As the euro strengthens amid a weakening dollar, analysts see it more as a rebalancing of the global financial order rather than an innate superiority of the European currency
There are still some serious questions, challenges, and obstacles that stand in the way of BRICS achieving total independence from the dollar with its proposed rival currency.
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…
European stock indexes fell on Monday, the euro dropped below 99 cents for the first time in twenty years and European gas prices surged after Russia said its main gas supply pipeline to Europe would…
Disruption in the Hormuz can have major implications for global trade, but it also creates opportunities for smaller nations like Iran to become global political players
The Iraq war was viewed as disastrous in retrospect, while the Iran war was unpopular from the get-go. Al Majalla highlights the similarities and differences between the two.
Pipelines have a chequered history in the Middle East, but the closure of the Strait of Hormuz has led US Tom Barrack to conclude that a new route through Syria could solve some problems.