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
Top global monetary policy makers grapple with political pressure and fragile labour markets while investors bet on lower borrowing costs, with the next five weeks key for a range of assets
With more influence than heads of state, the chair of the US Federal Reserve has received both praise and criticism since taking over. If job growth stays strong and inflation hits 2%, he won't care.
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…
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…
The dollar fell on Wednesday ahead of a speech by Federal Reserve Chair Jerome Powell and a look at private-sector employment data for November, as it barrelled towards its biggest monthly loss since…
The U.S. dollar held onto losses on Thursday after the minutes from the Federal Reserve's November meeting supported the view that the central bank would downshift and raise rates in smaller steps…
The dollar rose on Thursday, after earlier falling to a one-month low in choppy trading ahead of an expected rate hike from the European Central Bank (ECB).
Meanwhile, the yen gained some footing…
The euro climbed back above parity against the dollar for the first time in a month on Wednesday after poor U.S. economic data reinforced speculation that the Federal Reserve will slow its interest…
Military strategists have long warned that war should be waged only if those waging it know what they want to achieve. Herein lies a problem: Washington's war aims in Iran are incoherent.
Tehran isn't likely to easily fold if/when Trump attacks. This means that the longer a military confrontation drags out, the more untenable Washington's position becomes.
The conflict has forced Russia to scale back its global footprint and NATO to boost its defence spending. Meanwhile, China and Middle powers have emerged as key beneficiaries.
Natural resources like solar, wind, and water are set to provide 36% of global electricity production this year. Even for sceptics like Donald Trump, the trends are unmistakable.
Some point to his possible links to Mossad through his associate Ghislaine Maxwell, whose father was a known Israeli spy, and assert that he blackmailed powerful figures to exert influence
Al Majalla - London
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