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Bitcoin's price has surged to over $108,000, driven by optimism surrounding the incoming Trump administration's potential for a friendlier regulatory environment for cryptocurrencies. Trump's hints at creating a national bitcoin reserve have further fueled investor enthusiasm, with Bitcoin up approximately 150% in 2024. MicroStrategy's inclusion in the Nasdaq 100 also boosts sentiment.
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The Trump Organization has announced new real estate projects in Riyadh, partnering with Dar Global. This comes amid ongoing scrutiny of Trump's ties to Saudi Arabia following the Khashoggi incident. Eric Trump highlighted the success of previous ventures in the region, including Oman and Dubai.
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Following the ousting of Bashar al-Assad, Syria enters a precarious phase as rebel forces establish control. The international community, particularly the U.S., is reassessing its role amid fears of chaos and the resurgence of extremist groups. The situation remains fluid with no clear governance plan in sight.
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Former FBI officials express alarm over Kash Patel's potential confirmation as FBI director under President Trump. With Patel's history of loyalty to Trump and calls for agency reform, experts warn of diminished checks on FBI power and increased politicization of the bureau.