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…
A two-week truce has sparked a cautious market rebound, but deep anxiety persists over renewed escalation and its impact on global growth and inflation
Sources tell Al Majalla that Iran was able to build a rapport with US Vice President JD Vance in Islamabad, but sensed his hands were tied in the presence of Trump's son-in-law and close friend
The first is on the border against Israel, which seeks to seize their land and drive them northwards; the second is within Lebanon itself, against a state that seeks to marginalise them