Here we go as predicted: the Lebanese central bank attempts to prevent a "panic mode" scramble on the part of the public to remove all deposits, and the recently imposed (unofficial) regulations geared toward staving off capital flight are predictabl
The largest reserve gold traders on the planet are the six bullion banks. A bullion bank is a large multi-national bank authorized to serve as a conduit through which Central Banks – and the Fed primary dealers – loan their gold out into the mark
Lebanon's prime minister resigned Tuesday, bowing to one of the central demands of anti-government demonstrators shortly after baton-wielding Hezbollah supporters rampaged through the main protest camp in Beirut, torching tents, smashing plastic ch
Today the Prime Minister of Lebanon Saad Hariri resigned after -at times- violent protests. In Iraq the gadfly cleric Moqtada Sadr joined protesters after previous protests in Iraq also led to violence.
...as the Economy Is on Brink of Collapse. Protesters blamed the ruling elite for driving their children out of Lebanon because they failed to build a country that could provide jobs, as unemployment for under-35s is at 37%.
Hezbollah - Make no mistake. Israel is run by anti-democratic fascist hardliners, militant Zionist ideologues, and over-the-top religious fundamentalists.
Last night for the first time in over a decade Israel tried to carry out a targeted airstrike over the southern suburbs of Beirut.
Miss Earth Lebanon has been stripped of her title after posing for a photograph with Miss Earth Israel during the international pageant in the Philippines.
Writing in the Asia Times earlier this month, David P. Goldman lamented that an Israel-Iran war is unlikely to take place any time soon.
If the United States climbs into bed with the Israelis and Saudis and commits to take down Iran it will wind up having to do the hard fighting in a war that could be unwinnable in any conventional sense.