BREAKING NEWS

Khameini: Iran will overcome 'enemy' sanctions

By JPOST.COM STAFF

MARCH 20, 2012 13:27

Iran's ruler Ayatollah Ali Khameini said Tuesday that Iran would increase economic production sufficiently to resist the pressure from its "enemies," the Mehr news agency reported.

Speaking on the first day of the Iranian new year, the Iranian leader said that Iran had successfully confronted all economic challenges presented to it by international sanctions over the last year and would continue to do so.

Much of the international community suspects that Iran is clandestinely pursuing nuclear weapons. In an effort to convince it to abandon that goal, the West has imposed increasingly harsh sanctions against Tehran.

Earlier this week, Iran faced its latest round of sanctions as SWIFT, the world's largest electronic payment system, decided to to halt Iran's ability to make international transfers. The decision cut off 30 Iranian banks blacklisted by EU supported economic sanctions.

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