Economics

The Economics section is at the forefront of trends responsible for shaping the world post-Credit Crunch.



Killian Clarke
Written by :
on : Friday, 29 Oct, 2010
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A Symptom, Not an Illness

Recent reports of an escalation in Saudi Arabia’s rate of inflation have raised concerns that the kingdom may be on the verge of careening into another bout of high inflation as it did in the summer of 2008.  Saudi inflation reached an all time high that July of 11.1 percent, driven largely by a dizzying rise in global food prices.  During the recession the following year, rates moderated to more benign levels, but a recent government report that inflation has reached an annualized rate ...

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The Majalla: The Leading Arab Magazine
on : Friday, 22 Oct, 2010
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BlackBerry Blackout

Throughout his stellar 15-year career as arguably the greatest tennis player in history, Pete Sampras wielded the same, archaic Wilson Pro Staff 6.0 racquet, which he used to chip and charge his way into athletic immortality. Although the Pro Staff was the weapon of choice for a number of notable players—including Stefan Edberg, Steffi Graf and, in his early years, Roger Federer—no other legend was ever as synonymously associated with the stick than Sampras was.  In some sense, the BlackBe...

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The Majalla: The Leading Arab Magazine
on : Monday, 18 Oct, 2010
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Kabul Bank

Sadly, there are no limits to how much careless Afghan leaders are willing to gamble with their country’s fate for personal gain. The recent takeover of Kabul Bank to avert tota...

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The Majalla: The Leading Arab Magazine
on : Friday, 8 Oct, 2010
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Threat to Sanctions

A lot has been written over the past several months about Iran's trade relations with the BRICs, referring to Brazil, Russia, India and China, and Persian/Arabian Gulf countries. ...

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The Majalla: The Leading Arab Magazine
on : Thursday, 30 Sep, 2010
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The German Austerity Trap

Germany is in a tough spot. On the one hand, the country's recent roaring growth figures have validated its export-led growth strategy and claims of helping to sustain the eurozon...

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The Majalla: The Leading Arab Magazine
on : Monday, 27 Sep, 2010
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The Regional Pitch

Given its global presence, an in situ analysis of the affects of China’s meteoric rise on regional financial systems is often bypassed in favor of shocking one-liners regarding ...

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The Majalla: The Leading Arab Magazine
on : Monday, 13 Sep, 2010
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Jackpot or Jinx?

In June, a team of American geologists working in Afghanistan discovered a massive trove of minerals believed to be worth over $1 trillion. At the time, senior US officials herald...

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The Majalla: The Leading Arab Magazine
on : Monday, 6 Sep, 2010
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Over the Zagros

As Turkey positions itself as a regional energy hub rather than a mere oil and gas conduit to Europe (as some in Brussels may have once envisioned), its allies shouldn’t be surp...

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The Majalla: The Leading Arab Magazine
on : Tuesday, 17 Aug, 2010
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The Engine Behind the Flotilla

“No one should attempt to play around with this nation, to test the patience of Turkey. As precious as Turkey’s friendship is, so harsh will be her hostility.” Such was the ...

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The Majalla: The Leading Arab Magazine
on : Friday, 13 Aug, 2010
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The Un-American Bailout

In 2007, the collapse of the American financial system led the world into its worst economic catastrophe since the 1930s. As conditions deteriorated, governments across the globe ...

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