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النسخة العربية
  • Politics
  • Culture & Social Affairs
  • Business & Economy
  • Science & Technology
  • Tag
  • dollarization

Adrián Astorgano

Why people flock to the dollar when local currencies collapse

An estimated 60% of all US banknotes in circulation are held outside the United States. In many parts of the world, the dollar is effectively the unofficial local currency. Al Majalla explains why.

Abdel-Rahman Ayas 06 June 2026
Diana Estefanía Rubio

The dollar still rules the global economy

Today, the US dollar is the most prominent currency in the world. This is tied to the fact that the US has the largest economy, along with the dollar’s use globally, as most countries worldwide rely…

Al Majalla - London 25 February 2025
  • Popular
  • Editor's Pick
Eduardo Ramon
Politics

The Houthis: the final battle?

06 August 2026

Regional and global players have begun to realise that the threat posed by the Yemeni militant group requires comprehensive and decisive action

Al Majalla - London
Opinion

Finding an effective strategy to combat Iran and its 'axis'

03 August 2026

Regional states have come to the realisation that fighting 'axis' members individually will have little effect, and any tactical success will likely be short-lived

Ibrahim Hamidi
Workers are seen through a pipe at a construction site on the extension of Russia's TurkStream gas pipeline. Reuters
Business & Economy

Getting the oil out: exploring Hormuz alternatives

03 August 2026

Al Majalla looks at potential new export routes that big oil producers can use to offset Iran's control over key regional waterways

Sharif Mohammad
A member of the Popular Mobilisation Forces monitors the Iraq-Syria border in Al-Qaim, January 23, 2026. AFP
Politics

Iraq’s armed factions are still three steps ahead of Baghdad

03 August 2026

Prime Minister Ali al-Zaidi has vowed to dissolve armed groups by the end of September, but this is highly unlikely. Al Majalla explains why.

Salam Zaidan
Migrants walk towards the Fnideq region in northern Morocco after leaving Spain's North African enclave of Ceuta following an attempted crossing at the Bab Sebta border crossing, on the outskirts of Fnideq, on 1 August 2026. Abdel Majid BZIOUAT / AFP
Culture & Social Affairs

The Ceuta tragedy: illusory homelands and unattainable paradises

05 August 2026

Where social media offers magic solutions, the real world delivers slammed doors

Samer Abou Hawwach

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OPINIONS

Decisive approach needed to confront the Houthi threat

Anwar Al-Ansi
Anwar Al-Ansi

Abdul El-Seyed: the progressive Michigander who beat the pro-Israel lobby

Tarek Rashed
Tarek Rashed

How the Houthis built a parallel economy in Yemen

Rana Freifer
Rana Freifer

Hormuz deal 'close' but will Trump accept it?

Con Coughlin
Con Coughlin
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