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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
  • Editor's Pick
President of the European Council Charles Michel at the EU headquarters in Brussels on 28 June 2024. JOHN THYS / AFP
Politics

Former European Council president gets candid on US-Iran war

27 March 2026

In an interview with Al Majalla, Charles Michel explains how Trump didn't consult with allies before attacking Iran in a war that benefits Russia at Europe's expense

Ahmed Maher
Axel Rangel Garcia
Business & Economy

Foreign workers in the Gulf pay the price of war

24 March 2026

Millions working in the Gulf are worried about their livelihoods and the impact on their families, while their employers are worried that they will leave

Amer Ziab Al-Tamimi
A woman mourns in a cemetery in Choueifat, Lebanon, on 29 March 2026, before the funeral of Lebanese journalists who were killed by a targeted Israeli strike. REUTERS / Manu Brabo
Politics

Lebanon's mediation window is firmly shut...for now

29 March 2026

Tehran says any negotiated settlement to the US-Iran war must include its Hezbollah allies, but this could take a long time—a luxury Lebanon may not have.

Elie Kossaifi
Spanish writer Javier Cercas poses for a photo session during the 27th "Les Correspondances" literature festival in Manosque, southeastern France, on 27 September 2025. JOEL SAGET / AFP
Culture & Social Affairs

Javier Cercas on why novels thrive on ambiguity

26 March 2026

The Spanish novelist and professor shares his musings on memory, moral courage, deception and faith

Nesrein El-Bakhshawangy
Al Majalla
Politics

Sipan Hamo on integrating Kurdish units into the Syrian army

26 March 2026

In Part 2 of a two-part interview, the newly appointed deputy defence minister outlines the mistakes made by the SDF and gives his outlook on Syria's future.

Ibrahim Hamidi

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OPINIONS

Iraqi militias turn on the state

Baghdad, London - Al Majalla

Between war and peace: will Iraq cross the Rubicon?

Ayad Al-Anbar
Ayad Al-Anbar

Iraq's internal battle for influence comes to a head

Rustum Mahmud
Rustum Mahmud

Gulf states should steer clear of attritional war traps

Khairuldeen Al Makhzoomi
Khairuldeen Al Makhzoomi
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