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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
  • Popular
  • Editor's Pick
Iranian Foreign Minister Javad Zarif (R) and Deputy Foreign Minister and chief nuclear negotiator Abbas Araghchi react as they listen to President Hassan Rouhani (unseen) speaking during a press conference in Tehran on 3 April 2015 ATTA KENARE / AFP
Politics

Zarif’s peace gambit meets Tehran’s limits

15 April 2026

Tehran can likely contemplate a deal, but it is far less clear that it can yet imagine lasting peace

Alex Vatanka
Julian D. Paulsen
Business & Economy

Tight squeeze: economic effects of Iran war linger despite truce

13 April 2026

A two-week truce has sparked a cautious market rebound, but deep anxiety persists over renewed escalation and its impact on global growth and inflation

Abdulfattah Khattab
Jared Kushner and Pakistan's Prime Minister Shehbaz Sharif interact in Islamabad, Pakistan, on 11 April 2026. Jacquelyn Martin/ REUTERS
Politics

‘Kushner and Witkoff spoiled the US-Iran talks’

13 April 2026

Sources tell Al Majalla that Iran was able to build a rapport with US Vice President JD Vance in Islamabad, but sensed his hands were tied in the presence of Trump's son-in-law and close friend

Kamal Alam
Al Majalla
Business & Economy

The Iran war exposed the fragility of Europe’s economy

15 April 2026

Disruption in the Strait of Hormuz and rising energy prices are exposing the structural vulnerabilities of Europe's economy

Mohamed Sharki
Opinion

Lebanon’s Shiites are fighting a two-front war

15 April 2026

The first is on the border against Israel, which seeks to seize their land and drive them northwards; the second is within Lebanon itself, against a state that seeks to marginalise them

Houssam Itani

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OPINIONS

Glimpses of Bush's Iraq debacle appear in Trump's foray into Iran

Robert Ford
Robert Ford

The Iran war exposed the fragility of Europe’s economy

Mohamed Sharki
Mohamed Sharki

Farasan, the literature of the sea, and the poetics of place

Jaber Muhammad Madkhali
Jaber Muhammad Madkhali

Lebanon-Israel talks: a gradual approach could go a long way

Michael Harari
Michael Harari
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