Treasury Secretary Scott Bessent publicly defended plans on Friday to grant permanent dollar swap lines to Gulf and Asian allies. He framed the expansion as a counterweight to alternative payment systems eroding the dollar’s …
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Gulf
Emirates Global Aluminium (EGA), the Middle East’s biggest aluminium producer, has paused some of its supply contracts. Bloomberg reports this happened after Iranian missiles and drones damaged its main Al Taweelah smelter on March …
