China has been quietly working to rewrite the rules of global trade and finds itself in a strong position in the current trade war launched by Washington. A look around the world shows why.
Global sanctions have curtailed Iran's economic growth, limited its oil exports and devalued its currency, but Tehran has been resilient in its ability to fund its regional proxies
The world is at war. The climate crisis is an epidemic of economic enormities. A crisis that now — in this post-truth, polarised and populist world — still divides opinion and is driving economic…
Hundreds of millions of dollars have flowed through Egypt's interbank market since the central bank allowed the Egyptian pound to depreciate by 13% to a historic low, bankers said on Thursday.
The…
Oil rose about 1% on Thursday supported by optimism over China's demand outlook and hopes that upcoming inflation data from the United States will point to a slower increase in interest rates.
Top…
The dramatic, multidimensional implosion of Meta; the nuclear train wreck of Elon Musk’s Twitter; the momentous labor uprising against Amazon—it wasn’t just an unusually disastrous year for America’s…
“I worked in Byblos (West Lebanon) for over 20 years. I used to make USD 50 a day. After the 2019 Lebanese banking sector collapse, my employers did not have access to their money in the banks, and…
Pandemic-related disruptions to global supply chains and the knock-on effects of Russia's war in Ukraine have driven up prices of energy, commodities, and necessities.
Here's how governments are…
If history is any judge, Trump's tariffs and damaging actions towards US allies could speed up the emergence of a multipolar world, much like George W. Bush's invasion of Iraq
Sectors such as tourism, manufacturing, logistics, and healthcare have the potential to continue growing as a share of the Gulf states' overall revenue and to provide employment for the future
Algorithms already perform many human tasks with greater accuracy and efficiency. While AI cannot yet do everything a human brain can, progress in this field is rapid. What next for humanity?