The International Monetary Fund (IMF) has given the US economic growth forecast its biggest downgrade among advanced economies for this year, citing uncertainty caused by trade tariffs imposed by US…
In response to US President Donald Trump's so-called "Liberation Day" tariffs in early April, which have since imposed levies on China of up to 245%, Beijing imposed export controls on seven key…
US President Donald Trump recently said that he is exploring possible temporary exemptions to his tariffs on imported vehicles and parts to give auto companies, which are switching to parts that were…
Days after US president Donald Trump’s administration unveiled the sharpest ever escalation in American tariffs going back 200 years, Chair of the US Federal Reserve Jerome Powell said that tariffs…
Four financial giants, BlackRock, Vanguard, Charles Schwab, and State Street, have emerged as the silent powers behind many of the world's largest companies. These firms control around $32tn in…
Military airpower has been used in warfare since the early 20th century, serving as a critical tool for armed forces. While the number of aircraft in an air force doesn't necessarily indicate how…
In January 2025, the Trump administration abruptly froze nearly all US foreign aid to conduct a 90-day review to ensure they align with his new America-centred policies.Under the Department of…
Despite Saudi Arabia’s state-owned oil giant Aramco reporting a 12% decrease of its net profits in 2024 due to lower energy prices, the company outperformed leading global oil and gas companies,…
In April 2023, violent clashes erupted between the Sudanese Armed Forces (SAF) and the paramilitary Rapid Support Forces (RSF) in Sudan, resulting in the displacement of more than 12.5 million people…
Today, the US dollar is the most prominent currency in the world. This is tied to the fact that the US has the largest economy, along with the dollar’s use globally, as most countries worldwide rely…
A string of deals ranging from defence to technology were signed in Riyadh worth at least $300bn, including the "largest military sales contract in history"
As experts warn of a looming famine due to Israel's blocking of all aid for over ten weeks, Al Majalla speaks to affected families on the ground whose children have become skin and bones
Al-Sharaa met Trump today in Riyadh, after the US president lifted sanctions on Syria on Tuesday, offering it "a chance at greatness". But who is the Syrian leader thrust into the global spotlight?
Syria's interim president, Ahmed al-Sharaa, will meet Donald Trump in Riyadh today, making him the first Syrian leader to meet with a US president since Clinton's meeting with Hafez al-Assad in 2000