Tuesday, August 14, 2012

How Iran Is Fighting Sanctions

Iran Looks To 'Resistive Economy' To Fight Sanctions -- Radio Free Europe

Iran's economy is under attack, and to counter the financial "warfare" being waged against it from abroad Tehran is developing a new weapon.

The "resistive economy" is intended to wean the country of its heavy dependence on oil revenue through fiscal belt tightening, increased industrial output, and the strengthening of science to boost technological innovation.

The initiative comes in response to international sanctions imposed over Iran's nuclear program that have hampered Iran's ability to conduct international trade and targeted its economic lifeline -- oil exports.

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My Comment:
Here is a good article on how Iran is defeating sanctions.

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