Monday, October 1, 2012

Drop in Rial Result of International Sanctions – U.S.

The U.S. State Department said on Monday that the precipitous drop in Iran's currency, the rial, reflects “relentless international pressure” on the country over its nuclear program.
State Department spokeswoman Victoria Nuland told reporters in Washington that the sanctions are cutting “deeper and deeper” into the Iranian economy, and Tehran needs to change its calculus on its nuclear program. (Reuters, 1 October)

1 comment:

Anonymous said...

And I have noticed that; on this blog(s), almost everybody blames current economical situation in Iran on "Theocracy" and the government's mismanagement policies.

There are even so smart people that they blame the government for chicken prices.

And SUDDENLY here, there is an info from the Us government that it is their sanctions...which do that???