Credit Suisse has already paid back some of the emergency liquidity offered by the Swiss National Bank (SNB), data suggested on Tuesday, signaling an ebbing of the liquidity crisis which triggered the lender’s fall. Sight deposits – cash held by commercial banks overnight with the SNB – fell by 31 billion Swiss francs ($34.3 billion)last […]
Iran
The foreign ministers of Iran and Saudi Arabia met in Beijing on Thursday for the first formal gathering of their top diplomats in more than seven years, after China brokered a deal to restore relations between the top regional powers. After years of hostility that fuelled conflicts across the Middle East, Iran and Saudi Arabia […]
Iran made its official first import order using cryptocurrency this week, the semi-official Tasnim agency reported on Tuesday, a move that could enable the Islamic Republic to circumvent U.S. sanctions that have crippled the economy. The import order using cryptocurrency, worth $10 million, was a first step towards allowing the country to trade through digital […]
Facebook exposed on Thursday an Iranian cyber-spying operation that went after U.S. military personnel and people working at defense and aerospace companies. The tech giant said that group of Iranian hackers, known as Tortoiseshell, created fake social media profiles, and sent targeted malicious links to victims. The links that aimed to infect devices to enable espionage, used different tactics including setting up fake job recruiting sites. Facebook said the hackers tried to direct people to other websites, […]
Governments have enlisted the help of hackers throughout the entirety of the digital age, as user data continues being the target of many institutions, be them governmental or otherwise. These targets not only include state secrets, but also engulf an array of intellectual property as well as academic knowledge. Headlines have previously proved the effectiveness of these […]
By JON GAMBRELL Associated Press DUBAI, United Arab Emirates (AP) — The internet slowly trickled back on in Iran on Friday after a dayslong shutdown by authorities amid protests and unrest that followed government-set gasoline prices sharply rising, as the U.S. sanctioned the country’s prominent telecommunications minister over the outage. A week after the gasoline […]