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Al Majalla

Revaluing US gold reserves comes with pros and cons

Fort Knox's undervalued bullion could help the nation with its debt if it is given a more up-to-date price tag, some say. Others think it could lead to a global monetary realignment.

Toufic Chanbour 07 November 2025
Ewan White

Why some Germans want to repatriate their gold from the US

Where one's gold sits is not just a matter of security, prestige, or practicality; it is a matter of trust and confidence, both of which seem to be in short supply as a result of Donald Trump's polici

Toufic Chanbour 04 July 2025
A billboard in the middle of a public street shows the size of the US debt, December 30, Washington, D.C., 2024. AFP

Why US ‘white swan’ debt can't be wished away by cuts

With an average monthly fiscal deficit of $150bn, there are no good options for Donald Trump, who boasts of defaulting on debt in corporate life. Will he do the same with America's $36tn I-O-U pile?

Toufic Chanbour 29 March 2025
The decision to cut interest rates not by 0.25% but by 0.5% lets industry and money markets breathe a sigh of relief after two years of stress and turmoil. Eduardo Ramon

What do US interest rate cuts mean for the economy and election?

Donald Trump will not be happy but Kamala Harris could benefit from this week's decision along with borrowers, consumers, and investors

Khaled Kassar 19 September 2024
 Shutterstock

The gleaming of gold in global markets suggests volatility ahead

A safe haven in turbulent times, there are deeper reasons why gold still shines, including a possible role in finding a dollar alternative, but drawing lessons from the past is increasingly difficult.

Toufic Chanbour 29 May 2024
Federal Reserve Board Chairman Jerome Powell speaks during a news conference following the announcement that the Federal Reserve raised interest rates by half a percentage point, at the Federal Reserve Building in Washington, U.S., December 14, 2022. REUTERS/Evelyn Hockstein

Fed's Powell Says Inflation Battle Not Won, More Rate Hikes Coming

The Federal Reserve will deliver more interest rate hikes next year even as the economy slips towards a possible recession, Fed Chair Jerome Powell said on Wednesday, arguing that a higher cost would…

14 December 2022
The Federal Reserve building is pictured on Tuesday August 6, 2019. (Getty)

The Twilight of America’s Financial Empire

When Iraqi lawmakers voted to expelU.S.forces from the country earlier this month, the Trump administration’s response was swift and forceful: it refused to withdraw and, for good measure, threatened…

Henry Farrell and Abraham Newman 31 January 2020
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AFP / Al Majalla
Politics

Trump's Board of Peace gives hints of his vision for a new world order

24 January 2026

Critics worry the BOP is a bid to dismantle the post-1945 international order and replace it with structures under the US president's direct control, with scope stretching well beyond Gaza

Tarek Rashed
Opinion

The battle for the state is reshaping regional alliances

18 January 2026

From Yemen and Syria to Sudan and Libya, there is a concerted effort to reassert state authority and thwart moves toward the proliferation of quasi-states and fragmentation

Ibrahim Hamidi
Al Majalla
Politics

'Gaza has broken every record of modern warfare'

23 January 2026

Former Médecins Sans Frontières president Rony Brauman explains to Al Majalla how Israel's war on Gaza has produced unprecedented suffering and exposed the collapse of international law

Elie Kossaifi
Al Majalla
Culture & Social Affairs

Al Majalla's Film Watch: the best of Youssef Chahine

23 January 2026

On the centenary of his birth, Al Majalla highlights some of the many standout films of the legendary Egyptian director's illustrious career

Areej Jamal
A man walks past a mural depicting SDF supporters raising a flag showing the face of Abdullah Öcalan, the founding leader of the PKK, in Syria's northeastern city of Qamishli on December 16, 2024. Delil Souleiman/AFP
Politics

The SDF: from chosen US security partner to liability

21 January 2026

How a regional and international climate increasingly aligned with Damascus is placing pressure on the Syrian Democratic Forces to prioritise Syrian unity

Subhi Franjieh

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OPINIONS

Six factors shaping Trump’s calculus on Iran

Brian Katulis
Brian Katulis

Four miscalculations by the SDF

Ibrahim Hamidi
Ibrahim Hamidi

Greenland: the frozen Arctic island that Trump wants

Al Majalla - London
Al Majalla - London

Lebanon's handling of Syrian prisoners will be telling

Alia Mansour
Alia Mansour
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