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Al Majalla

When the international debt mountain threatens to collapse

With public and private liabilities worldwide estimated at a staggering $353tn and with many gearing up to borrow more, all agree that there is a problem, but few agree on how to solve it

Mohamed Sharki 14 September 2026
US Secretary of the Treasury Scott Bessent speaks during a press conference in Washington, DC on 24 August 2026. KENT NISHIMURA / AFP

The US bond crisis highlights a deeper fiscal rot

Scott Bessent is breaking the glass to check rising bond yields, but the fix is flawed

Keith Johnson 25 August 2026
Stock markets reacted to an uptick in US inflation, suggesting that President Donald Trump's tariffs were impacting the American economy. Angela Weiss/AFP

Why bond markets are unnerving rich-world politicians

As stocks rise ever higher, yields have been climbing ominously

The Economist 21 August 2026
The state's refusal to engage with bondholders risks keeping Lebanon out of the funding markets, draining its remaining reserves as creditors seek redress. Nash Weerasekera

A huge legal battle between Lebanon and its creditors looms

The state's refusal to engage with bondholders risks keeping Lebanon out of the funding markets, draining its remaining reserves as creditors seek redress

Salwa Baalbaki 21 April 2024
Egypt's Minister of Finance Mohamed Maait at the 2019 Russia-Africa Summit and Economic Forum, at the Sirius Park of Science and Art. (Getty)

For the First Time — Egypt Debuts Islamic Finance Market

As the Egyptian parliament has approved a sovereign sukuk law this month, Egypt is now officially entering the Islamic finance market for the first time, with the volume of sukuk issuances reaching …

Menna A. Farouk 18 June 2021
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Al Majalla/Reuters
Politics

A Houthi takeover of Bab al-Mandab cannot be tolerated

12 September 2026

The Iran-backed group's effective takeover of Yemen's western coast comes with serious regional and global implications. The world needs to act.

Alice Gower
Macklemore performs onstage during the ibis RockCorps France 2024 at Accor Arena on 29 May 2024, in Paris, France. Kristy Sparow/Getty Images
Culture & Social Affairs

Backlash over Macklemore ban shows major US culture shift

16 September 2026

The American rapper's removal from Ed Sheeran's tour over his 'Free Palestine' speech and the British singer's meek rebuttal sparked an uproar on social media

Samer Abou Hawwach
Axel Rangel García
Politics

Francesca Albanese: the Palestine question is a global one

16 September 2026

In an interview with Al Majalla, the UN Special Rapporteur says the backlash against her for speaking out against Israel's genocide in Gaza reveals much about the current international order

Elie Kossaifi
Al Majalla
Business & Economy

AI data centres: the costliest infrastructure race in history?

16 September 2026

Investment could reach $50tn by 2050, but electricity, semiconductors and data laws will determine where the factories of the new economy are built

Abdel-Rahman Ayas
India's Prime Minister Narendra Modi shares a moment with Russian President Vladimir Putin as Chinese President Xi Jinping looks on during day two of the BRICS Summit in New Delhi, India, on 13 September 2026. REUTERS
Politics

Only China, India, and Russia can end the Iran war

15 September 2026

Washington needs its rivals to create peace on its behalf

Amir Handjani

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OPINIONS

AI data centres: the costliest infrastructure race in history?

Abdel-Rahman Ayas
Abdel-Rahman Ayas

Backlash over Macklemore ban shows major US culture shift

Samer Abou Hawwach
Samer Abou Hawwach

Will AI destroy mankind?

Fares Garabet
Fares Garabet

Francesca Albanese: the Palestine question is a global one

Elie Kossaifi
Elie Kossaifi
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