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US warns of ‘economic catastrophe’

A failure by the US to raise its debt ceiling would lead to an economic and financial crisis in the country, Treasury Secretary Janet Yellen has cautioned, urging lawmakers to act and not wait “until the last minute.”

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Kremlin explains seizure of foreign assets

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Senior Iranian cleric shot dead – media

Abbas-Ali Soleimani was a member of the Council of Experts, a leading oversight body Senior Iranian religious leader Abbas-Ali Soleimani was shot dead in an incident at a bank in the city of Babolsar on Wednesday morning, national media have reported.

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