Iran's Persian Gulf Strait Authority (PGSA) has declared the Strait of Hormuz closed due to 'recent illegal movements' by the US military, demanding transit permits, while the US Central Command (CENTCOM) insists the strait is 'open to all vessels' and vows to ensure 'freedom of navigation'.
Former US President Donald Trump has issued a stern warning to Iran, stating that "nothing will get through" unless a deal or "total surrender" is achieved, amid escalating tensions and conflicting reports on direct negotiations.
The United States has temporarily lifted sanctions on the sale of Iranian oil already in transit to ease soaring global crude prices, making 140 million barrels available to the market.
Ali Mousavi stated that such cooperation is essential for maintaining stability in the strategic waterway.
According to Iranian state media, Islamic Republic of Iran Broadcasting (IRIB), the threat was articulated by Ebrahim Zolfaghari, spokesperson for Iran's Khatam al-Anbiya Central Headquarters.
Blood pressure management is no longer just about a number on a chart
'The transition from payment banks to SFBs is only permissible for banks not owned by corporate entities.'
Israeli Prime Minister Benjamin Netanyahu termed it the 'largest cooperation project in our history', one that would 'change the face of the Middle East, Israel, and impact the entire world'.
Afghanistan Cricket Board (ACB) chief executive Hamid Shinwari issued a statement on Friday expressing the board's "shock and immense disappointment" at the Australian stance, which he called a "knee-jerk reaction".
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India and China are the growing market for these gases
US President-elect Donald Trump has vowed to pull out of the Trans-Pacific Partnership, the world's largest trade deal, and investigate abuses of work visa programmes as he outlined his policy plans for the first 100 days in office.
Is the worst over for Indian banks? The past two years saw them ride on treasury trades as deposits soared and credit growth dipped sharply. Gross and net non-performing assets (NPAs) moved south, and the provision coverage ratio (PCR), capital buffers, and profitability indicators are back at pre-pandemic levels. So, what's the plot ahead?
It would be a huge achievement if the new administration manages a successful transition to some sense of domestic and international normalcy in these frantic times marked by the pandemic and rise of illiberal regimes across the world, observes Shreekant Sambrani.
The Bankruptcy Bill seeks to ensure predictability of outcome for creditors.
The former RBI deputy governor talked about the prospects of an economic revival, reforms in IMF, etc.
