U.S. Defense Secretary <strong>Pete Hegseth</strong> announced that the upcoming days will be crucial in determining the course of the ongoing conflict between the <strong>United States</strong> and <strong>Iran</strong>. This statement comes amid rising tensions in the region.
Former Malaysian Finance Minister <strong>Lim Guan Eng</strong> has urged the government to take immediate action to provide financial assistance to small and medium-sized enterprises (SMEs) facing rising operational costs due to the conflict in the Middle East. He emphasized that increasing logistics costs and raw material price volatility threaten the survival of Malaysian businesses.
In March, the Romanian Central Bank spent over <strong>€1 billion</strong> (approximately <strong>$1.2 billion</strong>) to protect its currency from the negative impacts of global disruptions caused by the Middle East conflict. This action comes at a critical time as Romania seeks to maintain its financial stability amidst market volatility.
In a significant development, former U.S. President <strong>Donald Trump</strong> announced that the ongoing conflict between the United States, Israel, and Iran could conclude within two to three weeks. Meanwhile, Kuwait's airport has experienced multiple drone attacks, escalating regional tensions.
A heated discussion took place in the European Parliament regarding the EU's involvement in the ongoing war in the Middle East. MEPs Reho Teraas and Özlem Demirel clashed over the necessity of military intervention.