This is Beirut

Gold Falls Again as Rally Comes to Halt, Asian Markets Drop

This is Beirut, 22/10 09:35 - Reading : 4 minute(s)

Donald Trump dollar Washington New York China Xi Jinping

Gold and silver tumbled for a second day Wednesday, bringing a rally in the precious metals to a juddering halt, while equities also sank after US President Donald Trump remarked that a meeting with Chinese counterpart Xi Jinping might not take place. Bullion has seen an eye-watering run-up since the turn of the year, helping it climb more than ...

Banks: Khalaf Sees 2026 as a Key Year for Crisis Resolution

This is Beirut, 02/10 16:00 - Reading : 2 minute(s)

Banque du Liban Lebanon budget dollar

The Secretary General of the Association of Banks in Lebanon (ABL), Fadi Khalaf, believes that 2026 could mark the beginning of implementing definitive solutions and relaunching the banking sector on a stronger footing. This milestone, he argues, would also allow depositors to recover their rights and help restore confidence in financial ...

Another Record High: Gold Shines Brighter Than Ever

This is Beirut, 29/09 14:00 - Reading : less than a minute

Gold Investments Dollar Washington Beijing

Gold continues to break records. The price per ounce (31.1 g) rose 1.3% on Monday, reaching $3,809, its highest level ever. The precious metal has surged 45% since the start of the year and nearly 130% over three years, outperforming most other investments. Several factors drive this gold rush: geopolitical uncertainties, from Russia’s invasion ...

Dollar Wavers, Global Economy on Edge

Christiane Tager, 22/08 21:00 - Reading : 2 minute(s)

Donald Trump Europe USA White House dollar

The dollar has reigned as the undisputed king of currencies since World War Two, but 2025 began with a sharp decline. In just six months, it lost more than 10% of its value, reaching its weakest level since 1973, according to Morningstar. Erratic trade policies under Donald Trump, coupled with mounting tensions with the Federal Reserve, have left ...

Will Stablecoins Become Everyday Money?

This is Beirut, 30/07 09:55 - Reading : 3 minute(s)

Donald Trump dollar Stablecoin

Stablecoins might not make people into surprise millionaires the way bitcoin did, but these cryptocurrencies are designed to be more useful when it comes to daily life. The GENIUS Act, a regulatory framework recently signed into law by US President Donald Trump, may boost stablecoins, digital currencies with values pegged to a country's ...

Stocks Rise as US-UK Unveil Trade Deal

This is Beirut, 08/05 19:40 - Reading : 3 minute(s)

Paris Donald Trump dollar Washington City

Stock markets mostly rose Thursday as US President Donald Trump unveiled a trade deal with Britain, boosting hopes for other countries' tariff negotiations. After the turbulence sparked by Trump's "Liberation Day" tariffs on April 2, markets have settled in recent weeks on optimism that countries will reach agreements with Washington to avoid his ...

Food Importers Reassure Consumers About Price Stability

This is Beirut, 28/04 15:55 - Reading : 1 minute(s)

dollar Hani Bohsali Food Importers' Union Lebanon Imports prices

As global trade tensions between the United States and China continue to disrupt international markets, the president of the Lebanese Food Importers’ Union, Hani Bohsali, sought on Monday to reassure Lebanese consumers about the stability of food prices. In a statement, Bohsali confirmed that food import prices to Lebanon remain stable despite ...

Nearly 50 Held in Turkey in Probe into Opposition Istanbul Mayor's 'Graft' Case

This is Beirut, 26/04 12:50 - Reading : 2 minute(s)

Istanbul dollar Erdogan Ankara City

Istanbul prosecutors on Saturday said nearly 50 people had been arrested in a probe into the graft case of Istanbul's opposition mayor, whose jailing last month sparked nationwide protests. When Ekrem Imamoglu from the main opposition CHP was arrested on March 19, huge crowds began rallying in protest outside Istanbul City Hall every night, ...

The Dollar Slides, Lebanon Worries

Liliane Mokbel, 19/04 14:50 - Reading : 3 minute(s)

Donald Trump European Union Lebanon Dollar Donald Trump

The US dollar is weakening against major global currencies amid heightened geopolitical tensions and a tariff escalation spearheaded by President Donald Trump. This open trade war is undermining the dollar’s status in global markets. Can the American currency still maintain its dominant role in international trade? The question is especially ...

Dollar, Stocks Hit and Gold Hits Record as Trade War Panic Returns

This is Beirut, 11/04 09:05 - Reading : 4 minute(s)

Donald Trump dollar Washington

The dollar tumbled with most stocks while gold hit a fresh record high as panic gripped markets again on Friday, while China retaliated against Donald Trump's latest tariff blitz against the world's number two economy. The US president's decision to delay crippling duties for 90 days sparked a frenzied scramble for equities that had ...

US Stocks Advance Ahead of Looming Trump Tariffs

This is Beirut, 02/04 19:15 - Reading : 3 minute(s)

Donald Trump United States Dollar Financial Markets

Wall Street stocks rose ahead of US President Donald Trump's fresh wave of tariffs, while European stocks ended the day lower. The dollar was mostly lower, oil prices wobbled, while gold, viewed as a safe-haven investment, came close to achieving a fresh all-time high. After Tokyo's stock market closed up slightly and Chinese indices steadied, ...

Stocks Rally on Hopes of Chinese Stimulus and Tariff Relief

This is Beirut, 05/03 13:05 - Reading : 4 minute(s)

Paris Donald Trump dollar budget Canada

Markets rallied on Wednesday as investors welcomed China's economic targets and a U.S. official signaled that President Donald Trump could dial down tariffs on Canada and Mexico. Global stocks had tumbled on Tuesday after China, Mexico, and Canada retaliated against U.S. tariffs, and fears grew that Europe could be Trump's next target. There was ...

dollar