Putin Says West’s ‘Theft’ of Russia’s Assets Will Not Go Unpunished 

Russia's President Vladimir Putin attends a meeting with the leadership of the Russian foreign ministry in Moscow, Russia June 14, 2024. (Reuters)
Russia's President Vladimir Putin attends a meeting with the leadership of the Russian foreign ministry in Moscow, Russia June 14, 2024. (Reuters)
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Putin Says West’s ‘Theft’ of Russia’s Assets Will Not Go Unpunished 

Russia's President Vladimir Putin attends a meeting with the leadership of the Russian foreign ministry in Moscow, Russia June 14, 2024. (Reuters)
Russia's President Vladimir Putin attends a meeting with the leadership of the Russian foreign ministry in Moscow, Russia June 14, 2024. (Reuters)

President Vladimir Putin said on Friday that plans by Western countries to provide Ukraine with loans using interest from Russian assets frozen abroad was theft and would not go unpunished. 

Putin, speaking at a meeting with Foreign Ministry officials, said the way the West had treated Moscow showed that any country could fall victim to a similar Western asset freeze. 

"Despite all the chicanery, theft will certainly remain theft. And it will not go unpunished", Putin said. 

"Now it is becoming obvious to all countries, companies (and) sovereign funds that their assets and reserves are far from safe in both the legal and economic sense of the word. 

"Anyone could be next in line for expropriation by the US and the West." 

Putin was speaking a day after the leaders of the Group of Seven major democracies agreed on an outline deal to provide $50 billion of loans for Ukraine using interest from Russian sovereign assets frozen after Moscow sent tens of thousands of troops into Ukraine in 2022 in what it called a special military operation. 



Middle East War ‘Benefits No One and Harms Many’, Merz

German Chancellor Friedrich Merz in Bardufoss in connection with Cold response 2026, in Bardufoss, Norway, 13 March 2026. (EPA)
German Chancellor Friedrich Merz in Bardufoss in connection with Cold response 2026, in Bardufoss, Norway, 13 March 2026. (EPA)
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Middle East War ‘Benefits No One and Harms Many’, Merz

German Chancellor Friedrich Merz in Bardufoss in connection with Cold response 2026, in Bardufoss, Norway, 13 March 2026. (EPA)
German Chancellor Friedrich Merz in Bardufoss in connection with Cold response 2026, in Bardufoss, Norway, 13 March 2026. (EPA)

German Chancellor Friedrich Merz said Friday that the Middle East war must end "as soon as possible" as the conflict "benefits no-one and harms many economically, including us".

Asked whether Europeans should make direct contact with Iran to ask for the Strait of Hormuz to be reopened, Merz said: "We are making every effort to end this war... all diplomatic channels are being used."

Speaking at a press conference in Norway alongside his Norwegian and Canadian counterparts Jonas Gahr Store and Mark Carney, Merz stressed that Germany shared the "important goals of the United States and Israel".

"Iran must not threaten Israel and other neighbors," Merz said, adding that Tehran's nuclear and ballistic missile programs must end and that the country "must stop supporting terrorism at home and beyond".

However, Merz added that "with each day of war, more questions arise than answers" and that "a convincing plan is needed" on conducting the war.

"We are witnessing a dangerous escalation. Iran is indiscriminately attacking states in the region, including close partners and allies of our own country, Germany," the chancellor said.

"The Strait of Hormuz has become impassable. We condemn this in the strongest possible terms.

"We have no interest in an endless war," Merz added. "We need a perspective for a peaceful order now."


Iran’s New Supreme Leader Wounded, Likely Disfigured, Hegseth Says

US Secretary of Defense Pete Hegseth speaks during a press conference at CENTCOM headquarters at MacDill Air Force Base in Tampa, Florida, USA, 05 March 2026. (EPA)
US Secretary of Defense Pete Hegseth speaks during a press conference at CENTCOM headquarters at MacDill Air Force Base in Tampa, Florida, USA, 05 March 2026. (EPA)
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Iran’s New Supreme Leader Wounded, Likely Disfigured, Hegseth Says

US Secretary of Defense Pete Hegseth speaks during a press conference at CENTCOM headquarters at MacDill Air Force Base in Tampa, Florida, USA, 05 March 2026. (EPA)
US Secretary of Defense Pete Hegseth speaks during a press conference at CENTCOM headquarters at MacDill Air Force Base in Tampa, Florida, USA, 05 March 2026. (EPA)

Iran's new Supreme Leader Mojtaba Khamenei is wounded and likely disfigured, US Defense Secretary Pete Hegseth said on Friday, questioning Khamenei's ability to govern after nearly two weeks of US and Israeli attacks on Iran.

No images have been released of Khamenei since an Israeli strike at the start of the war that killed much of his family, including his father and wife. His first comments came in a statement read out by a television presenter on Thursday. In the statement, he vowed to keep the Strait of Hormuz shut and called ‌on neighboring ‌countries to close US bases on their territory or risk Iran targeting ‌them.

"We ⁠know the new ⁠so-called not so supreme leader is wounded and likely disfigured. He put out a statement yesterday. A weak one, actually, but there was no voice and there was no video. It was a written statement," Hegseth told a briefing.

"Iran has plenty of cameras and plenty of voice recorders. Why a written statement? I think you know why. His father - dead. He's scared, he's injured, he's on the run and he lacks legitimacy."

An Iranian official told Reuters on Wednesday that the newly appointed supreme leader was lightly injured, but ⁠was continuing to operate, after state television described him as war-wounded.

Hegseth was joined ‌by General Dan Caine, the chairman of the Joint Chiefs ‌of Staff, at a briefing in which they emphasized US military strikes to knock out Iran's missile and ‌drone capabilities and its navy.

'NO QUARTER'

During the briefing, Hegseth said that the United States would show ‌no mercy in the war.

"We will keep pressing, keep pushing, keep advancing. No quarter, no mercy for our enemy," Hegseth said.

"No quarter" is the refusal to spare the life of someone who has expressed their intention to surrender - something prohibited by law.

"International humanitarian law prohibits the use of this procedure, that is, ordering that there shall ‌be no survivors, threatening the adversary therewith, or conducting hostilities on this basis," according to the International Committee of the Red Cross (ICRC).

Hegseth has moved to ⁠reshape the top ranks ⁠of the military justice system, replacing the judge advocates general for the Army, Navy and Air Force.

The United States has carried out strikes against more than 6,000 targets in Iran over the past 14 days. Almost two weeks of US-Israeli bombings have killed around 2,000 people in Iran.

A US official, speaking on the condition of anonymity, said the Pentagon was sending an additional warship, along with the Marines on board, to the Middle East. The Pentagon has previously said additional troops would be heading to the region.

But despite the US attacks on Iran, more Iranian drones were reported flying into Kuwait, Iraq, the UAE, Bahrain and Oman. Additionally, six US service members were killed on Friday when a US military refueling aircraft crashed in western Iraq, in an incident the US said involved another aircraft but was not the result of hostile or friendly fire.

Since the US and Israel started carrying out strikes against Iran on February 28, 11 US troops have been killed.


Report: Israel Targets Iranian Checkpoints Using Tip-Offs from Informants

A member of the Iranian security forces stands guard in front of a billboard showing Iranian Supreme Leader Mojtaba Khamenei and Iranian military commanders during a rally to mark International Quds Day in Tehran, Iran, 13 March 2026. (EPA)
A member of the Iranian security forces stands guard in front of a billboard showing Iranian Supreme Leader Mojtaba Khamenei and Iranian military commanders during a rally to mark International Quds Day in Tehran, Iran, 13 March 2026. (EPA)
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Report: Israel Targets Iranian Checkpoints Using Tip-Offs from Informants

A member of the Iranian security forces stands guard in front of a billboard showing Iranian Supreme Leader Mojtaba Khamenei and Iranian military commanders during a rally to mark International Quds Day in Tehran, Iran, 13 March 2026. (EPA)
A member of the Iranian security forces stands guard in front of a billboard showing Iranian Supreme Leader Mojtaba Khamenei and Iranian military commanders during a rally to mark International Quds Day in Tehran, Iran, 13 March 2026. (EPA)

Israel has launched a new phase of its assault on Iran, targeting checkpoints manned by the Iranian Revolutionary Guard Corps (IRGC) based on tip-offs from informants on the ground, a source briefed on Israel's military strategy told Reuters.

The targeting of checkpoints secured by IRGC personnel suggests an intensification of Israel's efforts to weaken Iran's elite forces as it carries ‌out joint ‌aerial bombardment with the United States.

Israel ‌says ⁠its war objectives ⁠include destroying Iran's military and nuclear capabilities but also "creating the conditions" for Iranians to overthrow their government, though Prime Minister Benjamin Netanyahu has said this is an uncertain prospect.

There has been no sign of organized ⁠dissent while the country is under attack, ‌and no sign ‌of Iran's rulers relinquishing power.

On Thursday, Israel's military ‌said it had struck checkpoints in Tehran operated ‌by the Basij, a part-time paramilitary force under IRGC control that is often used to quell protests inside Iran.

The source, who spoke on ‌condition of anonymity because they were not authorized to speak publicly, said ⁠informants ⁠on the ground in Tehran had passed intelligence to Israel on the locations of three checkpoints that were struck in the past three days.

The source was not able to confirm whether these included the Basij positions mentioned by the military.

The use of informants to identify checkpoint locations was first reported by the Wall Street Journal.

Israel's military did not immediately respond to a request for comment.