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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
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  • Editor's Pick
Iranians mark 40 days since Ayatollah Ali Khamenei was killed in US-Israeli strikes at a demonstration in Tehran on 9 April, 2026. Majid Asgaripour / AFP
Politics

The US and Iran mull next moves amid shaky truce

10 April 2026

Washington weighs the desire to avoid a protracted war with offsetting the appearance of defeat, as Tehran debates whether to consolidate gains before conditions shift or press perceived advantages

Alex Vatanka
Awami Rickshaw Union workers holding posters of Pakistan's Chief of Army Staff, Field Marshal Asim Munir, shout slogans after the US and Iran agreed to a two-week ceasefire in Lahore on 8 April 2026. Arif ALI / AFP
Politics

Behind the truce: Pakistan mediation proves pivotal

08 April 2026

Islamabad is humming with behind-the-scenes diplomacy to turn this tentative pause into lasting peace.

Kaswar Klasra
Al Majalla
Politics

5 unanswered questions on the US-Iran ceasefire

09 April 2026

The fragile truce faces significant obstacles.

John Haltiwanger
Al Majalla
Politics

The US-Iran war tanked Trump's popularity at home

07 April 2026

Instead of the "no endless wars" they were promised, Americans were thrown into a disastrous war and were feeling the economic pinch at the gas pump

Brian Katulis
Israeli Prime Minister Benjamin Netanyahu and Israeli National Security Minister Itamar Ben-Gvir shake hands during a session at the Knesset in Jerusalem, on 29 March 2026. Reuters
Politics

Palestinian executions are now official Israel policy

08 April 2026

Israel's parliament approved a draconian death penalty law last week that only applies to Palestinian prisoners, in a move that the UN says "would constitute a war crime"

Khaled Essam Eleslamboly

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OPINIONS

The US-Iran war showed just how crucial aluminium is

Nazareth Seferian
Nazareth Seferian

No progress in Islamabad talks

Fares Garabet
Fares Garabet

Iran's regime didn't fall, but it is being eroded

Ibrahim Hamidi
Ibrahim Hamidi

'Unconditional surrender' was never an option for Iran

Futoshi Matsumoto
Futoshi Matsumoto
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