City Tehran Financial News
06.01 / 08:43
Citi
Southern
War
show
Traffic
Iran Guards commander challenges 'enemy' naval presence in region
Guards vowed on Saturday to reach «the enemy» far and near as tensions soar on key shipping routes where Tehran's allies have been attacking vessels. «Today, we are facing an all-out battle with the enemy,» said Guards commander Hossein Salami at a ceremony in the southern Gulf port city of Bandar Abbas, where the Guards' navy unveiled a new ship named «Abu Mahdi» and 100 missile launchers. Salami did not name the enemy, but 22 nations have agreed to participate in a U.S.-led coalition to safeguard commercial traffic in the Red Sea from attacks by Yemen's Iran-backed Houthi movement. The Houthi attacks since November are a show of support for the Palestinian group Hamas in its war with Israel. In response, many major shipping companies have switched to the longer and more costly route around the Africa's Cape of Good Hope rather than pass through the Suez Canal, which handles about 12% of global trade. «We need to defend our national interests to wherever they extend,» Salami said in a televised speech. «It will be harmful for the enemy to be found near and at a half distant.
05.01 / 04:37
Provident
Action
War
country
outbreak
Houthis launch sea drone to attack ships hours after US, allies issue final warning
Houthi-controlled Yemen got within a “couple of miles" of U.S. Navy and commercial vessels in the Red Sea before detonating on Thursday, just hours after the White House and a host of partner nations issued a final warning to the Iran-backed militia group to cease the attacks or face potential military action. Vice Admiral Brad Cooper, the head of U.S.
03.01 / 15:37
security
Death
President
country
hospital
2020
reports
Iran terror attack LIVE: Death toll rises to 103, Iran declares day of mourning on Thursday
Iran terror attack LIVE: Amid the twin explosions in Iran's Kerman – about 820 kilometers (510 miles) southeast of Tehran – Iran officials have called it a terrorist attack.Mohammad Saberi – the head of Kerman’s emergency services – has confirmed to state media that more of the critically injured in the blasts have now died, bringing the total number of dead to 103, adding over 141 are wounded and the numbers may rise.Meanwhile, an emergency has been imposed in all the hospitals of the province.Iran’s head of Judiciary, Gholam Hossein Mohseni-Ejei, has released a statement He had said, as quoted by Al Jazeera, “The agents and perpetrators of this grievous crime will undoubtedly be punished."“Responsible intelligence, security and law enforcement agencies are obligated to promptly pursue all the evidence and perpetrators and hand them over to the Judiciary."No outfit has claimed responsibility of the attack as of yet.As per details, the explosions took place in quick succession near the grave of Iranian general Qasem Soleimani, as the country marked the anniversary of his killing in a US drone strike in Iraq.Iran’s Interior Minister Ahmad Vahidi said that the initial explosion took place at 3.00 pm local time, with a subsequent explosion occurring after people had assembled to assist in the aftermath of the first incident, adding, the majority of casualties resulted from the second explosion.Here are the live updates.Iran terror attack LIVE: Russian President Vladimir Putin on 3 January condemned the Iran blasts and referred to it as 'shocking in cruelty and cynicism', reported AFP.Iran terror attack LIVE: Iran declared Thursday a day of mourning following twin blasts that killed at least 103 people near the grave of
01.01 / 17:18
Entertainment
film
Actor
country
stars
'Pathaan' star John Abraham purchases palatial bungalow for Rs 75 cr
Mumbai: Bollywood actor and producer John Abraham has snapped up a luxury property in the tony Khar area of the megapolis for over Rs 75 crore, according to sources. The 51-year-old actor-producer who is also an astute investor in many realty projects and companies apart from being a sports enthusiast, lives in a sea-facing penthouse on the Hiten Apartments on the Shirley Rajan Road in Bandra West.
26.12 / 19:18
Provident
Cooper
Action
economy
Southern
country
India to initiate strict action against Red Sea attackers: Rajnath Singh
NEW DELHI : Union defence minister Rajnath Singh, has vowed to take decisive action against those responsible for the assaults on the India-linked shipping vessels, MV Chem Pluto and MV Sai Baba, amid escalating tensions in the Red Sea region. For over a month, attacks by Yemen’s Houthi rebels on vessels using the crucial Red Sea shipping route have heightened uncertainty in the global economy. “The recent drone attacks on the MV Chem Pluto in the Arabian Sea and a few days ago on the MV Sai Baba in the Red Sea have been taken very seriously by the Indian government.
25.12 / 02:46
Target
Ripple
concert
Drone attacks: High alert on the high seas
Are ripples of hostility from the Gaza War reaching Indian shores? Over the weekend, an oil tanker with 25 Indians on board—all confirmed safe—was struck by a drone in the Red Sea, according to the US, which is patrolling this trade route being disrupted by Yemen’s Iran-sponsored Houthi militia. Hours earlier, a Mangalore-bound ship suffered a drone attack off the coast of Gujarat, making India rush armed forces to its defence.
24.12 / 11:34
Target
Southern
country
reports
testing
travelers
Iran's navy adds sophisticated cruise missiles 'Talaeieh and Nasir' to its armoury
Iran's navy on Sunday added domestically produced sophisticated cruise missiles to its arsenal, state TV reported. The TV said both Talaeieh and Nasir cruise missiles have arrived at a naval base near the Indian Ocean in the southern Iranian port of Konarak, some 1,400 kilometers (850 miles) southeast of the capital, Tehran.
24.12 / 02:50
Provident
Target
Cooper
Waters
Extreme
UK Foreign Secretary David Cameron brands Iran 'malign influence' after shipping attacks
UK Foreign Secretary David Cameron has branded Iran «a thoroughly malign influence in the region and in the world» in an interview published Sunday in which he also pledged stepped-up deterrence towards Tehran. The former British prime minister's warning echoes accusations by the United States Friday that Iran is involved in attacks on commercial ships by Yemen's Huthi rebels, providing drones, missiles and tactical intelligence.
22.12 / 05:15
Provident
Cooper
economy
Align
President
show
country
The War in Ukraine Has Created a New ‘Axis of Evil’
Beaming at every turn, North Korean dictator Kim Jong Un toured the jewels of Russia’s military industries in September. A guest of President Vladimir Putin, he gawked at the plant making Su-35 jet fighters, inspected a Russian Navy frigate and examined the Kinzhal missiles at the Vostochny spaceport. Soon thereafter, trainloads of North Korean artillery shells started rolling to Russian troops in Ukraine—by American calculations, as many as one million munitions, or roughly three times what European nations had been able to supply in a whole year.
04.12 / 08:40
Provident
Target
country
reports
Department
prevention
3 commercial ships hit by missiles in Houthi attack in Red Sea, US warship downs 3 drones
The U.S. military says three commercial ships in the Red Sea were struck by ballistic missiles fired from Houthi-controlled Yemen, and a U.S. warship shot down three drones in self-defense during the hourslong assault
21.11 / 12:49
Target
Citizens
Platform
Southern
country
social
reports
India-bound cargo ship hijacked by Houthi rebels in Rea Sea | Watch
Galaxy Leader, was hijacked on Sunday in the southern Red Sea by Yemen’s Houthi rebels, reported AP. The vessel en route from Turkey to India is believed to be having 25 people on board. Houthi rebels, who control northern Yemen and its Red Sea coast, said the vessel was Israeli.
20.11 / 08:11
Fighting
Southern
consequences
SOLIDARITY
Iran denies involvement in Red Sea ship seizure by Yemen's Houthis
Iran denied Israeli claims that it was involved in the seizure of a British-owned and Japanese-operated cargo ship in the southern Red Sea by Yemen's Houthis, Foreign Ministry Spokesperson Nasser Kanaani said on Monday at a press conference. On Sunday, Israel said the incident was an «Iranian act of terrorism» with consequences for international maritime security. The Houthis, an ally of Tehran, have been launching long-range missile and drone salvoes at Israel in solidarity with the Palestinian Hamas militants fighting in the Gaza Strip.
19.11 / 16:57
Reuters
Cooper
Action
Remark
President
country
reports
Israel-Hamas war: ‘At least cut off…’: Iran Supreme Leader Khamenei's appeal to Islamic nations
Ayatollah Ali Khamenei issued an appeal to all Muslim-majority countries on November 19, asking them to snap political ties with the Zionist state. "Islamic governments should at least cut off political ties to Israel for a limited time," Khamenei said on November 19, while attending a military exhibition in Tehran.
19.11 / 15:41
Target
Citizens
Southern
consequences
SOLIDARITY
Israel says Houthis seize ship in Red Sea, no Israelis among owners or crew
Israel said on Sunday that Yemen's Houthis had seized a British-owned and Japanese-operated cargo ship in the southern Red Sea, describing the incident as an "Iranian act of terrorism" with consequences for international maritime security. The Houthis, an ally of Tehran, have been launching long-range missile and drone salvoes at Israel in solidarity with the Palestinian Hamas militants it has been battling in the Gaza Strip since Oct 7. Last week, the Houthi leader said his forces would make further attacks on Israel and they could target Israeli ships in the Red Sea and the Bab al-Mandeb Strait. There was no immediate comment from the Houthis on Sunday. Israeli Prime Minister Benjamin Netanyahu's office said a ship — which it did not name — had been seized, and stressed that Israel was not involved in its ownership, operation or the make-up of its international crew. «There were no Israelis on the ship,» it said. «This is another Iranian act of terrorism that represents an escalation in Iran's belligerence against the citizens of the free world, with concomitant international ramifications vis-a-vis the security of global shipping routes.» The Israeli military said in an earlier statement the ship seizure took place in the Red Sea.
16.11 / 13:18
Citizens
Action
Gap
shootings
country
2020
reports
Justin Trudeau won’t say if Canada will designate the IRGC a terrorist organization
A Global News investigation has found evidence that Canada has become a safe haven for affiliates of the Islamic Republic of Iran who are allegedly threatening the lives of Iranian Canadians, and other dissidents in this country.
15.11 / 09:53
Cooper
Action
Assurant
economy
President
show
country
Biden, Xi meeting is aimed at getting relationship back on better footing, but tough issues loom
Joe Biden and Xi Jinping head into their big meeting at a country estate on Wednesday hoping to stabilise US-China relations after a period of tumult, but the US president also is prepared to confront his counterpart on difficult issues such as trade, Beijing's burgeoning relationship with Iran and human rights concerns. The two leaders, who will meet on the sidelines of a summit of Asian-Pacific leaders, last spoke a year ago. Since then, already fraught ties between the two economic superpowers have been further strained by the U.S.
14.11 / 02:19
Provident
Align
President
shootings
reports
testing
prevention
US-China ties: Joe Biden to meet Xi Jinping on APEC summit sidelines. What to expect?
Biden-Xi bilateral will be the marquee moment of the forum, which is dedicated to promoting trade, investment, and economic development among nations around the Pacific Ocean. The meeting came amid rising tension between the two nations following a series of events touched off by the shooting down of a Chinese spy balloon that had wafted across the US earlier this year. 1) Trade, Taiwan, and managing fraught US-Chinese relations are likely to feature in the talks between the two world leaders.
09.11 / 10:45
Provident
Action
economy
President
Iran rejects G7 calls to stop supporting Hamas
Iran on Thursday rejected a G7 statement which called on Tehran to stop supporting Hamas militants and taking actions that «destabilise» the Middle East. Tehran's comment came a day after foreign ministers from the G7 group of advanced economies, meeting in Tokyo, expressed support for «humanitarian pauses and corridors» in the Israeli-Hamas war. Israeli air strikes have pounded the Palestinian territory of Gaza since Hamas gunmen stormed across the heavily militarised border on October 7 to kill more than 1,400 people, most of them civilians, and seize around 240 hostages, according to Israeli officials. The subsequent Israeli bombing campaign in Gaza has killed more than 10,500 people, two-thirds of them women and children, according to the Hamas-run health ministry. The G7 also called on Iran to «refrain from providing support for Hamas and taking further actions that destabilise the Middle East, including support for Lebanese Hezbollah and other non-state actors.» On Thursday, Iran's foreign ministry spokesman Nasser Kanani «strongly condemned» the statement by the group which includes the United States, Britain, Germany, Canada, Italy, France, and Japan. He said Iran has engaged in «non-stop efforts to stop military attacks of the Zionist aggressor regime (Israel) on the defenceless citizens» in Gaza.
09.11 / 02:51
Target
Waters
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country
shock
prevention
Time
US strikes Iran-linked weapons in Syria for second time in two weeks, 9 killed
Iran and its proxies from turning the Israel-Hamas fighting into a regional war, but the repeated attacks and strikes in response risk a conflict between Washington and Tehran. "US military forces conducted a self-defense strike on a facility in eastern Syria used by Iran's Islamic Revolutionary Guard Corps (IRGC) and affiliated groups.
07.11 / 06:41
economy
Death
love
country
Iran Might Have Miscalculated in Gaza
Most news and commentary describes the war in Gaza as the latest brutal episode in the conflict between Israelis and Arabs. That is one dimension, but from the perspective of world-power politics, it isn’t the most important. What really matters in the Middle East is the battle between Iran, increasingly backed by Russia and China, and the loose and uneasy group of anti-Iranian powers that includes Israel and the American-backed Arab states.
04.11 / 08:47
Fighting
Southern
show
Support
State-organised rallies in Iran mark 1979 US embassy seizure, support Gaza
Iran on Saturday marking the 1979 seizure of the U.S. embassy with cries of «Death to America» and «Death to Israel» in support of Palestinians under Israeli bombardment in Gaza. Radical Iranian revolutionary students stormed the embassy soon after the fall of the U.S.-backed Shah 44 years ago, holding 52 Americans hostage for 444 days. In Tehran, demonstrators marched on Saturday from Palestine Square in the heart of the capital to the former U.S.
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