Iran Financial News

JD Vance, Republican Donald Trump's pick as his vice presidential running mate, squared off against Minnesota Governor Tim Walz, who Democrat Kamala Harris tapped to be her No. 2, in a nationally televised debate on Tuesday. The debate is likely the final one of the 2024 presidential campaign, potentially giving it some additional weight ahead of the Nov. 5 election. Here are some takeaways from the event in New York:

Since graduating with a degree in economics from the University of Birmingham in 2018, Joel has worked as a financial market/cryptocurrency analyst. He firmly believes that emerging crypto technology...

Since graduating with a degree in economics from the University of Birmingham in 2018, Joel has worked as a financial market/cryptocurrency analyst. He firmly believes that emerging crypto technology...

U.S. stocks pulled back from their records after a sharp escalation of tensions in the Middle East raised worries about potential disruptions to the flow of oil

Since graduating with a degree in economics from the University of Birmingham in 2018, Joel has worked as a financial market/cryptocurrency analyst. He firmly believes that emerging crypto technology...

Narendra Modi and Benjamin Netanyahu on Monday. Peace isn't just the right choice but the smart one for Israel — and Netanyahu. Hamas will have to release all remaining hostages and bodies of those who died in captivity.

Iran launched a barrage of ballistic missiles against Israel on Tuesday, the latest escalation between the two countries amid a widening conflict in the Middle East.“All Israeli civilians are in bomb shelters as rockets from Iran are fired at Israel,” the Israeli Defense Forces wrote on social media.Dozens of projectiles were shot down over Tel Aviv before they could hit any targets. It was not immediately clear who was responsible for intercepting the missiles. A series of explosions were heard in Tel Aviv and near Jerusalem.Air raid sirens could be heard across central Israel as residents were ordered to enter bomb shelters and await further instructions from officials.

Iran at Israel. Alarms sounded across the country and Israelis rushed for shelter. Reporters on state television lay flat on the ground during live broadcasts. Earlier, the military had announced that any ballistic missile strike from Iran was expected to be widespread and told the public to shelter in safe rooms in the event of an attack.

«At least seven have been wounded at two different locations,» Eli Bin, the head of the Magen David Adom emergency medical service, reported, according to AFP. In a separate statement, Israel emergency service added that paramedics are administering medical treatment to several victims, some of whom are in critical condition and unconscious.

Benjamin Netanyahu is a very confident man these days after eliminating two prominent terror group leaders in a span of two months. After eliminating Hamas leader Ismail Haniyeh and lately Hezbollah chief Hassan Nasrallah, Netanyahu has warned Iranians that a regime change was imminent. After Israel killed Nasrallah and many of Hezbollah's top commanders, a senior spokesman for the Israeli Defence Forces (IDF) told a press conference that the nation could go anywhere to eliminate its enemies. That very day, Iran's supreme leader Ali Khamenei was moved to a highly fortified undisclosed location.

Bond yields and stocks tumbled while gold soared after the White House said there were indications Iran is preparing to attack Israel.

Subscribe to enjoy similar stories. Iran is preparing to launch a ballistic missile attack against Israel, a senior White House official said Tuesday, a significant escalation that threatens to spark an all-out war in the Middle East that the Biden administration has desperately tried to avoid. The expected barrage comes days after Israel killed Hezbollah leader Hassan Nasrallah and hours after the Israeli military confirmed a limited military operation inside Lebanon.

Iran's Ambassador to India, Dr Iraj Elahi, condemned Israel's classification of Hezbollah as a terrorist organisation, calling it a pretext for «massacre, bloodshed, and attacks on innocent civilians.» Elahi also emphasised that Hezbollah is a political party and not a terrorist group. The remarks by Elahi came on the death of Hezbollah leader Hassan Nasrallah in a strike carried out by Israel. While speaking with ANI, Elahi described the death of Nasrallah as a «big loss for all human beings in the world.» He said, «The martyrdom of Hassan Nasrallah as a great leader, great politician of Lebanon and well-known man in the world is not a small thing. It's a big loss for all human beings, not just for Muslims, not just for Shias, not just for Lebanese, for all our Arabs. It is a loss for all people in the world.»

Earlier, Lebanese citizens held a silent protest in Beirut, carrying national flags to express their defiance. Their message was clear: «Lebanon will remain Lebanon,» with or without Hezbollah. Despite the ongoing fear of Hezbollah’s influence, these protests signaled a growing sentiment against the militant group.

Gavin Creel confirmed that Gavin Creel took his last breathe at his own residence in Manhattan and the untimely demise was caused due to metastatic melanotic peripheral nerve sheath sarcoma. Broadway debut of Gavin Creel which fetched him the very first Tony nomination of his life was the ‘Thoroughly Modern Millie’ original musical back in 2002. According to Variety, Gavin Creel made his comeback to Broadway in the revival of ‘La Cage aux Folles’ in the year 2004 following which he also made his West End debut in the year of 2006 as Bert in ‘Mary Poppins’. Also Read: Did Iran betray Hezbollah and Hassan Nasrallah? Here's what reports are saying

Seyed Abbas Araghchi has called for an emergency meeting of the Organization of Islamic Cooperation (OIC) in response to recent Israeli attacks. According to a statement released by Iran's foreign ministry on Sunday, Araghchi made the appeal during a meeting with OIC Secretary General Hissein Brahim Taha in New York on Saturday. As per the official statement, Araghchi emphasised the responsibility of Muslim nations to respond to what he described as the «inhumane crimes» committed by Israel in Palestine and Lebanon. He condemned the recent Israeli airstrikes on Beirut, particularly those targeting densely populated areas with large bunker buster bombs, labelling them as crimes against humanity. He also criticised the inaction of international bodies like the UN Security Council and highlighted the political and military support Israel receives from the United States.

Uzbekistan & Turkmenistan express interest to join International North South Transport Corridor (INSTC) to trade with India as the viable route to the Indian Ocean Region ahead of the BRICS Summit in Kazan that would among other matters lay emphasis on inclusive connectivity corridors. Uzbekistan in particular is keen to harness the full potential of INSTC as well as the Chabahar Port in the backdrop of the Bilateral Investment Treaty (BIT) signed in Tashkent on Friday during the visit of Finance Minister Nirmala Sitharaman. Uzbekistan has sent its first cargo to India via INSTC recently. “The BIT between India and Uzbekistan assures appropriate protection to Uzbekistan investors in India and Indian investors in Uzbekistan, in light of relevant international precedents and practices. It will increase the comfort level and boost the confidence of investors by assuring a minimum standard of treatment and non-discrimination, while providing for an independent forum for dispute settlement through arbitration,” according to a statement issued by the Indian government.

Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

Subscribe to enjoy similar stories. The India-Middle East-Europe Economic Corridor (IMEC), announced at the G20 Summit last September, is rarely mentioned in the context of war.

Stop-and-start negotiations between Israel and Hamas to end the fighting in the Gaza Strip, pushed by the United States, have repeatedly been described by the Biden administration as on the verge of a breakthrough, only to fail. The current Western-led attempt to avert a full-scale Israeli-Hezbollah war in Lebanon amounts to a scramble to avert disaster. Its chances of success seem deeply uncertain after the Israeli killing of Hassan Nasrallah, the longtime leader of Hezbollah, on Friday. «There's more capability in more hands in a world where centrifugal forces are far stronger than centralizing ones,» said Richard Haass, the president emeritus of the Council on Foreign Relations. «The Middle East is the primary case study of this dangerous fragmentation.»

Israel's killing of Hezbollah chief Hassan Nasrallah in an air strike on Friday was a feat of spycraft capping days of operations highlighting its deep infiltration of the Iran-backed group. Here's what we know about how Israel marshalled its intelligence resources to pull off the attack: The buildup