ع
Sections
  • Politics
  • Culture & Social Affairs
  • Business & Economy
  • Science & Technology
  • Documents & Memoirs
Regions
  • Gulf
  • MENA
  • Europe
  • USA
  • Asia
  • World
More
  • Videos
  • Cartoons
  • World in photos
  • Infographics
  • Profiles
  • Newsletter

LATEST ISSUE

Latest Issue
Magazine Archive
النسخة العربية
  • Politics
  • Culture & Social Affairs
  • Business & Economy
  • Science & Technology
  • Tag
  • budget deficit
Stock markets are reacting to an uptick in US inflation, suggesting that President Donald Trump's tariffs are beginning to feed into the American economy. Angela Weiss/AFP

Trump still betting on tariffs to shrink America’s trade deficit

In his latest missive, the US President has threatened 100% duties on Russia and its trading partners, which includes some big American allies. It's 'stick-or-twist' time for the White House.

Mohamed Sharki 17 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
Former Tunisian Minister of Finance, Siham Al-Boughdiri Namsia, presents the state’s general budget for 2022, Tunisia, December 28, 2021.
 AFP

Tunisia's 'IMF shadow' disappears with Nemsia's sacking

The unexplained dismissal of the finance minister leaves more questions than answers as the highly indebted country seeks to avoid a 2025 default

Kawthar Zantour 26 February 2025
Eduardo Ramon

Moving from crisis to hope: Egypt’s economy in 2025

After dramatic action from the central bank, an $8bn IMF loan and a $35bn development deal, Cairo aims to bounce back in the new year, but faces both familiar and new problems first

Marcelle Nasr 04 January 2025
The Saudi capital, Riyadh, on November 15, 2024. Reuters

Saudi Arabia’s 2025 budget balances spending with stability

Another deficit is likely, but it will be in line with EU standards, say Saudi ministers keen to keep investing in the Kingdom's economic diversification away from oil and towards Vision 2030

Maher Chmaytelli 11 December 2024
Morocco's 2025 Budget has impressed some, not others. Shutterstock

Only bold on paper? Morocco’s $73bn budget for 2025

Lots to shout about, say the government. Not enough for the ordinary Moroccan, say the opposition. Let's wait and see what happens on the world markets, say the economists

Mohamed Sharki 03 December 2024
Al Majalla

Syria’s 2025 budget is bigger but light on subsidies and detail

Damascus has artificially lowered prices for years, but Syrians today cannot afford basics like fuel without them, meaning its budget has become a delicate balancing act

Joseph Daher 14 November 2024
Lina Jaradat

Depleting funds highlight Kuwait's oil dependency dilemma

Streamlining the public sector, enhancing the role of the private sector, and reviewing financial policies away from sovereign funds are just some of the reforms needed. Time is running out.

Amer Ziab Al-Tamimi 08 July 2024
Kuwait needs to shrink its public sector and use privatisation to cut its dependence on oil revenue. Reform will only become more difficult as the world moves to alternative energy. Shutterstock

After brief surplus, Kuwait's national budget back in the negative

Kuwait needs to shrink its public sector and use privatisation to cut its dependence on oil revenue. Reform will only become more difficult as the world moves to alternative energy.

Amer Ziab Al-Tamimi 07 September 2023
A picture taken on December 16, 2020 shows newly constructed towers in Riyadh, the Saudi Arabian capital and main financial hub. (Getty)

MENA Countries Must Diversify Income to Address Deficit

The World Bank has recently warned that economies of the Middle East and North Africa (MENA) region are suffering a sudden accumulation of public debt owing to challenges caused by the coronavirus …

Hatem Khedr 09 April 2021
  • Popular
  • Editor's Pick
Barbara Gibson
Politics

China’s Victory Day Parade: symbolic or seismic?

05 September 2025

Beijing would like the week to mark a historic turning point in which a unipolar world finally gave way to multipolarity. To others, it was just tub-thumping bravura. In reality, it was a bit of both.

Shirley Ze Yu
Business & Economy

Syria’s post-Assad energy quandary

01 September 2025

The country now sits at an energy crossroads: will its recovery be anchored in oil and gas, or will it seize the chance to lean into renewables and build something more resilient?

Jesse Marks
Pep Boatella
Politics

Disarming Hezbollah: will Lebanon seize or squander its opportunity?

02 September 2025

After Israel dealt Iran and its regional axis a string of crippling blows last year, Lebanon now finds itself better-positioned to reclaim its eroded state sovereignty. Will it grab the chance?

Frederic C. Hof
Al-Ma'arri in his residence as depicted in a 1965 book Wikipedia Commons
Culture & Social Affairs

Al-Ma’arri’s satirical poetry reimagined for today's readers

02 September 2025

Recent books from Yemen, Egypt, and Syria take a new look at the 10th-century philosopher's famed letter 'The Epistle of Forgiveness', which is said to have inspired Dante's 'Divine Comedy'

Ali Almuqri
Local residents walk past a house destroyed by an earthquake that killed nearly 1,000 people and devastated villages in eastern Afghanistan, on September 1, 2025. AFP
Politics

For Afghan quake victims, sympathy came faster than help

04 September 2025

An earthquake in Afghanistan earlier this week levelled entire villages and left people trapped under rubble for days, but in the shadow of the Hindu Kush, saviours were thin on the ground

Kaswar Klasra

Sign up for the Weekly Newsletter

Get the best of Al Majalla, straight to your inbox.

Your newsletter subscriptions are subject to Al Majalla privacy policy and terms and conditions.

OPINIONS

Israel’s killing of journalists is an attack on truth itself

Houssam Itani
Houssam Itani

Social media influencers are now passing as journalists

Alia Mansour
Alia Mansour

Ending wars in exchange for minerals: a new US model?

Sergey Eledinov
Sergey Eledinov

Hugs and hand-holding: Modi sends signals to Trump in Tianjin

Shakir Husain
Shakir Husain
MORE FROM OPINIONS
logo
  • Politics
  • Culture & Social Affairs
  • Business & Economy
  • Science & Technology
  • Documents & Memoirs
  • Gulf
  • MENA
  • Europe
  • USA
  • Asia
  • World
  • Videos
  • Cartoons
  • World in photos
  • Infographics
  • Profiles
  • About Al Majalla
  • Al Majalla Team
  • Terms of Service
  • Privacy Policy
  • Contact us
logo

© Al Majalla Magazine. All Rights Reserved.

0:00:00
0:00:00