Reuters World News Gulf tensions, Epstein, Fed and tax
Dec 31, 2025
Mahal al-Dahan, Reuters Gulf Bureau Chief, discusses the UAE's sudden withdrawal from Yemen amid rising tensions with Saudi Arabia, exploring the implications for both regional stability and OPEC dynamics. Meanwhile, Andy Sullivan, a reporter focused on U.S. economics, breaks down significant tax law changes, including new deductions and their potential long-term effects on the economy. Together, they delve into these critical issues, providing insightful analysis on geopolitics and economic policy.
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UAE-Saudi Rift Risks Oil Market Shock
- The UAE withdrew forces from Yemen after a sharp rift with Saudi Arabia over differing support inside the Yemeni government.
- Mahal al-Dahan warns the split could quickly affect OPEC talks and push oil price volatility.
Epstein Files Will Be Slow To Release
- The DOJ still needs 400 lawyers to review 5.2 million pages of Epstein-related documents.
- Reuters says that means Congress's December 19th release deadline is unlikely to be met.
Gelsenkirchen Bank Break-In Sparks Public Outcry
- Angry customers gathered outside a Sparkasse branch after thieves drilled into safe deposit boxes over Christmas.
- They fear losing years of jewellery and retirement savings taken in the heist.