Fighting between Iran and Israel impacted North Africa, where surging prices may disrupt budgets and plans. But for North Africa's energy exporters, higher oil prices are a reason to cheer.
A rapidly growing economy usually brings rounds of cheers. Business is booming, innovation reaches new heights, and buyers can't get enough. But when that growth accelerates too fast, inflation isn't…
Wars or military confrontations always come with dramatic, impactful changes. The economy is the most fragile or the weakest link that can be shaken with the first sign of instability. Unprecedented…
“From time to time, my wife surprises me with a shopping list a few minutes before I leave the office. It’s hassling to drop by the supermarket in the rush hour. I resort to grocery and supermarket…
The Saudi banking sector is facing new competitors. The competition is coming from fintech (financial technology) and financing firms that are taking a slice of the banking business. The accelerating…
In retrospect, the most significant outcome of COP26—the UN Conference on Climate Change that convened in Glasgow on October 31, after a year-long postponement—may not have been the formal agreement…
Last year, as the first COVID-19 vaccines began to roll out, I predicted in Foreign Affairs that the global economy would come roaring back and eventually usher in a new golden age of globalization…
Retail jobs are among the most common in the U.S. economy. During the pandemic, these workers have been face-to-face with the shopping masses likely to be carrying and spreading COVID-19. So when…
Dozens of people chanted slogans during rallies across Iran to protest the regime’s involvement in regional disputes that have only wasted the country’s resources.
“Neither Gaza nor Lebanon, we…
“Buying a vehicle, new or used, has become more difficult than before. The biggest car dealers told me I had to book the car 3 to 6 months before I receive it. I was told that car manufacturers are…
Turkey’s President Recep Tayyip Erdogan said on January 3 that he will travel to Saudi Arabia next month.
“I received an invitation from Custodian of the Two Holy Mosques King Salman bin…
Netanyahu did not realise his goal of ending Iran's nuclear programme and regime change, and Iran stood alone in its war with Israel, as global and regional allies left it to fend for itself
For decades, Iran's supreme leader—first Khomeini, then Khamenei—pursued a strategy of backing regional militias to fight Israel, but with the 'resistance axis' in tatters, Iran is left to fight alone