Iran Says its Released Assets Abroad Will Be Used for Domestic Output 

06 August 2023, Iran, Tehran: Iranian President Ebrahim Raisi speaks with Sri Lankan Foreign Minister Ali Sabry (not pictured) during their meeting. (Iranian Presidency Office/dpa)
06 August 2023, Iran, Tehran: Iranian President Ebrahim Raisi speaks with Sri Lankan Foreign Minister Ali Sabry (not pictured) during their meeting. (Iranian Presidency Office/dpa)
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Iran Says its Released Assets Abroad Will Be Used for Domestic Output 

06 August 2023, Iran, Tehran: Iranian President Ebrahim Raisi speaks with Sri Lankan Foreign Minister Ali Sabry (not pictured) during their meeting. (Iranian Presidency Office/dpa)
06 August 2023, Iran, Tehran: Iranian President Ebrahim Raisi speaks with Sri Lankan Foreign Minister Ali Sabry (not pictured) during their meeting. (Iranian Presidency Office/dpa)

Iran's released assets abroad will be used to enhance domestic production, President Ebrahim Raisi was quoted as saying on Wednesday by the semi-official ISNA news agency.

Last week, Iran and Washington reached an agreement whereby five US citizens detained in Iran would be released while $6 billion of Iranian assets in South Korea would be unfrozen and sent to an account in Qatar that Iran could access.

US officials have said Iranian funds will be put in a restricted account and used for humanitarian purposes such as buying food or medicine.

As a first step in what may be a complex set of maneuvers, Iran allowed four detained US citizens to move into house arrest from Tehran's Evin prison, a lawyer for one said. A fifth was already under home confinement.

The United States would release some Iranians from US prisons as part of the deal, Iran's mission to the United Nations said.



Netanyahu Takes Witness Stand Again in His Trial for Corruption

 Israeli Prime Minister Benjamin Netanyahu attends his trial on corruption charges at the district court in Tel Aviv, Israel, Wednesday, April 2, 2025. (AP)
Israeli Prime Minister Benjamin Netanyahu attends his trial on corruption charges at the district court in Tel Aviv, Israel, Wednesday, April 2, 2025. (AP)
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Netanyahu Takes Witness Stand Again in His Trial for Corruption

 Israeli Prime Minister Benjamin Netanyahu attends his trial on corruption charges at the district court in Tel Aviv, Israel, Wednesday, April 2, 2025. (AP)
Israeli Prime Minister Benjamin Netanyahu attends his trial on corruption charges at the district court in Tel Aviv, Israel, Wednesday, April 2, 2025. (AP)

Israeli Prime Minister Benjamin Netanyahu testified again on Wednesday in his ongoing trial for alleged corruption.

Netanyahu is the first sitting Israeli leader to take the stand as a criminal defendant. He denies wrongdoing, saying the charges are a witch hunt orchestrated by a hostile media and a biased legal system out to topple his lengthy rule.

The corruption trial testimony is another low point for Israel’s longest-serving leader, who also faces an international arrest warrant for alleged war crimes in Gaza.

Netanyahu is expected to travel to Hungary later Wednesday for a meeting with the country's prime minister, Viktor Orban, despite the international arrest warrant.