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Ultra-Orthodox Jewish men inspect the damage at the site of an Iranian missile strike in Bnei Brak, east of Tel Aviv, on June 16, 2025. OHN WESSELS / AFP

How the Israel-Iran flare-up is impacting the global economy

From spiking crude to dwindling confidence, the sudden and unprecedented escalation between these two regional powers has sent markets into a tailspin

Abdel-Rahman Ayas 16 June 2025
People sit at an outside restaurant area, as the coronavirus disease (COVID-19) restrictions ease, at Covent Garden in London, Britain April 12, 2021. REUTERS/Henry Nicholls

UK Services Sector Downbeat in Face of Record Costs - CBI

Britain's services businesses reported a record increase in costs over the past three months and are downbeat about the future, as inflationary headwinds look set to squeeze demand further, the…

30 August 2022
  • Popular
  • Editor's Pick
Pete Reynolds
Politics

Ukraine: the war that shook the world

23 February 2026

The conflict has forced Russia to scale back its global footprint and NATO to boost its defence spending. Meanwhile, China and Middle powers have emerged as key beneficiaries.

Christopher Phillips
Reuters / Al Majalla
Politics

Trump has few good options on Iran

16 February 2026

As the US and Iran head to talks in Geneva, competing forces are pulling Trump in opposite directions. There are only two "good" scenarios in front of him, and neither will be easy to achieve.

Michael Horowitz
Reuters / Al Majalla
Business & Economy

Donald Trump answers a Supreme Court rebuke with new tariff threats

21 February 2026

The immediate economic impact will be more uncertainty

The Economist
Reuters-Al Majalla
Politics

Ex-Prince Andrew's arrest rocks the British monarchy

20 February 2026

His arrest is the first for a British royal in modern history and comes after it was revealed he had passed confidential state documents to US financier and sex offender Jeffrey Epstein

Con Coughlin
Aliaa Aboukhaddour
Culture & Social Affairs

The Kuwaiti collector preserving Fairuz's legacy

16 February 2026

Faris Al-Muhanna dreams of one day creating a digital archive to safeguard the history and memory of Lebanon's most iconic artist for future generations

Charbel Khoury

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OPINIONS

Renewables on track to redefine global energy

Mohammed Mansour

Gulf economies are leaning less on oil

Abdulfattah Khattab
Abdulfattah Khattab

Iran’s strategy for war with the US

Bilal Saab
Bilal Saab

Huckabee's 'they could take it all' statement enrages Arabs

Fares Garabet
Fares Garabet
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