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Tom Barrack’s arrest puts the spotlight on United Arab Emirates’ crucial role in Trump’s foreign policy

From cnbc.com

The arrest Tuesday of a key Trump ally, who is accused of lobbying illegally for the United Arab Emirates, helps illustrate how deeply the oil-rich Middle Eastern country had ingratiated itself with the United States during the Trump administration. Between arms deals and diplomatic accords, the UAE, a relatively small crescent of land nestled between Saudi Arabia and the Persian Gulf, played a major part in former President Donald Trump’s policy in the region. An indictment filed Tuesday in New York federal court alleges that Tom Barrack, a longtime friend and business associate of Trump’s, worked for years to ... (full story)

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  • Category: Fundamental Analysis