Argentina and China have formalized the expansion of a currency swap deal, allowing the South American country to increase its depleted foreign currency reserves, the Argentine central bank said on…
The euro climbed back above parity against the dollar for the first time in a month on Wednesday after poor U.S. economic data reinforced speculation that the Federal Reserve will slow its interest…
The U.S dollar climbed to a 20-year high against other major currencies on Monday after Federal Reserve Chair Jerome Powell signalled interest rates would be kept higher for longer to bring down…
The dollar dominance has been a matter of controversy since the last decades of the 1900s. IMF reports show that the Dollar's share in the global foreign exchange reserve fell from 70% in 1999 to 59%…
When Israel considers its next move after Iran's retaliatory attack, it is not simply calculating the cost and benefits of a response but will also be creating a new equation for future exchanges.
From the Israeli attack on the Iranian consulate in Damascus to Iran's retaliation on Israel, the Syrian leader has been acting strangely normal. Al Majalla gives a breakdown of the past two weeks.
The unprecedented Iranian retaliation was an attempt to reestablish its deterrence and remind the region of its capabilities, which were seemingly eroded over the years.
The world remains distracted by other conflicts and crisis, but with this large African country on the brink of famine and no end in sight to the fighting, there are warnings that Sudan could splinter
Its direct military action on Israel showed how the strategic calculus in a turbulent region has changed. Will the US try to use Iran's strike on Israel to hit back at Tehran and weaken it regionally?