Iran-Belarus trade volume to hit $100mn.
Iranian President Ebrahim Raisi has said the signing of MoU’s in different fields by Iran and Belarus shows that Tehran and Minsk are resolved to expand their ties in all spheres.
Economy
Silicon Valley Bank’s Toronto branch seized by Canada’s banking regulator amid collapse
U.S. banking regulators were forced on Friday to urgently close Silicon Valley Bank after billions of dollars were withdrawn by fearful depositors.
Iran, Belarus sign roadmap for comprehensive cooperation
Iran and Belarus have signed a roadmap for comprehensive cooperation as well as seven other cooperation agreements during a visit to Tehran by Belarusian President Alexander Lukashenko.
China’s new premier woos business as Xi doubles down on security
Li Qiang says China welcomes investment and private enterprise despite crackdowns.
US guarantees Silicon Valley Bank deposits amid bank crisis fears
US regulators move to protect depositors amid concerns of broader fallout from second-largest bank failure in history.
European states dissolve symbolic Iran trade system
European countries have shut down the INSTEX system, which they had launched in the midst of US sanctions to facilitate trade with Iran.
Ex-Goldman banker Ng sentenced to 10 years over 1MDB scandal
Ng was last year found guilty of helping his former boss Tim Leissner embezzle money from the sovereign wealth fund.
Hyundai reviewing Russia plant after reports of Kazakhstan sale
South Korean automaker says it is considering ‘various options’ for Saint Petersburg factory.
US sanctions 39 entities over alleged ‘shadow banking’ for Iran
US Treasury Department says 39 entities granted Iran access to the international financial system.
Muhyiddin’s prosecution puts focus on Malaysia’s corruption fight
Former Malaysian PM has denied wrongdoing and described charges against him as a political witch hunt.