Trump's postwar plans, UAE raises interest rates and Houthi weapons experiments
In this episode of Trending Middle East , US President Donald Trump is expected to meet Gulf leaders in New York next week during the UN General Assembly to discuss a postwar strategy for Iran, Axios has reported. The UAE Central Bank has raised interest rates after the US Federal Reserve increased its rates by 25 basis points in response to geopolitical developments. The move is intended to help…
US President Donald Trump is set to meet Gulf leaders in New York next week, according to Axios, to discuss a postwar strategy for Iran. The UAE Central Bank recently raised interest rates after the US Federal Reserve increased rates by 25 basis points in response to geopolitical events. This move aims to curb inflation by discouraging spending, but it also makes borrowing more expensive.
Meanwhile, the Houthis have been testing new weapons, including "loitering torpedoes" capable of prolonging their capacity to target ships, as reported by Conflict Armament Research.
Amnesty International's latest report reveals that security chiefs accused of violent actions during the 2022 crackdown on women's rights protests are still maintaining power and advancing in their positions. In other news, Dubai has approved the construction of a new 12-lane motorway that will eventually link Sharjah and Abu Dhabi through the emirate, as part of an initiative to alleviate traffic congestion.
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