Commodity markets have been volatile as high interest rate environment continues amid rising inflation and recession concerns. As part of efforts to rein in soaring inflation, central banks of the UK, Norway, Switzerland, Taiwan, South Africa, Indonesia and the Philippines have made aggressive interest rate hikes recently. The …

Grocery prices in the UK could increase by almost $2 billion due to a surge in the cost of carbon dioxide, according to a new report released on Monday. The Energy and Climate Intelligence Unit (ECIU), a UK-based non-profit advisory group, compiled research that showed huge increases in …

The eurozone manufacturing sector fell deeper into contraction territory as demand tumbled further and price pressures intensified, according to PMI data from S&P Global released on Monday. The Eurozone Manufacturing PMI was revised downwards to 48.4 in September from a preliminary reading of 48.5 and below 49.6 in …

More and more Germans are seeking help from food banks and charities due to record-high inflation and soaring energy bills. According to the federal food bank umbrella organization Tafel Deutschland, demand has increased compared to the previous year, with more than 2 million people now relying on food …

Amr Ababakr In the first lines of the introduction to his most recent book, Leadership: Six Studies in World Strategy, which was released this summer in the Penguin Random House Publishers in New York; Former US Secretary of State Henry Kissinger seems unintentionally, of course, to hand his …

This year’s theme – ‘New technologies for greener shipping’ – promotes innovation and solutions that support a transition in the sector. Maritime transport represents more than 80 per cent of global trade, UN Secretary-General António Guterres said in his message for the Day. Meanwhile, the war in Ukraine …

Yasmine Sherif  As world leaders gather at this year’s UN General Assembly and work to make good on commitments outlined at the Secretary-General’s Transforming Education Summit, we are calling on all of them to put education – especially for the 222 million crisis-impacted children that are in need …

Federico D’alessio  Twenty-five years ago, Fareed Zakaria introduced the concept of illiberal democracy: he revealed how some legitimately elected governments undermine liberal democratic principles by eroding the rule of law and the protection of fundamental freedoms. He predicted that this new form of regime would significantly damage the …

Amr Wajdi After more than three decades of American efforts to establish and consolidate a unipolar international order, we are witnessing signs of the deterioration of the American-centric international order and the formation of a new international order. Evidence, facts and developments in global arena confirm that the …