"I believe that these wargames of Iran have a clear message for Israel and the US, while helping the country test and evaluate its power in the region as well," he added.
He further reiterated that Israel has always been fearful of Iran's leader and military power, and added, "Iran's wargames show its power and capability of exercising its sovereignty and control over strategic points of the world like the Strait of Hormoz."...
Iran's economy is failing and they are hopping mad. Certainly nuclear capacity can't be that important. There will be no invasion into Iran as there was Iraq. When change comes to Iran it will come from within
...The prospect of sanctions targeting (click title to entry - thank you) the oil sector in a serious way for the first time has hit Iran's rial currency, which has fallen by 40 percent against the dollar in the past month.
Queues formed at banks and some currency exchange offices shut their doors as Iranians scrambled to buy dollars to protect their savings from the currency's fall....
Iran Waiting for EU to Set Meeting, EU: Ball in Tehran’s Court (click here)
Iran Waiting for EU to Set Meeting, EU: Ball in Tehran’s Court (click here)
Iranian Foreign Ministry spokesman said Tuesday that Iran is waiting for proposal from EU foreign policy chief, Catherine Ashton, to set a meeting for fresh talks on the nuclear issue.
After receiving letter from Ashton, Iran’s top nuclear negotiator Saeed Jalili will review her proposals, said Ramin Mehmanparast during his weekly press briefing.
“We are waiting for a date and venue of the next meeting to be declared by Ashton for negotiations between Iran and the 5+1 group,” Mehmanparast told reporters.
“We are waiting for a date and venue of the next meeting to be declared by Ashton for negotiations between Iran and the 5+1 group,” Mehmanparast told reporters.
Ashton wrote a letter dated October 21, 2011 to Iran reiterating an offer to resume negotiations. Mehmanparast said Tuesday that, "Iran has already given its response to Mrs Ashton....
Iran Dismisses Sanction Impact on Currency (click here)
TEHRAN, Iran January 3, 2012 (AP)
Iran said Tuesday that the steep depreciation in the country's currency against the U.S. dollar was not linked to U.S. new sanctions targeting its Central Bank, while officials geared up for a meeting to assess possible measures to shore up the riyal in an already ailing economy.
Since President Barack Obama on Saturday signed into law a bill that takes aim at Iran's Central Bank, the riyal hit a new record low on Monday, dropping by around 13 percent against the dollar in just two days and reaching 18,000 riyals to the dollar. The official rate, which few but the government pay attention to, is 11,180 riyals to the dollar. The currency rebounded Tuesday to about 17,000 riyals to the dollar....
