This is Beirut

Foreign Competition Chokes Lebanese Agriculture

Christiane Tager, 10/10 11:30 - Reading : 4 minute(s)

Lebanon economy agriculture poultry market exports

With fields overflowing and fridges full, Lebanon’s potato and poultry producers are pleading with the government: curb chaotic imports, reopen land exports to Arab markets and guarantee fair prices to ensure their survival. The situation is both serious and absurd. In the agricultural sector, the talk is no longer about the weather but about ...

Lebanon’s Gold Market: Fast Profits and the Risk of Disillusionment

Liliane Mokbel, 02/10 13:35 - Reading : 2 minute(s)

gold lebanon market

The country’s gold market has entered a phase of sharp volatility. Against the backdrop of a prolonged crisis, transactions are picking up in both directions: some are selling jewelry and bullion to lock in immediate gains, while others are rushing to buy the yellow metal, long regarded as the ultimate safe haven. This contradictory dynamic ...

Gold Hits New Record High as Investors Flee Risk, Asia Stocks Slide

This is Beirut, 03/09 08:40 - Reading : 1 minute(s)

Donald Trump Banks Market Gold

Asia markets were down on Wednesday while gold extended its six-day rally after reaching a record high as investors sought safe havens following a selloff in equity and bond markets. Bullion for immediate delivery hit a fresh record as Asia markets opened, climbing 0.4 percent to hit $3,546.96 an ounce. Prices have risen five percent over the ...

Art Market Banking on New Generation of Collectors

This is Beirut, 23/06 12:45 - Reading : 3 minute(s)

Art Basel 2025 Switzerland Market Luxury Art Culture

The global art market is not immune to current economic and geopolitical tensions and is counting on a new generation of collectors to revitalize the momentum. Some big transactions were concluded last week during Art Basel, the world's top contemporary art fair, notably by London's Annely Juda Fine Art gallery, which sold a David Hockney ...

Stocks Rise on Bank Earnings, Auto Tariff Hopes

This is Beirut, 15/04 19:30 - Reading : 3 minute(s)

Donald Trump Banks New York USA Stocks Market

Stock markets rose Tuesday as investors digested strong bank earnings and shares in several auto giants surged over hopes of tariffs relief from US President Donald Trump. Some stability has returned to markets after last week's roller-coaster ride over Trump's stop-start tariff announcements, but uncertainty remains over speculation of new ...

Trump Says no One 'Off the Hook' on Tariffs but Markets Rise

This is Beirut, 14/04 11:48 - Reading : 4 minute(s)

United States Donald Trump China Market Tariffs

Markets on Monday welcomed a US tariffs reprieve for electronics, but President Donald Trump warned no country would get "off the hook" in his trade war -- especially China. The world's two largest economies have been locked in a fast-moving game of brinkmanship since Trump launched a global tariff assault that particularly targeted ...

Gold Hits New Record Highs Amid Market Surge

This is Beirut, 2024-10-22 17:46 - Reading : less than a minute

gold Market

The gold market reached another milestone on Tuesday morning, trading at $2,729 per ounce, while US gold futures soared to $2,741. This unprecedented boom led to new record prices for the yellow metal, with analysts predicting that gold will continue to hit historically high levels. According to CNBC, “Gold has entered a new bull run, driven ...

market