• floofloof@lemmy.ca
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    22 hours ago

    As Jon Rainwater, the executive director of Peace Action, noted in Common Dreams this past May: “What makes this all the more alarming is that the UAE is one of America’s closest military partners—and a major recipient of US arms. Despite repeated assurances to Washington that it would not arm Sudan’s belligerents, the UAE has continued these transfers, as confirmed by the Biden administration in one of its last acts as well as by members of Congress.”

    He also noted that US President Donald Trump and his family have personally cultivated “deep financial ties” to the UAE, which “has invested $2 billion in a Trump family crypto venture.” Sen. Chris Murphy (D-Conn.) pointed out that the investment has singlehandedly catapulted Trump’s currency to “one of the five largest stablecoins in the world, massively inflating the president’s wealth.”