In the 1960s, French Finance Minister Valéry Giscard d'Estaing complained that the dominance of theU.S.dollar gavethe United Statesan "exorbitant privilege" to borrow cheaply from the rest of the…
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Dollar Hegemony
Al Majalla's December cover story highlights the signficance of Saudi Crown Prince Mohammed bin Salman's visit to Washington in November
Israel's aggression and territorial expansion have become a political, financial, and moral burden, as they have on its Western government allies, who find it increasingly difficult to defend
With nuclear know-how from Russia, weapons from America, infrastructure from China, and money from the Gulf, Egypt is making the most out of a world with many powers.
As European banks retreat, debt balloons, and price volatility spooks central banks, Morocco's national currency is increasingly being used in continental trading.
The Syrian artist's works on display in Beirut consider the hopes and dreams of migrants, the walls they face, and their eventual arrival in a safe harbour
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