DUBAI (Reuters) – Iranian Supreme Leader Ayatollah Ali Khamenei on Saturday called for \u201cswift and just\u201d legal action from new courts after the head of the judiciary said on state television, the country faced an \u201ceconomic war\u201d.<\/p>\n
The rial has lost about 50% of its value since April, under the threat of reinitiated U.S. sanctions, with heavy demand for dollars among ordinary Iranians trying to protect their savings.<\/p>\n
The cost of living has also soared, sparking sporadic protests against both profiteering and corruption, with many protesters chanting anti-government slogans.<\/p>\n
The central bank and the judiciary have blamed \u201cenemies\u201d for the fall of the currency and a rapid rise in the price of gold coins, and the judiciary has said more than 40 people including a former central bank deputy have been arrested on charges carrying the death penalty.<\/p>\n
The judiciary has suggested that arch-foes the United States and Israel as well as regional rival Saudi Arabia and government opponents living in exile are fomenting the unrest.<\/p>\n
\u201cThe current special economic conditions are considered an economic war,\u201d judiciary chief Ayatollah Sadeq Amoli Larijani said in a letter to Khamenei, calling for the setting up of special courts to deal quickly with financial crimes, the television report said.<\/p>\n
Washington this week reimposed sanctions on Iran\u2019s purchase of U.S. dollars, its trade in gold and precious metals and its dealings with metals, coal and industrial-related software.<\/p>\n
The United States has told other countries they must halt imports of Iranian oil from early November or face U.S. financial measures.<\/p><\/blockquote>\n
In response, Iran test-fired a ballistic a missile just days before Trump\u2019s administration slapped new sanctions on the Islamic Republic. The test of an Iranian Fateh-110 short-range ballistic missile coincided with a large-scale naval exercise by Iran\u2019s Revolutionary Guard forces late last week in the Strait of Hormuz, to rehearse \u201cswarm\u201d tactics. 30% of the world\u2019s oil passes through this waterway each year. A Pentagon spokesperson declined to comment on the Iranian ballistic missile launch. <\/p>\n","protected":false},"excerpt":{"rendered":"
Reuters Link DUBAI (Reuters) – Iranian Supreme Leader Ayatollah Ali Khamenei on Saturday called for \u201cswift … Iran Supreme Leader calls for action to face ‘economic war’<\/span>Read more<\/a><\/p>\n","protected":false},"author":657,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-81128","post","type-post","status-publish","format-standard","hentry","category-terror-war"],"_links":{"self":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/posts\/81128","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/users\/657"}],"replies":[{"embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=81128"}],"version-history":[{"count":0,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/posts\/81128\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=81128"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=81128"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=81128"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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