Iranian currency falls to record low against dollar amid anti-government protests

People gather outside of an Iranian diplomat’s residence in New York City to denounce the Tehran regime and the recent execution of a protester. (AFP)
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Updated 12 December 2022
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Iranian currency falls to record low against dollar amid anti-government protests

JEDDAH: Iran’s currency fell to a record low against the dollar on Sunday, with nationwide anti-government protests now in their third month.

A breakdown in negotiations to restore Tehran’s nuclear deal has also hurt the value of the rial.

Traders in Tehran were exchanging the rial at around 370,000 to the dollar on Sunday, up from 368,000 on Thursday.

Iran’s currency was trading at 32,000 rials to the dollar at the time of the 2015 nuclear accord that dropped international sanctions in exchange for tight controls on Iran’s nuclear program.

Iran has been gripped by nationwide protests since September.

Demonstrations broke out following the death of 22-year-old Mahsa Amini in the custody of the country’s morality police.

The poor state of Iran’s economy is also another factor driving the protests,

Rights groups warned that several people were on Sunday at risk of imminent execution over the protests after an international backlash over Iran’s first hanging linked to the movement.

Iran’s judiciary has reported that 11 people received death sentences so far in connection with the protests, but campaigners say around a dozen others are facing charges that could see them also receive the death penalty.

Unless foreign governments “significantly increase” the diplomatic and economic costs to Iran, the world “is sending a green light to this carnage,” said Hadi Ghaemi, executive director of the New York-based Center for Human Rights in Iran.

Amnesty International said Iran was now “preparing to execute” Mahan Sadrat, 22, just a month after his “grossly unfair” trial.

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He was convicted of drawing a knife in the protests, accusations he strongly denied in court.

On Saturday, Sadrat was transferred from Greater Tehran Prison to Rajai Shahr Prison in the nearby city of Karaj, “sparking concerns that his execution may be carried out imminently,” Amnesty said.

“Like all other death row prisoners, he was denied any access to his lawyer during the interrogations, proceedings and show trial,” said another group, Oslo-based Iran Human Rights.

Amnesty warned the life of another young man arrested over the protests, Sahand Nourmohammadzadeh, was also at risk “after a fast-tracked proceeding which did not resemble a trial.”

He was sentenced to death in November on accusations of “tearing down highway railings and setting fire to rubbish cans and tires,” the group said.

Among others given the same sentence is Saman Seyedi, 24, from Iran’s Kurdish minority.  His mother pleaded for his life on social media in a video.

“Protester executions can only be prevented by raising their political cost” for the regime, IHR director Mahmood Amiry-Moghaddam said, calling for a “stronger than ever” international response.

Another dissident, Toomaj Salehi, who expressed support for anti-regime protests, is charged with “corruption on earth” and could face a death sentence, Iranian judicial authorities confirmed last month.

“We fear for the life of Iranian artists who have been indicted on charges carrying the death penalty,” UN experts said in a statement, referring to the cases of Sayedi and Salehi.

Amnesty and IHR have also raised the case of Hamid Gharehasanlou, a medical doctor sentenced to death.

They say he was tortured in custody and his wife was coerced into giving evidence against him which she later sought to retract.

The US, EU members and UK strongly condemned the execution of Mohsen Shekari.

German Foreign Minister Annalena Baerbock said it showed a “boundless contempt for human life.”

with soaring prices, high unemployment and corruption a common complaint among protesters.


Israel army says intercepted projectile launched from Yemen

Updated 4 sec ago
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Israel army says intercepted projectile launched from Yemen

  • Israeli military also intercepted a drone was launched from Yemen on Monday

JERUSALEM: The Israeli military said it intercepted a projectile fired from Yemen on Monday before it crossed into Israeli territory, in the latest in a series of ongoing attacks.
“One projectile launched from Yemen was intercepted by the IAF (Israeli air force) prior to crossing into Israeli territory,” the military said in a statement.
Earlier on Monday the military said it had also intercepted a drone in southern Israel that was launched from Yemen.
Since the war in the Gaza Strip broke out in October 2023, the Iran-backed Houthi militants who control swathes of Yemen have repeatedly fired missiles and drones at Israel in what they say is a show of solidarity with the Palestinians.
In retaliation, Israel has struck Houthi targets several times inside Yemen, including in the Houthi-controlled capital Sanaa.


Iraqi PM outlines vision for UK relations ahead of official visit

Updated 36 min 38 sec ago
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Iraqi PM outlines vision for UK relations ahead of official visit

  • Mohammed Al-Sudani will meet with King Charles, PM Keir Starmer
  • Visit ‘reflects my government’s commitment to strengthening the strategic partnership’

LONDON: Iraq’s prime minister has called for bolstering economic, trade and security ties with the UK ahead of an official visit to the country.

Mohammed Al-Sudani will arrive in London on Jan. 13 and will meet with King Charles, Prime Minister Keir Starmer and senior British officials.

Writing in the Telegraph on Sunday, Al-Sudani said the visit “reflects my government’s commitment to strengthening the strategic partnership between Iraq and the UK.”

He warned that it comes amid “unprecedented and escalating events in the Middle East” that threaten the region and the wider world.

Al-Sudani wrote that regional and international solidarity will ensure that the “free will and aspirations of the Syrian people are respected.”

He praised the UK’s support for Iraq’s fight against Daesh, and said the bilateral relationship had significantly transformed in recent decades.

“Today, as our country achieves greater levels of security and stability, the time has come to transition to a new phase of sustainable economic partnership,” he added.

Al-Sudani will aim to attract British investment in Iraqi energy infrastructure during his visit. It is part of a larger plan to establish Iraq as an international trade hub.

“We will continue to encourage more British investments in oil and gas, as well as in renewable energy projects, recognizing the importance of diversifying energy sources and addressing environmental challenges in the long term,” he wrote.

Al-Sudani highlighted banking reform as another area of potential cooperation with the UK, whose financial institutions and expertise can “improve government services and enhance administrative efficiency.”

He added: “We are determined to channel investments into developing education and training to equip young Iraqis with the skills required to meet the demands of the next phase of development.”

Counterterrorism efforts involving the UK could protect both domestic and regional stability, Al-Sudani said, adding that Iraq could benefit from British military industries.

“My upcoming meetings in London carry a clear message: Iraq is committed to building partnerships based on shared interests and forward-looking vision,” he said.

“We seek a global partner with political and economic weight, and the UK is well-positioned to play this vital role as we embark on a new chapter of growth and reconstruction.”

The Iraqi delegation to the UK includes ministers, MPs, Basra’s governor and representatives from the private sector.


UAE sends 35 trucks in 3 convoys to deliver aid to Gaza

Trucks carrying aid from the UAE crossing into the Gaza Strip through the Rafah crossing (WAM)
Updated 42 min 55 sec ago
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UAE sends 35 trucks in 3 convoys to deliver aid to Gaza

  • The latest Emirati delivery of essential supplies includes medical equipment such as dialysis machines and ultrasound devices, plus food and shelter materials
  • The UAE has dispatched 153 humanitarian convoys to Gaza since November 2023, with 2,391 trucks delivering more than 29,274 tonnes of aid

LONDON: Three convoys of trucks carrying aid from the UAE this week crossed into the Gaza Strip through the Rafah crossing on the border with Egypt.

A total of 35 trucks carried more than 248.9 tonnes of humanitarian supplies, including more than 100 tonnes of medical supplies, the Emirates News Agency reported.

The deliveries are part of an ongoing Emirati humanitarian campaign to help the Palestinian people during the war between Israel and Hamas. Since the launch of “Operation Chivalrous Knight 3” in November 2023, the UAE has sent 153 convoys into the Gaza Strip, with a total of 2,391 trucks delivering more than 29,274 tonnes of aid.

The essential supplies delivered by the latest convoys included medical equipment such as dialysis machines, ultrasound devices, resuscitation sets, wheelchairs and respiratory masks, the news agency added. Other items included food, tents and sacks of flour.

Fadel Al-Shamsi, a spokesperson for the Emirati aid operation, said care was taken to maintain the highest standards of safety and quality during the storage and transportation of the medical supplies to Gaza.


Palestinian president meets British FM in Ramallah

Updated 13 min 20 sec ago
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Palestinian president meets British FM in Ramallah

  • Mahmoud Abbas briefed David Lammy on Israeli aggression in the occupied West Bank and East Jerusalem

LONDON: Palestinian President Mahmoud Abbas received British Foreign Secretary David Lammy on Monday at the Palestinian Authority’s headquarters in Ramallah.

Abbas discussed with Lammy the need to implement UN Security Council Resolution 2735, which calls for a ceasefire in the Gaza Strip and a complete withdrawal of Israeli forces from the coastal enclave.

He highlighted the UK’s backing for the efforts to gain international recognition of the State of Palestine and its full membership in the UN, as part of the two-state solution to the Israeli-Palestinian conflict.

He briefed Lammy on the latest Israeli aggressions in the occupied West Bank and East Jerusalem, the WAFA news agency reported.


Lebanon president, US general discuss Hezbollah-Israel truce

Lebanon’s new President Joseph Aoun (L) receives Lt. Gen. Michael Kurilla (2nd-R), commander of the US Central Command.
Updated 13 January 2025
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Lebanon president, US general discuss Hezbollah-Israel truce

  • Kurilla and Aoun spoke about “the situation in the south and the stages of implementing the Israeli withdrawal from the south,” the presidency said

BEIRUT: Lebanon’s president and a top US general discussed on Monday the implementation of a fragile truce between Lebanese militant group Hezbollah and Israel in the south of the country, the presidency said.
President Joseph Aoun and the head of US Central Command, General Michael Kurilla, met as a January 26 deadline to fully implement the terms of the ceasefire approached.
Kurilla and Aoun spoke about “the situation in the south and the stages of implementing the Israeli withdrawal from the south,” the presidency said.
Under the November 27 ceasefire accord, the Lebanese army has 60 days to deploy alongside UN peacekeepers in the south of Lebanon as the Israeli army withdraws.
At the same time, Hezbollah is required to pull its forces north of the Litani River, some 30 kilometers (20 miles) from the border, and dismantle any remaining military infrastructure it has in the country’s south.
A committee composed of Israeli, Lebanese, French and US delegates, alongside a representative from the UN peacekeeping force, has been tasked with monitoring the implementation of the deal.
Former army chief Aoun was elected head of state on Thursday by lawmakers — a vote that followed the weakening of Hamas in the war — ending a more than two-year deadlock during which the position was vacant.
Aoun and Kurilla also discussed “ways to activate cooperation between the Lebanese and American armies,” the presidency said.
The United States has been a key financial backer of the Lebanese armed forces, especially since the country’s economy collapsed in 2019.
Meanwhile, Israel carried out air strikes in east and south Lebanon on Sunday, with the Israeli military saying it struck Hezbollah targets including smuggling routes along the border with Syria.
Israeli strikes in south Lebanon on Friday killed five people, according to the Lebanese health ministry, with the Israeli military saying it targeted a Hezbollah weapons truck.