United Arab Emirates
Treasury’s Bessent is called Trump ‘flunky’ by Democrat at House oversight hearing
Treasury Secretary Scott Bessent sparred with Democratic members of the House Financial Services Committee on Wednesday, with one calling him a “flunky” for failing to criticize investment from United Arab Emirates officials in the Trump family’s cryptocurrency venture. Rep. Gregory Meeks, D-N.Y., probed Bessent on alleged conflicts of interest and lack of transparency related to […]
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United Arab Emirates’ ‘Spy Sheikh’ bought secret stake in Trump crypto company: WSJ
UAE National Security Advisor, Sheikh Tahnoon bin Zayed Al Nahyan meets with U.S. President Donald Trump in the White House on March 18, 2025. Courtesy: Donald J. Trump | Via Truth Social A government official and top royal from the United Arab Emirates purchased a $500 million stake in the Trump family’s cryptocurrency venture last […]
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European markets close lower; Ericsson pops 10% after fourth-quarter profit beat
LONDON — European markets finished Friday’s session in negative territory as investors digested events at Davos, including Ukrainian President Volodymyr Zelenskyy’s excoriating speech about the continent. The pan-European Stoxx 600 ended the session 0.2% lower, with major bourses in mixed territory. European stocks had finished higher on Thursday after U.S. President Donald Trump said a […]
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CNBC Daily Open: ‘TACO’ trade boosts markets amid ongoing geopolitical tensions around Greenland and Ukraine
U.S. President Donald Trump walks after charter announcement for his Board of Peace initiative aimed at resolving global conflicts, alongside the 56th annual World Economic Forum (WEF), in Davos, Switzerland, January 22, 2026. Denis Balibouse | Reuters Amid the recent uproar over U.S. President Donald Trump’s aim of annexing Greenland, it’s easy to lose track […]
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Trump signed his Gaza ‘Board of Peace’ into being. Here’s who’s on it — and who isn’t
DAVOS, SWITZERLAND – JANUARY 21: U.S. President Donald Trump speaks onstage with President and CEO of the World Economic Forum Børge Brende at the World Economic Forum (WEF) on January 21, 2026 in Davos, Switzerland. The annual meeting of political and business leaders comes amid rising tensions between the United States and Europe over a […]
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India signs $3 billion LNG agreement with UAE, vows to double trade, as U.S. deal remains elusive
NEW DELHI, INDIA – JANUARY 19: (—-EDITORIAL USE ONLY – MANDATORY CREDIT – âPRESS INFORMATION BUREAU/ HANDOUT’ – NO MARKETING NO ADVERTISING CAMPAIGNS – DISTRIBUTED AS A SERVICE TO CLIENTS—-) Indian Prime Minister Narendra Modi welcomes United Arab Emirates (UAE) President Mohammed bin Zayed Al Nahyan in New Delhi, India on January 19, 2026. (Photo […]
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Latest U.S. sanctions target Houthi funding networks, Treasury says
U.S. Treasury Secretary Scott Bessent delivers remarks during a roundtable discussion with farmers hosted by President Donald Trump in the Cabinet Room of the White House in Washington, Dec. 8, 2025. Alex Wong | Getty Images The Trump administration issued fresh sanctions on Friday further targeting the Iran-backed Houthis in Yemen and the transfer of oil products, […]
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OPEC+ keeps oil output steady amid turmoil among members
A woman passes by a logo of Organization of the Petroleum Exporting Countries (OPEC) during the United Nations climate change conference COP29, in Baku, Azerbaijan November 13, 2024. Maxim Shemetov | Reuters OPEC+ kept oil output unchanged on Sunday after a quick meeting that avoided discussion of the political crises affecting several of the producer […]
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Yemen’s Aden airport shuts as Saudi-UAE rift deepens
A photograph shows damaged military vehicles, reportedly sent by the United Arab Emirates to support Southern Transitional Council (STC) separatist forces, following an air strike carried out by the Saudi-led coalition in the port of Mukalla, southern Yemen, on December 30, 2025. Stringer | Afp | Getty Images Flights at Yemen’s Aden international airport were […]
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Saudi Arabia issues national security warning as UAE forces asked to leave Yemen
A photograph shows damaged military vehicles, reportedly sent by the United Arab Emirates to support Southern Transitional Council (STC) separatist forces, following an air strike carried out by the Saudi-led coalition in the port of Mukalla, southern Yemen, on December 30, 2025. Stringer | Afp | Getty Images Saudi Arabia said on Tuesday its national […]
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