Tehran, Iran-- Iran said the United States "can not renege" on an agreement to transfer $6 billion in frozen funds through mediator Qatar following Hamas bloody assault on Israel. Tehran, which financially and militarily backs Hamas, has come under intense scrutiny since fighters of the Islamist group stormed across Israel's southern...
Third ‘armed bank withdrawal’ in a week in Lebanon
When a branch of the Byblos bank opened in the southern town of Ghaziyeh, a depositor, reported to be in his 50s, stormed the premises with his adult son. He threatened bank employs with a gun, which a Lebanese TV channel said may have been a toy, and demanded his...
Iran says preliminary deal reached on frozen funds abroad
Tens of billions of dollars in Iranian money were blocked in many countries including China, South Korea and Japan.
South Korea pays Iran’s UN dues with frozen assets
South Korea has used $18 million of frozen Iranian assets to pay Tehran's dues to the UN, Seoul said Sunday, in a move to immediately restore the country's voting power. The payment was made Friday in cooperation with the US and the UN after Iran made an "emergency request" to...
Tehran to Seoul: Don’t wait to release frozen funds
Iranian negotiator Bagheri made the comment during a meeting with Seoul’s Vice Foreign Minister Choi Jong-kun in Viena.
