'He's in our hearts': Family and friends still seek answers one year after Nathan Wise’s disappearance
It’s been a year since Nathan Wise went missing and his family is no closer to finding out what happened to him.
Iran and Russia have taken a key step toward linking their banking systems in a move that further boosts their cooperation in the face of Western sanctions, an Iranian official said.
At a signing ceremony on Sunday, Mohsen Karami, the deputy central bank governor, said banks in the two countries had connected their messaging networks following agreements reached over the past year, according to the state-run IRNA news agency.
It was not clear whether those links would allow for the transfer of funds, and services were not yet available to bank customers. Karami said 100 banks in 13 other countries were connected to the network, without naming them.
There was no immediate comment from Russia or the United States, which has worked with its allies to isolate both countries.
In response to Russia's invasion of Ukraine nearly a year ago, Western countries banned key Russian banks from the Belgium-based SWIFT financial messaging system, which daily moves billions of dollars around the world among more than 11,000 banks and financial institutions.
The Trump administration took similar action against Iranian banks as it reimposed crippling sanctions after withdrawing the U.S. from a nuclear agreement with world powers in 2018.
Cutting banks off from the SWIFT system severely limits a country's ability to acquire foreign capital and trade internationally, and is among the toughest financial sanctions available.
Iran and Russia have strengthened ties following Russia's invasion, with Iran supplying attack drones that have dive-bombed infrastructure and other civilian targets across Ukraine. After initially denying that it had armed Russia, in November Iran acknowledged the drones transfer, saying it took place before the war began.
Russia's vast oil reserves and trade ties with China and India have thus far largely cushioned it from Western sanctions.
Iran has struggled for years in the face of similar sanctions linked to its disputed nuclear program. Its currency fell to an all-time low late last year, further hobbling the economy, draining people's life savings and adding fuel to nationwide anti-government protests.
Efforts to revive the 2015 agreement, which lifted sanctions on Iran in return for strict limits and stepped-up surveillance of its nuclear activities, hit an impasse several months ago.
It’s been a year since Nathan Wise went missing and his family is no closer to finding out what happened to him.
Dozens of Ontarians are expressing frustration in the province’s health-care system after their family doctors either dropped them as patients or threatened to after they sought urgent care elsewhere.
An Ottawa pizzeria is being recognized as one of the top 20 deep-dish pizzas in the world.
Amazon's paid subscription service provides free delivery for online shopping across Canada except for remote locations, the company said in an email. While customers in Iqaluit qualify for the offer, all other communities in Nunavut are excluded.
The fire burning near Fort McMurray grew from 25 hectares to 5,500 hectares over the weekend.
Russia’s President Vladimir Putin began a Cabinet shakeup on Sunday, proposing the replacement of Sergei Shoigu as defence minister as he begins his fifth term in office.
Police are searching for a male suspect after a man was “slashed in neck” on Sunday morning in downtown Toronto and died.
There were some scary moments for several people on a northern Ontario highway caught on video Thursday after a chain reaction following a truck fire.
Health Canada announced various product recalls this week, including electric adapters, armchairs, cannabis edibles and vehicle components.
English, history, entertainment, math and geography: high school trivia teams could be quizzed on any of it when they compete at the Reach for the Top Nationals in Ottawa in June.
An Ottawa pizzeria is being recognized as one of the top 20 deep-dish pizzas in the world.
A family of fifth generation farmers from Ituna, Sask. are trying to find answers after discovering several strange objects lying on their land.
A Listowel, Ont. man, drafted by the Hamilton Tigercats last week, is also getting looks from the NFL, despite only playing 27 games of football in his life.
The threat of zebra mussels has prompted the federal government to temporarily ban watercraft from a Manitoba lake popular with tourists.
A small Ajax dessert shop that recently received a glowing review from celebrity food critic Keith Lee is being forced to move after a zoning complaint was made following the social media influencer’s visit last month.
The Canada Science and Technology Museum is inviting visitors to explore their poop. A new exhibition opens at the Ottawa museum on Friday called, 'Oh Crap! Rethinking human waste.'
The Regina Police Service says it is the first in Saskatchewan and possibly Canada to implement new technology in its detention facility that will offer real-time monitoring of detainees’ vital health metrics.
Just as she had feared, a restaurant owner from eastern Quebec who visited Montreal had her SUV stolen, but says it was all thanks to the kindness of strangers on the internet — not the police — that she got it back.