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النسخة العربية
  • Politics
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  • US debt

Supporters of Donald Trump hold a sign about the border wall with Mexico before Trump speaks at a campaign rally in Florida on 11 October 2023. Trump has now allocated $46bn to build it. AFP

Still beautiful? Trump’s tax cuts and spending plans look ominous

The One Big Beautiful Bill Act, or OBBBA for short, will raise the fiscal deficit from 6.4% to more than 7% of GDP, pushing up long-term interest rates. Look to the bond markets for honest reactions.

Toufic Chanbour 16 July 2025
A billboard in the middle of a public street shows the size of the US debt, December 30, Washington, D.C., 2024. AFP

Why US ‘white swan’ debt can't be wished away by cuts

With an average monthly fiscal deficit of $150bn, there are no good options for Donald Trump, who boasts of defaulting on debt in corporate life. Will he do the same with America's $36tn I-O-U pile?

Toufic Chanbour 29 March 2025
  • Popular
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Reuters-Al Majalla
Politics

Six factors shaping Trump’s calculus on Iran

27 January 2026

From a US military build-up in the region to Trump's growing unpopularity at home, several factors could influence his decision on whether or not to attack

Brian Katulis
A salesman displays gold chains, at Jos Alukkas jewellery store in Bengaluru on 17 September 2025. Idrees MOHAMMED / AFP
Business & Economy

Gold hits record high of $5,100 as traders seek safety

27 January 2026

Investors' flight into precious metals is symptomatic of the economic upheaval and uncertainty being causes by US President Donald Trump and his trade wars

Mohamed Sharki
Al Majalla
Politics

'Gaza has broken every record of modern warfare'

23 January 2026

Former Médecins Sans Frontières president Rony Brauman explains to Al Majalla how Israel's war on Gaza has produced unprecedented suffering and exposed the collapse of international law

Elie Kossaifi
Opinion

Four miscalculations by the SDF

26 January 2026

Recent events do not mean the end of the SDF as a local actor, but rather the end of a political chapter built on outdated assumptions. The next chapter will be more fluid and unpredictable.

Ibrahim Hamidi
Lebanese pop star Haifa Wehbe performs during the Batroun International Festival in the coastal city of Batroun, north of Beirut. ANWAR AMRO / AFP
Culture & Social Affairs

Lebanon finds an anthem out of the reach of drones

26 January 2026

The economy is a mess and the politics are askew but the Lebanese are once again learning how to celebrate, these days to the tune of Badna Nrou, meaning 'We need to calm down'

Samer Abou Hawwach

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OPINIONS

The end of the SDF's anti-IS role leaves it vulnerable

Haid Haid
Haid Haid

America’s Western allies hedge their bets

Christopher Phillips
Christopher Phillips

Cutting waste: Saudi Arabia paves the path toward circularity

Faisal Faeq
Faisal Faeq

Attacking Iran could undermine regime change efforts

Con Coughlin
Con Coughlin
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