Iran Financial News

accidents in Pakistan, Al Jazeera reported, citing local authorities. 12 people were killed on the Makran Coastal Highway in the southwest province of Balochistan, Pakistan's Interior Ministry said on Sunday, while a rescue official said 24 people were killed when a bus plunged into a deep ravine near Pakistan-occupied Jammu and Kashmir (PoJK). The first accident occurred overnight, when a bus carrying Shia pilgrims returning from Iran for religious commemoration veered off the road.

Israel launched airstrikes inside Lebanon early Sunday that its military said targeted positions of the Shiite militia Hezbollah. In a statement, the Israeli military accused Hezbollah of «preparing to file missiles and rockets toward Israeli territory.» "‎‏In a self-defense act to remove these threats, the (Israeli military) is striking terror targets in Lebanon, from which Hezbollah was planning to launch their attacks on Israeli civilians," Israeli military spokesman, Rear Adm. Daniel Hagari, said.

dire need of food, a fifth of them on the edge of famine. It is to ignore a looming migration crisis as Afghans try to leave for anywhere offering hope of a job. It is to ignore the ravages of climate change, which is worsening the country’s periodic droughts.

Meta said on Friday it had identified possible hacking attempts on the WhatsApp accounts of U.S. officials from the administrations of both President Joe Biden and former President Donald Trump, blaming the same Iranian hacker group revealed earlier this month to have compromised the Trump campaign. In a blog post, the parent company of Facebook, Instagram and WhatsApp described the attempt as a «small cluster of likely social engineering activity on WhatsApp» involving accounts posing as technical support for AOL, Google, Yahoo and Microsoft. It blocked the accounts after users reported the activity as suspicious and had not seen any evidence suggesting the targeted WhatsApp accounts had been compromised, it said.

YouTube has launched a new feature to help recover users their hacked accounts. The feature includes Artificial intelligence (AI) assistant for the hacked YouTube channels. The new features is part of YouTube Help where a creator can learn how to «recover a hacked YouTube channel». Here YouTube has an option of «Chat with our hacked Channel assistant», as per a report on Dexerto. This option will lead you to recover hacked YouTube account. YouTube AI assistant feature is currently available in English.

U.S. Defense Secretary Lloyd Austin on Friday said he had spoken with his Israeli counterpart to discuss a range of issues in the region, including the ongoing exchanges of fire on the Israel-Lebanon border and the need to finalize a ceasefire deal. In a post on X, Austin said he also discussed the risk of escalation from Iran and Iran-backed groups in the call on Thursday and told Israeli Minister of Defense Yoav Gallant that the United States is well postured across the region.

In November 2022, after acquiring Twitter, Elon Musk joked to his millions of followers: “Wait, if I Tweet does that count as work?" An account secretly run by a Russian intelligence agency tried for a humorous reply: “Your boss will be angry." The awkward joke got zero likes. Russian trolls are ramping up their efforts again on social media ahead of another U.S. presidential election, and they seem desperate for influencers to notice them.

Digital connectivity in India is set to get a major boost, with three large undersea cable projects — 2Africa Pearls, IndiaAsia-Express (IAX) and India-Europe-Express (IEX) — slated to go onstream between October and next March, expanding existing capacity by more than four times, said people familiar with the matter. 2Africa, among the longest subsea cable systems in the world, spanning over 45,000 km, has investments from Bharti Airtel and Meta, among others. It will have a capacity of 180 terabits per second (tbps), connecting 33 countries, including Sunil Mittal-led Airtel’s landing station in Mumbai. IAX and IEX involve contributions from Reliance Jio, among others. Boost for Data Centre Operators:

Azerbaijan has formally applied to join the BRICS group of developing economies, a day after Russian leader Vladimir Putin’s visit to the oil-rich South Caucasus country to shore up regional ties and secure Moscow’s under-pressure trade routes

Hamas said it was «keen» on reaching a cease-fire agreement with Israel, denying what it said were US claims it is stalling negotiations to end the devastating conflict in Gaza. The Palestinian militant group Tuesday said remarks by US President Joe Biden and his top diplomat, Antony Blinken, were «misleading and don't reflect the reality of the movement's position.» The comments came a day after Blinken met Israeli Prime Minister Benjamin Netanyahu and said the next step toward a truce is for «Hamas to say yes.» Blinken said Netanyahu had accepted a proposal the US is calling a «bridging agreement» to tide the sides over until they iron out the final details. Hamas said the proposal was different from a Biden-led plan unveiled in May, suggesting they are unhappy with Israel's latest demands. The two sides are meant to start a new round of negotiations in Cairo this week, but no date's been set for that yet. Egypt is mediating, along with the US and Qatar.

Bitcoin remained relatively stable throughout the week, trading between $58,000 and $59,000 as markets anticipated a series of key data releases. The week kicked off with the release of July's Consumer Price Index (CPI) data from both the US and the UK on Wednesday. This was followed by major earnings reports on Thursday from retail giants Walmart and Alibaba. Today, all eyes are on the GDP data expected from Hong Kong and Taiwan, which could further influence market dynamics. Despite these developments, Bitcoin has yet to gather the momentum needed to break above the crucial $60,000 level. A surge in liquidations from crypto derivatives markets has contributed to the lack of upward movement. The US CPI data revealed a price rebound for July, aligning with market expectations. However, this has tempered hopes for a significant interest rate cut by the Federal Reserve in the upcoming month, adding to the cautious sentiment among investors. Additionally, rising geopolitical tensions between Iran and Israel have further intensified market pressures, creating an uncertain environment for risk assets like Bitcoin. Whales are active at the support levels buying the dip.

Hezbollah group said it launched several rocket salvos at Israeli army positions in the annexed Golan Heights on Tuesday «in response» to Israeli strikes on eastern Lebanon the previous day. Hezbollah fighters launched «intense rocket barrages» at two Israeli army positions in the occupied Golan Heights «in response to the Israeli enemy's attack on the Bekaa» Valley — which a source close to Hezbollah said targeted weapons depots in the eastern region. The Israeli military confirmed that around 55 projectiles were identified crossing from Lebanese territory.

Israeli strikes killed at least 21 people in Gaza on Sunday, including six children, Palestinian health authorities said, ahead of a visit to the region by U.S. Secretary of State Antony Blinken to try to push forward ceasefire talks. The children and their mother were killed in an Israeli airstrike on a house in the central town of Deir Al-Balah, health officials said. There was no immediate comment from the Israeli military. The Israeli military said it destroyed rocket launchers used to hit Israel from the southern city of Khan Younis, the scene of intense fighting in recent weeks, and killed 20 Palestinian fighters.

“Defence and railway stocks which are largely in the public sector had become very overvalued and a lot of the future execution was already factored in. So, they were due for a correction. We have seen very good results coming through and there is a growth on the top line and bottom line. But the valuations have gone into multi-year, this kind of growth continuing. So, it was quite viable that we would see some amount of consolidation, a breather for a few months and then the next leg up starts as the execution comes in,” says Ajay Bagga, Chairman, Elyments Platforms. ET Now: Because the damage was coming from the macro front, tell us that since the US recession worries cools off, US seems to be on a disinflationary path, the kind of economic data coming in, talks are about Fed taking a rate cut in September and so are the expectations building up for other central banks only. But in such a scenario, what could be the possible and, of course, this is a good news for the markets, but then I wanted to understand how would FIIs approach the emerging markets in such a scenario when rate cuts are going to take place?

OpenAI said on Friday it had taken down accounts of an Iranian group for using its ChatGPT chatbot to generate content meant for influencing the U.S. presidential election and other issues. The operation, identified as Storm-2035, used ChatGPT to generate content focused on topics such as commentary on the candidates on both sides in the U.S. elections, the conflict in Gaza and Israel's presence at the Olympic Games and then shared it via social media accounts and websites. Investigation by the Microsoft-backed AI company showed that ChatGPT was used for generating long-form articles and shorter social media comments.

Gaza cease-fire deal is imminent, a US official said Friday that Mideast negotiators are working out logistics for the potential release of hostages and distribution of aid as part of any agreement to end the Israel-Hamas war. The official, who spoke to reporters on condition of anonymity in keeping with rules set by the White House, said the proposal currently on the table basically bridges every gap between Israel and Hamas and mediators were making preparations before a final deal is approved. It was unclear what measures were being taken, but the official said a new «implementation cell» was being established in Cairo in advance. The cell would focus on logistics, including freeing hostages, providing humanitarian aid for Gaza and ensuring that the terms of the pact are met, the official said. The comments came hours after mediators expressed hope that a deal was within reach. They said two days of talks had wrapped up in Qatar and that they plan to reconvene in Cairo next week to seal an agreement to stop the fighting.

Narendra Modi on Friday urged his Israeli counterpart Benjamin Netanyahu «to de-escalate the situation» in West Asia when the latter dialled him to wish him on India's 78th Independence Day. «Appreciate PM @netanyahu's phone call and warm wishes on India's 78th Independence Day. We discussed the current situation in West Asia. Emphasized on the need to de-escalate the situation. Reiterated our call for immediate release of all hostages, ceasefire and need for continued humanitarian assistance,» Modi said on X. A statement from the Israeli PMO reads: «On behalf of the State of Israel, I extend heartfelt congratulations to Narendra Modi and the people of India on your 78th Independence Day! May our close relations flourish and bring prosperity to both our nations». The phone call comes amid heightened tensions between Iran and Israel following killing of Hamas leader Ismail Haniyeh in Tehran. There has been a flurry of diplomatic activity in West Asia this week. France, Germany and the United Kingdom urged Iran and its allies to «refrain from attacks that would further escalate regional tensions and jeopardise the opportunity to agree (to) a ceasefire and the release of hostages.»

Arslan Butt is a professional live webinar speaker and derivatives (cryptocurrency, forex, commodities, and indices) analyst. He brings a broad range of skills to help beginners evaluate financial...

As conflict casts a shadow across the Middle East, people are getting rich in Dubai

The Night Agent's showrunner, Shawn Ryan, disclosed that all 10 episodes of Season 2 have been edited and are nearing completion in the post-production phase. “All the episodes have been edited, and all that remains to be done is VFX, sound, and music. A lot of effort has been put into getting the episodes ready as soon as possible for the viewers,” stated Ryan in an interview with TV Line.

Hezbollah and Israeli forces has killed senior commanders and several hundred fighters from the Iran-backed group, causing destruction and displacing tens of thousands on both sides. Hezbollah has seen more fighters killed since October than when it last went to war with Israel in the summer of 2006. AFP looks at the mounting toll for the Shiite Muslim movement, which has been trading near-daily fire with the Israeli army in support of Hamas since the Palestinian militant group's October 7 attack on Israel triggered the Gaza war.