**Iran’s President to Visit Moscow in January**
Iranian President Masoud Pezeshkian is set to visit Russia on January 17, according to the Russian news agency RIA Novosti. The trip was announced by Kazem Jalali, Iran’s Ambassador to Russia.
The two countries have been strengthening their ties since Russia’s invasion of Ukraine in 2022. Iran has supplied Russia with thousands of drones and missiles used against Ukraine.
During his visit, Pezeshkian will meet with Russian President Vladimir Putin to sign an agreement on cooperation between Tehran and Moscow. This new agreement will replace a 20-year strategic one signed in 2001.
**Regional Developments**
North Korea‘s troops in Russia are suffering significant losses, according to Ukraine’s military intelligence.
The Ukrainian Air Force struck a plant that produces solid propellant for ballistic missiles, while Russian forces hit the central market in Nikopol, injuring eight people.
Inflation in Russia has reached its highest levels in nearly a year due to war spending and rising food prices.