News -Ahmedineejad - No problem even if oil hits zero - English

Views: 7930
(1 ratings)
Embed this video
Copy the code below and embed on your website, facebook, Friendster, eBay, Blogger, MySpace, etc.


No   problem   even   if   oil   hits   zero   barrel   price   dollar   euro  

President Mahmoud Ahmadinejad says even if the price of oil hits zero, Iran has enough foreign exchange reserves to last for 'three years'. “As far as the foreign exchange reserve is concerned, we are in good shape, and even if the price of oil hits zero, we can manage the country for about three years,” the Fars News Agency quoted Ahmadinejad as saying. “The foresight of the country's managers prevented Iran from being swallowed by the global economy, and this helped us because it decreased our susceptibility to the world financial crisis,” he said in a live TV address in Tehran on Tuesday. Ahmadinejad noted that the sanctions imposed on Iran and the Islamic Revolution's prioritization of self-sufficiency helped Iran become strong enough to withstand the “waves of the world economic crisis.” “We thank those countries that imposed sanctions on us because these sanctions helped Iran stand on its own two feet,” the Iranian president said

Added by news4you on 03-12-2008
Runtime: 1m 6s
Send news4you a Message!

(122) | (0) | (0) Comments: 0