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النسخة العربية
  • Politics
  • Culture & Social Affairs
  • Business & Economy
  • Science & Technology
  • Tag
  • Hyperinflation

Adrián Astorgano

Why people flock to the dollar when local currencies collapse

An estimated 60% of all US banknotes in circulation are held outside the United States. In many parts of the world, the dollar is effectively the unofficial local currency. Al Majalla explains why.

Abdel-Rahman Ayas 06 June 2026
A customer receives the new $5 ZiG, short for Zimbabwe Gold, coins as change from a cashier in a leading supermarket in Harare on April 30, 2024. Jekesai NJIKIZANA / AFP

Perception and price inflation: two sides of the same coin

Psychology shapes economic behaviour, with effects as wide-ranging as a run on a bank to a long-term investment. Today, the value of money rests as much on public belief as on policy.

Abdel-Rahman Ayas 06 October 2025
  • Popular
  • Editor's Pick
Al Majalla/Reuters
Politics

A Houthi takeover of Bab al-Mandab cannot be tolerated

12 September 2026

The Iran-backed group's effective takeover of Yemen's western coast comes with serious regional and global implications. The world needs to act.

Alice Gower
Pete Reynolds
Politics

Inside Assad’s nuclear secrets

09 September 2026

Al Majalla reveals the structure of Syria's nuclear programme 19 years after Israel bombed the Al-Kibar reactor, detailing the involvement of other states and the assassinations that followed

Al Majalla - London
Underwater image of a diver among fish at the North Seymour Island dive site in the Galapagos archipelago, Ecuador, taken on 8 March 2024. ERNESTO BENAVIDES / AFP
Business & Economy

The global race for rare earths reaches the ocean floor

07 September 2026

A critical mineral found on Japan's seabed has caught US attention, and the two are teaming up to see whether it can yield future benefits and reduce their dependence on China

Abdulfattah Khattab
Al Majalla/Reuters
Politics

The murky origins of al-Qaeda explained

09 September 2026

Thousands of Muslim volunteers flocked to Afghanistan in 1979 to fight the Soviets in response to a rallying cry, aided by the largest covert operation in CIA history

Steve Hewitt
Susan Sarandon in Echo Chamber ANDREA MICONI
Culture & Social Affairs

Susan Sarandon on fear, freedom, and refusing to change

08 September 2026

The renowned American actress tells Al Majalla about her gnawing drive for justice at the Venice Film Festival, where her new film 'Echo Chamber' premiered

Leila Amar

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OPINIONS

Only China, India, and Russia can end the Iran war

Amir Handjani
Amir Handjani

El Niño: the climate phenomenon in the Pacific disrupting the world

Al Majalla - London
Al Majalla - London

The new AI divide and Saudi Arabia’s balancing act

Marco Mossad
Marco Mossad

Al Majalla's Film Watch

Wael Said
Wael Said
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