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Trump Rejects Iran Ceasefire Response as Drones Hit Gulf Shipping
President Donald Trump rejected Iran's response to a US ceasefire proposal as drones struck commercial shipping off Qatar and entered UAE and Kuwaiti airspace. Tehran demanded a permanent end to the war on all fronts, including Lebanon, and guarantees for shipping security.
SecurityUAE air defences shoot down two Iranian drones over Gulf waters
UAE air defence systems intercepted two drones launched from Iran on Sunday as a cargo ship was struck in Qatari waters and Kuwait detected hostile drones, the sharpest test of a ceasefire now in its fifth week.
MarketsBurry warns semiconductor rally echoes dot-com bubble final phase
Michael Burry, the investor who predicted the 2008 housing crash, has warned the AI-driven semiconductor rally mirrors the final months of the 1999-2000 dot-com bubble, disclosing put options on Nvidia, Palantir and chip ETFs representing 80 per cent of his hedge fund portfolio.
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