Trump's tariffs are a bold move based on an economic vision claiming to protect domestic industries. However, they come at a high cost to international trade relations.
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…
The former US envoy to Damascus tells Al Majalla how to find a path to a lasting settlement and a new place in the Middle East, from his unique perspective and first-hand experience in Assad-era talks
A US federal court has blocked Trump's tariffs and ruled that the president doesn't have unilateral authority to impose them, dealing a major blow to his economic policy
The US-based writer does not hold back in what he pens for American readers, nor is he censored. There is just one word that he is forbidden from using.
As global climate finance falters and US support disappears, the MENA region faces a widening funding gap. Now is the time to create a regional climate finance mechanism.