Iran's Khamenei says mismanagement hurts economy more than U.S. sanctions

Ann Santiago
August 14, 2018

Still, Khamenei doesn't see an Iranian-US war coming down the pike anytime soon. Khamenei also took the opportunity during his Monday diatribe to take a jab at Iranian President Hassan Rouhani and the country's faltering economy. "Beside sanctions, they are talking about war and negotiations", he said via his official Twitter account in English.

"Our will to enhance our defence power in all fields will increase if the pressure mounts on Iran", Defence Minister Brigadier General Amir Hatami said after unveiling the "fully home-made precision-guided" missile.

State broadcaster IRIB said the new Fateh Mobin missile had "successfully passed its tests" and could strike targets on land and sea.

"With better management and more efficient planning we can resist the sanctions and overcome them".

The Associated Press, meanwhile, reported that Khamenei said that negotiation "with the bullying and very eager government of the USA means giving it an instrument through which it can add to its hostility". There have been popular protests against economic mismanagement and attacks by conservatives on the reformist government of President Rouhani.

The United States has told other countries they must halt imports of Iranian oil from early November or face USA financial measures.

"The government should stay and do its duties steadfastly to resolve problems", the Leader stressed.

Khamenei approved a written request from the head of the judiciary, Sadegh Larijani, to set up special revolutionary courts to try people quickly for economic crimes.

"Our objective is to punish corrupt economic agents quickly and fairly", Ayatollah Ali Khamenei said on his official website in response to a letter...

Trump has threatened another round of sanctions on November 5 against Iran's energy-related transactions and business that foreign financial institutions conduct with the Central Bank of Iran.

State news agency IRNA reported on Monday that Iran is offering oil and gas at a discount to Asian customers in a bid to retain sales.

Mr Rouhani was previously a champion of the 2015 nuclear deal, which was aimed at ending Iran's political and economic isolation.

Khamenei's tweets followed a speech in Tehran, in which he described Trump's offer of talks as "a unsafe game" and his administration as a "bullying, fraudulent regime".

The US and the European Union are embroiled in a spat after Trump imposed tariffs on aluminum and steel imports and Brussels responded with retaliatory tariffs on some US goods.

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