Switzerland exited the era of negative interest rates on Thursday when its central bank joined others around the world in tightening monetary policy more aggressively to combat resurgent inflation.
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European stock markets, the euro, and the pound all clawed higher on Tuesday as previously surging gas prices slipped back 10%, although government bond market costs continued to rise and Japan's yen…
The U.S dollar climbed to a 20-year high against other major currencies on Monday after Federal Reserve Chair Jerome Powell signalled interest rates would be kept higher for longer to bring down…
Contraction in the eurozone economy for a second straight month pinned the single currency to a 20-year low against the dollar on Tuesday, with surging gas prices adding to misery dragging Europe…
Turkey's lira dipped 0.4% against the dollar on Tuesday as concerns over rampant inflation were stoked by President Tayyip Erdogan's pledge to continue cutting interest rates.
In a Monday evening…
The dollar dominance has been a matter of controversy since the last decades of the 1900s. IMF reports show that the Dollar's share in the global foreign exchange reserve fell from 70% in 1999 to 59%…
Trump is waging a three-front war on Europe over Ukraine, security dependence and trade, shocking longtime allies who are now scrambling to develop a counterstrategy
The passion and imagination of the Uruguayan writer remain timeless, not least over Gaza. Ten years since his passing, Al Majalla revisits his works and words.
Several factors contributed to the Sudanese Armed Forces finally reclaiming the country's capital from the RSF paramilitaries who seized it two years ago at the outbreak of civil war.