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Emergency workers check the damage caused to a building from an Iranian missile strike in Beersheba in southern Israel on June 24, 2025. John Wessels / AFP

Counting the cost of the Israel-Iran war

The recent Israel-Iran war is not just a regional flashpoint; it is a mirror reflecting the fragility and interdependence of the modern global economy

Abdel-Rahman Ayas 25 June 2025
Vito Ansaldi

Trump tariffs ignite global recession fears

In one of the first major economic forecasts since the US president waged his tariff war, the IMF has downgraded growth forecasts, much to the chagrin of countries still reeling from past crises

Sharif Mohammad 25 April 2025
Diana Estefanía Rubio

The dollar still rules the global economy

Today, the US dollar is the most prominent currency in the world. This is tied to the fact that the US has the largest economy, along with the dollar’s use globally, as most countries worldwide rely…

Al Majalla - London 25 February 2025
Diana Estefanía Rubio

State-based armed conflict tops WEF Global Risks Report

The global outlook in 2025 is increasingly fractured across geopolitical, environmental, societal, economic and technological domains, according to The Global Risks Report 2025 by the World Economic…

Al Majalla - London 28 January 2025
Diana Estefanía Rubio

Global business insolvencies on the rise

Global business insolvencies are forecast to increase by more than 11% in 2024 and to peak with a rise of 2% in 2025, according to Allianz Trade’s Global Insolvency Outlook 2024.Looking ahead to 2025…

Al Majalla - London 10 December 2024
Diana Estefanía Rubio

Global gold production on the rise

Global production of gold reached approximately 3,000 metric tonnes in 2023. China, Australia, Russia, Canada, and the United States were, respectively, the largest producers of gold in the world…

Al Majalla - London 07 May 2024
Diana Estefanía Rubio

Submarine cables: The arteries of the global economy

Submarine cables play a pivotal role in the global digital infrastructure, facilitating the transmission of internet data, communications, and artificial intelligence across an extensive network of…

Al Majalla - London 12 March 2024
Diana Estafana Rubio

2024 outlook on global inflation remains uncertain

With inflation impacting markets and international interest rates for more than a year, the outlook on inflation remains uncertain. However, the International Monetary Fund (IMF) expects most…

Al Majalla - London 03 January 2024
A Palestinian inspects the ruins of the destroyed Sheikh Zayed Mosque following Israeli air strikes on the northern Gaza Strip, November 4, 2023. More than ten thousand Palestinians were killed. EPA

Global economic decline likely as Gaza war rages on

The Western and European media machine, distorting the Gaza war and demonising Muslims, will only contribute to a decline in investor moods and a dive in the global economy.

Mohamed Sharki 24 November 2023
While the human toll of the war has been insufferable, the economic repercussions are also devastating and may be irreversible. Sebastien Thibault

The economic impact of Israel's war on Gaza

While the human toll of the war has been insufferable, the economic repercussions are also devastating and may be irreversible.

Karen E. Young 13 November 2023
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US President Donald Trump meets Russian President Vladimir Putin to negotiate for an end to the war in Ukraine in Anchorage, Alaska, on August 15, 2025. REUTERS/Kevin Lamarque
Politics

Putin rides high after Alaska

18 August 2025

Seven instances that showed the Russian leader had the upper hand during his meeting with Trump

Robert Ford
David Corenswet in 'Superman'
Culture & Social Affairs

The new 'Superman' is not as pro-Palestine as some think

20 August 2025

The depiction of a land-grabbing colonialist power turning on its weaker neighbour feels aimed at Israel, its advocates say. Yet supporters of Palestine should be up in arms, too.

Samer Abou Hawwach
US Ambassador to Türkiye Tom Barrack, also special envoy to Syria, fields questions from journalists after meeting with Lebanese President Joseph Aoun at the presidential palace in Baabda, Lebanon, on August 18, 2025. REUTERS/Mohamed Azakir
Politics

Lebanon at a crossroads over Hezbollah arms

18 August 2025

US envoy to Syria Tom Barrack used his latest visit to Beirut to deliver what was, in effect, an ultimatum to the Lebanese government, though he took care not to present it as such

Michael Harari
A Saudi Aramco rig in the HSBH field north of Dhahran in the eastern province of Saudi Arabia. AFP
Business & Economy

The Arab Gulf’s gas moment

21 August 2025

The Arab Gulf is stepping into a pivotal role in global energy markets—not just as a swing oil supplier, but as a gas powerhouse

Neil Quilliam
Britain's Prime Minister Keir Starmer makes an address following an emergency cabinet meeting on Gaza at 10 Downing Street in London on July 29, 2025. Toby Melville / AFP
Politics

Performative politics: Palestine recognition pledges ring hollow

18 August 2025

The moves by France, the UK and other Western states appear to be more about appeasing domestic critics with symbolic gestures rather than a genuine attempt to change Israel's behaviour

Christopher Phillips

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OPINIONS

New details emerge on Kamal Jumblatt's assassination

Ibrahim Hamidi
Ibrahim Hamidi

Why some wars are quickly resolved and others left to linger

Houssam Itani
Houssam Itani

Tariffs and minerals: when trade and resource wars collide

Mohamed Sharki
Mohamed Sharki

Kamal Jumblatt’s letter to Assad days before he was killed

Al Majalla - London
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