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…
In one of the first major economic forecasts since the US president waged his tariff war, the IMF has downgraded growth forecasts, much to the chagrin of countries still reeling from past crises
After the euphoria of liberation has worn off, Syrians are now confronted with the daunting task of rebuilding a country ripped apart by a decade-long war. It will be a long road, but there is hope.
Uncle Zezo, Uncle Mickey, and Dr Alloush perform in displacement shelters and hospitals, striving to restore fragments of a joy last felt in 2023. Al Majalla meets them.