Ocean freight shipping rates are set to increase further in early February amid the ongoing Red Sea crisis. According to the Xeneta ocean freight rate benchmarking platform, market average short-term…
At least 50 affected countries, a 40% decline in Suez Canal revenues, and German car factories pause production. Al Majalla lays out the economic impact of Red Sea disruptions in numbers.
International trade is coordinated through numerous shipping lanes worldwide. According to the International Maritime Organisation (IMO), about 90% of goods moved globally travel by ocean – however,…
The ongoing slowdown in global trade is expected to worsen in 2023, the U.N. Conference on Trade and Development (UNCTAD) said on Tuesday.
"While the outlook for global trade remains uncertain,…
Despite a population of just over a millioninhabitants and an area of 23,000 square kilometres, Djibouti, situated on the Bab al-Mandab Strait, one of the most vital waterways in the world, is…
Just after Israel invaded Lebanon, Hezbollah fired missiles at the Mossad headquarters in Tel Aviv. Hours later, Iran followed with over 200 missiles. Now, the region waits for Israel's next move.
Known for his hardline and vehemently anti-US views, the man who could take over the top role of Hezbollah has been described as "Lebanon's Yahya Sinwar"
Trump's political base in the west-centre and south of the country appears solid and opinion surveys indicate that most voters think he would manage the economy better
US academic Jonathan Gribetz asks why Palestinian nationalists in Lebanon set up a research centre on Zionism, why it was important, what fate had in store for it, and what lessons can be drawn