The International Monetary Fund (IMF) has given the US economic growth forecast its biggest downgrade among advanced economies for this year, citing uncertainty caused by trade tariffs imposed by US…
German companies expect only a mild recession next year despite headwinds from the energy crisis, raw material shortages, and a tepid global economy, a survey of major associations published on…
The Federal Reserve will deliver more interest rate hikes next year even as the economy slips towards a possible recession, Fed Chair Jerome Powell said on Wednesday, arguing that a higher cost would…
Japan will take "unprecedented" measures to curb rising electricity bills for households and businesses as a weak yen fans inflation and global recession fears pose big risks to the economy, Prime…
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…
Contraction in the eurozone economy for a second straight month pinned the single currency to a 20-year low against the dollar on Tuesday, with surging gas prices adding to misery dragging Europe…
Oil prices were largely steady on Monday as a relatively tight global supply picture competed with fears of a recession and a rising dollar.
Brent crude futures for October settlement fell 34…
Oil hit a six-month low on Wednesday after a brief rally as concerns about the prospect of a global recession that would weaken demand overshadowed a report showing lower U.S. crude and gasoline…
Trump elevates Saudi Arabia to 'major non-NATO ally' status, but bigger issues of normalisation with Israel and a binding security treaty need more time. Nonetheless, this is a huge step forward.
Media reports show pro-Hezbollah charities using online platforms to solicit donations via digital wallets to circumvent sanctions. In Lebanon's cash economy, that is a dangerous game to play.
In Part 1 of a two-part interview with Al Majalla, Syria's foreign minister explains how the Assad regime fell and how President Ahmed al-Sharaa went from a wanted man to a world leader
The Arab world's connection to the cartoon series remains uniquely intimate. No other animated comic hero has achieved the same level of fame, resonance, and longevity.