As US monetary policy enters a new phase and amid White House pressure for the Fed to lower interest rates, a trusted Wall Street insider with government experience has been asked to step up
After a period of rapid price rises and surging interest rates, most of the world’s major central banks are now sufficiently confident about the trajectory of inflation to start bringing interest…
Unusual selloffs, concern about jobs, and questions over interest rates led to a recent global panic, with some big firms losing $300bn overnight. Then the world righted itself. What does it tell us?
Most major Gulf stock markets fell on Sunday amid fears of a potential global recession and volatile oil prices, but Egypt continued to rise after its central bank kept its overnight interest rates…
The Central Bank of Egypt (CBE) kept its overnight interest rates steady on Thursday, hours after a new governor was named to replace Tarek Amer, who quit unexpectedly on Wednesday.
President…
Military strategists have long warned that war should be waged only if those waging it know what they want to achieve. Herein lies a problem: Washington's war aims in Iran are incoherent.
Tehran isn't likely to easily fold if/when Trump attacks. This means that the longer a military confrontation drags out, the more untenable Washington's position becomes.
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.
Natural resources like solar, wind, and water are set to provide 36% of global electricity production this year. Even for sceptics like Donald Trump, the trends are unmistakable.
Some point to his possible links to Mossad through his associate Ghislaine Maxwell, whose father was a known Israeli spy, and assert that he blackmailed powerful figures to exert influence
Al Majalla - London
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