‘US will fail to bring Iran to its knees but…’: Rouhani on sanctions
Iran president Hassan Rouhani presented an annual state budget of 4,700 trillion rials ($47 bln at the free market rate) to parliament on Tuesday, saying U.S. sanctions would affect Iranians’ lives and growth but not bring the government to its knees.
“America’s goal is to bring Iran’s Islamic system to its knees... and it will fail in this, but sanctions will no doubt affect people’s lives, and the country’s development and economic growth,” Rouhani told parliament in a speech carried live on state television.
He gave the value of the draft budget at about 4,700 trillion rials for the next Iranian year which starts on March 21, 2019.
A long-delayed conference on how to restore the faltering health of global oceans kicked off in Lisbon on Monday, with the head of the UN saying the world's seas are in crisis. "Today we face what I would call an ocean emergency," UN Secretary General Antonio Guterres told thousands of policymakers, experts and advocates at the opening plenary, describing how seas have been hammered by climate change and pollution. Humanity depends on healthy oceans.
A tornado ripped through a southwestern Dutch city on Monday, killing at least one person and injuring seven others in the first fatal twister to hit the country for three decades. The whirlwind left a trail of destruction through the seaside city of Zierikzee, blowing the roofs off homes and toppling trees onto cars, an AFP journalist at the scene said.
The Group of Seven nations on Monday vowed to stand with Ukraine “for as long as it takes”, promising to tighten the squeeze on Russia's finances with new sanctions that include a proposal to cap the price of Russian oil. The G7 countries said they had also pledged or were ready to grant up to $29.5 billion for Ukraine. “It's useless to hope for decency and humanity from Russia,” Ukraine's President Volodymyr Zelensky wrote on Telegram.
India Prime Minister Narendra Modi held his first in-person bilateral meeting with his Canadian counterpart Justin Trudeau in over four years in Germany on Monday. A tweet from India's prime minister's office noted the two leaders “took stock of India-Canada friendship and discussed ways to further strengthen it across various sectors”. This was the first time they held such discussions sitting across from each other since Trudeau visited India in February 2018.
In a move that may have an impact on the terms of the growing Russia-India energy partnership - India has enhanced import of Russian energy since the war in Ukraine began as energy prices spiral - the G7 countries are considering imposing “price caps” on Russia's oil to dilute revenue inflows to Moscow. The West has alleged that these inflows are helping Russian President Vladimir Putin finance the war in Ukraine.