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…
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.