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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
Grace Russell
Politics

Gulf states should steer clear of attritional war traps

01 April 2026

The US-Israeli war against Iran aims to draw in Gulf states, but history has shown that entering wars is far easier than exiting them. Prudence is needed now more than ever.

Khairuldeen Al Makhzoomi
Palestinian Foreign Minister Varsen Aghabekian Shahin speaks at a press conference in Ljubljana, Slovenia, on 25 August, 2025. Luka Dakskobler / Getty
Politics

'Israel is exploiting Iran war to kill a Palestinian state'

01 April 2026

PA Foreign Minister Varsen Aghabekian Shahin tells Al Majalla that Israel is taking advantage of the fact that the world is distracted by the US-Iran war to create irreversible facts on the ground

Ahmed Maher
Ewan White
Politics

Iraq's internal battle for influence comes to a head

31 March 2026

New fronts have opened up across the region in light of the US-Israeli war on Iran, as non-state actors with links to Tehran fear for their futures

Rustum Mahmud
People gather during a celebration called by Hayat Tahrir al-Sham (HTS) at the Umayyad Square, after the ousting of Syria's Bashar al-Assad, in Damascus, Syria, 20 December, 2024. Reuters / Ammar
Business & Economy

US-Iran war gives Syria's global economic pitch more urgency

01 April 2026

Given the effective closure of the Hormuz Strait and Houthi threats to close off the Red Sea, Syria may emerge as a corridor and conduit to bypass these embattled maritime chokepoints

Charles Lister
Farid al-Madhan Reuters/ Al Majalla
Politics

Farid al-Madhan: Assad's fingerprints were on every picture

31 March 2026

A former army forensics employee who later became known as Caesar tells Al Majalla how he risked his life to expose the torture and killing of countless Syrians in regime prisons

Ibrahim Hamidi

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OPINIONS

Sisi hopes Trump will save Egypt from Iran war fallout

Amr Emam
Amr Emam

The Iran war is hurting—and helping—North African economies

Mohamed Sharki
Mohamed Sharki

Europe's reluctance to join Iran war puts NATO at risk

Con Coughlin
Con Coughlin

Iraqi militias turn on the state

Baghdad, London - Al Majalla
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