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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
Politics

Iran-Houthi escalation could backfire. Here is how

05, Oct 2026

The more Iran and its regional allies try to corner Yemen's government, the more international support it is getting to fight back

Ibrahim Jalal
Turkish Foreign Minister Hakan Fidan, Pakistan's Deputy Prime Minister and Foreign Minister Mohammad Ishaq Dar, and Saudi Arabia's Foreign Minister Prince Faisal bin Farhan Al Saud in Riyadh, Saudi Arabia, on 5 October 2026. Turkish Foreign Ministry/Handout via REUTERS
Politics

The Mecca Defence Alliance faces its first practical test

07, Oct 2026

Türkiye and Pakistan have stepped up to help Saudi Arabia after it came under attack from the Houthis. The trio's coordination comes at a crucial time

Kaswar Klasra
Nash
Politics

After October 7: new faces, changing maps

08, Oct 2026

Al Majalla examines this changed landscape—from Israel's domestic political scene to its external ambitions, where it occupies large swathes of new territory in the West Bank, Lebanon and Syria

Al Majalla - London
Al Majalla
Business & Economy

Why Europe’s gold is on the move

07, Oct 2026

Headlines have centred on the flight of bullion while commentators have speculated about the prompts. The reality is a little more nuanced

Abdulfattah Khattab
Culture & Social Affairs

The 9 Arab films vying for an Oscar

08, Oct 2026

From Gaza to Egypt, Lebanon, Morocco, Jordan, Iraq, and Algeria, this year's Arab Oscar submissions explore stories of conflict, displacement, memory, and survival

Wael Said

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OPINIONS

The threat of Iran’s European networks

Lina Khatib
Lina Khatib

Gaza art exhibit reinterprets the meaning of home

Houssam Marouf
Houssam Marouf

Can Gulf banks fund postwar recovery?

Amer Ziab Al-Tamimi
Amer Ziab Al-Tamimi

Eight tests for the Trump-Xi 2026 détente

Shirley Ze Yu
Shirley Ze Yu
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