Macron has spent a fortune, bond yields are going up, stocks are falling, Brussels is demanding reform, the IMF is preparing an emergency package, and populists are at the gate... Sacré bleu!
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…
In a world where events unfold at lightning speed and political and social landscapes shift rapidly, Al Majalla has remained a steadfast beacon of reliable and credible journalism. For over four…
JOMANA RASHED AL-RASHID, Chief Executive Officer at SRMG
From titanium and lithium to natural gas, Ukraine has an abundance of supplies needed by a range of industries, which Russia wants to control, while the US sees an opportunity
In the final of a three-part series, Syria's late former Vice President Abdul Halim Khaddam reveals that Bashar al-Assad's brother Maher misled Rafic Hariri before his assassination.
Smell has always been the poor cousin of the senses, overawed and diminished by the others. Hearing loss or blindness get all our attention, anosmia less so. What do the philosophers think?