debt | Al Majalla

Global debt offsets economic growth

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…

Al Majalla - London 11 October 2023

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Will Egypt’s credit ratings downgrade lead to liberalisation of the pound’s exchange rate?

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

Marcelle Nasr 13 May 2023

The International Monetary Fund (IMF) headquarters building is seen in Washington, U.S., April 8, 2019. REUTERS/Yuri Gripas/File Photo

Egypt Nears Staff-Level Agreement With IMF On Terms of Its Programme

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…

16 October 2022

The U.S. Debt Crisis

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…

Saif Al Abri 09 November 2021

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Peacemaker or evil genius? Kissinger’s mixed legacy in the Middle East

01 December 2023

Henry Kissinger will be remembered for his controversial legacy in the Middle East

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Iraqis hold a mass rally supporting the Palestinians in the Gaza Strip on Friday, Oct. 13, 2023., in Baghdad

Politics

Gaza war poses political dilemma for Iraq

20 November 2023

The prime minister in Baghdad must deal with the demands of the US, Iran and armed groups at home, while trying to prioritise his own national interests. Here's a three-option plan on how he can.

Ayad Al-Anbar