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Nicolas Sarkozy, the former French president, no longer has to wear an electronic tag. He was convicted of graft and ordered to wear the tag. Sarkozy served just over three months of his one-year sentence. He was granted early parole. However, he must report any travel abroad. He also needs to comply with summonses.
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During his Gulf tour, President Trump announced Qatar's $10 billion investment in the Al Udeid Air Base and highlighted $42 billion in Qatari defense purchases. He also addressed a potential deal for the UAE to import Nvidia AI chips, sparking national security concerns.
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Mark Mobius reaffirmed his bullish stance on Indian equities, despite geopolitical tensions with Pakistan. He criticized bureaucratic hurdles slowing foreign investments and urged investors to focus on fundamentals over market timing or headlines. His fund has started redeploying capital, with a preference for mid-cap stocks amid global market volatility.
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