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riversedge

(81,208 posts)
1. ..."The talks highlighted the U.A.E.'s concern that the war could inflict major damage on its economy and its position a
Mon Apr 20, 2026, 06:44 PM
Monday

money money money--


........“The talks highlighted the U.A.E.’s concern that the war could inflict major damage on its economy and its position as a global financial hub, depleting its foreign reserves and scaring away investors who once saw it as a stable and secure place for their money,” the Journal reported, adding that “Emirati officials told the U.S. officials that if the U.A.E. runs short of dollars, it may be forced to use Chinese yuan or other countries’ currencies for oil sales and other transactions.”. Since the outbreak of Trump’s war against Iran, many U.S. military bases in the region have been struck by Iranian missiles and drones.

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