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7 stories from Middle East Affairs.
US widens Iran financial crackdown as Bank Melli shutters overseas
The US Treasury announced a new sanctions campaign against Iran and designated Bank Melli, the Iranian state's largest bank, requiring all its foreign branches to close; Britain sanctioned Melli Bank plc, the institution's London subsidiary, though it continues to operate under a general license.
U.S. targets Iran's largest bank as Britain weighs shuttering London subsidiary
The U.S. Treasury designated Bank Melli, Iran's largest state bank, in a new sanctions campaign, while the British government holds the key to shuttering its London subsidiary.
U.S. tightens Iran bank sanctions as Britain holds firm on license
The U.S. Treasury designated Bank Melli and demanded closure of all foreign branches, while Britain has sanctioned the bank's London subsidiary but left its banking license intact.
Data centers' energy and water use accelerates as AI demand surges
Data centers powering AI and cloud services consume growing amounts of electricity and water, with most U.S. facilities still running on fossil fuels and electricity demand expected to double by 2030.
Hong Kong museum's Egypt exhibition closes after drawing 600,000 visitors
An exhibition of ancient Egyptian artifacts at the Hong Kong Palace Museum drew more than 600,000 visitors over nine months before closing.
Hong Kong court upholds conviction of charity fund trustees
Hong Kong's Court of Appeal has upheld the conviction of five trustees of a pro-democracy charity fund for failing to register under a colonial-era societies law.
Global hubs depend on each other to weather crises, analyst argues
Leading economic centers form an interdependent network rather than competing in isolation, according to analysis of how the UAE and Singapore absorbed recent shocks.
