Skip to main content
Sahmino
Back to the newsroom
Persian Gulf

Pezeshkian meets Abu Dhabi crown prince at BRICS summit; Gargash cites UAE's deterrence and diplomacy approach

Sep 13, 2026

Iranian President Masoud Pezeshkian met and held talks with Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, on the sidelines of the BRICS summit in New Delhi. Reacting to the meeting on X, UAE presidential adviser Anwar Gargash wrote that it reflected the UAE's approach built on two pillars, deterrence and diplomacy, saying neither is effective without the other. Gargash added that deterrence strengthens the credibility of diplomacy, and diplomacy succeeds only when it begins from a position of equality and capability, in order to shape the best path toward stable and sustainable regional security. He also said Pezeshkian has taken balanced and rational positions during the current crisis that cannot be overlooked at this sensitive stage.

Source

Donya-e-Eqtesad, citing Mehr

Related news

GeneralPersian Gulf

Bessent Claims UAE Has Signaled Plans to Cut Financial Ties With Iran

US Treasury Secretary Scott Bessent claimed that the United Arab Emirates has made encouraging statements about cutting financial ties with Iran. According to Tasnim, as relayed by Donya-e-Eqtesad, Bessent also said the US has held good talks with China about Beijing's financial relations with Tehran. As of this report, neither the UAE nor China had officially responded to these claims. The US Treasury had said on Monday, September 14, that it would meet representatives of international financial institutions this week to discuss the economic pressure campaign against Iran.

Donya-e-Eqtesad, citing Tasnim · Sep 15, 2026

General

US Treasury Secretary Says Iran's Gasoline Queues Are the Result of the Economic Blockade

US Treasury Secretary Scott Bessent said on Monday, September 14, that long gasoline queues in Iran are the result of Washington's economic blockade. Describing the campaign as the largest economic pressure campaign in the world against a country, he framed it as a response to Iran's pursuit of a nuclear bomb. Bessent also said the United States has held constructive talks with China about Tehran's financial ties, and that the discussions would continue this week and at an upcoming meeting between Donald Trump and Xi Jinping. According to Ecoiran, the US Treasury had earlier said on Monday that it would meet representatives of international financial institutions this week to discuss the economic pressure campaign against Iran.

Ecoiran · Sep 15, 2026

CurrencyNorth America

Wall Street Banks Expect Fed to Raise Rates by 25 Basis Points Wednesday

More than 10 major Wall Street banks, including Goldman Sachs, JPMorgan and Morgan Stanley, expect the Federal Reserve to raise interest rates by 25 basis points at its meeting on Wednesday, September 16. According to the CME FedWatch tool, markets are pricing an 87.3 percent probability of the hike. A similar tool on Investing.com showed a 91.8 percent probability of the rate reaching the 3.75 to 4 percent range as of 11:35am ET on Tuesday, September 15, up from 89.5 percent the previous day. A 0.3 percent rise in core consumer prices in August and oil climbing back above 100 dollars have also pushed banks such as Barclays, Citigroup and Bank of America toward expecting tighter policy. Kevin Warsh, a former Federal Reserve governor, had earlier warned at the Jackson Hole symposium that more action would be needed if underlying inflation did not return to target quickly.

Arzdigital · Sep 15, 2026

CryptoRussia

Bank of Russia Warns Crypto Growth Could Weaken the Ruble

In its new policy guidelines for 2027 to 2029, the Bank of Russia listed cryptocurrencies and stablecoins among the major threats to the country's financial markets and monetary sovereignty. The central bank warned that the spread of crypto assets could weaken the ruble, cause heavy financial losses for retail investors and fuel the shadow economy, and it called for tougher enforcement against unlicensed platforms. Under current rules, Russian retail investors face an annual trading cap of about 3,700 dollars through licensed brokers. The policy document reflects a dual approach: using crypto assets to settle international trade and bypass sanctions is permitted, but domestic use remains tightly restricted, since the bank says wider adoption would disrupt monetary tools and complicate inflation and interest rate management.

Arzdigital, citing Bank of Russia · Sep 15, 2026