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النسخة العربية
  • Politics
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  • budget deficit
Stock markets are reacting to an uptick in US inflation, suggesting that President Donald Trump's tariffs are beginning to feed into the American economy. Angela Weiss/AFP

Trump still betting on tariffs to shrink America’s trade deficit

In his latest missive, the US President has threatened 100% duties on Russia and its trading partners, which includes some big American allies. It's 'stick-or-twist' time for the White House.

Mohamed Sharki 17 July 2025
A billboard in the middle of a public street shows the size of the US debt, December 30, Washington, D.C., 2024. AFP

Why US ‘white swan’ debt can't be wished away by cuts

With an average monthly fiscal deficit of $150bn, there are no good options for Donald Trump, who boasts of defaulting on debt in corporate life. Will he do the same with America's $36tn I-O-U pile?

Toufic Chanbour 29 March 2025
Former Tunisian Minister of Finance, Siham Al-Boughdiri Namsia, presents the state’s general budget for 2022, Tunisia, December 28, 2021.
 AFP

Tunisia's 'IMF shadow' disappears with Nemsia's sacking

The unexplained dismissal of the finance minister leaves more questions than answers as the highly indebted country seeks to avoid a 2025 default

Kawthar Zantour 26 February 2025
Eduardo Ramon

Moving from crisis to hope: Egypt’s economy in 2025

After dramatic action from the central bank, an $8bn IMF loan and a $35bn development deal, Cairo aims to bounce back in the new year, but faces both familiar and new problems first

Marcelle Nasr 04 January 2025
The Saudi capital, Riyadh, on November 15, 2024. Reuters

Saudi Arabia’s 2025 budget balances spending with stability

Another deficit is likely, but it will be in line with EU standards, say Saudi ministers keen to keep investing in the Kingdom's economic diversification away from oil and towards Vision 2030

Maher Chmaytelli 11 December 2024
Morocco's 2025 Budget has impressed some, not others. Shutterstock

Only bold on paper? Morocco’s $73bn budget for 2025

Lots to shout about, say the government. Not enough for the ordinary Moroccan, say the opposition. Let's wait and see what happens on the world markets, say the economists

Mohamed Sharki 03 December 2024
Al Majalla

Syria’s 2025 budget is bigger but light on subsidies and detail

Damascus has artificially lowered prices for years, but Syrians today cannot afford basics like fuel without them, meaning its budget has become a delicate balancing act

Joseph Daher 14 November 2024
Lina Jaradat

Depleting funds highlight Kuwait's oil dependency dilemma

Streamlining the public sector, enhancing the role of the private sector, and reviewing financial policies away from sovereign funds are just some of the reforms needed. Time is running out.

Amer Ziab Al-Tamimi 08 July 2024
Kuwait needs to shrink its public sector and use privatisation to cut its dependence on oil revenue. Reform will only become more difficult as the world moves to alternative energy. Shutterstock

After brief surplus, Kuwait's national budget back in the negative

Kuwait needs to shrink its public sector and use privatisation to cut its dependence on oil revenue. Reform will only become more difficult as the world moves to alternative energy.

Amer Ziab Al-Tamimi 07 September 2023
A picture taken on December 16, 2020 shows newly constructed towers in Riyadh, the Saudi Arabian capital and main financial hub. (Getty)

MENA Countries Must Diversify Income to Address Deficit

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 …

Hatem Khedr 09 April 2021
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Qatar's Emir Tamim bin Hamad al-Thani (C) reviews a military honour guard with Chinese President Xi Jinping (L) during a welcoming ceremony in Beijing's Great Hall of the People on January 31, 2019. GREG BAKER / AFP
Politics

Pivot to China? Gulf states mull options after Doha strike

12 September 2025

Israel's attack in Qatar erodes Gulf states' trust in the US and serves as a stark reminder that they cannot depend on American security guarantees

Xiaotong Yang
A Hezbollah flag is placed in front of the shrine of Shamoun al-Safa, built within a castle in the village of Shamaa in southern Lebanon's Tyre governorate, on January 31, 2025, that was heavily damaged by Israeli bombing. Mahmoud ZAYYAT / AFP
Business & Economy

Trump Economic Zone plan raises eyebrows in Lebanon

11 September 2025

Many Lebanese see the project as a demographic one with economic dressings aimed at expelling the country's southern population from their lands

Souraya Chahine
Syrian President Ahmed al-Sharaa Al Majalla
Politics

From Idlib to New York: Sharaa’s winding road the UN

12 September 2025

From the plains of Idlib to the presidential palace in Damascus and now the UN headquarters in Manhattan, Al Majalla traces the Syrian president's journey to get to this historic moment

Ibrahim Hamidi
Opinion

'The Voice of Hind Rajab' shows cries for justice are only getting louder

07 September 2025

A 24-minute standing ovation at the film premiere was more than a symbolic gesture of justice for Israel's murder of little Hind, but a heartfelt cry of real anguish over the ongoing genocide in Gaza

Samer Abou Hawwach
Egyptian writer May Telmissany poses during a portrait session held on April 15, 2014, in Paris, France. Ulf Andersen/Getty
Culture & Social Affairs

May Telmissany: writing is an act of resistance against the ugliness of the world

14 September 2025

The acclaimed Egyptian writer talks love, betrayal, autobiography, and the lack of Arab literary identity

El-Sayed Hussein

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OPINIONS

The world inches towards Palestine recognition. Too little, too late?

Ramzy Ezzeldin Ramzy
Ramzy Ezzeldin Ramzy

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Marcelle Nasr

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Poland waits in the wings as WWII threat lurks

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