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7 August, 2018 00:00 00 AM
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Iran says Trump ‘isolated’

AFP

TEHRAN: Iran said the United States was “isolated” in its hostility to the Islamic republic yesterday, as it braced for the return of sanctions against a backdrop of political turmoil inside the country, reports AFP.

“Of course, American bullying and political pressures may cause some disruption, but the fact is that in the current world, America is isolated,” Foreign Minister Mohammad Javad Zarif told reporters, according to the semi-official ISNA news agency.

Washington is set to reimpose sanctions on Iran on Tuesday following President Donald Trump’s decision to abandon the 2015 nuclear deal in May—a move opposed by all other parties to the agreement.

“We deeply regret the re-imposition of sanctions by the US,” said EU diplomatic chief Federica Mogherini in a statement jointly signed with the foreign ministers of Britain, France and Germany.

“We are determined to protect European economic operators engaged in legitimate business with Iran,” the statement added.

But the renewed hostility has already sparked a run on Iran’s currency, which has lost around half its value since Trump’s announcement.

And it has added to tensions inside Iran, which has seen days of protests and strikes in multiple towns and cities over water shortages, high prices and wider anger at the political system.

Severe reporting restrictions have made it impossible to verify the swirl of claims coming through social media, but journalists did confirm a heavy build-up of riot police on Sunday night in the town of Karaj, just west of Tehran, that has been a focal point of unrest, and said mobile internet had been cut in the area. Rouhani is due to give a televised address to the nation at 21:40 pm (1710 GMT) on Monday to outline plans for tackling the currency decline and impact of sanctions.

His government eased foreign exchange rules on Sunday, allowing unlimited tax-free currency and gold imports, and reopening exchange bureaus after a disastrous attempt to fix the value of the rial in April led to widespread black-market corruption.

With senior religious authorities calling for a crackdown on graft, the judiciary said Sunday it had arrested the vice-governor of the central bank in charge of foreign exchange, Ahmad Araghchi, along with a government clerk and four currency brokers.

 

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Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
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Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

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