Global Reaction to Trump’s Election Victory

 Former US President and Republican presidential candidate Donald Trump points to his wife former US First Lady Melania Trump during an election night event at the West Palm Beach Convention Center in West Palm Beach, Florida, early on November 6, 2024. (AFP)
Former US President and Republican presidential candidate Donald Trump points to his wife former US First Lady Melania Trump during an election night event at the West Palm Beach Convention Center in West Palm Beach, Florida, early on November 6, 2024. (AFP)
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Global Reaction to Trump’s Election Victory

 Former US President and Republican presidential candidate Donald Trump points to his wife former US First Lady Melania Trump during an election night event at the West Palm Beach Convention Center in West Palm Beach, Florida, early on November 6, 2024. (AFP)
Former US President and Republican presidential candidate Donald Trump points to his wife former US First Lady Melania Trump during an election night event at the West Palm Beach Convention Center in West Palm Beach, Florida, early on November 6, 2024. (AFP)

World leaders rushed to congratulate Republican Donald Trump on Wednesday after Fox News projected he had defeated Democratic Vice President Kamala Harris in the US presidential election, which would cap a stunning political comeback four years after he left the White House.

Here are views from financial market participants.

VOLODYMYR ZELENSKIY, PRESIDENT OF UKRAINE

"I appreciate President Trump’s commitment to the 'peace through strength' approach in global affairs. This is exactly the principle that can practically bring just peace in Ukraine closer," Zelenskiy said on X.

BENJAMIN NETANYAHU, PRIME MINISTER OF ISRAEL

"Congratulations on history's greatest comeback! Your historic return to the White House offers a new beginning for America and a powerful recommitment to the great alliance between Israel and America. This is a huge victory! In true friendship," Netanyahu wrote on X.

EMMANUEL MACRON, PRESIDENT OF FRANCE

"Congratulations, President Donald Trump. Ready to work together just as we knew how to do during four years. With your convictions and with mine. With respect and ambition. For more peace and prosperity.," Macron wrote on X.

KEIR STARMER, BRITISH PRIME MINISTER

"Congratulations President-elect Trump on your historic election victory. I look forward to working with you in the years ahead. As the closest of allies, we stand shoulder to shoulder in defense of our shared values of freedom, democracy and enterprise."

MARK RUTTE, SECRETARY-GENERAL OF NATO

"I just congratulated Donald Trump on his election as President of the United States. His leadership will again be key to keeping our Alliance strong. I look forward to working with him again to advance peace through strength through NATO", he said in a post on X.

GIORGIA MELONI, PRIME MINISTER OF ITALY

In a post on X Meloni offered her "most sincere congratulations" to Trump, and said Italy and the United States had an "unshakeable alliance". "It is a strategic bond, which I am certain we will now strengthen even further," she said.

DMITRY MEDVEDEV, FORMER RUSSIAN PRESIDENT

"Trump has one useful quality for us: as a businessman to the core, he mortally dislikes spending money on various hangers–on and stupid hanger-on allies, on bad charity projects and on voracious international organizations," Medvedev, now a senior security official, posted on his official Telegram account.

DICK SCHOOF, DUTCH PRIME MINISTER

"Congratulations to @realDonaldTrump on winning the presidential election. The United States is an important ally for the Netherlands, both bilaterally and in international contexts such as NATO. I look forward to our close cooperation on the shared interests between the USA and the Netherlands," he posted on X.

KARL NEHAMMER, AUSTRIAN CHANCELLOR

"Congratulations to @realDonaldTrump on the election victory. The United States is an important strategic partner for Austria. We look forward to further expanding and strengthening our transatlantic relations to successfully address global challenges together."

VIKTOR ORBAN, HUNGARIAN PRIME MINISTER

"The biggest comeback in US political history! Congratulations to President @realDonaldTrump on his enormous win. A much needed victory for the World!" Orban posted on X.

PETR FIALA, CZECH PRIME MINISTER

"Congratulations to Donald Trump on winning the presidential election. Our shared goal is to ensure that the relations between our countries remain at the highest level, despite changes in administration, and that we continue to develop them for the benefit of our citizens," Fiala said on X.

MARCEL CIOLAC, PRIME MINISTER OF ROMANIA

"Congratulations to President @realDonaldTrump on this historic victory! Romania stands ready to work together to enhance our Strategic Partnership. Under your new leadership we hope for peace and prosperity for all our citizens! Looking forward to a fruitful collaboration!" he posted on X.

ULF KRISTERSSON, PRIME MINISTER OF SWEDEN

"I congratulate Donald Trump on being elected the next president of the United States. I look forward to working together and continuing the excellent US-Sweden relations as friends and allies."

JONAS GAHR STOERE, PRIME MINISTER OF NORWAY

"I would like to congratulate Donald Trump on his victory in the US presidential election. The US is Norway's most important ally and we work closely together in many areas. I look forward to continuing our cooperation with the US under Mr. Trump's leadership."

METTE FREDERIKSEN, PRIME MINISTER OF DENMARK

"Congratulations to Donald Trump on the election. The United States is our most important ally. We must maintain the close cooperation between the United States and Denmark and continue to strengthen the transatlantic bond that has endured through generations."

NAYIB BUKELE, PRESIDENT OF EL SALVADOR

"Congratulations to the President-Elect of the United States of America, @realDonaldTrump. May God bless and guide you," Bukele posted on X.



Germany Blames Russia for Airport Drone Incident, Hits Back with Sanctions

German Interior Minister Alexander Dobrindt R) and German Foreign Minister Johann Wadephul attend a press conference on the drone incident at Leipzig Airport in Berlin, Germany 01 September 2026. (EPA)
German Interior Minister Alexander Dobrindt R) and German Foreign Minister Johann Wadephul attend a press conference on the drone incident at Leipzig Airport in Berlin, Germany 01 September 2026. (EPA)
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Germany Blames Russia for Airport Drone Incident, Hits Back with Sanctions

German Interior Minister Alexander Dobrindt R) and German Foreign Minister Johann Wadephul attend a press conference on the drone incident at Leipzig Airport in Berlin, Germany 01 September 2026. (EPA)
German Interior Minister Alexander Dobrindt R) and German Foreign Minister Johann Wadephul attend a press conference on the drone incident at Leipzig Airport in Berlin, Germany 01 September 2026. (EPA)

Germany on Tuesday blamed Russia for an attempted "hybrid attack" involving an explosive-laden drone at a strategic airport last month and announced diplomatic counter-measures.

The European Union expressed "full solidarity" with Germany, NATO assured that it would defend its members and countries including Britain, Estonia and Poland offered strong backing.

Germany will close Russia's consulate in the former capital Bonn later this month, and cancel the contract for the Russian House, a cultural center in Berlin, said Foreign Minister Johann Wadephul.

"We are tightening entry controls for Russian nationals" and Germany would propose the listings of more Russian individuals for European Union sanctions, he added, as the Russian ambassador to Berlin was being summoned.

Germany's top diplomat also vowed that "we are increasing pressure on the Russian shadow fleet" -- a term for the old oil tankers and other cargo ships with opaque ownership Russia uses to get around Western sanctions.

Interior Minister Alexander Dobrindt said that after assessing the drone technology used and other intelligence, "the government concludes that Russia is responsible for the hybrid attack in Leipzig on August 4".

He blamed "low-level agents" for the operation and said "the drone configuration -- various components, explosives and ignition systems -- are known to us from other hybrid operations by Russia and its war against Ukraine".

"We do not view the Leipzig incident in isolation, but rather see it in the context of other hybrid actions," he said. "We assume that Germany is the target of further hybrid attacks by Russia."

"We are not at war, but we are a daily target of hybrid warfare."

European Union chief Ursula von der Leyen said the bloc stands in "full solidarity" with Germany, while NATO chief Mark Rutte said the alliance "will continue to strengthen our ability to deter and defend all Allies against any threat."

Germany, which supports Ukraine in its fight against Russia, has for months reported suspicious drone sightings over military and industrial sites, but the Leipzig incident raised the alarm as a drone found there carried explosives.

Police used a robot to defuse the device near a Ukrainian cargo plane. Another drone was reportedly found weeks later near the airport, also with traces of an explosive substance.

The airport in eastern Germany plays a key role in the transport of military goods, including by the German military and NATO allies, and also serves as a base for Ukraine's Antonov Airlines.

- 'Hub for espionage' -

Chancellor Friedrich Merz said last week that Germany has "found itself in the crosshairs of hybrid attackers" and warned that the perpetrators would "pay for them", without naming a target.

There had been much discussion of whether Germany should shut down Berlin's Russian House, which security services believe is both a center to spread propaganda and an intelligence hub.

The Russian House of Science and Culture, a seven-storey building opened in 1984 in what was then East Berlin, is located near the Russian embassy.

Conservative MP and security policy expert Roderich Kiesewetter recently told Welt TV that the facility is assumed to be a hub for espionage.

He said more than 100 people lived there "with no one knowing who they are" and that the building's power consumption is unusually high.

It was "presumably filled with technical surveillance equipment", he said, and used by "people who are not well-disposed toward Germany".

In recent weeks, the German government had explained it was so far keeping the Russian House open by pointing to its bilateral contractual link to the Goethe Institute in Moscow.

Kiesewetter had dismissed concerns about Russian countermeasures.

"Are we not closing it because we believe the Goethe Institutes in Russia would then be closed in retaliation?" he asked. "Then they'll just get closed."


Trump Warns of ‘Much Harder’ Action if Iran Retaliates to Strikes

A drone view shows vessels near the Strait of Hormuz, as seen from Musandam, Oman, August 28, 2026. (Reuters)
A drone view shows vessels near the Strait of Hormuz, as seen from Musandam, Oman, August 28, 2026. (Reuters)
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Trump Warns of ‘Much Harder’ Action if Iran Retaliates to Strikes

A drone view shows vessels near the Strait of Hormuz, as seen from Musandam, Oman, August 28, 2026. (Reuters)
A drone view shows vessels near the Strait of Hormuz, as seen from Musandam, Oman, August 28, 2026. (Reuters)

President Donald Trump warned Iran on Tuesday not to retaliate against the latest US strikes, saying Tehran faced "much harder and higher" attacks if it hits back. 

Trump said Tuesday's US attacks near the Strait of Hormuz were in response to Iran laying mines and shooting missiles at an American base in Jordan. 

"If the failed Nation of Iran retaliates for this very justified attack, they will be hit again at a much harder and higher level, but it will not be the biggest attack of them all, that is waiting in the wings and, when it is over, there will be very little left of the Islamic Republic of Iran!" Trump said on his Truth Social network. 

US forces launched strikes Tuesday against Iran's Revolutionary Guards in response to attempted attacks on commercial shipping and American forces, the US military said.

The strikes -- which began at 12:00 pm (1600 GMT) -- came after "recent attempted attacks by (the Guards) against commercial shipping in the Strait of Hormuz and against American service members deployed to the region," US Central Command said on X.

The Revolutionary Guards vowed to make the United States "regret" fresh attacks around the strait, despite Trump’s warning. 

"Severe punishment awaits the aggressors; the United States will regret its new attacks," said Guards spokesman Hossein Mohebi in a post on X, after explosions were heard in multiple areas along and east of Hormuz. 

After six months of war, the foes remain at an impasse, with Iran keeping the strategic Strait of Hormuz closed and the United States persisting with a counter-blockade of Iranian ports.

On Sunday, the United States carried out its first known strikes on Iran in several weeks, hitting an Iranian island in the Strait of Hormuz.

Tehran quickly retaliated by attacking US military targets in the Middle East.

Washington said its forces attacked Iranian rocket launchers on the island of Larak to prevent Tehran planting mines in the key shipping lane.

Iran responded with missile and drone attacks aimed at Jordan, saying they targeted US forces there.

Trump vowed at the time to "hit them hard," telling a Fox News reporter that "there will be a response."


Iran Parliament Speaker Urges Citizens to Cut Petrol Use

Drivers queue at a petrol station to refuel in Tehran, on August 25, 2026. (AFP)
Drivers queue at a petrol station to refuel in Tehran, on August 25, 2026. (AFP)
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Iran Parliament Speaker Urges Citizens to Cut Petrol Use

Drivers queue at a petrol station to refuel in Tehran, on August 25, 2026. (AFP)
Drivers queue at a petrol station to refuel in Tehran, on August 25, 2026. (AFP)

A top Iranian official called on citizens to curb their petrol consumption on Tuesday, as the country faces difficulty importing enough fuel to meet demand due to a US naval blockade.

"Of course, part of the responsibility for this high consumption does not lie with our people; it lies with our industry," parliament speaker and top negotiator Mohammad Bagher Qalibaf said in a televised address. "But in any case, what is clear is that we need to save gasoline in our consumption."