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Will Canada fall prey to Trump's ambitions?

Jan 13, 2025 | en.majalla.com | Al Majalla

President-elect Donald Trump has repeatedly suggested that Canada—a nation of 40 million people, one of America’s biggest trade partners, and a founding member of NATO—should become the 51st US state, citing economic and defence concerns as justification. He may want to bring Canada into America's fold for many reasons, like its resources, including water and electricity. Canada is also its largest foreign steel, aluminium, and uranium supplier.
Oil and gas remain the cornerstone of global energy

Jan 6, 2025 | en.majalla.com | Al Majalla

Global energy demand in this year’s WOO is set to expand by 24% in the period to 2050, driven by significant expansion in the non-OECD region. The outlook sees the need for an expansion in all energy sources, with the exception of coal. For oil alone, we see demand reaching over 120 million barrels per day by 2050, with the potential for it to be higher. There is no peak oil demand on the horizon. Around 30% of non-OECD growth comes from India alone.
Global business insolvencies on the rise

Dec 9, 2024 | en.majalla.com | Al Majalla

Global business insolvencies are forecast to increase by more than 11% in 2024 and to peak with a rise of 2% in 2025, according to Allianz Trade’s Global Insolvency Outlook 2024. Looking ahead to 2025, US insolvencies are forecast to rise by 12% to more than 27,000 companies. Across Europe, German corporate insolvencies will increase by 4% in 2025. According to the report, both France and the United Kingdom will see the number of bankrupt firms decrease by 6% in 2025.
Lebanon: The Third Republic

Nov 30, 2024 | en.majalla.com | Ibrahim Hamidi |Paul Salem |Michael Horowitz |Al Majalla

The ceasefire agreement brokered by the United States and France between Israel and Hezbollah marks a critical turning point for Lebanon—one that promises a political, social, economic and geopolitical transformation. Will stakeholders be able to breathe new life into the Lebanese state, or will we see the birth of an entirely new one? Al Majalla explores this question from different angles and perspectives while also laying out potential scenarios. We also zoom in on the role of the Lebanese army.
Will Iran eventually have a nuclear weapon?

Nov 25, 2024 | en.majalla.com | Al Majalla

In 2015, Iran and world powers, including the United States, the United Kingdom, Russia, China, France, and Germany, reached an agreement, the Joint Comprehensive Plan of Action (JCPOA), that saw the easing of international sanctions on Tehran in exchange for curbs on its nuclear programme. But the United States unilaterally withdrew from the accord in 2018 under then-president Donald Trump and reimposed biting economic sanctions, which prompted Iran to begin rolling back on its own commitments.
AI in the military: A lucrative industry that comes with great risk

Nov 19, 2024 | en.majalla.com | Al Majalla

Military applications of AI have become increasingly in demand, with more countries seeking specialised AI processors and boosting their spending on research and development of AI applications in modern weaponry. AI applications in the military industry were valued at $8.35bn in 2023. Between 2023 and 2033, the market is expected to be worth $27.84bn, largely driven by the technology's increasingly global use in the defence sector. But its application in modern warfare also raises alarm bells.
US trade deficit with China at its lowest since 2010

Nov 12, 2024 | en.majalla.com | Al Majalla

Trump's upcoming presidency comes with great uncertainty for global markets, considering his economic policies, which are widely viewed as extreme. He is expected to ramp up America's trade war with China—the world’s second-largest economy and the largest source of US imports. He has repeatedly floated the idea of slapping a 60% tariff on Chinese imports—picking up on policies he started during his first term as president eight years ago.
US electoral college votes

Nov 6, 2024 | en.majalla.com | Al Majalla

Unofficial results of the US presidential election, which took place on Tuesday, showed that Republican candidate Donald Trump won 292 votes in the electoral college, compared to 224 votes for his Democratic rival Kamala Harris.
Let’s make protecting children from violence a priority

Nov 5, 2024 | en.majalla.com | Al Majalla

Let’s make protecting children from violence a priority last update on 06 Nov 2024 Every day, many millions of children around the world experience violence in their homes and communities, schools, and conflict-affected areas. This reality is unacceptable.
Trump vs Harris: One of the most vicious US presidential races

Nov 4, 2024 | en.majalla.com | Al Majalla

Americans are voting in a historic presidential election that could shape world politics for years to come. More than 160 million voters are expected to cast their votes today, Tuesday, 5 November. Yet, instead of focusing on their platforms, both candidates, Kamala Harris and Donald Trump, have resorted to mudslinging. While voters want to hear about how they will improve the economy, protect democracy and national security and manage immigration, these issues are not making the headlines.