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…
There was visible warmth when the US and Syrian presidents met in the Oval Office last month, with some even speculating a Trump visit to Damascus. But there is much to do before that happens.
Following the unprecedented attacks on Qatar, Gulf leaders have pledged to forge a unified defence front, marking a historic shift from cautious neutrality to collective security
What began as a locally rooted trade in coca leaves and opium evolved into a transnational system of cartels that challenged governments, corrupted institutions, and destabilised countries
When Israel killed a Hezbollah military chief in late November, one GBU-39 bomb failed to detonate, leaving Washington worried that its adversaries could reverse engineer it
With her collection 'Con' having won Spain's 2025 National Poetry Prize, the Galician writer spoke to Al Majalla about the process of creation as she works on her first novel.