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Saturday, April 25, 2026

US Treasury chief says IRGC moves money offshore as Iranians cross border for cooking oil

 

US Treasury Secretary Scott Bessent accused IRGC leaders of trying to funnel money into offshore accounts while ordinary Iranians are being pushed into cross-border trade for basic goods, pointing to a New York Times report on Iranians carrying cooking oil from Turkey into Iran.

“I am amazed that the IRGC has forced the invention of a completely new type of oil trading – in cooking oil,” Bessent wrote on X.

He said the Islamic Republic’s “colossal economic mismanagement” had forced Iranians “to barter to feed their families, and to become dependent on their neighbors,” while IRGC leaders tried to move more money offshore.

The New York Times reported from the Kapikoy crossing on Turkey’s border with Iran that Iranians have been buying bottles of olive, sunflower and corn oil in Turkey to resell inside Iran or use at home, as prices for basic goods surge.

The report said demand for cooking oil at the border had risen in recent days, turning a basic household product into a small cross-border trade amid Iran’s inflation crisis, layoffs, war disruption and internet shutdown.

The newspaper added that the Kapikoy crossing has become one of the few durable links between Iranians and the outside world during the war, as air travel was disrupted for much of the past two months and the government-imposed internet blackout continues.

The pressure on households has intensified after Iran removed subsidies on imports of some essential goods in January, a move that pushed up cooking oil prices. The government later offered direct monthly cash payments of about 10 million rials, or around $7, but economists cited in the report said that was unlikely to meaningfully ease the burden.

Bessent said that under President Donald Trump, the United States was committed to supporting “the freedom and dignity of the Iranian people after 47 years of corruption.”

https://www.iranintl.com/en/liveblog/202604194357

Trump says Iran sent improved offer after he canceled Pakistan trip

 

President Donald Trump said he canceled the planned trip by US negotiators to Pakistan because there was “no reason” to have people travel for 16 or 17 hours when Iran’s position was not good enough, but said Tehran sent an improved paper shortly after the cancellation.

“There’s no reason to wait two days, have people traveling for 16, 17 hours. We’re not doing it that way,” Trump told reporters before leaving Palm Beach International Airport. “When they want, they can call me. We have all the cards. We won everything.”

Asked what had changed since he said the United States was dealing with whoever was in charge in Iran, Trump said: “Nothing. It’s just that they gave us a paper that should have been better.”

“Interestingly, immediately when I canceled it, within 10 minutes, we got a new paper that was much better,” he added.

Trump said Washington would deal with Iran by phone rather than send negotiators to Pakistan, and that there was no reason for US officials to travel to Pakistan to meet people “nobody ever heard of before.”

He said the United States had “won everything” and repeated that Iran would not be allowed to obtain a nuclear weapon.

Trump said the core issue remained Iran’s nuclear program.

“That whole deal is not complicated. Iran cannot have a nuclear weapon. It’s very simple,” he said.

Asked whether Iran had offered anything in return for a 20-year suspension of enriched uranium, Trump said: “They offered a lot, but not enough.”

Trump also said there was “tremendous infighting” in Iran and suggested rival factions might be competing over leadership, adding: “In many cases, I think they’re fighting not to be the leader.”

https://www.iranintl.com/en/liveblog/202604194357

'Araghchi’s return to Pakistan further confirmed'

 Iranian Foreign Minister Abbas Araghchi is likely to return to Islamabad on Sunday or Monday, CBS reported on Saturday, citing Pakistani sources.

The outlet claimed that its sources are "being tight-lipped" about any details, but have confirmed that Araghchi is likely to return very soon. The news came after Al Arabiya claimed that the minister will return to the negotiating table in Islamabad tomorrow, despite Tehran's initial refusal to continue the talks.

https://breakingthenews.net/Article/Araghchi's-return-to-Pakistan-further-confirmed/66149248

Trump: We want to beat China in crypto

 United States President Donald Trump said on Saturday that "we want to beat China" in the cryptocurrency race.

"It's a big industry. And we want to beat China at that industry," he told a reporter ahead of a Crypto Conference in Florida. "We're leading with crypto, we're leading with AI, and I really feel I have an obligation as the president, I have to make sure that all our industries do well," he added, arguing that crypto has "become mainstream."

"We're leading China by a lot in AI, and we're also leading in crypto," Trump repeated.

https://breakingthenews.net/Article/Trump:-We-want-to-beat-China-in-crypto/66149416

Federal Appeals Court Allows Texas To Enforce State Immigration Law

 by Matthew Vadum via The Epoch Times,

A divided federal appeals court on April 24 allowed Texas to enforce a state law that permits the arrest and prosecution of individuals thought to have unlawfully crossed the U.S.-Mexico border.

The U.S. Court of Appeals for the Fifth Circuit voted 10–7 to undo a 2024 injunction that had prevented enforcement of the law known as Senate Bill 4. Initially, the former Biden administration had challenged the statute, but the second Trump administration dropped the challenge in March 2025.

SB 4, which Texas Gov. Greg Abbott, a Republican, signed in December 2023, would make it a state-level crime to illegally enter or re-enter Texas from a foreign country, give state judges authority to order that violators leave the United States, and allow prison sentences ⁠of up to 20 years for those refusing to comply.

The Fifth Circuit did not address the merits of the case because it found that the groups challenging the law—Las Americas Immigrant Advocacy Center and American Gateways—lacked legal standing to do so.

Standing refers to the right of someone to sue in court. The parties must demonstrate a strong enough connection to the controversy before the court to justify their participation in a lawsuit.

The groups had argued that SB 4 was preempted—or superseded—by the federal Immigration and Nationality Act.

“This case concerns whether the State of Texas, exercising its historic, sovereign police powers, can legislatively protect its citizens from a surge of illegal aliens in response to an unprecedented border crisis and a declared invasion,” Circuit Judge Jerry E. Smith wrote for the majority.

“The [federal] district court judge and a divided panel held that it cannot. Because the Plaintiffs that are challenging the new statute lack standing, we vacate the [district court’s] preliminary injunction without addressing the merits of the preemption claim.”

The majority said SB 4 was enacted to respond to “widespread, illegal, disruptive immigration into the State,” including “more than 6 million illegal aliens, from over 100 countries,” including 100,000 unaccompanied minors, about 2,000 gang members, and 336 persons on the terrorist watchlist, who streamed across Texas’s international border from 2021 to 2023.

Circuit Judge Priscilla Richman filed a dissenting opinion, disagreeing with the majority’s decision to deny standing.

Las Americas Immigrant Advocacy Center, at least, would have standing to seek an injunction because if the preempted state law were to take effect, it would have to use its resources to represent clients in the state immigration system, she said.

Richman said she would have addressed the merits and upheld the district court’s injunction against the law.

“Federal laws on the books permit Texas to assist the federal government in apprehending illegal immigrants if the federal government so requests. But Texas cannot enact its own immigration regime,” she said.

A three-judge panel of the Fifth Circuit upheld the district court’s February 2024 injunction in July 2025, holding that SB 4 would have interfered with the federal government’s efforts to enforce the nation’s immigration laws.

Along the way, in March 2024, the U.S. Supreme Court briefly permitted the statute to take effect. Not long after, the Fifth Circuit panel temporarily blocked the law pending further review.

Later, the full Fifth Circuit agreed with Texas Attorney General Ken Paxton’s request to reconsider the case.

Paxton hailed the new ruling.

“My office has secured yet another major win for Texas by defending SB 4 before the Fifth Circuit,” Paxton said in a statement.

“Texas’s right to arrest illegals, protect our citizens, and enforce immigration law is fundamental. This is a major victory for public safety and law and order,” he said.

The Epoch Times reached out for comment to Las Americas Immigrant Advocacy Center and American Gateways. No replies were received by publication time.

https://www.zerohedge.com/political/federal-appeals-court-allows-texas-enforce-state-immigration-law

Medtronic's Sphere-9 catheter for ventricular tachycardia wins FDA Breakthrough Device

 

Medtronic's Sphere-9 catheter for ventricular tachycardia wins FDA Breakthrough Device status and pivotal U.S. trial approval

  • Interim six‑month study results for the Sphere-9 catheter showed positive outcomes in treating ventricular tachycardia.
  • Medtronic also reported new milestones in its Affera program related to the Sphere-9 ventricular tachycardia treatment platform.

Pulse Biosciences positive 6- and 12-month first-in-human data for nPulse Cardiac Catheter in afib

 

Pulse Biosciences reports positive 6- and 12-month first-in-human data for nPulse Cardiac Catheter in atrial fibrillation

  • Updated feasibility results presented as late-breaking clinical session at Heart Rhythm 2026.
  • Data demonstrate high durable procedural success with low serious adverse event rate in atrial fibrillation patients.