Iran Exerts More Efforts to Release Frozen Assets

Iranian Vice President Mohammad Mokhber responds to journalists on the sidelines of the government meeting (IRNA)
Iranian Vice President Mohammad Mokhber responds to journalists on the sidelines of the government meeting (IRNA)
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Iran Exerts More Efforts to Release Frozen Assets

Iranian Vice President Mohammad Mokhber responds to journalists on the sidelines of the government meeting (IRNA)
Iranian Vice President Mohammad Mokhber responds to journalists on the sidelines of the government meeting (IRNA)

Iran's assets frozen by US sanctions have been released in some countries, and Tehran is trying to access the rest, announced First Vice President Mohammed Mokhber.

Mokhber told reporters that preparations had been made to secure the release of the blocked assets in other countries without naming them or providing details.

He highlighted the administration's efforts to contain inflation in the country, despite the Ukrainian war and the widespread protests that erupted after the death of Kurdish Mahsa Amini during police custody.

The annual inflation in the last Iranian year, which ended on March 20, dropped from 59 percent in August 2021 to 46 percent, said Mokhber.

- US denies interim agreement

US and Iran denied press reports that they had reached an interim agreement, including releasing the frozen assets in exchange for Iranian nuclear concessions and releasing Iranian-US detainees.

US State Department spokesman Matthew Miller said in a press conference that the reports of an interim deal are "completely false."

Asked about negotiations with Iran, Miller asserted that the US administration always had the "ability" to deliver messages to Iran when it's in Washington's interests to do so.

He reiterated that the administration is committed to ensuring that Iran never obtains a nuclear weapon, recalling that "diplomacy is the best means to accomplish that."

Miller confirmed that Iran could only access its funds held in accounts for Iraq for humanitarian and other non-sanctionable transactions.

"The United States has approved similar transactions on an ongoing basis, consistent with US law and in full coordination with the Government of Iraq."

On Monday, Iranian Foreign Ministry spokesman Nasser Kanaani said during a press conference that his country might conclude an imminent agreement for exchanging prisoners, noting that there is no such thing as negotiations for an interim agreement or new arrangements to replace the nuclear deal.

The reports said Iran's frozen assets in South Korea, Iraq, and the International Monetary Fund are expected to be released.

Last week, Iraq agreed to pay Iran about $2.76 billion in gas and electricity debt after receiving a sanctions waiver from the US.

Iraqi Foreign Ministry spokesperson Ahmed al-Sahhaf said in a brief statement that Foreign Minister Fuad Hussein had made progress "regarding financial dues between Iraq and Iran during his discussion with his American counterpart in Riyadh" when asked about the funds.

Hussein met the US Secretary of State Antony Blinken on the sidelines of the Riyadh Conference last Thursday.

- Banking discussions in Qatar

Meanwhile, the official IRNA news agency reported that the governor of the Central Bank of Iran, Mohammad Reza Farzin, met his Qatari counterpart in Doha.

The Iranian ambassador to Qatar, Hamid Dehghani, tweeted that the policy of strengthening relations with neighboring countries requires developing monetary and banking cooperation.

Qatar News Agency (QNA) stated that Farzin held talks with the Governor of Qatar Central Bank (QCB), Sheikh Bandar bin Mohammed bin Saoud Al-Thani and discussed the bilateral relations between the two countries in the financial and banking fields.

The Central Bank of Iran stated that Farzin's visit to Doha comes within the government's regional diplomacy framework to boost monetary, banking, and economic cooperation.

The governor will talk with banking officials in Qatar to strengthen bilateral and multilateral relations.

Aside from the US sanctions preventing Iran from dealing in dollars and severing its banks' connection to the SWIFT network, Iranian banks face international restrictions.

Paris-based Financial Action Taskforce (FATF) placed Iran on its blacklist after it failed to comply with international anti-terrorism financing norms.



UK PM's Top Aide Quits over Mandelson-Epstein Scandal

FILE PHOTO: British Prime Minister Keir Starmer talks with Britain's ambassador to the United States Peter Mandelson during a welcome reception at the ambassador's residence on February 26, 2025, in Washington, DC, US. Carl Court/Pool via REUTERS/File Photo
FILE PHOTO: British Prime Minister Keir Starmer talks with Britain's ambassador to the United States Peter Mandelson during a welcome reception at the ambassador's residence on February 26, 2025, in Washington, DC, US. Carl Court/Pool via REUTERS/File Photo
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UK PM's Top Aide Quits over Mandelson-Epstein Scandal

FILE PHOTO: British Prime Minister Keir Starmer talks with Britain's ambassador to the United States Peter Mandelson during a welcome reception at the ambassador's residence on February 26, 2025, in Washington, DC, US. Carl Court/Pool via REUTERS/File Photo
FILE PHOTO: British Prime Minister Keir Starmer talks with Britain's ambassador to the United States Peter Mandelson during a welcome reception at the ambassador's residence on February 26, 2025, in Washington, DC, US. Carl Court/Pool via REUTERS/File Photo

British Prime Minister Keir Starmer's chief of staff, Morgan McSweeney, quit on Sunday, saying he took responsibility for advising Starmer to name Peter Mandelson as ambassador to the US despite his known links to Jeffrey Epstein.

After new files revealed the depth of the Labour veteran's relationship with the late sex offender, Starmer is facing what is widely seen as the gravest crisis of his 18 months in power over his decision to send Mandelson to Washington in 2024, Reuters reported.

The loss of McSweeney, 48, a strategist who was instrumental in Starmer's rise to power, is the latest in a series of setbacks, less than two years after the Labour Party won one of the largest parliamentary majorities in modern British history.

With polls showing Starmer is hugely unpopular with voters after a series of embarrassing U-turns, some in his own party are openly questioning his judgment and his future, and it remains to be seen whether McSweeney's exit will be enough to silence critics.

The files released in the US on January 30 sparked a police investigation for misconduct in office over indications that Mandelson leaked market-sensitive information to Epstein when he was a government minister during the global financial crisis in 2009 and 2010.

In a statement, McSweeney said: "The decision to ⁠appoint Peter Mandelson was wrong. He has damaged our party, our country and trust in politics itself.
"When asked, I advised the Prime Minister to make that appointment and I take full responsibility for that advice."

The leader of the opposition Conservative Party, Kemi Badenoch, said the resignation was overdue and that "Keir Starmer has to take responsibility for his own terrible decisions".

Nigel Farage, head of the populist Reform UK party, which is leading in the polls, said he believed Starmer's time would soon be up.

Starmer has spent the last week defending McSweeney, a strategy that could prompt further questions about his own judgment. In a statement on Sunday, Starmer said it had been "an honor" working with him.

Many Labour members of parliament had blamed McSweeney for the appointment of Mandelson and the damage caused by the publication of the exchanges between Epstein ⁠and Mandelson. Others have said Starmer must go.

One Labour lawmaker, speaking on condition of anonymity, said McSweeney's resignation had come too late: "It buys the PM time, but it's still the end of days."

Starmer sacked Mandelson as ambassador in September over his links to Epstein.

The government agreed last week to release virtually all previously private communications between members of his government from the time when Mandelson was being appointed.

That release could come as early as this week, creating a new headache for Starmer just as he hopes to move on. If previously secret messages about how London planned to approach its relationship with Donald Trump are made public, it could damage Starmer's relationship with the US President.

McSweeney had held the role of chief of staff since October 2024, when he was handed the job following the resignation of Sue Gray after a row over pay and donations.

Starmer on Sunday appointed his deputy chiefs of staff, Jill Cuthbertson and Vidhya Alakeson, to serve as joint acting chiefs of staff.


Iran Sentences Nobel Laureate Narges Mohammadi to 7 More Years in Prison

(FILES) A handout photo provided by the Narges Mohammadi Foundation on October 2, 2023 shows an undated, unlocated photo of Iranian rights campaigner Narges Mohammadi. (Photo by Handout / NARGES MOHAMMADI FOUNDATION / AFP)
(FILES) A handout photo provided by the Narges Mohammadi Foundation on October 2, 2023 shows an undated, unlocated photo of Iranian rights campaigner Narges Mohammadi. (Photo by Handout / NARGES MOHAMMADI FOUNDATION / AFP)
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Iran Sentences Nobel Laureate Narges Mohammadi to 7 More Years in Prison

(FILES) A handout photo provided by the Narges Mohammadi Foundation on October 2, 2023 shows an undated, unlocated photo of Iranian rights campaigner Narges Mohammadi. (Photo by Handout / NARGES MOHAMMADI FOUNDATION / AFP)
(FILES) A handout photo provided by the Narges Mohammadi Foundation on October 2, 2023 shows an undated, unlocated photo of Iranian rights campaigner Narges Mohammadi. (Photo by Handout / NARGES MOHAMMADI FOUNDATION / AFP)

Iran sentenced Nobel Peace Prize laureate Narges Mohammadi to over seven more years in prison after she began a hunger strike, supporters said Sunday.

Mohammadi’s supporters cited her lawyer, who spoke to Mohammadi.

The lawyer, Mostafa Nili, confirmed the sentence on X, saying it had been handed down Saturday by a Revolutionary Court in the city of Mashhad. Such courts typically issue verdicts with little or no opportunity for defendants to contest their charges.

“She has been sentenced to six years in prison for ‘gathering and collusion’ and one and a half years for propaganda and two-year travel ban,” he wrote, according to The Associated Press.

She received another two years of internal exile to the city of Khosf, some 740 kilometers (460 miles) southeast of Tehran, the capital, the lawyer added.

Supporters say Mohammadi has been on a hunger strike since Feb. 2. She had been arrested in December at a ceremony honoring Khosrow Alikordi, a 46-year-old Iranian lawyer and human rights advocate who had been based in Mashhad. Footage from the demonstration showed her shouting, demanding justice for Alikordi and others.

Supporters had warned for months before her December arrest that Mohammadi, 53, was at risk of being put back into prison after she received a furlough in December 2024 over medical concerns.

While that was to be only three weeks, Mohammadi’s time out of prison lengthened, possibly as activists and Western powers pushed Iran to keep her free. She remained out even during the 12-day war in June between Iran and Israel.

Mohammadi still kept up her activism with public protests and international media appearances, including even demonstrating at one point in front of Tehran’s notorious Evin prison, where she had been held.

Mohammadi had been serving 13 years and nine months on charges of collusion against state security and propaganda against Iran’s government.

She also had backed the nationwide protests sparked by the 2022 death of Mahsa Amini, which have seen women openly defy the government by not wearing the hijab.

Mohammadi suffered multiple heart attacks while imprisoned before undergoing emergency surgery in 2022, her supporters say. Her lawyer in late 2024 revealed doctors had found a bone lesion that they feared could be cancerous that later was removed.

“Considering her illnesses, it is expected that she will be temporarily released on bail so that she can receive treatment,” Nili wrote.

However, Iranian officials have been signaling a harder line against all dissent since the recent demonstrations. Speaking on Sunday, Iranian judiciary chief Gholamhossein Mohseni-Ejei made comments suggesting harsh prison sentences awaited many.

“Look at some individuals who once were with the revolution and accompanied the revolution," he said. "Today, what they are saying, what they are writing, what statements they issue, they are unfortunate, they are forlorn (and) they will face damage.”


Nigeria's President to Make a Sate Visit to the UK in March

Nigeria’s President Bola Tinubu gives a joint statement with Brazil’s President Luiz Inacio Lula da Silva, at the Planalto presidential palace, in Brasilia, Brazil, Aug. 25, 2025. (AP Photo/Eraldo Peres, File)
Nigeria’s President Bola Tinubu gives a joint statement with Brazil’s President Luiz Inacio Lula da Silva, at the Planalto presidential palace, in Brasilia, Brazil, Aug. 25, 2025. (AP Photo/Eraldo Peres, File)
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Nigeria's President to Make a Sate Visit to the UK in March

Nigeria’s President Bola Tinubu gives a joint statement with Brazil’s President Luiz Inacio Lula da Silva, at the Planalto presidential palace, in Brasilia, Brazil, Aug. 25, 2025. (AP Photo/Eraldo Peres, File)
Nigeria’s President Bola Tinubu gives a joint statement with Brazil’s President Luiz Inacio Lula da Silva, at the Planalto presidential palace, in Brasilia, Brazil, Aug. 25, 2025. (AP Photo/Eraldo Peres, File)

Nigeria’s president is set to make a state visit to the UK in March, the first such trip by a Nigerian leader in almost four decades, Britain’s Buckingham Palace said Sunday.

Officials said President Bola Tinubu and first lady Oluremi Tinubu will travel to the UK on March 18 and 19, The AP news reported.

King Charles III and Queen Camilla will host them at Windsor Castle. Full details of the visit are expected at a later date.

Charles visited Nigeria, a Commonwealth country, four times from 1990 to 2018 before he became king. He previously received Tinubu at Buckingham Palace in September 2024.m

Previous state visits by a Nigerian leader took place in 1973, 1981 and 1989.

A state visit usually starts with an official reception hosted by the king and includes a carriage procession and a state banquet.

Last year Charles hosted state visits for world leaders including US President Donald Trump, French President Emmanuel Macron and German President Frank-Walter Steinmeier.