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Central Bank of Egypt's headquarters is seen in downtown Cairo, Egypt, June 7, 2017. REUTERS/Mohamed Abd El Ghany

Egypt's Currency Slides as IMF Deal Triggers New FX Regime

Egypt's pound slid 13.5% to a record low against the dollar on Thursday as authorities announced a $3 billion International Monetary Fund deal with a commitment to a "durably flexible exchange rate…

27 October 2022
A street trader arranges fresh vegetables and fruit on a street in Pietermaritzburg, South Africa May 21, 2017. REUTERS/Rogan Ward

Global Inflation Causing 'Horrifying' Food Insecurity, Says IMF Africa Head

Africa's central banks are walking a tightrope trying to curb inflation that is mostly out of their control and causing "horrifying" food insecurity, the International Monetary Fund's Africa head…

14 October 2022
Representative Image Image Credit: ANI

Protesters Outside IMF, World Bank Meeting Venues Demand Urgent Climate Action

Dozens of protesters demonstrated outside the annual meetings of the International Monetary Fund and the World Bank in Washington D.C. on Thursday, expressing opposition to funding of fossil fuels…

13 October 2022
The International Monetary Fund Managing Director, Kristalina Georgieva, speaks at a conference in Riyadh, Saudi Arabia, October 3, 2022. REUTERS/Ahmed Yosri

Global Recession Can Be Avoided With Right Fiscal Policies -IMF's Georgieva

Global recession can be avoided if governments' fiscal policies were consistent with monetary policy tightening, but likely there would be countries falling into recession next year, the…

03 October 2022
A customer stands in front of empty shelves for some coffee products inside a supermarket in Tunis, Tunisia September 3, 2022. REUTERS/Jihed Abidellaoui/File Photo

Tunisian Labour Union Warns of Strikes As IMF Talks Loom

Tunisia's powerful UGTT labor union has no deal with the government on reforming subsidies and publicly owned companies and will lead street protests over any "painful" changes, it said on Monday,…

03 October 2022
Lebanese caretaker Minister of Economy and Trade Amin Salam speaks during a press conference after his meeting with a delegation from the International Monetary Fund, in Beirut, Lebanon, Tuesday, Sept. 20, 2022. Salam said crisis-hit Lebanon hopes to adopt key reforms demanded by the International Monetary Fund for a bailout including banking restructuring and banking secrecy laws before the end of next month if there is "political will." (AP Photo/Bilal Hussein)

Lebanon Aims To Adopt Long-Delayed IMF Reforms in October

Crisis-hit Lebanon hopes to adopt key reforms demanded by the International Monetary Fund for a long-delayed but urgently needed bailout before the end of next month if there is “political will”,…

AP 20 September 2022
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03 November 2025

Al Majalla examines key developments in the US and across the globe less than a year into Trump's second presidential term

Al Majalla - London
AFP-Reuters-Eduardo Ramon
Politics

Zohran Mamdani becomes first Muslim mayor of New York

04 November 2025

The 34-year-old socialist's win is a seismic development, proving that tax rises for the rich to fund social programmes, and unwavering advocacy for Palestinian rights, are politically viable stances

Tarek Rashed
Details of the remains of Palestinians released by Israel are shown on a screen in order to help family members to identify their relatives, at the Nasser hospital in Khan Yunis in the southern Gaza Strip on 18 October 2025. OMAR AL-QATTAA / AFP
Politics

Closure denied: the agonising search for Gaza's vanished

05 November 2025

Those who are able to bury their dead are among the lucky. For others, not knowing the fate of their missing loved ones or receiving mutilated corpses impossible to identify adds insult to injury.

Salem Al Rayyes
Syrian novelist Khalil al-Neimi Supplied
Culture & Social Affairs

Khalil al-Neimi: All I can do is expose what I see

02 November 2025

After 54 years in exile, a prominent Syrian novelist returns to a Damascus he no longer recognises 

Khalil Sweileh

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OPINIONS

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