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SWIFT Suspends Iran Banks

A man passes the SWIFT logo at the SIBOS banking and financial conference in Toronto, Ontario, Canada October 19, 2017. (Reuters)
A man passes the SWIFT logo at the SIBOS banking and financial conference in Toronto, Ontario, Canada October 19, 2017. (Reuters)
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SWIFT Suspends Iran Banks

A man passes the SWIFT logo at the SIBOS banking and financial conference in Toronto, Ontario, Canada October 19, 2017. (Reuters)
A man passes the SWIFT logo at the SIBOS banking and financial conference in Toronto, Ontario, Canada October 19, 2017. (Reuters)

As the newly imposed US sanctions took effect against Iran, the SWIFT banking network announced Monday that has suspended several Iranian banks from its services.

"In keeping with our mission of supporting the resilience and integrity of the global financial system as a global and neutral service provider, SWIFT is suspending certain Iranian banks' access to the messaging system," it said.

"This step, while regrettable, has been taken in the interest of the stability and integrity of the wider global financial system."

SWIFT, the Belgian-based Society for Worldwide Interbank Financial Telecommunication, provides banks with a secure messenger network to allow international transfers.

Without its services, Iranian banks will find it more difficult to do business with any client prepared to brave US sanctions to maintain ties with Tehran.

It its brief statement Monday, SWIFT made no mention of US sanctions coming back into effect. This likely reflects the fact that it is caught between two contrary regulatory demands.

The US government has told SWIFT that it is expected to comply with US sanctions and it could face US sanctions if it fails to do so. On the other hand, SWIFT is barred from doing so under the European Union’s so-called blocking statute, which could subject it to European penalties for complying with US law.

Some US sanctions on Iranian banks and oil exports had been suspended after Iran signed a landmark 2105 deal with six world powers to curtail its nuclear ambitions.

But these came back into effect Monday after President Donald Trump pulled out of the accord and demanded that the world again turn up the economic heat on Tehran.

US Secretary of State Mike Pompeo said waivers would be issued to allow eight countries to buy Iranian oil, but that otherwise the measures would be "relentless."

SWIFT connects 11,000 banks and financial institutions in 200 countries and territories, while prising itself on taking a neutral political stance.

It does not hold or manage client funds, but allows the banks to transfer funds by sending messages across the network.

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World

Media Dinner Shooting Suspect Wrote About Targeting Administration Officials

US President Donald Trump gestures as he speaks during a press briefing in the Brady Briefing Room at the White House in Washington. (Photo by Mandel NGAN / AFP)
US President Donald Trump gestures as he speaks during a press briefing in the Brady Briefing Room at the White House in Washington. (Photo by Mandel NGAN / AFP)
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Media Dinner Shooting Suspect Wrote About Targeting Administration Officials

US President Donald Trump gestures as he speaks during a press briefing in the Brady Briefing Room at the White House in Washington. (Photo by Mandel NGAN / AFP)
US President Donald Trump gestures as he speaks during a press briefing in the Brady Briefing Room at the White House in Washington. (Photo by Mandel NGAN / AFP)

The man accused of opening fire at the White House Correspondents’ Dinner sent writings to family members minutes before the shooting referring to himself as a “Friendly Federal Assassin,” railing against Trump administration policies and signaling what investigators increasingly believe was a politically driven attack, according to a law enforcement official familiar with the investigation.

The writings, sent shortly before shots were fired at the Washington Hilton, made repeated references to President Donald Trump without naming him directly and alluded to grievances over a range of administration actions and recent events, including US strikes on drug smuggling boats in the eastern Pacific, the official said.

Investigators are treating the writings, along with a trail of social media posts and interviews with family members, as some of the clearest evidence yet of the suspect’s mindset and possible motives.

Authorities also uncovered what the official described as numerous anti-Trump social media posts linked to the suspect, Cole Tomas Allen, a 31-year-old California man accused of trying to breach a security checkpoint at the dinner while armed with multiple weapons.

Allen’s brother contacted police in New London, Connecticut, after receiving the writings, according to the official. A police spokesperson said they contacted federal law enforcement after receiving that information.

Federal agents have also interviewed Allen’s sister in Maryland, who told investigators her brother had legally purchased several weapons from a California gun store and stored them at their parents’ home in Torrance without their knowledge, according to the official.

She described her brother as prone to making radical statements, the official said.

Allen legally bought a .38-caliber semiautomatic pistol in October 2023 and a 12-gauge shotgun two years later, the official and another law enforcement official told The Associated Press.

Authorities are still trying to determine how specific Allen’s alleged targets were. Officials have said investigators are examining whether his grievances centered on Trump and Vice President JD Vance personally or reflected a broader hostility toward the administration.

The officials were not authorized to discuss the ongoing investigation and spoke to AP on condition of anonymity.

World

Trump Says Iran Can Call if it Wants to Talk, as Iranian Envoy Returns to Pakistan

US President Donald Trump takes questions from media at a press briefing at the White House, in Washington, D.C., US, April 25, 2026. REUTERS/Jonathan Ernst
US President Donald Trump takes questions from media at a press briefing at the White House, in Washington, D.C., US, April 25, 2026. REUTERS/Jonathan Ernst
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Trump Says Iran Can Call if it Wants to Talk, as Iranian Envoy Returns to Pakistan

US President Donald Trump takes questions from media at a press briefing at the White House, in Washington, D.C., US, April 25, 2026. REUTERS/Jonathan Ernst
US President Donald Trump takes questions from media at a press briefing at the White House, in Washington, D.C., US, April 25, 2026. REUTERS/Jonathan Ernst

President Donald Trump said on Sunday that Iran can reach out to the United Stated if it wants to negotiate an end to the war between the two countries.

"If they ⁠want to talk, they ⁠can come to us, or they can call us. You know, there is a telephone. We ⁠have nice, secure lines," Trump said in an interview on Fox News' "The Sunday Briefing."

"They know what has to be in the agreement. It's very simple: they cannot have a nuclear weapon, otherwise there's no reason to meet," Trump said.

Iran has long demanded Washington acknowledge its right to enrich uranium, which Tehran says ⁠it only seeks ⁠for peaceful purposes but which Western powers and Israel say is aimed at building nuclear weapons.

Although a ceasefire has paused full-scale fighting in the conflict, which began with US-Israeli strikes on Iran on February 28, no agreement has been reached on terms to end a war that has killed thousands, driven up oil prices, fueled inflation and darkened the outlook for global growth.

Tehran has largely closed the Strait of Hormuz, which normally carries a fifth of global oil shipments, while Washington has imposed a blockade of Iran's ports.

Trump canceled a trip by his envoys Steve Witkoff and Jared Kushner to Pakistan on Saturday, dealing a new ⁠setback ⁠to peace prospects after Iranian Foreign Minister Abbas Araghchi departed Islamabad after speaking only to Pakistani officials.

Araghchi flew to Oman - another mediator in the war - where he met the country's leader, Haitham ⁠bin Tariq al-Said, on Sunday.

They discussed security in the strait and Araghchi called for a regional security framework free of outside interference, according to Iran's foreign ministry.

Araghchi later returned to Islamabad, Iranian state media reported. Pakistani government sources said he would hold talks with the country's leadership before heading to Moscow.

Iran's semi-official Tasnim news agency reported that Araghchi's talks with Pakistani officials would include "implementing a new legal regime over the Strait of Hormuz, receiving compensation, guaranteeing no renewed military aggression by warmongers, and lifting the naval blockade."

The talks would be unrelated to Iran's nuclear program, the report said.

Speaking in Florida before being rushed out of the White House Correspondents' Association dinner in Washington when a man opened fire nearby, Trump said he cancelled his envoys' visit due to too much travel and expense for what he considered an inadequate Iranian offer.

Iran "offered a lot, but not enough," Trump said.

World

Russia, North Korea Agree 'Long-term' Military Cooperation

FILE - Russian President Vladimir Putin, left, and North Korea's leader Kim Jong Un pose for a photo during a signing ceremony of a new partnership in Pyongyang, North Korea, June 19, 2024. (Kristina Kormilitsyna, Sputnik, Kremlin Pool Photo via AP, File)
FILE - Russian President Vladimir Putin, left, and North Korea's leader Kim Jong Un pose for a photo during a signing ceremony of a new partnership in Pyongyang, North Korea, June 19, 2024. (Kristina Kormilitsyna, Sputnik, Kremlin Pool Photo via AP, File)
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Russia, North Korea Agree 'Long-term' Military Cooperation

FILE - Russian President Vladimir Putin, left, and North Korea's leader Kim Jong Un pose for a photo during a signing ceremony of a new partnership in Pyongyang, North Korea, June 19, 2024. (Kristina Kormilitsyna, Sputnik, Kremlin Pool Photo via AP, File)
FILE - Russian President Vladimir Putin, left, and North Korea's leader Kim Jong Un pose for a photo during a signing ceremony of a new partnership in Pyongyang, North Korea, June 19, 2024. (Kristina Kormilitsyna, Sputnik, Kremlin Pool Photo via AP, File)

Russia and North Korea have agreed to "long-term" military cooperation, Russia's defense ministry said Sunday, as Moscow's military chief visited officials in Pyongyang.

Pyongyang has sent thousands of troops -- as well as missiles and munitions -- to support Russia's war in Ukraine.

In return, analysts say North Korea is receiving financial aid, military technology, food and energy from Russia, helping Pyongyang circumvent heavy international sanctions over its banned nuclear programs.

The two countries signed a military treaty in 2024, obligating both states to provide military assistance "without delay" in the event of an attack on the other.

"We agreed with the DPRK Defense Ministry to place our military cooperation on a stable, long-term footing," Moscow's Defense Minister Andrey Belousov said, using the initials of North Korea's official name.

"We are ready to sign a plan this year for Russian-Korean military cooperation for the period of 2027-2031," he added.

Russian officials are in Pyongyang for the opening ceremony of a memorial complex honouring those killed while supporting Moscow's war effort against Ukraine.

Belousov met North Korea's leader Kim Jong-un and Defense Minister No Kwang Chol on Sunday, while Russia's parliamentary speaker Vyacheslav Volodin also met Kim and thanked him for the role of North Korean troops in "the liberation of Kursk".

Pyongyang has deployed troops to Russia's western Kursk region to fend off a months-long counter-offensive by Kyiv's troops.

Belousov presented military awards to North Korean servicemen who took part in the Kursk operation, the Russian defence ministry said.

"Korean soldiers fought shoulder to shoulder with our soldiers and officers, liberating Russian soil from the Ukrainian Nazis," Volodin said.

Seoul estimates about 2,000 North Koreans have been killed in Moscow's war with Ukraine.

North Korean soldiers are said to have been instructed to kill themselves rather than be captured in battle.

Only two North Korean troops have been captured alive and are currently in custody of Ukrainian authorities.