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French seizes weapons headed from Iran to Yemen

02-02-2023 PARIS: French naval forces in January seized thousands of assault rifles, machineguns and anti-tank missiles headed from Iran to Yemen, officials have told the Wall Street Journal and The Associated Press news agency, the latest such incident amid the country’s long-running war. While Iran did not immediately acknowledge the …

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Russia-Iran link banking systems amid Western sanction

01-02-2023 TEHRAN/ MOSCOW: DUBAI: Iran and Russia have connected their interbank communication and transfer systems to help boost trade and financial transactions, a senior Iranian official said on Monday, as both Tehran and Moscow are chafing under Western sanctions. Since the 2018 re-imposition of US sanctions on Iran after Washington …

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IMF lifts global growth forecasts

01-02-2023 GENEVA: The International Monetary Fund (IMF) has raised its 2023 global growth outlook slightly due to “surprisingly resilient” demand in the United States and Europe and the reopening of China’s economy after Beijing abandoned its strict zero-COVID strategy. The IMF said global growth would still fall to 2.9 percent …

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