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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
A collage of Israel's policy of destruction and starvation in Gaza. Eduardo Ramon
Politics

Unpacking Israel's decisive turn towards savagery

23 April 2026

Israel's gloves-off approach since 2023 didn't emerge out of the blue; it is deeply rooted in Zionist and Israeli military thought.

Majed Kayali
Axel Rangel Garcia
Business & Economy

Test of wills: Iran’s ability to outlast the US blockade

26 April 2026

The standoff in the Hormuz is not simply a question of whether Tehran can survive economic pressure, but whether Washington can sustain the pressure at an acceptable cost.

Alex Vatanka
Sara Padovan
Science & Technology

Iran’s 'mosquito fleet' presents a pesky problem

28 April 2026

The Strait of Hormuz is now poised to become the primary arena of confrontation, with Iran relying on speedboat-driven guerrilla warfare to confront the US navy.

Marco Mossad
A Syrian army soldier holds a national flag featuring Syria's President Bashar al-Assad in front of a building left in ruins on 5 June 2013 in the city of Qusayr in the Homs province. AFP
Politics

Syria's taswiya slow roll creates a host of problems

28 April 2026

Former regime soldiers are stuck in limbo, as their undocumented status prevents them from working, travelling, and curbs family members' access to education, healthcare and social services

Haid Haid
Culture & Social Affairs

The Arab women raising the bar in travel literature

28 April 2026

In recent years, travel writing has witnessed a striking revival, though along a different path, one now charted by Arab women's voices.

Ibrahim Adel

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OPINIONS

Russia mulls Mali strategy after failed coup attempt

Anton Mardasov
Anton Mardasov

In a divided Lebanon, middle ground is largely illusory

Houssam Itani
Houssam Itani

The UAE’s departure from OPEC may not break the cartel

The Economist
The Economist

The Arab women raising the bar in travel literature

Ibrahim Adel
Ibrahim Adel
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