Argentina and China have formalized the expansion of a currency swap deal, allowing the South American country to increase its depleted foreign currency reserves, the Argentine central bank said on…
The euro climbed back above parity against the dollar for the first time in a month on Wednesday after poor U.S. economic data reinforced speculation that the Federal Reserve will slow its interest…
The U.S dollar climbed to a 20-year high against other major currencies on Monday after Federal Reserve Chair Jerome Powell signalled interest rates would be kept higher for longer to bring down…
The dollar dominance has been a matter of controversy since the last decades of the 1900s. IMF reports show that the Dollar's share in the global foreign exchange reserve fell from 70% in 1999 to 59%…
Trump is waging a three-front war on Europe over Ukraine, security dependence and trade, shocking longtime allies who are now scrambling to develop a counterstrategy
The passion and imagination of the Uruguayan writer remain timeless, not least over Gaza. Ten years since his passing, Al Majalla revisits his works and words.
Several factors contributed to the Sudanese Armed Forces finally reclaiming the country's capital from the RSF paramilitaries who seized it two years ago at the outbreak of civil war.