Donald Trump

Why Is Bitcoin Plunging?

What Has Caused the Latest Price Drop?  Prior to the recent slump, Bitcoin broke a series of record highs in the wake of Donald Trump's return to the White House. The US president came out strongly in favor of cryptocurrencies before his re-election, and has continued to do so. Bitcoin first surpassed $100,000 in May before reaching its latest ...

Nuclear Partnership and F-35 Sale Cement Saudi Arabia’s New Non-NATO Ally Status

The United States and Saudi Arabia announced a series of significant agreements spanning civil nuclear cooperation, advanced weapons sales, and strategic defense coordination during Crown Prince Mohammed bin Salman’s high-profile visit to the White House. The meetings marked the Saudi leader’s first official White House visit in more than ...

Trump and MBS Seal Major Economic and Military Partnerships

Donald Trump received Saudi Crown Prince Mohammed bin Salman (MBS) on Tuesday with full protocol honors, marking his first visit to Washington since 2018. The U.S. president and the de facto leader of the Saudi kingdom made multiple announcements during a joint press conference, covering massive investments, the sale of advanced weaponry, and ...

Sale of F-35s to Riyadh: A New Test for U.S. Alliances in the Middle East

On the eve of Crown Prince Mohammed bin Salman’s visit to Washington, Donald Trump announced Monday his intention to approve the sale of F-35 fighter jets to Saudi Arabia. “We are going to sell F-35s,” the president declared from the White House, praising ties with Riyadh and describing the kingdom as “a great ally.” The announcement ...

Israel Says US Plan for Gaza to Deliver 'Peace and Prosperity' After UN Vote

Israeli Prime Minister Benjamin Netanyahu's office on Tuesday hailed a US-drafted plan for Gaza after it was endorsed by the UN Security Council, saying it would lead to "peace and prosperity." The Palestinian foreign ministry also welcomed the 13-0 vote at the United Nations in New York and called for the resolution to be swiftly implemented on ...

Why Normalization with Israel Will Revive Saudi Arabia

Saudi Arabia is rapidly losing regional relevance, with Sunni rivals Qatar and Turkey encroaching on its traditional leadership roles. The Kingdom’s economy remains mired in second gear, unable to transition from oil dependency to a knowledge-based model. Riyadh’s repeated promises of financial windfalls to the U.S. now appear to be ...

Red Carpet and Big Deals: Trump Welcomes MBS to Washington

Saudi Crown Prince Mohammed bin Salman will receive a lavish welcome from US President Donald Trump on Tuesday, signing defense and nuclear deals during his first visit to the United States since the 2018 murder of journalist Jamal Khashoggi. Trump is expected to roll out the red carpet for the prince with a fly-by, cannon fire, and a gala dinner ...

UN Security Council Votes for International Force for Gaza

The UN Security Council voted Monday in favor of a US-drafted resolution bolstering Donald Trump's Gaza peace plan that includes the deployment of an international force and a path to a future Palestinian state. There were 13 votes in favor of the text, which US President Trump said would lead to "further Peace all over the World," with only ...

Trump Says US Will Sell F-35 Stealth Jets to Saudi Arabia

President Donald Trump said Monday the United States would sell F-35 stealth fighters to Saudi Arabia, a day before Saudi Crown Prince Mohammed bin Salman visits the White House for talks. "We will be doing that. We will be selling F-35s," Trump told reporters when asked if Washington would agree to sell Riyadh the jets at Tuesday's ...

Israeli Minister Calls for Abbas’s Arrest if UN Vote Endorses Palestinian State

Israel's far-right National Security Minister Itamar Ben Gvir on Monday called on Prime Minister Benjamin Netanyahu to arrest Palestinian President Mahmud Abbas if the UN Security Council votes in favor of Palestinian statehood. "If they accelerate the recognition of this fabricated state, if the UN recognizes this, you, Mr. Prime Minister, must ...

Nigeria Discussing Security with US after Trump Threats

Nigeria is in talks with the United States following President Donald Trump's threats of military intervention over the killing of Christians by jihadists in the country, Nigeria's foreign minister told AFP on Monday. Trump said late last month he was naming Nigeria a Country of Particular Concern (CPC), a State Department designation for ...

Saudi Crown Prince Departs for the United States

Saudi Crown Prince Mohammed bin Salman departed for the United States on Monday, the state news agency said, where the kingdom's de facto leader is likely to press for security guarantees and advanced weaponry. The visit marks the de facto leader's first visit to Washington since the 2018 murder of Washington Post columnist Jamal Khashoggi by ...