Iran's president vows to break US sanctions and fight 'economic war'

Frederick Owens
November 5, 2018

This year, people have taken part in the rallies ever more enthusiastically to condemn Washington's anti-Iran policies as the U.S. government has made a decision to re-impose what it calls crippling sanctions on Tehran on November 5.

Over the weekend, Prime Minister Benjamin Netanyahu thanked Trump for taking "historic action" against the "murderous terror regime that endangers the entire world".

Indian Oil Minister Dharmendra Pradhan said his country and other leading oil importers would benefit from the United States waivers.

In other words, China and the U.S. are already bleeding each other economically.

Iran's economy was already suffering from major structural problems - including major banking issues - before Trump walked out of the nucleaIran, Tehran, Iran President, hassan Rouhani, US Sanctions on Iran, White House, Donald Trump, r deal.

"I announce that we will proudly bypass your illegal, unjust sanctions because it's against global regulations", Rouhani said in a televised speech.

One user tweeted in English: "Over the past 40 years, the Islamic regime of Iran tried to present the USA and Israel as Iran's enemies". The economic chaos sparked mass anti-government protests at the end of past year which resulted in almost 5,000 reported arrests and at least 25 people being killed. "The tougher they are on us, the more resistant we become".

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Iran's military was also quoted as saying it would hold air drills on Monday and Tuesday to prove the country's defensive capabilities.

"With God´s help and the resistance and perseverance of the pious and revolutionary people of Islamic Iran, this last weapon of the enemy - the economic war - which is accompanied by America´s widespread media operation against the nation of Iran, will be defeated", Jafari said.

Later a senior State Department official told reporters that the U.S. was ready for talks with Iran. "We very much want to begin work on a new and better deal to replace the insufficient Iran nuclear deal that the president left in May, and our campaign of maximum economic pressure is a critical tactic to achieve that goal", Special Representative for Iran Brian Hook said. "We have to stand to win".

Speaking at a daily news briefing in Beijing, Chinese foreign ministry spokeswoman Hua Chunying said China's lawful trade cooperation with Iran should be respected, and expressed regret at the re-imposition of sanctions.

In another interview to CBS News, Pompeo said the European companies will not be permitted to do business with both the United States and with Iran.

The US says the sanctions are not aimed at toppling the government, but at persuading it to radically change its policies, including its support for regional militant groups and its development of long-range ballistic missiles.

While the concession will definitely blunt the impact of USA nuclear sanctions on Iran, Pompeo justified it by saying the list of waivers is far smaller than the 20 countries that were exempted from American sanctions under the previous Barack Obama regime.

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