Free Newsletters - Space News - Defense Alert - Environment Report - Energy Monitor
. Military Space News .




NUKEWARS
Iran says will not retreat on nuclear issue despite woes
by Staff Writers
Tehran (AFP) Oct 3, 2012


Iran will press on with its nuclear programme despite the problems caused by Western sanctions, including a dramatic slide in the value of its currency, President Mahmoud Ahmadinejad said on Tuesday.

"We are not a people to retreat on the nuclear issue," he told a news conference in Tehran.

"If somebody thinks they can pressure Iran, they are certainly wrong and they must correct their behaviour," he said.

Ahmadinejad's comments came amid an accelerated slide in Iran's currency, which has now lost more than 80 percent of its value compared with a year ago -- with 17 percent of its value shed on Monday alone.

The rial slipped another four percent on Tuesday to close at 36,100 to the dollar, according to exchange tracking websites.

Ahmadinejad said the plunge was part of an economic "war" waged by the West on the Islamic republic and "a psychological war on the exchange market."

Iran, he said, had sufficient foreign currency reserves.

Those reserves were estimated at around $100 billion at the end of last year, thanks to surging oil exports.

The White House said Tuesday that Iranians blamed their leaders for the rising deprivation caused by US and international sanctions over Tehran's nuclear program.

White House spokesman Jay Carney said the fast-deteriorating economic situation in Iran, which has also sparked price hikes in basic foods, was a sign the government in Tehran was under "enormous pressure".

"The Iranian people are aware of who is responsible for the circumstances that have befallen the Iranian economy as a result of the regime's intransigence in its refusal to abide by its obligations."

The US Treasury estimates Iran's foreign earnings have been cut by $5 billion a month under the Western economic measures.

In his media conference, Ahmadinejad backtracked on hints he had made during a visit to New York at the UN General Assembly that Iran could consider direct negotiations with the United States on the nuclear issue.

"Direct negotiation is possible, but needs conditions, and I do not think the conditions are there for talks. Dialogue should be based on fairness and mutual respect," he said.

But he also said: "I think that this situation cannot last in the relations between Iran and the United States."

Hardliners in Iran criticised Ahmadinejad on his return for opening the door to the possibility of talks with the United States. That also fuelled criticism that his government has mismanaged the economy.

The chairman of Tehran's chamber of commerce, Yahya Ale-Eshagh, was quoted as saying by the Mehr news agency that "part of this (currency) tumult is due to sanctions."

But he also said "the person who is not able to manage in a time of crisis should not continue working in his post."

Mohammad Bayatian, a member of parliament on an industry and mines commission, said, according to the parliamentary website icana.ir, that "a petition has been prepared to question the president."

He said the petition was "due to the government not paying attention to the parliament's remarks over its management of the forex market."

The parliament's presiding board was to decide whether to admit the petition. If it goes ahead, it would only be to hear Ahmadinejad speak on the issue, and it would not involve a confidence vote or other serious procedure.

Mehdi Mohammadi, a figure close to Iran's Supreme National Security Council, wrote in a piece for the Vatan Emrouz newspaper on Tuesday: "Is the currency situation in the market due to sanctions? No... The problem is not a lack of (foreign) currency."

He blamed the government, and unidentified "mafias" he said were profiting from the currency volatility.

Mohammadi also said holding talks with the United States was not an option.

"Past experience shows that speaking of negotiations in these conditions only sends a signal of weakness. The enemy only makes concessions and takes you seriously when you're strong," he wrote.

On the prospect of a military conflict breaking out over the nuclear issue, Ahmadinejad reaffirmed that he was "not very concerned" about persistent threats from Israel.

"Iran is not a country to be shaken by, let's say, a few firecrackers," he said.

.


Related Links
Learn about nuclear weapons doctrine and defense at SpaceWar.com
Learn about missile defense at SpaceWar.com
All about missiles at SpaceWar.com
Learn about the Superpowers of the 21st Century at SpaceWar.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News





NUKEWARS
Iran judge condemns American to death for spying
Tehran (AFP) Jan 9, 2012
An Iranian judge sentenced a US-Iranian man to death for spying for the CIA, media reported Monday, exacerbating high tensions in the face of Western sanctions on the Islamic republic's nuclear programme. Amir Mirzai Hekmati, a 28-year-old former Marine born in the United States to an Iranian family, was "sentenced to death for cooperating with a hostile nation, membership of the CIA and try ... read more


NUKEWARS
US pushing Gulf nations to develop missile defense

Israel postpones vital Arrow-3 flight test

N. Korea blasts US plan for new radar base in Japan

US to station second X-band missile radar in Japan

NUKEWARS
Lockheed Martin's DAGR Missile Demonstrates Ground Launch Capability In Guided Flight Tests

US Army, Navy Demonstrate JLENS' Ability to Defeat Anti-ship Cruise Missile

S. Korea near deal on longer missile range: report

India follows Pakistan with missile test

NUKEWARS
AUVSI Welcomes Formation of Senate Unmanned Aerial Systems Caucus

The next wave in US robotic war: drones on their own

Europe tipped to spend $14B on drones

AUVSI Praises State-Based Effort To Move Unmanned Aircraft Technology Forward

NUKEWARS
Raytheon to provide Joint Tactical Terminal radios with latest security features to US Navy

Northrop Grumman Awarded Contract to Extend BACN Communications Connectivity to the Tactical Edge

Hughes Awarded Custom SATCOM Solutions Contract by GSA

4 SOPS begins testing newest AEHF satellite

NUKEWARS
Lockheed Martin Completes Centralization Of Targets and Countermeasures Operations in Huntsville

US hails war vehicle that saved lives, bypassed bureaucracy

Raytheon MALD-J Decoy Goes 4 for 4 in Operational Flight Tests

Raytheon and PACAF expand the reach of realistic training environments

NUKEWARS
German interest in EADS/BAE deal remains unclear

Israel's now one of top arms exporters

Retrial of Canadian-German arms dealer delayed

Australia's defense policies criticized

NUKEWARS
Japan PM adds China balm in cabinet reshuffle

Chinese govt ships enter disputed waters: Japan

China to punish Bo, sets November 8 congress date

Philippines sends more troops to guard disputed islands

NUKEWARS
A Tecnalia study reveals the loss of nanomaterials in surface treatments caused by water

Precision Motion Tracking - Thousands of Cells at a Time

Nanoengineers can print 3D microstructures in mere seconds

Improved nanoparticles deliver drugs into brain




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement