The World Bank has recently warned that economies of the Middle East and North Africa (MENA) region are suffering a sudden accumulation of public debt owing to challenges caused by the coronavirus …

The COVID-19 pandemic has thrown the debate over U.S. economic “decoupling” from China into stark relief. Former President Donald Trump made the curtailment of economic ties with China a cornerstone…

The Suez Canal, blocked by a giant container ship that ran aground on Tuesday, is the quickest sea route between Asia and Europe and about 15% of global shipping traffic moves through it. The 193…

The pandemic produced the kind of fallout that gives economists nightmares. An initial drop in economic output that exceeded the Great Depression. Sudden job losses that outpaced modern records. …

In the quarter century preceding the global COVID-19 pandemic, the world achieved something astonishing: worldwide poverty fell by more than 60 percent. Foreign aid played an important role in…

As the current economic crisis mounts in Turkey, Syrian lands in the northern east and west territories controlled by Ankara are making up for the Turkish fiscal deficit. Additionally, these areas…

After activating the new tourist visa regime in 2019, Saudi Arabia has become a new destination for tourists who love to explore the Kingdom and experience unique adventures that do not exist…

The oil giants ExxonMobil and Chevron each have assets valued in the hundreds of billions of dollars. Last year, The Wall Street Journal recently revealed, the two companies considered what would…

Who would take care of a baby idea with a problem-solving concept and spend a lot to have it materialized? Banks, in general, tend to lend bigger enterprises. The share of bank loans dedicated to…

It has become a matter of general agreement among citizens of the richest country on earth that things are not going so well. The United States in its 245th year is an ailing nation—socially,…