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UAE Suspends $23 Million Deal to Buy F-35s From US While US Says Committed to Sale

While the United Arab Emirates seems to really want to buy F-35 fighter jets from the United States , conditions placed by the US on the sale could lead the UAE to scrap the whole sale. The UAE on Tuesday told the US that it was suspending discussions on the …

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Arab Gulf Countries Call on Iran To Make Progress in Nuclear Talks

Arab Gulf countries meeting in Saudi Arabia called on Iran to ease tension and make progress in its nuclear talks with the world powers, and Iran just may be listening. The final communique issued at the end of the 42nd Gulf Cooperation Council summit on Tuesday in Riyadh said that …

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Turkish lira tumbles ahead of key decision on rate cuts, wages

As Turkey’s battered lira pushes to new lows against the dollar, all eyes turn to Thursday’s central bank meeting and critical talks on the minimum wage. Turks woke Monday to watch their currency plunge to 14 against the dollar early in the morning, then go past it to 14.62 until …

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