Khamenei Rejects Trump Talks Offer, Chides Govt Over Economy

April FrancisAug 15, 2018

The Leader added as Imam Khomeini "banned talks with the US and I also ban it". America never remains loyal to its promises in talks. just gives empty words. and never retreats from its goals for talks,"Khamenei was quoted as saying by TV".

The rial has lost about half of its value since April in anticipation of the renewed U.S. sanctions. He said that if Iran ever negotiates with the United States, it will not be with the current USA administration.

German companies should be allowed to continue to invest in Iran as much as they want and the German government is looking for ways together with its European allies to ensure that financial transactions could still take place, he added.

Khamenei's comments also sought to downplay the impact of United States sanctions, seemingly an attempt to address protests over Iran's economic woes, Khamenei blamed government mismanagement of the economy for the struggles, not United States sanctions. "With better management and more efficient planning, we can resist the sanctions and overcome them", he added, in an apparent effort to deflect public anger over the economy towards Mr Rouhani.

A significant cut in oil sales is also expected when the USA reimposes a second phase of sanctions in November - with some analysts estimating a drop of 700,000 barrels per day from its current level of 2.3 million.

Iranian officials have blamed "enemies" for the fall of the currency and a rapid rise in the price of gold coins, and more than 60 people, including several officials, have been arrested on charges that carry the death penalty. The corrupt people (officials) should be punished firmly,"Khamenei said told a gathering attended by thousands of Iranians, state TV reported".

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"They (the Americans) are exaggerating the possibility of a war with Iran".

The cost of living has also soared, sparking sporadic demonstrations against profiteering and corruption, with many protesters chanting anti-government slogans. "We have been in wars but the other side has always started the war".

That after Washington pulled out of a nuclear deal and then, last week, reimposed sanctions. He says Iran must change the way it operates, including its activities in Syria and Yemen.

The sanctions prevent Iran from trading in gold and precious metals.

The sanctions target Iran's trade in gold and other precious metals, its purchases of U.S. dollars and its auto industry.

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