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Why Dubai may be vital to the Trump administration’s economic war on Iran

President Trump threatened this week to wield an “unprecedented” level of economic warfare against Iran, and Treasury Secretary Scott Bessent vowed to “collapse” the Islamic Republic regime with the “toughest sanctions in history.”  But the effectiveness of a bolstered economic campaign against Iran may rest largely on one close U.S. ally in the Persian Gulf,…

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Powerful cartel in Mexico sought to buy weapons overseas in exchange for fentanyl and meth, U.S. says

The U.S. Justice Department unsealed indictments on Tuesday against four members of one of Mexico’s most powerful drug cartels accused of seeking to purchase arms and ammunition in exchange for drugs in the Czech Republic. The four alleged members of the Jalisco New Generation cartel, known by its Spanish acronym CJNG, were arrested in the…

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Trump administration offers $25 million reward for California-born leader of Mexico’s most powerful cartel

The State Department on Wednesday offered a $25 million reward for information leading to the capture of Juan Carlos González, or “Pelón,” scaling up pressure on a U.S. citizen who has emerged as the figurehead of Mexico’s most powerful cartel. The reward was bumped up from $5 million. The Trump administration offered a total of…

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SBP caps bank charges on digital sales of petroleum products to minimise burden on fuel stations – Business

ISLAMABAD: Following demands from petroleum dealers, the State Bank of Pakistan (SBP) has capped bank charges on sales of petroleum products through digital payment methods — including debit and credit cards and online transfers — to minimise the financial burden on fuel stations and promote digital inclusion. Under the decision, merchant discount rates (MDR) for…

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