BDL) seeks to reaffirm its role as a reference point for institutional investors and international markets. It also aims to provide citizens with clear benchmarks to better understand the rationale and direction ...

Emirates to Accept Bitcoin and Ethereum for Airline Tickets in 2026
Emirates to Accept Bitcoin and Ethereum for Airline Tickets in 2026

Emirates announced it will begin accepting Bitcoin and Ethereum for ticket payments starting in 2026, following a strategic partnership with Crypto.com, Reuters reported. The move represents a significant step toward integrating cryptocurrencies into everyday transactions, moving them beyond purely speculative assets. Traditionally, airline ...

Global Oil Supply Hit Record High in August: IEA
Global Oil Supply Hit Record High in August: IEA

Global oil supply hit a record high in August as OPEC+ and other countries ramped up production, with a looming surplus keeping prices in check, the International Energy Agency said Thursday. Eight key members of OPEC+ group, including Saudi Arabia and Russia, have been gradually increasing production since April after restricting output in ...

Lebanese Potatoes: Tubers, Challenges and Export Hopes
Lebanese Potatoes: Tubers, Challenges and Export Hopes

In a country where even bread is becoming a luxury, one might think the potato – king of family meals and star of mezze – is guaranteed a smooth ride. Yet behind every plate of crispy “batata” lies the story of farmers digging the soil… and digging deeper into debt. The Roots of the Problem According to the Ministry of Agriculture, ...

Parliamentary Committee Approves New Banknote Amid Currency Collapse
Parliamentary Committee Approves New Banknote Amid Currency Collapse

The Finance and Budget Committee, chaired by MP Ibrahim Kanaan, approved on Wednesday a legislative amendment authorizing the Central Bank of Lebanon (BDL) to issue new banknotes, including a denomination of LBP 5 million. The move, seen as emblematic of the national currency’s collapse, was justified as a technical step to facilitate daily ...

Bitter Brew: The Soaring Cost of Your Morning Espresso
SpotlightBitter Brew: The Soaring Cost of Your Morning Espresso

Thought your morning espresso was safe? Think again. In 2025, Arabica prices soared nearly 80%, according to Bellwether Coffee, and the rise shows no signs of slowing. The impact is felt by producers, cafés, and consumers alike. In Lebanon, where every price hike stings twice as much, savoring your coffee has become a luxury, with bitterness ...