Hong Kong and Shanghai to set up cross-border gold trade clearing system
Hong Kong and Shanghai will sign a memorandum of understanding next week to establish a cross-border gold trade clearing system, a move aimed at boost...
The United States, on 30 July, announced sweeping sanctions on more than 115 individuals, entities, and vessels tied to Iran, weeks after bombing key nuclear sites, as part of its intensifying pressure campaign on Tehran.
The latest sanctions, described by the Treasury Department as the most significant since 2018, focus heavily on the shipping empire of Mohammad Hossein Shamkhani, the son of Ali Shamkhani, an adviser to Supreme Leader Ayatollah Ali Khamenei. According to US officials, Shamkhani operates a vast web of container ships and oil tankers through intermediaries, enabling the export of Iranian and Russian oil while generating billions in profits for the regime.
Treasury accused Shamkhani of exploiting personal ties and systemic corruption within Tehran to prop up the Islamic Republic and its regional activities. His network allegedly spans 17 countries, including Italy, Panama, and Hong Kong.
In total, Washington blacklisted 15 shipping firms, 52 vessels, 12 individuals, and 53 entities. A senior US official noted the action was calibrated to avoid disrupting global oil markets, saying it targets specific actors involved in sanctions evasion.
Although the sanctions will affect both Iran and Russia, the US stressed the move was primarily aimed at Tehran, citing Shamkhani’s direct ties to the Supreme Leader and his family’s prior involvement in sanctions breaches.
The European Union had already sanctioned Shamkhani earlier in July for his role in facilitating Russian oil exports. His father, Ali Shamkhani, was sanctioned by the US in 2020.
Italian Prime Minister Giorgia Meloni said on Saturday (17 January) that concerns over security in Greenland should be addressed within the framework of NATO, describing a ground military intervention as highly unlikely.
Ashley St. Clair, mother of one of Elon Musk’s children, has filed a lawsuit against Musk’s company xAI, alleging that its AI tool Grok generated explicit images of her, including one portraying her as underage.
Egypt and Sudan have welcomed an offer by U.S. President Donald Trump to restart mediation with Ethiopia in a bid to resolve the long-running dispute over Nile River water sharing.
Elon Musk is seeking up to $134 billion from OpenAI and Microsoft, arguing that the companies profited unfairly from his early support of the artificial intelligence firm, according to a court filing made public on Friday.
Poland plans to expand its armed forces to 500,000 by 2039, including 300,000 active-duty troops and 200,000 reservists, officials said Friday. The enlarged force would feature a new high-readiness reserve unit.
Portugal is holding presidential elections with a record 11 candidates, as populist leader André Ventura emerges as a possible front-runner.
Two people were killed and dozens injured in overnight Russian drone attacks across Ukraine, as strikes on energy infrastructure left many regions without power amid freezing temperatures, President Volodymyr Zelenskyy said.
Iran’s state broadcaster was briefly hijacked on Sunday, airing footage of anti-regime protests and a message from exiled crown prince Reza Pahlavi, according to opposition-linked outlets.
Ugandan authorities partially restored internet services after President Yoweri Museveni won a seventh term, extending his rule into a fifth decade.
At least five people have died and dozens were injured after two high-speed trains derailed on Sunday near Adamuz, southern Spain, railway operator ADIF and state media reported.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment