Iran Financial News

In a decisive response to the recent terrorist attack on Israel, the US Department of the Treasury's Office of Foreign Assets Control (OFAC) designated ten individuals and entities linked to the Hamas terrorist organization. This action, aimed at crippling the financial structures supporting Hamas, encompasses individuals and operations not only in the Gaza Strip but extends to Sudan, Türkiye, Algeria, and Qatar.

The last American President who tried to finance a war along with a new Great Society was Lyndon Johnson. It ended in inflation and retreat in Vietnam. President Biden now wants Congress to help allies win two wars abroad, and deter a third over Taiwan, yet he wants to continue spending on everything as if nothing in the world has changed.

Iran said on Tuesday it was «natural» for Tehran-backed groups to attack Israel in light of its war on Hamas, warning of a wider spillover if no ceasefire is reached. The remarks were made by Iran's top diplomat Hossein Amir-Abdollahian in Qatar's capital Doha where he met with Emir Sheikh Tamim bin Hamad Al-Thani and his Qatari counterpart to discuss a push for a diplomatic breakthrough. «It is natural that the resistance groups and movements do not remain silent against all these crimes» committed by Israel, Amir-Abdollahian said in remarks relayed by Iran's foreign ministry. «They will not wait for anyone's advice, therefore we need to use the last political opportunities to stop the war,» he said after talks with Sheikh Tamim, warning the situation could «get out of control». Israel launched its assault in response to an unprecedented attack by Hamas on October 7 when its militants poured across the Gaza border, killing more than 1,400 people, mostly civilians, and taking more than 230 hostages, according to Israeli authorities.

Catch LIVE updates from Israel-Gaza war here Notably, maps from China has often been the bone of contention in the East Asian Nation's diplomatic relation with other countries. Notably, the absence coincides with China's often non-committal diplomatic stance toward the Middle East and has raised questions among Chinese netizens, particularly in light of recent conflicts.

Dafna persevering under the threat of a new front opening in Israel's war with Hamas in Gaza. Here, a few hundred metres (yards) from south Lebanon, where Israeli foe Hezbollah holds sway, the spectre of another October 7 haunts civilians. Almost all of the 1,050 residents of this agricultural community were evacuated to hotels close to the nearby Sea of Galilee.

Europe had been moving towards the slaughterhouse for years, and by 1914 a conflict was all but inevitable—that, at least, is the argument often made in hindsight. Yet at the time, as Niall Ferguson, a historian, noted in a paper published in 2008, it did not feel that way to investors. For them, the first world war came as a shock.

Check all the LIVE updates here“Hamas is a part of the axis of evil Iran has formed, an axis of terror that works by arming, training and financing Hamas in Gaza, Hezbollah in Lebanon, the Houthis in Yemen and other terror proxies throughout the Middle East and beyond the Middle East," said Benjamin Netanyahu. Israel Prime Minister Benjamin Netanyahu said, “The horrors that Hamas perpetrated on October 7, remind us that we will not realize the promise of a better future unless we, the civilized world, are willing to fight the barbarians because the barbarians are willing to fight us...This is a turning point, a turning point for leaders and nations. It is time for all of us to decide if we are willing to fight for a future of hope and promise or surrender to tyranny and terror.

The World Bank says oil prices could be pushed into “uncharted waters” if the violence between Israel and Hamas widens

TEL AVIV—Israel’s Prime Minister Benjamin Netanyahu issued a rare apology Sunday that inadvertently framed the political crisis that has engulfed him. A few hours earlier, facing mounting criticism for the Hamas attacks that killed 1,400 Israelis, he publicly blamed the security failures on Israel’s defense and intelligence services. He hadn’t been warned of Hamas’s intention to start a war, he wrote in a tweet on X, saying that defense and intelligence officials had “assessed that Hamas was deterred." Soon after, he deleted the tweet and apologized.

Narendra Modi unveiled this ambitious project on 9 September during the G-20 summit in New Delhi. It has the potential to change face of Asia and Europe through the building of transport and communication links via rail, road, and the sea. Along with the US, Saudi Arabia, UAE, the EU, Italy, France, and Germany have signed a Memorandum of Understanding for this project.

Investing.com — Fear across global markets is expected to hit fever pitch in the coming week, with stock markets likely tanking and favorite commodity plays oil and gold rising, as Israel enters the much-anticipated heightened phase of its war with Hamas, attacking Gaza from land, air and sea.  

Donald Trump pledged to restore the “travel ban" that targeted seven Muslim-majority countries, if he is re-elected to the White House next year. “You remember the travel ban? On day one I will restore our travel ban," Donald Trump said on October 28, while addressing a Republican Jewish Convention in Las Vegas. Donald Trump was referring to the 2017 order issued by his administration, that imposed a blanket ban on the entry of travellers from Iran, Libya, Somalia, Syria, Yemen, Iraq and Sudan.

Israel-Hamas war on the world economy may take time to become apparent but it would worsen if it spread to the Middle East, notably Iran, a major oil producer and Hamas sponsor. The global economy would be affected by rising oil prices near $90. Further escalation of the conflict towards other Middle Eastern oil producers is concerning and requires careful monitoring, especially given the global economy's 'higher for longer' interest rate scenario.

Trump used a speech to a Republican Jewish convention Saturday to promise reimposition of a controversial travel ban that targeted a slew of mostly Muslim countries if he gets re-elected. «We will keep radical Islamic terrorists the hell out of our country,» Trump told the audience attending the annual summit of the Republican Jewish Coalition. «You remember the travel ban? On day one I will restore our travel ban.» At the start of his presidency in 2017, Trump imposed sweeping restrictions on the entry of travelers from Iran, Libya, Somalia, Syria, Yemen and, initially, Iraq and Sudan.

In many ways, Elon Musk is the world’s biggest doomsday prepper. The billionaire entrepreneur has made his fortune and reputation chasing a future bettered by technology. The flip side of his optimism is a fixation on worst-case scenarios he is determined to avoid.

₹7,153 per bbl, having swung between ₹6,932 and ₹7,154 per bbl during the session so far, against a previous close of ₹6,945 per barrel. Also Read: Crude oil deficit to high inflation: How can the Israel-Hamas war impact Indian economy? — Explained -Israeli air and ground forces were stepping up operations in the Gaza Strip amid reports of heavy bombing of the besieged enclave. Several countries, including many Arab states, have urged Israel to delay a planned ground invasion that would multiply civilian casualties and might ignite a wider conflict.

Israel's army relentlessly hammered Gaza on Saturday after fierce overnight bombardment that rescuers said destroyed hundreds of buildings three weeks into a war sparked by the deadliest attack in the country's history. Turkey's Recep Tayyip Erdogan urged Israel to halt the attacks, while the families of Israeli hostages held by Hamas said they had been snubbed by the government when asking about their fate. Israel unleashed its bombing campaign after Hamas gunmen stormed across the Gaza border on October 7, killing 1,400 people, mostly civilians, and seizing more than 220 hostages, according to Israeli officials. The health ministry in the Hamas-run Gaza said Israeli strikes had killed 7,703 people, mainly civilians, with more than 3,500 of them children. The conflict is the fifth and deadliest in Gaza since Israel unilaterally withdrew from the Palestinian territory in 2005. The latest Israeli strikes against Hamas, the Islamist group that has ruled Gaza since 2007, were the most intense since the war broke out.

FII DII data: Despite trend reversal on Dalal Street during Friday deals, foreign institutional investors (FIIs) continued to remain net sellers on Friday last week. The FIIs sold out Indian stocks worth near ₹1500 crore on last session of the week gone by. On 27th October 2023, FIIs sold out Indian stocks to the tune of ₹10,860 crore whereas they bought shares worth ₹9,360 crore on Friday.

Israel, escalating a rhetorical back-and-forth that has stoked fears the Israeli conflict with Hamas will spread into a wider regional war. Foreign Minister Hossein Amirabdollahian declined to detail the consequences Iran might have in store.

Israel-Gaza War LIVE: Israel intensified its attacks in the Gaza Strip, resulting in a significant disruption of internet and communication services, as reported by The Associated Press (AP).Meanwhile, Hamas announced on Saturday that its fighters in Gaza are prepared to respond with full force to Israeli attacks, as Israel expanded its air and ground operations in the Palestinian enclave.Reuters reported, that the Gaza-based Palestinian militant group, which governs the region, previously stated that its fighters were engaging in clashes with Israeli troops in areas close to the border with Israel. This came in response to Israel's reports of escalated attacks in Gaza."In addition to the attacks carried out in the last few days, ground forces are expanding their operations tonight," Israeli military spokesman Rear Admiral Daniel Hagari said in a televised news briefing on Friday evening.Check all the Israel-Gaza War LIVE Updates here“Deeply concerned" over the deteriorating security situation and the astounding loss of civilian lives in the ongoing conflict between Israel and Hamas, India at the UN urged both parties to “de-escalate, eschew violence."India's Deputy Permanent Representative to the United Nations Yojna Patel on Friday (local time) in her remarks at the United Nations General Assembly Emergency Special Session on the Israel-Hamas war said, “India is deeply concerned at the deteriorating security situation and the astounding loss of civilian lives in the ongoing conflict.

The United States on Friday expanded its effort to cut off funding for Hamas, announcing a second round of sanctions against people and organizations linked to the group since it launched an attack on Israel that killed more than 1,400 people