After less than two weeks, the estimated cost of warfare between these two sworn enemies is easily into the billions of dollars. How are they placed to weather the economic storm?
Calls for a clampdown are likely to follow armed groups' use of digital money. But even if limits are introduced, they are not expected to be as effective as those on traditional currency.
Before war struck, poverty and jobless rates were sky-high and could now soar further, as conflict wipes out signs of a recovery in growth. The wider world is watching the impact on energy markets.
Looming elections and populist politics seem to be behind the impasse over talks to agree reforms to unlock much-needed funds. Tunisia's credibility is being hurt by divisions within the government.
Regional collaboration is crucial for a sustainable and resilient future. From electricity grid interconnections to cross-border investments in renewable energy, working together is vital.
The IMF's stark failure to warn of a looming crisis in Lebanon reveals why it has long been controversial, alongside the characteristic shortcomings as the lender of last resort
Egypt, the world's second-largest IMF borrower, has managed to reach several agreements, yet failed to achieve reform goals in the process. Now, Egyptians are bearing the brunt.
Marrakech is hosting the annual meetings of the Bretton Woods institutions in October. This is after being unable to convene in Morocco in 2021 due to the COVID-19 pandemic.
The venue choice is seen as a nod to Morocco's impressive economic development and influential role as an Arab, African and Mediterranean country of growing strategic importance.
IMF and World Bank policies are outdated and need to be reformed. They have only caused more misery and credit addiction in borrowing countries. Al Majalla explains.
The strait carries up to 20% of the world's oil exports at around 20 million barrels of oil each day. Any closure could cost the global economy greatly, even if only for a short time.
For decades, Iran's supreme leader—first Khomeini, then Khamenei—pursued a strategy of backing regional militias to fight Israel, but with the 'resistance axis' in tatters, Iran is left to fight alone