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.
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
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?
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.
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…
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…
From military spending to energy markets, the US-Israeli war on Iran is driving rising costs, with the Strait of Hormuz emerging as a central pressure point
Until fairly recently, most Americans sided with Israel. These days, most side with the Palestinians. That will eventually influence US foreign policy.
Any disruption in the Hormuz has cascading knock-on effects that extend far beyond energy markets, impacting international trade. Al Majalla explores all this and more.
Al Majalla - London
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