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UAE’s Sheikh Tahnoon backs domestic and US stablecoinsUAE’s Sheikh Tahnoon backs domestic and US stablecoins
Sheikh Tahnoon bin Zayed reportedly has interests in two stablecoin initiatives, one in the US and one at home in the UAE. The deputy ruler of Abu Dhabi and UAE national security adviser is a major shareholder in the holding company of a new US bank linked to World Liberty ...
Iran war widens split in Gulf stock marketsIran war widens split in Gulf stock markets
The Iran war is widening the divide between Gulf stock markets. Dubai and Qatar have fallen as they remain more exposed to the closure of the Strait of Hormuz, while Saudi Arabia and Oman have performed positively. Qatar’s problems predate the war due to the post-2022 men’s soccer World Cup ...
UAE investigates Egyptian bank targeted by US sanctionsUAE investigates Egyptian bank targeted by US sanctions
The Central Bank of the UAE launched an investigation into the local branches of Egypt’s Banque Misr after the US Treasury said it would bar the lender’s UAE operations from dollar transactions over its dealings with Iran. The probe follows the US announcement last week of a fresh sanctions campaign ...
‘Creatures of expedience’‘Creatures of expedience’
by Jacob Weisberg. The scathing portrait of American elites’ accommodations to US President Donald Trump has a title styled after John F. Kennedy’s , but it’s a portrait of the opportunism of leaders focused on their own interests at the expense of civic life. Weisberg includes familiar stories like that ...
How kidnapping became an industry in NigeriaHow kidnapping became an industry in Nigeria
Alexis’s view Insecurity was a major issue during Nigeria’s 2015 election, my first as a Reuters correspondent there. It still is today, ahead of presidential polls in January — on a far larger scale, with implications for the country’s economy greater than ever before. That 2015 election is significant because ...
How Cyber Sleuths Tracked a Nigerian Scammer to His DoorstepHow Cyber Sleuths Tracked a Nigerian Scammer to His Doorstep
This is an adaption of a podcast interview 404 Media recorded with Erin West and Paul Raffile. Check out the whole thing here on YouTube. Erin West and Paul Raffile stepped out of their van about 45 minutes outside Lagos, Nigeria, and walked down a muddy hill. At the bottom, ...
Nepal rescuers blast hillside in search of hydropower workers as families wait anxiouslyNepal rescuers blast hillside in search of hydropower workers as families wait anxiously
Rescuers have resorted to explosives as they struggle to reach trapped workers, as the flooding death toll reaches 939. ...
Sir Mel Stride and Priti Patel replaced in major Tory reshuffleSir Mel Stride and Priti Patel replaced in major Tory reshuffle
Conservative leader Kemi Badenoch is shaking up her top team ahead of the party’s conference in October. ...
Nigeria’s worsening insecurity tests president’s second-term bidNigeria’s worsening insecurity tests president’s second-term bid
The News The mass abduction of hundreds of people from mosques in northern Nigeria this month was at once shocking and yet unsurprising: The targeting of civilians by insurgents and bandits has surged compared to last year, and the three months through June were the most violent in at least ...