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Iranian President Mahmoud Ahmadinejad said that Feb. 11 would mark the demise of “the liberal capitalist system,” adding that its champion, America, was on the decline and that Iran and its Islamic Revolution were on the rise.
According to a Jan. 28 translation from BBC Monitoring Middle East, Ahmadinejad spoke on official Iranian television, saying that this year’s “Ten Days of Dawn” celebration, marking the anniversary of the country’s Islamic Revolution, would see the “demise” of the American system.
“I believe that 22 Bahman [ February 11 in the Persian calendar] this year marks the demise of the liberal capitalist system.” Ahmadinejad said.
The controversial Iranian president explained that, 30 years ago, Iran was merely trying to consolidate its newly minted revolution. Today, however, the country was quickly moving to overtake what he claimed was a declining United States.
“Maybe in 1359-60 [1980-81] our presence was only an announcement of our existence and strength,” he said. “It was to consolidate the revolution. Where have we got now? We have got to a point that the hegemony of arrogance [reference to the United States] has been undermined. Nations do not trust it anymore. Its principles are under question. Its efficiency is close to zero. Its power curve is dropping quickly.”
Originally posted by Jack Squat
*Waits patiently for announcement*
I hope this doesn't disappoint. The "Demise of the Western Capitalist system" sounds great to me.
Originally posted by ROBL240
The One World Currency perhaps? to be implimented by Iran in a Asian Union.
Iranian President Mahmoud Ahmadinejad has ordered the shift of Iran's foreign currency reserves from the U.S. dollar to the euro.
Arabian Business reports that the Iranian government and its President ordered the removal of the US dollar to be replaced by the Euro, which was introduced in 1999, in order to protect themselves from the crumbling United States economy and devaluing dollar.
OPEC considers using euro in oil transactions
Iran's representative to OPEC says the group weighs replacing the dollar by the euro in crude oil pricing, adding that no decision has been made.
Members of OPEC are free (to use any currency) in their oil transactions," said Mohammad Ali Khatibi on Sunday.
Iran has recently asked Japan to replace the US dollar with the yen in oil deals it has with the Islamic Republic.
The constantly declining value of the dollar and persisting economic crisis in the US has encouraged many countries to drop the currency in favor of a more stable one.
Saudi Arabia, South Korea, China, Venezuela, Sudan and Russia have taken steps to replace the US dollar in their foreign exchange reserves.
Ahmadinejad unveils electric Samand
Iranian President Mahmoud Ahmadinejad has unveiled the electric version of Iran's national car Samand which is produced by the Middle East's leading automaker, IKCO.
With the maximum velocity of 140 kilometers per hour, the electric Samand can travel 200-km before it needs recharging, Fars news agency reported on Wednesday.
Through producing the electric Samand, Iran has joined top producers of electric cars in the world.
The car was unveiled in the Presidential Office.
'Iran develops system to distract missiles'
Wed, 10 Feb 2010 21:27:10 GMT
A senior Iranian commander has announced that the country has developed a new system to distract missiles. Deputy Commander of Iran's Air Force Gen. Seyyed Mohammad Alavi said that the system prevents missiles from hitting their targets. He stated that Iran's Air Force has made great achievements in the production of smart ammunition and long-range weapons. Alavi noted that Iran will mass-produce the new weapons and ammunition to boost its deterrence. Earlier in February, the Air Force announced that it has successfully tested the prototype of its first domestically-built stealth drone. "The drone, due to its physical attributes and the material used in its body, cannot be detected by any radar," Air Force Brigadier General Aziz Nasirzadeh said
WASHINGTON (KMOX Radio) -- A warning earlier this week from Iran's supreme ruler that his country will deliver a "punch" February 11th that will "stun" the West is being taken seriously at the highest levels of the U-S government, according to Missouri's two Senators.
Democratic Missouri Senator Claire McCaskill described the concern about Iran today in Washington as a matter of "almost hyper focus."
"I know the military is monitoring it carefully. I know the intelligence community is monitoring it carefully. I can't share many of the details of that. But I will say that I think our government is very, very, very concerned."