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Another Trump Twitter feud
Gulf News
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2/12/2025
Twitter is once again buzzing from tweets President Donald Trump made about his Federal Reserve.
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00:00
It's beginning to look a lot like a Twitter feud between U.S. President Donald Trump and
00:05
the country's central bank.
00:07
Take a look at Twitter, which is glistening once again with tweets from Trump in which
00:10
he slammed the U.S. Federal Reserve.
00:12
The bank is expected to meet on Tuesday and Wednesday, and they're expected to raise interest
00:16
rates by 25 basis points.
00:19
Expect those hikes to come into the UAE, where the Durham is pegged to the dollar, so expect
00:23
25 basis points starting from Thursday.
00:25
In aviation news, Emirates Airlines and South African Airways are expanding their partnership
00:29
by boosting their co-chair deal.
00:31
The enhanced partnership will allow both airlines to expand and leverage each other's networks.
00:35
For passengers, it basically means an expanded co-chair across both carriers' networks.
00:40
And finally, Twitter's share prices fell about 7 percent as the company said it's looking
00:44
at possible state-sponsored hacking.
00:47
Twitter said it discovered suspicious traffic to a customer support forum with the IP addresses
00:51
coming from Saudi Arabia and China.
00:53
This has been the Daily Business Wrap.
00:55
For more news, please check us out on gulfnews.com forward slash business.
00:58
I'm Sarah Dia.
00:59
Thank you so much for watching.
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