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Iran Says Prisoner Exchange Process with US Will Take Up to Two Months

Iran's and US' flags are seen printed on paper in this illustration taken January 27, 2022. (Reuters)
Iran's and US' flags are seen printed on paper in this illustration taken January 27, 2022. (Reuters)
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Iran Says Prisoner Exchange Process with US Will Take Up to Two Months

Iran's and US' flags are seen printed on paper in this illustration taken January 27, 2022. (Reuters)
Iran's and US' flags are seen printed on paper in this illustration taken January 27, 2022. (Reuters)

The process of releasing US prisoners held in Iran will take up to two months, Iran's Foreign Ministry Spokesperson Nasser Kanaani said on Monday during a press conference. 

"A specific time frame has been announced by relevant authorities, and it will take a maximum of two months for this process to take place," Kanaani said. 

Earlier this month, Tehran and Washington reached an agreement whereby five US citizens held in Iran would be freed while $6 billion of Iranian assets frozen in South Korea would be released. 

South Korean media reported on Monday that the assets have been transferred to Switzerland's central bank last week for exchange and transfer to Iran. 

The Swiss National Bank plans to exchange the $6 billion holdings in won for dollars and then euros in the currency market, converting about 300 billion won ($223.85 million) to 400 billion each day for next five weeks, Yonhap Infomax reported, citing an unnamed currency market source.  

An official at South Korea's finance ministry declined to confirm the report, citing the legal and diplomatic sensitivity of the matter.  

Iranian President Ebrahim Raisi said last week that the released assets would be used to enhance domestic production. 

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Ukraine Strikes Moscow in Biggest Drone Attack to Date

A view of the site of the damaged multi-storey residential building following an alleged Ukrainian drone attack in Ramenskoye, outside Moscow, Moscow region, Russia, on Tuesday, Sept. 10, 2024. (AP Photo)
A view of the site of the damaged multi-storey residential building following an alleged Ukrainian drone attack in Ramenskoye, outside Moscow, Moscow region, Russia, on Tuesday, Sept. 10, 2024. (AP Photo)
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Ukraine Strikes Moscow in Biggest Drone Attack to Date

A view of the site of the damaged multi-storey residential building following an alleged Ukrainian drone attack in Ramenskoye, outside Moscow, Moscow region, Russia, on Tuesday, Sept. 10, 2024. (AP Photo)
A view of the site of the damaged multi-storey residential building following an alleged Ukrainian drone attack in Ramenskoye, outside Moscow, Moscow region, Russia, on Tuesday, Sept. 10, 2024. (AP Photo)

Ukraine struck the Moscow region on Tuesday in its biggest drone attack so far on the Russian capital, killing at least one woman, wrecking dozens of homes and forcing around 50 flights to be diverted from airports around Moscow.

Russia, the world's biggest nuclear power, said it destroyed at least 20 Ukrainian attack drones as they swarmed over the Moscow region, which has a population of more than 21 million, and 124 more over eight other regions.

At least one person was killed near Moscow, Russian authorities said. Three of Moscow's four airports were closed for more than six hours and almost 50 flights were diverted.

Kyiv said Russia, which sent tens of thousands of troops into Ukraine in February 2022, had attacked it overnight with 46 drones, of which 38 were destroyed.
The drone attacks on Russia damaged high-rise apartment buildings in the Ramenskoye district of the Moscow region, setting flats on fire, residents told Reuters.

A 46-year-old woman was killed and three people were wounded in Ramenskoye, Moscow regional governor Andrei Vorobyov said.

The Ramenskoye district, some 50 km (31 miles) southeast of the Kremlin, has a population of around quarter a million of people, according to official data.
More than 70 drones were also downed over Russia's Bryansk region and tens more over other regions, Russia's defense ministry said. There was no damage or casualties reported there.

As Russia advances in eastern Ukraine, Kyiv has taken the war to Russia with a cross-border attack in Russia's western Kursk region that began on Aug. 6 and by carrying out increasingly large drone attacks deep into Russian territory.

DRONE WAR

The war has largely been a grinding artillery and drone war along the 1,000 km (620 mile) heavily fortified front line in southern and eastern Ukraine involving hundreds of thousands of soldiers.

Moscow and Kyiv have both sought to buy and develop new drones, deploy them in innovative ways, and seek new ways to destroy them - from shotguns to advanced electronic jamming systems.

Both sides have turned cheap commercial drones into deadly weapons while ramping up their own production and assembly to attack targets including tanks, energy infrastructure such as refineries and airfields.