The pound and Japanese yen edged off multi-month highs against the dollar on Monday as traders, investors and analysts started to speculate whether the greenback's recent bout of weakness was coming…
As part of the repercussions of the Russian-Ukrainian war, Europe is suffering from a severe energy crisis and has come to take strict measures to ration energy consumption.
This is what some…
India posted annual economic growth of 6.3% in its July-September quarter, far slower than the 13.5% growth reported in the previous three months as distortions caused by COVID-19 lockdowns faded in…
Saudi Arabia, Egypt, and Algeria have emerged as strong candidates to join the "BRICS" group, which currently houses 40% of the world's population and whose gross domestic product (GDP) exceeds the…
Lebanon's economy, hit by one of the world's most severe crises, continues to contract although the pace of that contraction has somewhat slowed, the World Bank said in a report published Wednesday.
…
Sterling slipped against a strengthening U.S. dollar on Monday as global risk sentiment was dented by rising COVID-19 cases in China, which led to new restrictions in the world's second largest…
Growing up in a Chinese village, Julian Zhu only saw his father a few times a year when he returned for holidays from his exhausting job in a textile mill in southern Guangdong province.
For his…
IMF chief Kristalina Georgieva said on Wednesday she expects new Prime Minister Rishi Sunak to steer Britain towards fiscal sustainability and said he was right to warn the public of difficult…
Japanese Economy Minister Daishiro Yamagiwa plans to step down on growing calls from the opposition to resign due to his insufficient explanations about his ties to the controversial Unification…
China delayed the release of economic indicators scheduled for publication this week, including its third-quarter gross domestic product data due on Tuesday, according to an updated calendar on the…
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.