Iran: Signs of New Protests Against Rise in Prices

A display featuring missiles and a portrait of Iran's Leader Ayatollah Ali Khamenei is seen at Baharestan Square in Tehran, Iran September 27, 2017. Nazanin Tabatabaee Yazdi/TIMA via REUTERS
A display featuring missiles and a portrait of Iran's Leader Ayatollah Ali Khamenei is seen at Baharestan Square in Tehran, Iran September 27, 2017. Nazanin Tabatabaee Yazdi/TIMA via REUTERS
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Iran: Signs of New Protests Against Rise in Prices

A display featuring missiles and a portrait of Iran's Leader Ayatollah Ali Khamenei is seen at Baharestan Square in Tehran, Iran September 27, 2017. Nazanin Tabatabaee Yazdi/TIMA via REUTERS
A display featuring missiles and a portrait of Iran's Leader Ayatollah Ali Khamenei is seen at Baharestan Square in Tehran, Iran September 27, 2017. Nazanin Tabatabaee Yazdi/TIMA via REUTERS

Signs of a new round of protests emerged in Tehran, after the rise in prices hit the foreign exchange market, pushing the dollar to a record high in two years.

Angry Iranians gathered on Sunday in front of the Central Bank headquarters, chanting slogans condemning the officials and demanding the resignation of the central bank governor, Abdolnaser Hemmati.

The latter was the center of recent speculations, as political circles in Tehran reported that he could run for the presidential elections scheduled for May 2021.

Iranian security forces cordoned off the streets leading to the bank, according to eyewitnesses’ reports on social networks.

Meanwhile, the government adopted security measures and arrested officials to reduce popular discontent.

Quoting the Iranian police chief, ILNA news agency reported that the authorities launched a new unit called the “economic security police” to counter economy breaches.

For its part, Fars Agency of the Revolutionary Guards quoted Colonel Nader Moradi, Deputy Commander of the Greater Tehran Police for Supervision of Commercial Venues, as saying that the police forces will “legally confront the officials of the home appliance unions who trade in goods with the aim of selling them at high prices that exceed the approved rates.”

The price of one dollar rose in recent days to 180,000 Iranian Rials, the highest record reached since August 2018, in parallel with the implementation of the US sanctions.



China’s Foreign Minister Warns Philippines over US Missile Deployment

 China's Foreign Minister Wang Yi attends the 14th EAST Asia Summit Foreign Ministers' Meeting in the 57th ASEAN Foreign Ministers' Meeting at the National Convention Center, in Vientiane, Laos July 27, 2024. (Reuters)
China's Foreign Minister Wang Yi attends the 14th EAST Asia Summit Foreign Ministers' Meeting in the 57th ASEAN Foreign Ministers' Meeting at the National Convention Center, in Vientiane, Laos July 27, 2024. (Reuters)
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China’s Foreign Minister Warns Philippines over US Missile Deployment

 China's Foreign Minister Wang Yi attends the 14th EAST Asia Summit Foreign Ministers' Meeting in the 57th ASEAN Foreign Ministers' Meeting at the National Convention Center, in Vientiane, Laos July 27, 2024. (Reuters)
China's Foreign Minister Wang Yi attends the 14th EAST Asia Summit Foreign Ministers' Meeting in the 57th ASEAN Foreign Ministers' Meeting at the National Convention Center, in Vientiane, Laos July 27, 2024. (Reuters)

Chinese Foreign Minister Wang Yi has warned the Philippines over the US intermediate-range missile deployment, saying such a move could fuel regional tensions and spark an arms race.

The United States deployed its Typhon missile system to the Philippines as part of joint military drills earlier this year. It was not fired during the exercises, a Philippine military official later said, without giving details on how long it would stay in the country.

China-Philippines relations are now at a crossroads and dialogue and consultation are the right way, Wang told the Philippine Foreign Secretary Enrique Manalo on Friday during a meeting in Vientiane, the capital of Laos where top diplomats of world powers have gathered ahead of two summits.

Wang said relations between the countries are facing challenges because the Philippines has "repeatedly violated the consensus of both sides and its own commitments", according to a Chinese foreign ministry statement.

"If the Philippines introduces the US intermediate-range missile system, it will create tension and confrontation in the region and trigger an arms race, which is completely not in line with the interests and wishes of the Filipino people," Wang said.

The Philippines' military and its foreign ministry did not immediately respond to requests for comment on Wang's remarks.

China and the Philippines are locked in a confrontation in the South China Sea and their encounters have grown more tense as Beijing presses its claims to disputed shoals in waters within Manila's its exclusive economic zone.

Wang said China has recently reached a temporary arrangement with the Philippines on the transportation and replenishment of humanitarian supplies to Ren'ai Jiao in order to maintain the stability of the maritime situation, referring to the Second Thomas Shoal.

Philippine vessels on Saturday successfully completed their latest mission to the shoal unimpeded, its foreign ministry said in a statement.