Economics

The recent rise in the value of the U.S. dollar against the Iranian rial has come against the backdrop of renewed efforts by many non-Western countries to reduce U.S. financial hegemony over international institutions. In a political statement on the first anniversary of the Ukraine war on Friday, …

By Shehab Al Makahleh Over 30 heads of state, senior politicians, military officers, diplomats and 110 ministers and business representatives conferred have taken part in the 59th Munich Security Conference, to discuss security challenges the world is undergoing. The current conference comes a week before the first anniversary …

Russia’s invasion of Ukraine confirmed a global shift that many international relations experts have been heralding for years: we now live in a multi-polar world. Thanks to major geopolitical turning points – from Washington’s missteps in Iraq to the 2008 financial crisis – as well as long-term shifts …

The single most pressing national security issue for the United States is its addiction to deficit spending and its overwhelming debt.  The United States uses deficit spending to pay for the goods and services demanded by the American people and its deficit spending is out of control.  As …

Dr. Shehab Al-Makahleh Nobel Prize winner Bertrand Russell, a British historian, philosopher and mathematician, proved himself a prescient pithily visionary when he penned “The Problem of China” by assessing the republic ahead of his time. “All the world will be vitally affected by the development of Chinese affairs, which …

According to the latest UN survey, released on Friday, the Arab region registered a 12 per cent unemployment rate in 2022, the highest in the world.However, the Survey of Economic and Social Developments in the Arab Region, published by the UN Economic and Social Commission for Western Asia …

I seem to have forgotten how the world used to look like before 2020, especially in the context of economic sanity. The vagaries of the past three years have left an indelible mark on my expectations. Fundamentals no longer feel reliable to portend any semblance of normality. And …

Dr. Shehab Al-Makahleh After few days, we will welcome a new year and bid farewell to another. We have nothing but to be optimistic to get out of the economic difficulties caused by regional, international and domestic circumstances that raised the debt to US$41 billion, which constitutes 117% …

Partisanship colors Democrats’ and Republicans’ foreign policy priorities in ways that will matter substantially for companies, global supply chains and financial markets under a divided Congress. This is demonstrated by the results of a public opinion poll conducted by Morning Consult’s U.S. Foreign Policy Tracker. Among voters’ top five …