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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
Nash
Business & Economy

How a tiny waterway put the global economy into a chokehold

18 April 2026

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

Steve Hewitt
Pete Reynolds
Politics

Glimpses of Bush's Iraq debacle appear in Trump's Iran war

15 April 2026

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.

Robert Ford
Al Majalla
Business & Economy

The US plan to turn Syria into an oil transit hub

16 April 2026

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.

Al Majalla - London
An Iranian woman flashes the V-sign as she takes part in a rally to pay tribute to women killed during war, in Tehran on 17 April 2026. AFP
Politics

Has Iran's ideology actually hardened?

16 April 2026

The change in tone and presentation of policy isn't a fundamental redirection, but rather the consolidation of a system under pressure

Alex Vatanka
Egyptian director Daoud Abdel Sayed holds two awards during the opening ceremony of the Alexandria Film Festival for Mediterranean Countries in the Egyptian port city of Alexandria, late on 14 September 2010. AMR AHMAD / AFP
Culture & Social Affairs

Daoud Abdel Sayed and the cinema of quiet rebellion

16 April 2026

Throughout his career, the renowned Egyptian film director challenged authority, rejected easy answers, and remained rooted in lived experience

Hazem Massoud

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OPINIONS

Has Iran's ideology actually hardened?

Alex Vatanka
Alex Vatanka

The Israel-Lebanon talks just might succeed

Ibrahim Hamidi
Ibrahim Hamidi

How a tiny waterway put the global economy into a chokehold

Steve Hewitt
Steve Hewitt

Péter Magyar: the Orbán loyalist-turned-nemesis

Con Coughlin
Con Coughlin
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