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Al Majalla

Revaluing US gold reserves comes with pros and cons

Fort Knox's undervalued bullion could help the nation with its debt if it is given a more up-to-date price tag, some say. Others think it could lead to a global monetary realignment.

Toufic Chanbour 07 November 2025
Ewan White

Why some Germans want to repatriate their gold from the US

Where one's gold sits is not just a matter of security, prestige, or practicality; it is a matter of trust and confidence, both of which seem to be in short supply as a result of Donald Trump's polici

Toufic Chanbour 04 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
The decision to cut interest rates not by 0.25% but by 0.5% lets industry and money markets breathe a sigh of relief after two years of stress and turmoil. Eduardo Ramon

What do US interest rate cuts mean for the economy and election?

Donald Trump will not be happy but Kamala Harris could benefit from this week's decision along with borrowers, consumers, and investors

Khaled Kassar 19 September 2024
 Shutterstock

The gleaming of gold in global markets suggests volatility ahead

A safe haven in turbulent times, there are deeper reasons why gold still shines, including a possible role in finding a dollar alternative, but drawing lessons from the past is increasingly difficult.

Toufic Chanbour 29 May 2024
Federal Reserve Board Chairman Jerome Powell speaks during a news conference following the announcement that the Federal Reserve raised interest rates by half a percentage point, at the Federal Reserve Building in Washington, U.S., December 14, 2022. REUTERS/Evelyn Hockstein

Fed's Powell Says Inflation Battle Not Won, More Rate Hikes Coming

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…

14 December 2022
The Federal Reserve building is pictured on Tuesday August 6, 2019. (Getty)

The Twilight of America’s Financial Empire

When Iraqi lawmakers voted to expelU.S.forces from the country earlier this month, the Trump administration’s response was swift and forceful: it refused to withdraw and, for good measure, threatened…

Henry Farrell and Abraham Newman 31 January 2020
  • Popular
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Al Majalla
Politics

Israel's race for regime change in Iran

03 March 2026

Israel knows its military operation cannot last forever, so it is racing to either kill or fatally wound the Islamic Republic before the clock runs out

Michael Horowitz
Al Majalla
Business & Economy

Oil prices soar as US-Iran war sparks supply worries

04 March 2026

European gas prices have jumped by 30% after some big GCC oil and gas producers cut supplies, and now a vital maritime trade route is being threatened. The stakes have seldom been higher.

Thuraya Shahin
Deena So Oteh
Politics

Khamenei's killing opens up a strategic abyss

01 March 2026

Gulf states' delicate balancing act—maintaining security partnerships with the US while cautiously reopening channels to Iran—has been shattered

Ramzy Ezzeldin Ramzy
Al Majalla
Profiles

Alireza Arafi: the cleric charged with selecting Iran's next Supreme Leader

02 March 2026

A clerical member of the Guardian Council, he was selected to serve on the Leadership Council along with President Masoud Pezeshkian and Chief Justice Gholamhossein Mohseni Ejei

Alex Vatanka
Reuters /Al Majalla
Politics

Trump is betraying his base by waging war on Iran

02 March 2026

Voters were promised America First, not Bush-era interventions

Emma Ashford

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OPINIONS

Ramadan in Gaza: food scarcity compounds suffering

Hala Al-Naji
Hala Al-Naji

Will European allies get drawn into the US-Iran war?

Con Coughlin
Con Coughlin

Hezbollah drags Lebanon into war once more

Fares Garabet
Fares Garabet

Hezbollah's propensity for recklessness never fails

Houssam Itani
Houssam Itani
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