Economics

OECD cuts Turkish economic growth forecast to lowest rate since 2020 amid Iran war, rising prices

The organization, which published its latest economic outlook under the title “Navigating Successive Shocks,” also lowered Turkey’s 2027 growth forecast to 3.6%.

Illustrative: Customers walk past a flag vendor as they shop at a bazaar in Istanbul on September 6, 2022.

OECD expects AI boom to help offset Middle East energy shock for now

 A view of Burj Khalifa, after an Iranian attack, following United States and Israel strikes on Iran, in Dubai, United Arab Emirates, March 1, 2026

Dubai built an economic empire Iran’s return cannot erase - opinion

IRGC intelligence chief Majid Khademi pictured in February 2026.

US offers $10 million reward for information on senior IRGC leaders, including one killed in April


Armies to markets: The changed nature of power - opinion

A new stage of global competition has begun, focused on rebuilding economies to be more resilient in a world of longer, more complex conflicts – not just on armaments.

Taiwanese soldiers leave Qingtian Hall, an underground military tunnel built inside Taiwu Mountain in the 1960s, after attending a performance commemorating the Battle of Guningtou, in Kinmen, Taiwan, October 18, 2025

Bankrupt Iran’s regime before it bankrolls more terror - opinion

The path forward is simple: maximum pressure, maximum sanctions, and maximum economic isolation until the regime can no longer finance its agenda of terrorism.

Iranian Rials are displayed in Tehran.

Lebanon burns foreign reserves to hold pound steady in face of devastating war losses - analysis

Currency stability has held near 89,500 to the dollar, but reserves, banks, households, and public confidence remain under heavy strain.

A protester burns fake US dollars during a pro-Iranian regime demonstration in front of the Iranian consulate in Istanbul, on January 18, 2026.

Voices from the Arab press: Gulf tensions over Iran deepen regional fears

A weekly selection of opinions and analyses from the Arab media around the world.

US President Donald Trump attends a GCC summit photo session in Riyadh, alongside Qatari, Saudi, and  Bahraini leaders, May 2025.

Israel needs a Suez alternative, the Ben-Gurion Canal offers one - opinion

The Ben-Gurion Canal would give the world a new trade route while boosting Israel’s economy and strategic power.

A container ship sails at the Suez Canal, in Ismailia, Egypt March 31, 2021. Suez Canal Authority/Handout via REUTERS

Europe’s applause for Abbas is failing Palestinian democracy - opinion

As Abbas tightens control, Western governments are applauding a Palestinian political system that has denied elections for 20 years.

Yasser Abbas, member of the Fatah Central Committee, attends the announcement of results of the 8th General Conference of Fatah during a press conference in Ramallah, the West Bank, May 18, 2026.

Israeli private equity firm David Group launches to invest in mature businesses

David Group, founded by Stella Cohen and chaired by former Goldman Sachs partner Raanan Agus, will focus on financial services, defense, industrials, and tech-enabled business services.

David Group founder Stella Cohen and Chairman Raanan Agus

US issues new sanctions over Iran's oil shipments to China as part of Economic Fury

The State Department also announced a reward of up to $15 million for information leading to the disruption of the financial mechanisms of the IRGC.

Oil tankers pass through the Strait of Hormuz, December 21, 2018.

In double trouble: Iran’s oil crisis – opinion

Given that the Islamic Republic’s lifeblood – oil – is being squeezed, it should learn from history that collapse always begins with a warning sign such as this one

A Satellite image shows a likely oil spill covering dozens of square kilometers near Iran’s Kharg Island, earlier this month.

The Red Sea, Assab, and the possibility of a reimagined Horn of Africa - opinion

Ethiopia’s push for Red Sea access reflects economic necessity, not a call for war.

Eritrea's President Isaias Afwerki and Ethiopia's Prime Minister, Abiy Ahmed at inauguration ceremony of reopening Eritrean embassy in Addis Ababa, 2018