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%…
The former US envoy to Damascus tells Al Majalla how to find a path to a lasting settlement and a new place in the Middle East, from his unique perspective and first-hand experience in Assad-era talks
A US federal court has blocked Trump's tariffs and ruled that the president doesn't have unilateral authority to impose them, dealing a major blow to his economic policy
The US-based writer does not hold back in what he pens for American readers, nor is he censored. There is just one word that he is forbidden from using.
As global climate finance falters and US support disappears, the MENA region faces a widening funding gap. Now is the time to create a regional climate finance mechanism.