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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
US Secretary of State Marco Rubio, Libyan National Army Deputy Commander Saddam Haftar, and Trump advisor Massad Boulos in Washington on 29 June, 2026. @US_SrAdvisorAF/X
Politics

US plan for Libya: unification or management of division?

26 June 2026

A US envoy wants the institutions of western Libya to accommodate the son of an eastern warlord as Libyan president. Is this another doomed effort to unite the feuding factions, or could it work?

Areig Elhag
Dave Murray
Science & Technology

More than a game: a look inside the mind of a football fan

30 June 2026

As the FIFA World Cup 2026 shows, identity, belonging, and tension combine to make football fandom unlike any other sport. So, what is going on in fans' brains?

Alaa Emara
A fighter loyal to Sudan's army chief Abdel Fattah al-Burhan holds up a weapon backdropped by the minaret of a mosque, during a graduation ceremony in the southeastern Gedaref state on 27 May 2024. AFP
Politics

The quiet push to finally end Sudan's civil war

29 June 2026

External actors and some domestic parties are believed to be working behind the scenes towards a settlement. Why now?

Shawgi Abdelazim
Chinese President Xi Jinping stands in the centre of the hall during the China-Africa forum at the Great Hall of the People in central Beijing, on 5 September 2024.
 AFP
Business & Economy

China doubles down on Africa with its zero-tariff policy

01 July 2026

Beijing's duty-free access for African exports promises mutual economic gains, but more importantly, it deepens its strategic influence across the continent

Rabia Abdul Salam
Eduardo Ramon
Politics

Why siccing Syria's army on Hezbollah is so dangerous

28 June 2026

If Trump's idea is implemented, it would all but certainly further undermine regional stability and US interests in the Middle East

David Schenker

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OPINIONS

Fighting in the Gulf renews focus on the Strait of Malacca

Abdel-Rahman Ayas
Abdel-Rahman Ayas

Xi Jinping and China’s deferred succession question

Charbel Barakat
Charbel Barakat

Iran is taking its proxy tactics and applying them to Hormuz

Alia Mansour
Alia Mansour

Syria cannot counter incitement with opaque and selective arrests

Haid Haid
Haid Haid
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