Trump Considers Bailing Out UAE as It Invests in His Family’s Ventures

The Trump administration is considering a bailout for the United Arab Emirates over economic losses sustained as a result of the U.S. war with Iran.The Wall Street Journal reported Sunday that UAE officials are speaking with the White House about providing financial relief, such as a currency swap, if their economy takes an even bigger hit during the war. Khaled Mohamed Balama, governor of the UAE’s central bank, raised the issue in meetings with Treasury Secretary Scott Bessent last week. UAE o...