Iran reports highest daily coronavirus infections since Feb

To stem a third wave of the outbreak, authorities have urged people to avoid unnecessary trips and stay home. (File/AFP)
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Updated 21 October 2020

Iran reports highest daily coronavirus infections since Feb

  • 312 people died from the disease in the past 24 hours, bringing total fatalities to 31,346
  • It is the second consecutive day that the country has seen record figures

DUBAI: Iran’s health ministry on Wednesday reported 5,616 new coronavirus cases for the previous 24 hours, the highest daily number since February, bringing the national tally to 545,286 in the Middle East’s hardest-hit country.
Ministry spokeswoman Sima Sadat Lari told state TV that 312 people had died from the disease in the past 24 hours, bringing total fatalities to 31,346.
To stem a third wave of the outbreak, authorities have urged people to avoid unnecessary trips and stay home, warning that hospitals in Tehran and some other major cities are overflowing with coronavirus patients.
On Tuesday, Health Minister Saeed Namaki appealed for more public and government support to enforce restrictions to curb the spread of the virus. Earlier this month, mask-wearing became mandatory in public in Tehran, where the government said violators would be fined. The government on Saturday extended restrictions and closures in the capital into a third week.
Authorities plan to impose similar restrictions in other cities, where the infection rates are high.


Erdogan’s son-in-law leaves sovereign wealth fund

Updated 22 sec ago

Erdogan’s son-in-law leaves sovereign wealth fund

  • The 42-year-old quit as finance minister in a cryptic November 8 message on Instagram
  • His resignation was ignored by state media until it was formally accepted by Erdogan the next night

ANKARA: President Recep Tayyip Erdogan’s son-in-law quit as the deputy head of Turkey’s huge sovereign wealth fund, completing a fall from grace that began with his surprise resignation as finance minister.
Berat Albayrak had been viewed as Turkey’s second most powerful figure until his chaotic departure from the government at the start of the month.
Married to the Turkish leader’s elder daughter, the 42-year-old quit as finance minister in a cryptic November 8 message on Instagram that cited health reasons.
His resignation from the helm of the Turkish economy was ignored by state media for more than 24 hours, until it was formally accepted by Erdogan the next night.
Albayrak’s two-year tenure as economy chief saw the lira lose 40 percent of its value against the dollar and the central bank burn though most of its reserves in trying to defend the currency.
His departure was linked to Erdogan’s appointment of a new market-friendly central banker whom Albayrak had strongly opposed.
Naci Agbal, the new central bank governor, sharply raised the main interest rate at his first policy meeting last week, helping the lira halt its slide.
Yet Albayrak still held on to his post as deputy head of the sovereign wealth fund, which was created in 2016 and now manages state assets officially valued at $22.6 billion.
Erdogan’s office said little about Albayrak’s departure, noting in a one-sentence statement that he “left the board of the sovereign wealth fund of Turkey after asking to take leave.”
He was appointed as its deputy head in 2018, the same year Erdogan became its official chief.