All posts tagged "Uae"

CNN analysts stressed the gravity of revelations of Trump's major profits from cryptocurrency.

According to a New York Times report, the Trump family profited to the tune of $1.4 billion through their cryptocurrency business. CNN anchor Anderson Cooper described the revelations as "incredible" and "stunning" as he spoke with other analysts. According to the Times report, Trump reeled in more than $2.2 billion in total revenue in 2025.

"It really is hard to overstate just how unusual and how historic this is," New York Times investigative reporter Eric Lipton told Cooper....

WASHINGTON — A $400 million plane offered to President Donald Trump by Qatar may be a gaudy symbol of graft, but to some Democrats on Capitol Hill it’s also a distraction.

As Trump settles back into Washington after a week in the Middle East, Democrats are glad presidential ethics, or the lack of them, have finally been spotlighted, nearly five months into Trump’s second term. But many say the intense scrutiny Trump received while he was abroad barely scratched the surface.

“The plane is the second-biggest scandal on this trip,” Sen. Chris Murphy (D-CT) told Raw Story. “The $2 billion crypto investment in Trump stablecoin [by an Emirati firm] is the more offensive grift.” ...

President Donald Trump spent much of his four-day trip to the Middle East securing business deals, like the $600 billion investment pledge by the Saudis that Trump is trying to push to $1 trillion.

Among the agreements, "The American chip giants Nvidia and AMD will now be allowed to sell advanced chips to Saudi, Emirati and Qatari customers as those countries seek to become powerhouses in artificial intelligence. One customer is an enormous new A.I. campus in Abu Dhabi whose ambitions rival Stargate, the OpenAI-led venture, in size," The New York Times reported.

The deal was brokered by Trump's top A.I advisers David Sacks and Sriram Krishbnan, according to the Times. The venture capitalists "worked closely with CEOs, including Nvidia's Jensen Huanbg and Sam Altman of OpenAI."...

A ship carrying humanitarian aid has arrived in the Gaza Strip for the first time since the war began in October, the United Arab Emirates (UAE) said. The ship, which left Cyprus on Tuesday, is carrying 200 tons of food and relief supplies. The UAE's Foreign Ministry said the delivery comes in cooperation with Cyprus, World Central Kitchen and international partners "to strengthen the humanitarian response to civilians of northern Gaza." The humanitarian situation of the Palestinian population in the Gaza Strip has been worsening dramatically for weeks, with a critical shortage of basic necess......

Russian President Vladimir Putin arrived in the United Arab Emirates on Wednesday for a brief visit to the Gulf. The Russian president was greeted in Abu Dhabi by Emirati President Mohammed bin Sajid, the country's state news agency WAM announced on X. Putin plans to travel to Saudi Arabia later on to meet with Saudi Crown Prince Mohammed bin Salman. Putin praised the bilateral relationship between the countries as historically unprecedented and invited Sajid to attend the 2024 BRICS summit in Kazan, according to Russian information. The BRICS countries include Brazil, Russia, India, China and......

Dubai (AFP) - More than 110 nations pledged to triple the world's renewable energy within seven years at UN climate talks Saturday as the United States pushed to slash methane emissions and boost nuclear capacity. With smoggy skies in Dubai highlighting the challenges facing the world, leaders at the COP28 conference threw their support behind voluntary pledges aimed at ramping up alternatives to fossil fuels. A massive deployment of solar, wind, hydroelectric and other renewables is crucial to efforts to displace demand for planet-heating coal, oil and gas and achieve net-zero carbon emission......