President
Ahmadinejad unveils a five-volume set containing 'Documents
on the Allied Occupation of Iran during World War II.' According to him,
there's
a 'hidden hand' behind the economic crisis in the West.
Kayhan, Islamic
Republic of Iran
Ahmadinejad Sees
'Hidden Hand' Behind Western Economic Crisis
Is the burgeoning
economic crisis a way for the United States and the West to export their economic
problems to other countries? According to this news item from Iran's Kayhan, Iranian
President Mahmoud Ahmadinejad asserts that while the economic crisis is real, it
is being engineered to force blameless countries to pick up the tab.
On Tuesday, President Mahmoud
Ahmadinejad blasted U.S. and Zionist dominance over oil and financial markets
and the flow of money around the world, and called on the international
community to establish rival markets.
Addressing a ceremony to announce
a new oil minister, Ahmadinejad underlined the significance of undermining U.S.
dominance over the global financial system with parallel stock markets.
"As along as we fail to take
proper measures in this regard, oil money will systematically find its way into
the pockets of Americans, precisely the process we see with regard to the
dominance of the dollar," he said. Ahmadinejad pointed out that oil prices
are not determined based on supply and demand, but on political factors.
"We should create a rival oil bourse and oil market and break the
dominance of the dollar."
According to the president, "hidden
hands" are behind the economic crisis that has ravaged most Western
countries.
"Of course, an economic
crisis is occurring in the West, but I think that part of the crisis is
directed," Ahmadinejad said. "The money on markets in Western nations
doesn't belong to them, but to those who live subsumed beneath their
colonialism," he added.
In July, President
Ahmadinejad pointed to the economic crisis in the West, and warned that the
hegemonic powers are trying to project their problems on other nation. He said
at the time, "In the economic sector, the system of hegemony is in trouble,
so is trying to export problems to the other countries."
The president also called for
the nationalization of Iran's oil industry to be completed. He said that the
mission of the Islamic Republic is, "to complete the last links of the chain
in the nationalization of the oil industry," since today, a considerable
amount of oil revenue lands in the hands of foreigners, even 60 years after Iran
nationalized its oil fields.
In 951, when Prime Minister Mohammad Mosaddegh
assumed power, his first order of business was to enforce the Oil
Nationalization Bill, which ended British hegemony over Iran's oil industry.
Posted
by WORLDMEETS.US
Last Wednesday, President Ahmadinejad
introduced former Revolutionary Guard Commander RostamQasemi as his oil minister designee to the Majlis for a vote of confidence.
He said that decades after nationalization of the oil industry, some two-thirds
of Iran's oil revenue goes to the pockets of foreigners who exploit the
nation's energy resources.
Ahmadinejad also called for the
indigenous development of oil industry technology and know-how, urging industry
experts to exert themselves to localize relevant knowledge. He also remarked
that global oil prices, determined as they are by hegemonic states that desire
cheap oil to produce costly products, are unreasonable.
Oil nationalization during the
1950s is regarded as a turning point in Iran's contemporary political history. Following
nationalization, the U.S. and Britain slapped Tehran with global sanctions,
which eventually saw Prime Minister Mosaddegh ousted
in a U.S. coup against his government.
Iran is the first country in
the Middle East that has proclaimed oil industry nationalization.
