The US administration’s firm stance on Tehran, characterised by a “maximum pressure” policy, is prompting major Gulf states like Saudi Arabia and the UAE to seek closer ties with Iran for their own security.

European Union countries plan to significantly increase their defence spending, as heightened geopolitical tensions follow the recent US election outcome.

Bitcoin has reached a record high of $80,000 as traders speculate on supportive policies from the Trump administration, with expectations of looser regulations benefiting cryptocurrencies.

US stock markets are experiencing significant growth, raising concerns among experts about a potentially overheating economy due to fears of inflation and the possible reversal of trends under certain policies.