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Bolivia’s Defense Pact with Iran Stirs Regional Debate
Bolivia and Iran’s recent drone defense agreement is garnering attention amidst ongoing Middle East tensions. Bolivia’s Defense Minister Edmundo Novillo and Iran’s Mohammad Reza Ashtiani endorsed it. The deal aims to help Bolivia fight drug trafficking and secure its borders, they say. Iran plans to offer equipment and training. “We will provide specialized tools and […]
Rising U.S. Interest Rates and Middle East Conflict Propel Dollar Surge
Today, the spot dollar surged, reflecting a dynamic interplay of economic and geopolitical factors. In the U.S., high interest rates persist, drawing investors towards the dollar’s relative stability. Simultaneously, rising tensions in the Middle East, particularly an unexpected attack by Iran on Israel, have stoked fears, propelling the dollar even higher. This complex backdrop has […]