Behind the Headlines/May 8, 2018

Jamshid Chalangi:

In this edition of Behind the Headlines, only hours before the announcement of President Trump’s decision on whether US will remain in the Iran nuclear deal, we will ask our guest Dr. Reza Taghizadeh what he thinks about the future of this deal, as well as updating our audience on the latest news of Iran’s currency market.

In the second part of the program we will discuss the outcome of Lebanese elections with Hassan Hashemian.

Iranian officials including Valiullah Seif, the Governor of Iran’s Central Bank, claim that if the US leaves the nuclear deal, it will have no effect on Iran’s economy.

However, one of the main reasons for the US leaving the nuclear deal would be the Iranian regime’s nefarious action in the Middle East and the decision will have little to do with US economic interests.

Dr. Reza Taghizadeh:

In contrast to Mr. Seif’s comments, we must hear the economic realities of Iran from the mouth of the Iranian people.

Of course the free fall in the value of the Iranian national currency might not have any effect on the livelihood of him and that of Mr. Rouhani, or for that matter the entire leadership of the Iranian regime.

However, the vast majority of the Iranian people who are facing uncontrolled inflation, unemployment, fall of purchasing power and free fall of their national currency are the ones who are suffering from these unbearable conditions. And sadly, they will be suffering even more in the coming days unless they rise up and put an end to the rule of those who have brought these miseries onto our people.

Iran’s oil revenue will be badly affected by a US withdrawal from the nuclear deal, as the country will lose its position as a major exporter of oil to international markets. However the daily absence of more than 400,000 barrels of Iranian oil from the markets will not affect other suppliers.

But one thing is for certain; the US withdrawal from the nuclear deal will make the collapse of Iranian economy even faster.

Iran has no managerial role within the OPEC any more and the leading player is currently Saudi Arabia.

The US strategy in weakening the Iranian regime is based on empowering the Iranian people against the regime.

Hassan Hashemian:

The Iranian regime has threatened the US with reprisals and harsh reaction if Trump pulls out of the nuclear deal. However, Rouhani’s more cautious response indicates that the regime is divided and so weak that does not even have a single strategy.

If the US leaves this nuclear deal it means the lifted sanctions on Iran will return immediately. Then the Iranian Central Bank will be the subject of further sanctions. Should the regime tries to restart its uranium enrichment the pressure will grow even more and then even Europe will join the US in imposing sanctions on Iran. And if the regime ever decides to confront the US forces in the region, then very heavy punishment awaits it.

Iran’s nuclear program has led to the militarization of the region and the Iranian regime has spent billions of dollars of the nation’s wealth on arming its proxies throughout the Middle East and beyond.

This policy of the regime can no longer be tolerated and the Western powers led by US have decided to put an end to it. For a while, this policy of the regime had benefitted certain countries but there is now a consensus that the overthrow of the regime is to the benefit of everyone concerned.

Jamshid Chalangi:

At the end of tonight’s program we will discuss the Lebanese election and the reasons behind the victory of the Hezbollah in it.

Stay with us for this edition of Behind the Headlines and share it with your family and friends.

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