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Activists from Jewish Voice for Peace surround the Statue of Liberty Plaza, on November 6, 2023. AFP

The liberal international order is slowly coming apart

Its collapse could be sudden and irreversible

The Economist 19 May 2024
Director General of the International Monetary Fund, Kristalina Georgieva, while attending the World Government Summit session in Dubai on February 12, 2024. EPA

International efforts to rescue Egypt's economy intensify

A bigger IMF loan agreement and more support from the EU is expected as Cairo gets help from its allies to offset the impact of the Gaza war, amid hope among experts for fewer conditions

Marcelle Nasr 15 February 2024
Habib Bourguiba Street near the 5th of October monumental clock in Tunis. Shutterstock

Tunisia breaks with four decades of privatisation policy

Tunisia breaks with Bretton Woods policies which have been adopted by successive governments for four decades

Kawthar Zantour 27 November 2023
Balancing the dual challenges of poverty and unemployment in Tunisia is President Kais Saied's top priority. Nathalie Lees

Tunisia and IMF deal: Which way will the pendulum swing?

Looming elections and populist politics seem to be behind the impasse over talks to agree reforms to unlock much-needed funds. Tunisia's credibility is being hurt by divisions within the government.

Kawthar Zantour 13 October 2023
The IMF's failure to forewarn of Lebanon's crisis highlights its controversial history and inherent shortcomings as a lender of last resort. Dave Murray

Lebanon shows why the lack of transparency at the IMF is a huge problem

The IMF's stark failure to warn of a looming crisis in Lebanon reveals why it has long been controversial, alongside the characteristic shortcomings as the lender of last resort

Toufic Chanbour 11 October 2023
Egypt, the world's second-largest IMF borrower, has dug itself a hole. Meanwhile, Egyptian citizens are the ones trying to scramble out of it. Aliaa Aboukhaddour

‘International Misery Fund’: Egypt struggles not to fall into IMF debt hole

Egypt, the world's second-largest IMF borrower, has managed to reach several agreements, yet failed to achieve reform goals in the process. Now, Egyptians are bearing the brunt.

Marcelle Nasr 10 October 2023
IMF and World Bank policies are outdated and need to be reformed. They have only caused more misery and credit addiction in borrowing countries. Al Majalla explains. Alex William

IMF and World Bank need reform to confront today's challenges

IMF and World Bank policies are outdated and need to be reformed. They have only caused more misery and credit addiction in borrowing countries. Al Majalla explains.

Khaled Kassar 08 October 2023
The move to the top of the world economy’s most-watched league table comes as the Vision 2030 reforms cut oil dependence. While the IMF opens a Riyadh office, Saudi is sticking with some subsidies. IMF/Majalla

IMF crowns Saudi Arabia as G20’s fastest-growing economy

The move to the top of the world economy's most-watched league table comes as the Vision 2030 reforms cut oil dependence. While the IMF opens a Riyadh office, Saudi is sticking with some subsidies.

Faisal Faeq 07 September 2023
The experiences of North African countries with the International Monetary Fund (IMF) have often culminated in a failure to achieve desired results. Each has its own priorities with varied outcomes. Ewan White

Trapped in a cage of debt: A look at North Africa's complicated relationship with the IMF

North African countries' experiences with the IMF have often resulted in failure. Each country has its own specific priorities and outcomes.

Kawthar Zantour 28 August 2023
The reputation of monetary and financial policymakers can shift over time. For the governor of Lebanon's central bank, his has collapsed more suddenly, along with the country's financial sector. Axel Rangel Garcia

How a central bank’s failings led to Lebanon’s financial collapse

The reputation of monetary and financial policymakers can shift over time. For the governor of Lebanon's central bank, his has collapsed more suddenly, along with the country's financial sector.

Toufic Chanbour 08 May 2023
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IRGC soldiers march during the annual military parade marking the anniversary of the outbreak of the devastating 1980-1988 war with Saddam Hussein's Iraq, in the capital Tehran on 22 September, 2018. AFP
Politics

The US-Iran war could empower the IRGC

09 March 2026

When states are attacked, authority gravitates towards institutions capable of mobilising resources, enforcing discipline, and coordinating a military response

Alex Vatanka
A picture of Iran's new supreme leader, Mojtaba Khamenei, displayed on a screen in Tehran, amid the U.S.-Israeli conflict with Iran, in Tehran, Iran, on 9 March 2026. Majid Asgaripour / Reuters
Politics

Iran’s defiant regime picks a new supreme leader

09 March 2026

The appointment suggests the Revolutionary Guards have the upper hand

The Economist
Iran's President Masoud Pezeshkian is greeted by Egypt's President Abdel Fattah el-Sisi during the D-8 summit in Cairo, Egypt, on 19 December 2024. AFP
Politics

Egypt fears an unrestrained Israel if Iran collapses

06 March 2026

Cairo and Tehran have been at loggerheads since 1979, but the Iranian threat has always acted as a check on Israeli ambitions. If Iran is completely defeated, Israel will reign supreme.

Amr Emam
A boy plays with his sheep next to an unexploded missile that landed in an open field on the outskirts of Qamishli, eastern Syria, on 5 March 2026. DELIL SOULEIMAN / AFP
Business & Economy

Syria may escape war but not its economic fallout

08 March 2026

Even if it stays on the sidelines of the US-Iran war, the country is fragile. Unlike larger economies that can absorb shocks in global markets, it has little room to cushion the impact.

Haid Haid
The displaced Palestinian Abu Mustafa family sits together as they break the dawn-to-dusk Ramadan fast during Iftar in the Nuseirat refugee camp in the central Gaza Strip on 26 February 2026. Photo by EYAD BABA / AFP
Culture & Social Affairs

Ramadan in Gaza: food scarcity compounds suffering

03 March 2026

The iftar table, if it still exists, no longer represents joy, but anxiety and scarcity

Hala Al-Naji

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OPINIONS

A protracted Iran war multiplies risks for Trump

Brian Katulis
Brian Katulis

Why regime change in Iran is unlikely

Christopher Phillips
Christopher Phillips

The US-Iran war could empower the IRGC

Alex Vatanka
Alex Vatanka

Hormuz's effective closure cripples global oil trade

Al Majalla - London
Al Majalla - London
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