Saudi Arabia’s economy contracted 4.8% year-on-year in the second quarter of 2026, the steepest decline recorded since the COVID-19 pandemic, as a deep decline in oil activity outweighed modest growth in the non-oil and government sectors, official flash estimates showed Thursday.
Economics
Graham Allison: Will India Surpass China to Become the Next Superpower?
India still has many structural weaknesses which make it unlikely that it can catch-up with China in the near future. In ‘Foreign Policy’. Read the article HERE.
EU politics
Fidaa Al Zaanin: Germany Believes in Free Speech, but Not for Palestinians
This month, Palestinians mark the Nakba, the wave of ethnic cleansing that began their decades of displacement. But in Germany, trumped-up antisemitism allegations are being used to suppress the commemorations — showing that speech isn’t […]
Economics
Bill Mitchell: The absurdity of the current monetary policy dominance exposed
I repeat my position on dealing with the current inflation: 1. Hold interest rates constant (as in Japan). 2. Do not expand fiscal policy significantly. 3. Provide fiscal support to the low-income families. 4. Watch […]
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