US House OKs $95bn Budget, Funds Iran War; Geopolitical Tensions Rise

US House OKs $95bn Budget, Funds Iran War; Geopolitical Tensions Rise

The US House of Representatives approved a $95 billion budget framework in a 216-214 vote, now heading to the Senate. A significant $73 billion is earmarked for armed forces and intelligence agencies, specifically to fund operations linked to a war against Iran. An additional $12 billion is for farmers and $10 billion for election-related programs. This development could heighten global geopolitical tensions, potentially increasing safe-haven demand for gold internationally and influencing local gold and currency rates in Pakistan.

بحوالہ / Source: www.brecorder.com