ANKARA – Iran blocked more than 9,000 bank accounts on Saturday over ‘suspicious and illegal foreign currency and cryptocurrency activities.’ A total of 9,219 bank accounts belonging to 545 individuals were blocked, according to a statement by the Ministry of Intelligence. The volume of the accounts was approximately 60 trillion Ir...
WASHINGTON (AA) – The US has issued a general license to exempt northern Syrian territories, including those controlled by the PKK’s regional branch, from American sanctions. The Treasury Department’s action lifts prohibitions on business activities in 12 different economic sectors in northern Syria, including agriculture, te...
ANKARA – Turkiye has rejected claims made in the Iranian media outlets that Turkish dams were the cause of severe air pollution and sand storms in Iran. “Claims that dams in Turkiye caused sand and dust storms in our region are far from being scientific,” Foreign Ministry spokesman Tanju Bilgic said. Asserting that sand and [...
ISTANBUL – An official of the Intergovernmental Panel on Climate Change (IPCC) urged rapid actions to end or minimize the usage of fossil fuels by the end of the decade. IPCC is a UN body responsible for advancing knowledge on human-induced climate change. Joyashree Roy, one of the authors of the IPCC’s Sixth Assessment Report […]
OVIEDO, Spain (AA) – Spain is increasingly turning towards the US and away from Algeria for its natural gas supplies, according to data released this week. In April, Algerian gas provided Spain with around 9.5 gigawatt-hours’ worth of electricity — around 37.5% less than during the same time last year, according to Enagas, th...
ANKARA (AA) – Saudi banks will benefit from the current atmosphere of high oil prices, rising interest rates, and strong credit growth in 2022-2023, Fitch Ratings said on Wednesday. “The banks have largely absorbed the pandemic shock, helped by a strong economic rebound, while the operating environment should remain favourable, sup...
ANKARA – The South Korean president has said that the security situation in the region is “tough” after reports of North Korea resuming its nuclear program. Yoon Suk-yeol called upon senior presidential secretaries for close monitoring of the situation. “The security situation is tough. Foreign countries are worried, and there’s talk of ...
BRUSSELS (AA) – The European Council head has said that the EU should seize frozen assets of Russian oligarchs to rebuild war-torn Ukraine. Speaking at a news conference in the Ukrainian city of Odessa where he paid a visit, Charles Michel pointed out the military and humanitarian needs of Ukraine. “…We have also frozen the [&helli...
LONDON (AA) – The UK has announced a new package of trade sanctions worth £1.7 billion ($2.09 billion) targeting Russia and Belarus. A statement from the British government said the move was “designed to further weaken (Russian President Vladimir) Putin’s war machine,” bringing the total value of products under sanctions since Russia’s “illega...
ANKARA (AA): The United Nations on Saturday called for the adoption of a more strategic approach to address the Palestinian economic and fiscal crisis. The call came in a report issued by the office of the United Nations Special Coordinator for the Middle East Peace Process (UNSCO), Tor Wennesland, ahead of a meeting of the […]
