A big rise in spending in nominal terms says much more about the collapse of the pound than government spending power, as it continues to drop subsidies, including on fuel, deepening poverty rates
Economic reform is key to the future of a region which needs to diversify away from dependency on oil, or a reliance on international funding. There has been both resistance and progress so far.
A new report highlights how the damage caused by the quake ate up a third of Syria's national 2022 GDP. Also, 6,392 people were killed and 170,000 displaced in the catastrophe.
Turkey has been forcing people for almost a year now to trade using its local currency in different Syrian regions that lie on its southern border and are under its army’s control. Likewise, these…
The strait carries up to 20% of the world's oil exports at around 20 million barrels of oil each day. Any closure could cost the global economy greatly, even if only for a short time.
De-escalation is in the overwhelming interest of most countries in the region and the world, and we could see many extend a hand to help bring the conflict to an end
Trump and Netanyahu disagree on whether to use military force to stop Iran's nuclear programme, and Israel's punishing attack on Iran places the region on a worrisome trajectory