This form of welfare eats up more than a fifth of the state budget and reform has been demanded by the IMF. Cairo says the changes will help the poorest. Others are less sure
Jerome Powell's successor, Kevin Warsh, takes the reins at a critical fiscal moment, as inflationary pressures caused by the US war on Iran begin to take effect worldwide.
Washington and Beijing have much to discuss during Donald Trump's visit. As they meet, both presidents will find that they are playing with different hands.
After the US-Iran war drastically depleted American munitions, there is a scramble to restock, prompting several companies in both the US and Europe to change tack to meet the growing demand
There is now a growing recognition that over-reliance on a single corridor or supplier is no longer feasible. While this may worry some, it is a chance for others.
Europe is a key money-laundering hub for the funds Hezbollah generates worldwide and a central node in the trade routes through which those funds are moved and disguised
Airspace closures, rising fuel costs, shifting flight maps and delayed aircraft deliveries have repriced flights around the world, with some travel routes hit worse than others
Proponents of a peace deal argue that by reducing security risks with Israel, Lebanon can move from a volatile frontier market into a regional hub much like the UAE.
When ships leaving Iran's ports are seized, oil buyers are hurt, as well as every stakeholder in the chain, making countries more reluctant to do business with Tehran
A US envoy wants the institutions of western Libya to accommodate the son of an eastern warlord as Libyan president. Is this another doomed effort to unite the feuding factions, or could it work?
As the FIFA World Cup 2026 shows, identity, belonging, and tension combine to make football fandom unlike any other sport. So, what is going on in fans' brains?
Beijing's duty-free access for African exports promises mutual economic gains, but more importantly, it deepens its strategic influence across the continent