Subscribe free to our newsletters via your
. Military Space News .




NUKEWARS
'This is war': Iran feels impact of sanctions
by Staff Writers
Tehran (AFP) Aug 4, 2012


Iran is being hit by a "war" on its economy, according to officials facing tightened US sanctions and renewed Israeli threats of imminent military action over Tehran's nuclear activities.

"This is war," Ayatollah Ahmad Janati, the hardline chief of Iran's influential Guardians Council, said as he led Friday prayers in Tehran.

Iran needs to mobilise "the nation, government, officials and armed forces" to tackle its "special and serious economic problems" which went beyond the global economic malaise, he said.

"We should prepare and break this wave (of economic pressure). We should not surrender," he said.

Janati said officials under the supervision of Iran's supreme leader Ayatollah Ali Khamenei were tackling the crisis, and he urged national media to avoid "pessimistic" stories and instead focus on news that "make people happy, hopeful and boost their morale."

The United States ramped up sanctions this week with a congressional measure to punish companies doing business with Iran's energy and oil shipping sector, and an order by President Barack Obama targeting Iran's oil exports and one Chinese and one Iraqi bank alleged to be fronting Iranian banking transactions.

Existing Western sanctions, especially an EU embargo, are already taking their toll, nearly halving Iran crude sales, according to an International Energy Agency estimate.

China, the biggest buyer of oil still exported, has lashed out at the new US sanctions.

But Obama's spokesman said on Wednesday that while the sanctions are having "a significant effect," Iran had "yet to make the choice it needs to make, which is to abandon its nuclear weapons ambitions."

The United States alleges Iran is seeking to develop a nuclear weapon "break-out" capacity.

Tehran denies the charge, saying its atomic programme is exclusively peaceful.

Israeli Prime Minister Benjamin Netanyahu has renewed a threat to attack Iran's nuclear facilities.

Netanyahu told visiting US Defence Secretary Leon Panetta on Wednesday: "However forceful our statements, they have not convinced Iran that we are serious about stopping them."

He noted that sanctions, and deadlocked negotiations between Iran and world powers, have not had "any impact on Iran's nuclear weapons program."

Khamenei last week underlined that, under the Western pressure, "not only will we not revise our calculations, but we will continue on our path with greater confidence."

President Mahmoud Ahmadinejad confirmed that when he said Iran had 11,000 uranium enrichment centrifuges operating -- hundreds more than reported in a May 25 report by the UN's International Atomic Energy Agency.

Sanctions pain

But signs of the impact of sanctions are piling up.

Iran's currency, the rial, is trading at over 20,000 to the dollar -- around half of what it was worth a year ago.

Abbas Memarnejad, the head of Iran's Customs Organisation, was quoted on the website of state broadcaster IRINN as saying that imports have fallen seven percent in the past four months to 17.3 billion dollars, while non-oil exports had plummeted 16 percent to 12 billion dollars.

Iranian media have shown images of long lines of people waiting to buy subsidised chicken, after prices for the fowl have nearly tripled in the past year because of accelerating inflation.

A closed-door meeting of top Iranian government officials and lawmakers last week agreed to budget cuts as part of a strategy to mitigate the sanctions' effects, according to Economy Minister Shamseddin Hosseini, speaking to the official news agency IRNA.

Iran's central bank chief Mahmoud Bahmani -- who also described the sanctions as "no less than military war" -- said on Tuesday that a special sanctions-management cell had been set up in the bank that met daily.

"In times of sanctions, we need to carry out asymmetrical economic warfare, which we have begun," he said, according to IRNA.

Leaders have said that Iran should start weaning itself off its dependence on oil exports.

Ahmadinejad said on Tuesday that "we should move towards stopping crude exports," echoing Khamenei, who called Iran's reliance on selling crude a "trap" inherited from before the country's 1979 Islamic revolution.

Khamenei has ordered Iran to establish a "resistance economy" marked by greater self-reliance and oriented towards building knowledge and skills.

.


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








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
U.S. Patriot deal to boost Kuwait defenses

US plans $4.2 bn Patriot missile sale to Kuwait

Lockheed Martin Receives Contract For PAC-3 MSE Production

US building missile defense station in Qatar: report

NUKEWARS
Raytheon awarded contract to produce new Rolling Airframe Missile

Raytheon Evolved SeaSparrow program delivers 2,000th missile

New Raytheon warhead lethal to enemy rockets

Raytheon awarded contract for advanced Standard Missile-3

NUKEWARS
US Marines to Keep K-Max in Theater for Second Deployment Extension

First East Coast Flight of X-47B Autonomous Unmanned Aircraft

Britain and France sign two deals on drone cooperation

US drone strike kills 10 militants in Pakistan

NUKEWARS
Northrop Grumman Demonstrates Integrated Receiver Circuit Under DARPA Program

Boeing Receives 10th WGS Satellite Order from USAF

Lockheed Martin-built Military Communications Satellite Marks 20 Years in Service

NATO SOF picks U.S. communications system

NUKEWARS
New chemical sensor makes finding landmines and buried IEDs easier

Lockheed Martin's Gyrolink Selected for US Army's Remote - Vehicle Optics Sensor System Program

Northrop Grumman Next Gen Jammer Program Demonstrates Integrated Prime Power Generation System

Boeing F-15E Radar Modernization Program Begins Second Low Rate Initial Production Phase

NUKEWARS
Japan defence chief to meet US equal over Osprey

French defence spending spared cuts

BAE Systems posts flat first-half profits

Profit plunge at Italian aerospace giant Finmeccanica

NUKEWARS
US criticizes new China garrison in tense sea

Pussy Riot trial tests rebranded Putin

Commentary: Romney's war cry

Outside View: Defeating dangerous myths

NUKEWARS
Cutting the graphene cake

A giant step in a miniature world

A new era in modern analytical chemistry with Nano-FTIR

Entropy can lead to order, paving the route to nanostructures




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