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 return of an unpredictable president will stir up global geopolitics for US allies and opponents alike in a world already much changed since he was last in office
The former professor and diplomat was elected to oversee the International Court of Justice in The Hague less than a year before his country came calling. Who is he, and how will he approach his task?
For months, Netanyahu has touted that he would not relent until he secures "total victory" over Hamas. But with the group still standing after the truce, it has essentially won.
As Ukraine pulls the plug on a major route for Russian gas into Europe, Türkiye and America stand to gain, but where does that leave Arab suppliers and Europe's consumer states?
In Part 1 of a two-part interview, Ahmed al-Dalati from Syria's Military Operations Command tells Al Majalla how the rebels prepared for the ouster, including building homemade drones