Iran Financial News

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.

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.

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.

recent history. Viewers already know the dismal ending to the romance between Princess Diana (Elizabeth Debicki) and Dodi Fayed (Khalid Abdalla), but the drama is tightly drawn and mesmerising on screen. A gender-swapped remake of the film of 1988.

militants in Iraq and Syria have long battled with U.S. and coalition forces, launching sporadic attacks against bases in the region where troops are deployed to fight Islamic State group insurgents. But since Oct. 17, as civilian deaths in Israel's war against Hamas began to skyrocket, there has been a dramatic spike in attacks by Iran's proxies, operating under the umbrella name of the Islamic Resistance in Iraq. While most of the more than five dozen attacks have been largely ineffective, at least 60 U.S. personnel have reported minor injuries. Most often those have been traumatic brain injuries from the explosions, and all troops have returned to duty, according to the Pentagon. In response to the attacks, the U.S. has walked a delicate line. The U.S. military has struck back just three times as the Biden administration balances efforts to deter the militants without triggering a broader Middle East conflict. A look at the attacks and the U.S. response:

By Nicole Jao

technology ecosystems and learning resources, including in local languages. During the second edition of the Voice of Global South Summit, hosted by India, the ministers underlined the central role of teachers and education staff all over the world in promoting education and the need to foster an environment, including through capacity building and exchange programmes, that will enable them to thrive in their profession.

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.

Joe Biden and Xi Jinping held a US-China Summit on November 15. The US President and his Chinese counterpart discussed various global and bilateral issues. Here are 7 key takeaways.

Yemen have chanted slogans at their mass rallies calling for the destruction of Israel. But they never acted on it until the Israel-Hamas war began on Oct. 7. Since then, the Iran-backed Shiite Muslim force has launched at least six drone and missile attacks toward southern Israel, causing little to no damage.

Presidents Joe Biden and Xi Jinping are heading into their meeting at a country estate in California hoping to stabilize U.S.-China relations after a period of tumult

India has signed contracts to export about 500,000 metric tons of new season basmati rice to cash in on robust demand from top buyers in Europe and the Middle East, traders said on Wednesday. India annually exports more than 4 million tons of basmati — a premium long-grain variety famed for its aroma — to Iran, Iraq, Yemen, Saudi Arabia, the United Arab Emirates and the United States, among others. Europe is another big market for the rice. After imposing a ban on non-basmati white rice exports in June to stabilize domestic prices, India set a floor price, or minimum export price (MEP), of $1,200 a ton for overseas sales of basmati in August. However, as the floor price hampered exports of the premium variety and saddled farmers with large stocks of new-season rice, the government last month cut the floor price for basmati exports to $950 per ton. Trade came to a standstill after the August decision, but the lowering of the floor price has breathed new life into basmati rice trade, the traders said. «There's been a great deal of interest in India's new basmati rice crop and so far we have signed export contracts for around 500,000 tonnes,» said Prem Garg, president of the Indian Rice Exporters Federation. «Normally we start getting orders for the new crop in September and October but the MEP of $1,200 a metric ton made it difficult for us to sign any deals,» he said. Indian traders have signed basmati export deals between $1,000 and $1,500 a metric ton, two exporters including Garg said. Turkey, Iraq and Saudi Arabia are top buyers of the rice so far this year, aid Vijay Setia, a leading exporter from Haryana, a top basmati rice producing state in the north. «Despite the MEP of $950 a metric ton, it looks like

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.

The United States says it has imposed a third round of sanctions on a group of Hamas officials, members of the Palestinian Islamic Jihad who work to transfer money from Iran to Gaza, and a Lebanese money exchange service that facilitates the transfers

Read our coverage of the Israel-Hamas war and the Ukraine war A concatenation of crises is hardly unprecedented. Sergey Radchenko, a historian, points to the examples of the Soviet invasion of Hungary and the Suez crisis overlapping in 1956, crises in Lebanon and the Taiwan Strait in 1958 and the tumultuous years of 1978-79, when the Chinese invasion of Vietnam, the Islamic revolution in Iran and the Soviet Union’s invasion of Afghanistan unfolded in quick succession. In 1999 India and Pakistan, newly armed with nuclear missiles, waged a war over Kashmir while NATO bombed Serbian forces in Yugoslavia.

The leader the federal official Opposition is calling for immediate action against the Iranian regime, in the wake of Global News reporting revealing the extent of the Islamic republic’s interference in Canada.

PTI reported. In an official statement, the DMRC said the entry tickets will be available at only 55 selected metro stations including Shaheed Sthal (New Bus Adda), Dilshad Garden, Shahdara, Inderlok, Netaji Subhash Place, Rohini West, Rithala, Noida City Centre, Mandi House, Kashmere Gate and Barakhamba station among others.

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.

In a bid to circumvent traditional financial oversight, Hamas has increasingly turned to crypto for fund transfers, according to a new Wall Street Journal report.

BitMEX founder Arthur Hayes believes that Bitcoin will outperform bonds during times of war, despite a potential initial sell-off.

By Phil Stewart and Suleiman Al-Khalidi