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Ukraine Deepens Gulf Security Ties with New Defence Pacts in UAE and Qatar

  The Emir of Qatar, Sheikh Tamim bin Hamad Al Thani, meets President of Ukraine, Volodymyr Zelenskiy, in Doha, Qatar. Ukraine has expanded its defence partnerships in the Gulf, securing new agreements with both the United Arab Emirates and Qatar as President Volodymyr Zelenskiy toured the region amid rising regional tensions. These deals focus on countering missile and drone threats and reflect Kyiv’s effort to leverage its battlefield expertise to build long‑term security ties.  During a rapid diplomatic tour of the Gulf, Ukrainian President Volodymyr Zelenskiy secured new defence cooperation agreements with both the United Arab Emirates and Qatar. The accords come as regional tensions escalate due to ongoing Iranian missile and drone activity, prompting Gulf states to seek partners with advanced air‑defence capabilities. In Qatar, officials announced a defence cooperation agreement that includes collaboration on countering missile threats and unmanned aerial systems. Ukr...

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Wall Street Stumbles Amid Inflation and Tariff Concerns

                                        

Wall Street faced a sharp downturn as fresh U.S. economic data reignited fears of inflation and tariff impacts. The S&P 500 dropped 1.97%, closing at 5,580.94 points, while the Nasdaq fell 2.70% to 17,322.99 points, and the Dow Jones Industrial Average declined 1.69% to 41,583.90 points.

The latest data revealed weaker-than-expected consumer spending in February, coupled with a significant rise in underlying prices—the highest in 13 months. Additionally, a University of Michigan survey highlighted soaring inflation expectations, reaching their highest levels in over two years.

These developments, combined with escalating tariff measures from the Trump administration, have heightened concerns about the economic outlook. Major tech stocks, including Amazon, Microsoft, and Apple, saw significant losses, reflecting broader market unease.

Market analysts warn that the inflationary effects of tariffs may intensify in the coming months, further complicating the Federal Reserve's monetary policy decisions. As uncertainty looms, businesses and investors are adopting a cautious stance, bracing for potential economic turbulence.

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