The Egyptian Pound is weak, and the country is losing income from Houthi missiles, causing ships to avoid the Suez Canal. The timing is bad, as Cairo asks the IMF for $750mn in loans.
The global debt burden decreased for the second year in a row, even though it remains above its already-high pre-pandemic level, according to the latest update of the International Monetary Fund’s…
Downgrade was prompted by declining foreign exchange inflows, continued restrictions to the Egyptian pound's exchange rate, as well as external pressures to the economy
Egypt has finalized a staff-level agreement with the international monetary fund (IMF) on the components of its program, and will issue an announcement "very soon," the country's finance minister…
Debt hysteria is the best terminology that can be used to describe what’s going on. It feels like the world will end when you hear headlines saying the USA is going to run out of money by the end of…
The former Israeli prime minister on the aimless Gaza war, the dangers posed by the far-right, and why he believes Benjamin Netanyahu should be fired as soon as possible.
In her new book 'I Accuse', the UN Special Rapporteur on Palestine Francesca Albanese methodically lays out Israel's countless breaches of international law
A US abstention allowed the vote to pass after three previous vetoes. Since then, Israel has ignored it, and an embarrassed US downplayed its significance, calling it non-binding.
In an interview with Al Majalla, the German Arabist points out the flaws of economic globalisation, which don't necessarily embrace cultural diversity and pluralism nor advance human rights
Joe Biden, Chuck Hagel, and Colin Powell debated with Bashar al-Assad on their intent to get rid of Saddam. In part 5 of a seven-part series, Al Majalla reveals what was discussed for the first time.