On paper, the U.S. economy appears to be doing well, with GDP growth and inflation holding steady. Yet many Americans say they are feeling increasing economic pressure. Are Americans overreacting, or is there something fundamentally wrong in the U.S. economy?
Nepotism, mismanagement, and liquidity shortages increasingly hamper Iran's private banking sector, with the Islamic Republic struggling to find a way out.
With growing political instability in western Libya, there is a clear sense that the status quo is shifting, triggering an intensified struggle over the countryβs vast natural wealth.
The Gulf is positioned as a pivotal hub in the emerging IndiaβMiddle EastβEurope Corridor (IMEC), with the potential to reshape global trade routes while diversifying its economies. This analysis explores EUβGCC integration and the geopolitical stakes driving IMECβs future.
The recent peace deal between the Democratic Republic of Congo (DRC) and Rwanda, known as the Washington Agreement, could unlock major economic opportunities in eastern Congo, particularly in the mining and infrastructure sectors. But serious challenges remain.
Since the Israel-Iran ceasefire came into effect on June 24, the atmosphere has shifted in the Gulf region as key states including Saudi Arabia, Qatar and the UAE work to secure their economies and recalibrate their geopolitical positioning.
In this interview, investor and advisor Munder Shuhumi breaks down the opportunities and risks facing foreign investors in the GCC. From Saudi Arabiaβs Vision 2030 to navigating local partnerships and due diligence, Shuhumi shares essential insights on doing business in the Gulf.
Central Bank of Libya (CBL) Governor Naji Issa is doing what he can to keep Libyaβs economy functioning, but he is unable to stop the main issue of the growing budget deficit.
The cancellation of Algeria's El Hamdania mega-port highlights the struggle between political stability and sustainable growth, risking regional isolation and investor confidence amid a looming fiscal crisis.
Libya's economic crisis deepens as rival governments' spending outstrips revenue, risking collapse. The Central Bank warns of unsustainable finances, while both factions blame each other. Urgent reforms are needed, but self-preservation may lead to further conflict and instability.
On August 18, the Presidential Council reshuffled Libya's Central Bank leadership, ousting Sadiq al-Kabir amid rising tensions. This article provides a quick recap on what happened.