Russian banks are welcome in Iran, where the Russian-Iranian Chamber of Commerce is actively working on opening a joint Russian-Iranian bank. Bahram Amirahmadiyan of the Russia-Iran Friendship Society said that the Russian ruble could also benefit from the banks’ entry to the Iranian market. Source: Sputnik
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Black-clad activists protesting U.S. President-elect Donald Trump’s inauguration smashed store and car windows in Washington on Friday and fought with police in riot gear who responded with pepper spray and stun grenades. Source reuters
France’s finance minister has cautioned incoming U.S. President Donald Trump against taking unilateral steps to deregulate the U.S. financial industry, stressing the need for international coordination. Source Reuters
Japan and India are finally moving to fructify their partnership for development of the Chabahar port in Iran with Tokyo committing investment to help improve Afghanistan’s access to the port. Source Times of India