US, Iran Differ over Tehran’s Frozen Assets

A panel displays currency rates in a market in Tehran, November 29, 2021. (Reuters)
A panel displays currency rates in a market in Tehran, November 29, 2021. (Reuters)
TT

US, Iran Differ over Tehran’s Frozen Assets

A panel displays currency rates in a market in Tehran, November 29, 2021. (Reuters)
A panel displays currency rates in a market in Tehran, November 29, 2021. (Reuters)

Tehran accused the US administration of waging a “psychological war,” a day after Washington denied releasing $3.5 billion of Iran’s frozen funds abroad.

“The United States has not released any money to Iran. Any such report to the contrary is incorrect,” State Department spokesman Ned Price affirmed.

“We also understand that our partners have not transferred frozen funds to Iran, not even South Korea,” he stressed.

“And of course, the US has not authorized or approved any such frozen transfers to Iran. All of our current sanctions remain in effect. They will remain in effect until and unless we’re able to reach a diplomatic agreement,” in Vienna.

Price’s remarks, which coincide with a new round of talks in the Austrian capital, are part of a “psychological war” against Iran, state TV quoted an informed source as saying.

These remarks “will not affect what has actually happened,” the source added.

One of the countries will soon release the frozen assets under the sanctions imposed by Donald Trump’s administration on Iranian oil sales, deputy Foreign Minister for Economic Diplomacy Mehdi Safari said on Thursday.

He added that $3.5 billion of Iranian assets have been released, noting that the government had requested other countries to release larger numbers

“Fruitful negotiations were held in this regard,” Safari confirmed, while declining to reveal the amount discussed.

In mid-November, the Central Bank said one billion dollars from the released funds would be allotted for the import of “essential goods.”

Meanwhile, the Iranian rial currency dipped last week but remained above historic lows after news that talks with world powers to revive the 2015 Iran nuclear accord may have run into difficulties.

The US dollar was selling for as much as 302,200 rials on the unofficial market on Saturday, up from 294,000 on Friday.

In October 2020, the rial hit a record low of about 320,000 to a dollar as a drop in oil prices deepened the economic crisis in the country already reeling under US sanctions and the highest COVID-19 death toll in the Middle East.



Somaliland Denies It Will Host Palestinians, Israeli Base

This picture taken on November 7, 2024 shows a general view of the city of Hargeisa, capital and largest city of the self-proclaimed Republic of Somaliland. (AFP)
This picture taken on November 7, 2024 shows a general view of the city of Hargeisa, capital and largest city of the self-proclaimed Republic of Somaliland. (AFP)
TT

Somaliland Denies It Will Host Palestinians, Israeli Base

This picture taken on November 7, 2024 shows a general view of the city of Hargeisa, capital and largest city of the self-proclaimed Republic of Somaliland. (AFP)
This picture taken on November 7, 2024 shows a general view of the city of Hargeisa, capital and largest city of the self-proclaimed Republic of Somaliland. (AFP)

The breakaway region of Somaliland on Thursday denied allegations by the Somali president that it would take resettled Palestinians or host an Israeli military base in exchange for Israel recognizing its independence.

Israel last week became the first country to recognize Somaliland as an "independent and sovereign state", triggering protests across Somalia.

On Wednesday, Somali President Hassan Sheikh Mohamud, citing intelligence reports, told Al Jazeera that Somaliland had accepted three conditions from Israel: the resettlement of Palestinians, the establishment of a military base on the Gulf of Aden, and joining the Abraham Accords to normalize ties with Israel.

Somaliland's foreign ministry denied the first two conditions.

"The Government of the Republic of Somaliland firmly rejects false claims made by the President of Somalia alleging the resettlement of Palestinians or the establishment of military bases in Somaliland," it said in a statement on X.

It said the deal was "purely diplomatic".

"These baseless allegations are intended to mislead the international community and undermine Somaliland's diplomatic progress," it added.

But analysts say an alliance with Somaliland is especially useful to Israel for its strategic position on the Bab el-Mandeb Strait, close to the Iran-backed Houthi in Yemen, who have struck Israel repeatedly since the start of the Gaza war.

Somaliland unilaterally declared independence in 1991 and has enjoyed far more peace than the rest of conflict-hit Somalia, establishing its own elections, currency and army.

Its location alongside one of the world's busiest shipping lanes has made it a key partner for foreign countries.


Flash Floods Triggered by Heavy Rains in Afghanistan Kill at Least 17 People

Smog is seen over Kabul, Afghanistan, 31 December 2025. (EPA)
Smog is seen over Kabul, Afghanistan, 31 December 2025. (EPA)
TT

Flash Floods Triggered by Heavy Rains in Afghanistan Kill at Least 17 People

Smog is seen over Kabul, Afghanistan, 31 December 2025. (EPA)
Smog is seen over Kabul, Afghanistan, 31 December 2025. (EPA)

The season’s first heavy rains and snowfall ended a prolonged dry spell but triggered flash floods in several areas of Afghanistan, killing at least 17 people and injuring 11 others, a spokesman for Afghanistan’s national disaster management authority said Thursday.

The dead included five members of a family in a property where the roof collapsed on Thursday in Kabkan, a district in the Herat province, according to Mohammad Yousaf Saeedi, spokesman for the Herat governor. Two of the victims were children.

Most of the casualties have occurred since Monday in districts hit by flooding, and the severe weather also disrupted daily life across central, northern, southern, and western regions, according to Mohammad Yousaf Hammad, a spokesman for Afghanistan's National Disaster Management Authority.

Hammad said the floods also damaged infrastructure in the affected districts, killed livestock, and affected 1,800 families, worsening conditions in already vulnerable urban and rural communities.

Hammad said the agency has sent assessment teams to the worst-affected areas, with surveys ongoing to determine further needs.

Afghanistan, like neighboring Pakistan and India, is highly vulnerable to extreme weather events, particularly flash floods following seasonal rains.

Decades of conflict, poor infrastructure, deforestation, and the intensifying effects of climate change have amplified the impact of such disasters, especially in remote areas where many homes are made of mud and offer limited protection against sudden deluges.

The United Nations and other aid agencies this week warned that Afghanistan is expected to remain one of the world’s largest humanitarian crises in 2026. The UN and its humanitarian partners launched a $1.7 billion appeal on Tuesday to assist nearly 18 million people in urgent need in the country.


Thousands Stage Pro-Gaza Rally in Istanbul

Demonstrators gather on the Galata Bridge holding Palestinian and Turkish flags during a pro-Palestinian rally in Istanbul, Türkiye, Thursday, Jan. 1, 2026. (AP Photo/Khalil Hamra)
Demonstrators gather on the Galata Bridge holding Palestinian and Turkish flags during a pro-Palestinian rally in Istanbul, Türkiye, Thursday, Jan. 1, 2026. (AP Photo/Khalil Hamra)
TT

Thousands Stage Pro-Gaza Rally in Istanbul

Demonstrators gather on the Galata Bridge holding Palestinian and Turkish flags during a pro-Palestinian rally in Istanbul, Türkiye, Thursday, Jan. 1, 2026. (AP Photo/Khalil Hamra)
Demonstrators gather on the Galata Bridge holding Palestinian and Turkish flags during a pro-Palestinian rally in Istanbul, Türkiye, Thursday, Jan. 1, 2026. (AP Photo/Khalil Hamra)

Thousands joined a New Year's Day rally for Gaza in Istanbul Thursday, waving Palestinian and Turkish flags and calling for an end to the violence in the tiny war-torn territory.

Demonstrators gathered in freezing temperatures under cloudless blue skies to march to the city's Galata Bridge for a rally under the slogan: "We won't remain silent, we won't forget Palestine," an AFP reporter at the scene said.

More than 400 civil society organizations were present at the rally, one of whose organizers was Bilal Erdogan, the youngest son of Turkish President Recep Tayyip Erdogan.

Police sources and Anadolou state news agency said some 500,000 people had joined the march at which there were speeches and a performance by Lebanese-born singer Maher Zain of his song "Free Palestine".

"We are praying that 2026 will bring goodness for our entire nation and for the oppressed Palestinians," said Erdogan, who chairs the board of the Ilim Yayma Foundation, an educational charity that was one of the organizers of the march.

Türkiye has been one of the most vocal critics of the war in Gaza and helped broker a recent ceasefire that halted the deadly war waged by Israel in response to Hamas' unprecedented attack on October 7, 2023.

But the fragile October 10 ceasefire has not stopped the violence with more than more than 400 Palestinians killed since it took hold.