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Subject Just in. Iran says will not retreat on nuclear issue despite economic woes

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[quote:dikkie:MV8yMDA2MDM3XzMzNzA1Mjg4X0I2MTlCMEZB]
[quote:trance_dude:MV8yMDA2MDM3XzMzNzA1MDIxXzM2QUUzNEJB]
Sanctions are certainly affecting Iran's economy, however, please keep in mind two facts:

1- The sanctions are affecting the people... not the government, not Ahmadi Najad... and the main problem is that he doesn't give a shit if all the people die from starvation... so how can you punish him by starving his people?

2- Iran's Economy is not doing as bad as someone would expect, as China, Russia, Pakistan, Argentina, Syria... and few other countries maintain a good relation with Iran despite the sanctions..

3- Iran has oil and gas...

so it is maintaining a positive budget surplus, current account balance and as a result its DEBT per GDP ratio is decreasing

Debt - external
$17.9 billion (31 December 2011 est.)
$22.1 billion (31 December 2010 est.)

Current account balance
$42 billion (2011 est.)
$25.46 billion (2010 est.)

Budget surplus (+) or deficit (-)
8% of GDP (2011 est.)

source
http://lebanese-economy-forum.com/world-facts/show/ir-debt/
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thanks for info.

:hf:
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Original Message Iran will not back down on its nuclear program despite economic problems caused by Western sanctions, President Mahmoud Ahmadinejad said on Tuesday.

“We are not people to retreat on the nuclear issue,” he told a news conference in Tehran.

“If somebody thinks they can pressure Iran, they are certainly wrong and they must correct their behavior,” he said.

Ahmadinejad’s comments came amid an accelerated slide in Iran’s currency that he said was the result of an economic “war” waged by the West on the Islamic republic.

[link to english.alarabiya.net]

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