EUR/USD
1.16101
0.307%
Gold
4367.03
0.758%
Oil
85.029
0.855%
USD/JPY
159.054
-0.348%
GBP/USD
1.35624
0.230%
GBP/JPY
215.720
-0.110%
Real-time News
On August 19, after accusing Iran of launching two ballistic missiles at it, the United Arab Emirates announced early that morning that it had decided to suspend all trade, commercial, and financial transactions with Iran, with the resumption date to be announced later. A former senior US official stated that given the UAEs economic significance to Iran, this decision could have a greater impact than a US naval blockade. Retired US Army Brigadier General and former Assistant Secretary of State Mark Kimmett, in an interview with Al Jazeera, said that the importance of the UAEs financial ties and trade with Iran "cannot be overstated." The UAE is Irans largest source of imports, with about one-third of Irans imports transiting through Dubai. According to Kimmett, as a financial center, Dubai has long provided Iran with a channel to circumvent international sanctions. In many ways, the UAEs embargo may be more powerful than the US naval blockade of Iranian ports that has been in place since mid-April.According to TASS: Russian President Vladimir Putin held a telephone conversation with the President of Mali.On August 19, the Ukrainian Verkhovna Rada (parliament) approved the appointment of Andriy Sebiga as Foreign Minister with 266 votes in favor. Sebiga first assumed the position of Foreign Minister in September 2024. In July 2026, he temporarily assumed the role of acting Foreign Minister due to the resignation of members of the previous government. On August 18, 2026, Ukrainian President Volodymyr Zelenskyy re-nominated Sebiga as Foreign Minister in the new cabinet.Ukrainian President Volodymyr Zelenskyy dismissed Deputy Chief of Staff of the Presidential Office Mudra by presidential decree.Polish Prime Minister Donald Tusk: We propose raising the corporate tax rate from 19% to 22% for companies with annual revenue exceeding 50 million euros.
