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Iran bans cryptocurrency mining for four months

Iran is temporarily banning cryptocurrency mining after some of the country’s major cities experienced repeated blackouts. President Hassan Rouhani said that the ban would last until September 22nd. The country has experienced summer blackouts in years past, and while the current round of outages is mostly being blamed on a drought that’s affecting the country’s ability to generate hydroelectric power, it seems that the Iranian government is eager to cut down on any aggravating factors. Power-hungry cryptocurrency mining operations, for instance. According to the BBC, Iran operates a program where Bitcoin miners must register with with the government, pay extra for electricity, and sell their coins to the central bank. President Rouhani stated that the legal mining operations in the countr...

Facebook report: U.S. a top target for foreign and domestic influence operations

The United States topped a list of the countries most frequently targeted by deceptive foreign influence operations using Facebook between 2017 and 2020, the social media company said in a new report released on Wednesday. It also came second on a list of countries targeted by domestic influence operations in that same time period. Facebook Inc said one of the top sources of coordinated inauthentic behavior networks targeting the United States in the year leading up to the 2020 presidential election was domestic campaigns originating in the United States itself, as well as foreign operations from Russia and Iran. The tallies were based on the number of “coordinated inauthentic behavior” networks removed by Facebook, a term it uses for a type of influence operations that relies on fake acco...

Washington denies Iran state media report saying prisoner swap agreed

The United States on Sunday denied a report by Iran’s state television that the arch-foes had reached a prisoner swap deal in exchange for the release of $7 billion frozen Iranian oil funds under U.S. sanctions in other countries. Iranian state television said on Sunday that Tehran would free four Americans accused of spying in exchange for four Iranians held in the United States and the release of $7 billion in frozen Iranian funds. The U.S. government denied that an exchange was in the works. The state TV, quoting an unnamed Iranian official, also said British-Iranian national Nazanin Zaghari-Ratcliffe would be released once Britain had paid off a debt on military equipment owed to Tehran. A British Foreign Office official played down that report. Iran and world powers are holding talks ...

Iran says 60% enrichment meant to show nuclear prowess, is reversible

Iran began enriching uranium to 60% purity in order to show its technical capacity after a sabotage attack at a nuclear plant, and the move is quickly reversible if the United States lifts sanctions, the Iranian government said on Tuesday. Talks in Vienna aimed at bringing the United States and Iran back to full compliance with a 2015 nuclear deal have been further complicated by an explosion at Iran’s main uranium enrichment facility at Natanz. Iran has responded by saying it is enriching uranium to 60%fissile purity, a big step towards weapons-grade from the 20% ithad previously achieved. The 2015 pact between Iran and world powers had capped the level of enrichment purity at 3.67% – suitable for generating civilian nuclear energy. Iran denies seeking a nuclear weapon. “The start of 60% ...

Saudi Arabia announces Ramadan starts Tuesday

Saudi Arabia, home to Islam’s holiest shrines, announced that the holy fasting month of Ramadan will start on Tuesday, as Muslims worldwide face coronavirus curbs. “Tomorrow, Tuesday… is the beginning of the blessed month of Ramadan this year,” the kingdom’s supreme court said in a royal court statement. Other Muslim countries, including Sunni-majority Egypt and Lebanon, have also announced that Tuesday marks the start of Ramadan, while Shiite-majority countries like Iran are expected to start a day later. The daytime fasting month of Ramadan is one of the five pillars of Islam. Observant Muslims refrain from eating and drinking from dawn to dusk, and traditionally gather with family and friends to break their fast in the evening. It is also a time of prayers, during which Muslims typicall...

Israel, Bahrain leaders discuss Iran, possible vaccine plant

Israeli Prime Minister Benjamin Netanyahu and Bahrain’s Crown Prince Sheikh Salman bin Hamad Al Khalifa on Thursday discussed Iran and the possible involvement of the Gulf state in establishing a vaccine plant in Israel, the two countries said. Bahrain and the United Arab Emirates formalised ties with Israel on Sept. 15 in part over shared concerns about Iran, in a deal forged by former U.S. President Donald Trump. Trump withdrew from a 2015 nuclear deal between Tehran and world powers, a move praised by Israel which has objected to the accord. His successor, President Joe Biden, wants to rejoin the deal. But in the week since Washington offered to talk with Tehran about reviving the nuclear deal, Iran has curbed U.N. monitoring and threatened to boost its uranium enrichment. Tehran denies...

Iran’s president warns of coronavirus ‘fourth wave’

Iran’s President Hassan Rouhani warned Saturday of a Covid-19 “fourth wave” as cases rise in certain areas of the Middle Eastern country hardest hit by the pandemic. “This is a warning for all of us,” Rouhani said in televised remarks. He said some cities in the southwestern province of Khuzestan were now “red” — the highest on Iran’s colour-coded risk level — after weeks of low alert levels across the country. “This means the beginning of moving towards the fourth wave. We all have to be vigilant to prevent this,” Rouhani added. The country of more than 80 million people has lost close to 59,000 lives out of more than 1.5 million cases of Covid infection. Iran has officially registered less than 7,000 daily infections since late December, but the number has crossed this level since early ...

Iran won’t resume nuclear commitments until US lifts sanctions – supreme leader

Iran’s supreme leader, Ayatollah Ali Khamenei, said Sunday the US must “completely lift” sanctions first, followed by verification by Tehran, before the Islamic republic returns to its nuclear deal commitments. “If they want Iran to return to its commitments … America must completely lift sanctions, and not just in words or on paper,” Khamenei said in a televised speech to air force commanders. “They must be lifted in action, and then we will verify and see if they have been properly lifted, and then return,” he added. The 2015 landmark deal has been hanging by a thread since US President Donald Trump’s decision to withdraw from it in 2018 and reimpose sanctions on Tehran. Tehran a year later suspended its compliance with most key nuclear commitments to the deal. The new administration of ...

Joe Biden nominates veteran diplomats for top State posts

Democratic President-elect Joe Biden on Saturday nominated U.S. foreign policy veteran Wendy Sherman, a key negotiator of the 2015 nuclear deal with Iran, to be the No. 2 official at the State Department. Biden also nominated Victoria Nuland, a retired career foreign service officer who was the top U.S. diplomat for Europe, NATO ambassador and State Department spokeswoman, to be Under Secretary for Political Affairs, effectively the third-ranking U.S. diplomat. Sherman, who has a masters degree in social work, was the State Department counselor from 1997 to 2001, a period when she was also policy coordinator on North Korea. From 1993 to 1996 she served as assistant secretary of state for legislative affairs. Because of her association with the Iran deal, which was fiercely opposed by Repub...

Iran test-fires ballistic missiles on targets at sea

Iran’s Revolutionary Guards test-fired ballistic missiles against targets in the Indian Ocean as they wrapped up a two-day exercise, their official website reported Saturday. The missiles of “various classes” targeted “the enemy’s battleships and destroyed them from 1,800 kilometres (1,125 miles) away,” according to the Sepahnews website. The missiles were fired from central Iran at targets located in the northern Indian Ocean, the Guards said. A video released by state television showed two missiles being launched and targets being hit at sea. Iran’s armed forces chief of staff Major General Mohammad Bagheri was present on the second day of the drill, alongside Guards chief Major General Hossein Salami and aerospace commander Brigadier General Amirali Hajizadeh. “One of our major goals in...

U.S. imposes fresh sanctions on Iran in final days of Donald Trump presidency

The United States on Friday sanctioned companies in Iran, China and the United Arab Emirates for doing business with the Islamic Republic of Iran Shipping Lines and on three Iranian entities over conventional arms proliferation. They are the latest in a series of measures aimed at stepping up pressure on Tehran in the waning days of President Donald Trump’s administration, which ends on Jan. 20. U.S. Secretary of State Mike Pompeo said Washington had sanctioned seven companies, including Chinese-based Jiangyin Mascot Special Steel Co. and UAE-based Accenture Building Materials, and two people for shipping steel to or from Iran. He said Iran’s Marine Industries Organization, Aerospace Industries Organization and the Iran Aviation Industries Organization had also been blacklisted over conven...