How the U.S. Is Trying to Ensure the Dollar’s Dominance During Economic Turmoil
As the government has been devising plans to keep the dollar dominant, China has been making its own moves to increase global influence of the renminbi.
United Arab Emirates
U.S. Fast-Tracks Arms Deals Valued at $8.6 Billion to Mideast Partners
The Persian Gulf countries and Israel have faced repeated Iranian attacks during the U.S.-Israeli war with Iran. The State Department move bypassed congressional review.
Loss of Emirates Further Weakens OPEC’s Influence
The exit of the United Arab Emirates is the most significant in a series of departures from the oil cartel in recent years.
Bessent Backs Financial Support for Oil-Rich U.A.E.
The Treasury secretary said that currency swap line would benefit both the United Arab Emirates and the United States.
Trump Lands in Saudi Arabia, Kicking Off Tour of Gulf States
President Trump, who will also go to Qatar and the United Arab Emirates, has told advisers that he wants to sign deals worth more than $1 trillion on the trip.