Iran Financial News

Reuters reported. A spokesperson of the global human rights body also informed that it will likely conduct a debate on the issue of the rise of religious hatred later this week. The Koran burning incident in Sweden drew criticism from various quarters.

President Vladimir Putin says that the Russian people were “united as never before” as he sought to project confidence in the wake of a short-lived revolt at a meeting of a rare international organization where he can find a sympathetic audience

Vladimir Putin claimed Tuesday that the Russian people were «united as never before,» as he sought to project confidence in the wake of a short-lived revolt, at a meeting of a rare international organization where he can find a sympathetic audience. The Shanghai Cooperation Organization meeting, hosted via videoconference by India, was Putin's first multilateral summit since an armed rebellion rattled Russia and comes as he is eager to show that the West has failed to isolate Moscow over its 2022 invasion of Ukraine.

Xi Jinping urged Russian, Iranian and other leaders on Tuesday to work towards safeguarding «regional peace» as he addressed a virtual summit of their Shanghai alliance. Xi «called for efforts to safeguard regional peace and ensure common security», state news agency Xinhua said, adding that he urged member states of the Shanghai Cooperation Organisation to «follow the right direction and enhance their solidarity and mutual trust».

Prime Minister Narendra Modi gave a clarion call for SCO member nations to stand against terrorism during his address at the SCO Summit on Tuesday.  "Terrorism is a threat to regional and global peace.

SCO) on Tuesday will hold an online summit hosted by India seeking to expand the influence of the Eurasian group by including Iran and opening a path to membership for Belarus. China's President Xi Jinping and Russian leader Vladimir Putin will participate in the virtual summit, which will be Putin's first appearance at an international event since the short-lived mutiny by the Wagner mercenary group in late June.

Iran, one of India's key neighbours, will formally become a full member of the Shanghai Cooperation Organization (SCO) at the summit held under New Delhi's presidency on Tuesday in what would further boost connectivity initiatives via INSTC and Chabahar Port. Although Iran originally requested to join the alliance 15 years ago, membership was not approved until 2021 as SCO follows a rigorous process of admission. Iran plays a key role in INSTC and Chabahar Port as India's outreach to Russia and Central Asia.

The next Shanghai Cooperation Organisation (SCO) Summit will be hosted by India virtually on Tuesday. The summit is set to be joined by all SCO member states including China and Pakistan. Major highlight will be the participation of Chinese President Xi Jinping and Pakistan's PM Shehbaz Sharif.  Russian President Vladimir Putin will also be the part of the summit.

NEW DELHI : The leaders’ summit of the Shanghai Cooperation Organization (SCO) takes places on Tuesday under the chairmanship of India, with a likely push for inducting Iran and possibly Belarus as new members. Apart from Prime Minister Narendra Modi, the virtual summit is set to be attended by President Xi Jinping of China, Prime Minister Shehbaz Sharif of Pakistan, President Vladimir Putin of Russia and the leaders of a number of Central Asian countries. The previous summit took place in Samarkand, Uzbekistan, in September last year.

Narendra Modi will host Chinese President Xi Jinping, his Russia counterpart Vladimir Putin, Pakistan's Shehbaz Sharif and other leaders of the SCO nations at a virtual summit of the bloc on Tuesday that is expected to focus on regional security situation and ways to boost connectivity and trade. It will be Putin's first participation in a multilateral summit after a mercenary group launched a short-lived armed rebellion last week that rocked Moscow. The summit of the Shanghai Cooperation Organisation (SCO) under India's presidency is also set to welcome Iran as the new permanent member of the grouping. The situation in Afghanistan, the Ukraine conflict and enhancing cooperation among the SCO member countries are expected to figure in the summit, people familiar with the matter said, adding boosting connectivity and trade is also likely to be discussed. The summit is also taking place against the backdrop of the over three-year eastern Ladakh border standoff between Indian and Chinese troops, and two weeks after Prime Minister Modi's high-profile visit to the US. The SCO, comprising India, China, Russia, Pakistan, Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan, is an influential economic and security bloc and has emerged as one of the largest transregional international organisations.

Israel carried out airstrikes on areas near the central Syrian city of Homs early Sunday causing material damage but no casualties, the Syrian military said in a statement. Syrian state media quoted an unnamed military official as saying the air defences shot down some of the missiles fired by Israeli warplanes flying over neighbouring Lebanon.

Shortly after President Vladimir Putin’s invasion of Ukraine early last year, hundreds of aging tankers were snapped up by a cohort of faceless traders, intermediaries and investors to keep Russian oil flowing. By some estimates, the purchases, which added to vessels that were already transporting crude for Venezuela and Iran, created a more than 900-strong dark fleet. Now, the average age of the ships being purchased is declining, according to data from VesselsValue Ltd., a researcher of shipping deals.

Narendra Modi will advocate sharing best practices from the Indian Startup sector to promote innovation and business in the Eurasian region at next week’s Shanghai Cooperation Organisation (SCO) Summit. The PM has put special emphasis on promoting Startup culture through the SCO platform to encourage young entrepreneurs and boost the economy of the vast Eurasian region. Besides the PM, presidents of Russia, Belarus, China, Pakistan’s prime minister and other Central Asian leaders, would attend the SCO Summit virtually.

Binance has disclosed a collaboration between its Sanctions Investigation Team and Israel’s Ministry of Defense in a counterterrorism operation against Iranian and Hezbollah terrorist groups.

Israel has seized crypto wallets containing millions of dollars intended to fund terror, the country’s National Bureau for Counter Terrorist Financing announced June 28. Israeli Defense Minister Yoav Gallant credited collaboration among the Israeli defense and justice ministries, Israeli intelligence and new technology for the operation, according to local media.

Israel has seized millions of dollars worth of cryptocurrency allegedly used to finance the Iran-backed militant groups.

A US district judge signed a court order on Tuesday allowing Bittrex customers to make withdrawals following back and forth between the court and the US government.

BEIJING — Venture capitalists in China that once relied on U.S. investors are now holding court with Middle Eastern money.

Russian and Iranian crypto and fintech industry group leaders have discussed ways the nations could use tokens to evade sanctions and facilitate trade.

The US Department of Justice objected to a proposal by crypto exchange Bittrex to return money to customers as part of its liquidation plan. 

The United States Justice Department (DOJ) has filed an objection to a motion by bankrupt cryptocurrency trading platform Bittrex to allow customers to withdraw their crypto and fiat. The U.S. Treasury’s Office of Foreign Asset Control (OFAC) is Bittrex’s biggest creditor, but its claim would be subordinated under the Bittrex proposal.