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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
  • Popular
  • Editor's Pick
Pete Reynolds
Politics

Israel’s election may not end its political crisis

26, Oct 2026

With a complex election setup and the deep polarisation that has plagued Israel in recent years, expect prolonged political deadlock

Michael Horowitz
Russian President Vladimir Putin greets Rwanda's Prime Minister Justin Nsengiyumva during a welcoming ceremony for participants of the Russia-Africa Summit in Moscow, Russia, on 28 October 2026. Igor Ivanko/REUTERS
Business & Economy

Russia-Africa summit: ambitions and challenges

29, Oct 2026

Amid competition for influence and resources, Russia knows that Africa is a market with potential. For African states, Russian companies are still of interest, but the value equation needs to change

Rana Freifer
Al Majalla
Politics

Lula defies Latin America’s pro-Trump wave

28, Oct 2026

Brazil's left-wing president won a historic fourth term in office

Catherine Osborn
Anne-Claire Legendre, the newly appointed president of the Institut du monde arabe, poses for a portrait at the institute’s headquarters in Paris, on 18 February, 2026 AFP
Culture & Social Affairs

Anne-Claire Legendre’s vision for the Institut du monde arabe

29, Oct 2026

As the institute approaches its 40th anniversary, its president outlines a new vision for cultural collaboration between the Arab world and Europe

Elie Kossaifi
President Masoud Pezeshkian (R) greeting Afghanistan's Foreign Minister Amir Khan Muttaqi (R), in Tehran on 18 May 2025. Iranian Presidency / AFP
Politics

Afghanistan: Iran's strategic depth card in Central Asia

28, Oct 2026

Once nurtured by Pakistan, the Taliban now works closely with Iran, much to the delight of Russia and China

Kamal Alam

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OPINIONS

War with Iran likely regardless of who leads Israel

Con Coughlin
Con Coughlin

Russia-Africa summit: ambitions and challenges

Rana Freifer
Rana Freifer

The struggle for power

Al Majalla - London
Al Majalla - London

Anne-Claire Legendre’s vision for the Institut du monde arabe

Elie Kossaifi
Elie Kossaifi
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