Ahmadinejad blames US for financial crisis at UN forum
By JERUSALEM POST STAFFPublished: NOVEMBER 29, 2008 15:24Advertisement
Iran's president said Saturday that the global financial meltdown has put an end to the "merciless and unjust" capitalist system.
Mahmoud Ahmadinejad also suggested that the crisis could be a "ploy" by the United States to "weaken its rivals and attract wealth" into its own battered economy.
The hardline leader was speaking at a UN development conference in Qatar aimed at gaining commitments from rich nations to pump billions of dollars into developing countries.
Ahmadinejad also cautioned developing countries against falling into a trap set by the "capitalist bloc," which he says is seeking solutions to the turmoil at the expense of the poor.
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