icon bookmark-bicon bookmarkicon cameraicon checkicon chevron downicon chevron lefticon chevron righticon chevron upicon closeicon v-compressicon downloadicon editicon v-expandicon fbicon fileicon filtericon flag ruicon full chevron downicon full chevron lefticon full chevron righticon full chevron upicon gpicon insicon mailicon moveicon-musicicon mutedicon nomutedicon okicon v-pauseicon v-playicon searchicon shareicon sign inicon sign upicon stepbackicon stepforicon swipe downicon tagicon tagsicon tgicon trashicon twicon vkicon yticon wticon fm

Dollar dictatorship the foundation of American empire - Iran's Ahmadinejad

Dollar dictatorship the foundation of American empire - Iran's Ahmadinejad
Former two-term Iranian President Mahmoud Ahmadinejad says the dollar is one of the major pillars of US dominance over global finance and trade. He has called for change in the current world order.

“Things need to change, current orders should be reordered,” the former leader of the Islamic Republic tweeted on Monday, hours before the first round of the US sanctions came into effect.

The anti-Iranian penalties entered force on Tuesday after midnight US Eastern Standard Time (4:01am GMT), targeting such industries as cars, carpets, as well as metals trading and access to US banknotes. The further restrictions, planned for early November, are set to hit Iran's oil and shipping sectors.

Earlier, the US President Donald Trump cautioned nations against trading with the Islamic Republic, saying Washington will stop doing business with the countries violating the sanctions regime.

For more stories on economy & finance visit RT's business section

Dear readers and commenters,

We have implemented a new engine for our comment section. We hope the transition goes smoothly for all of you. Unfortunately, the comments made before the change have been lost due to a technical problem. We are working on restoring them, and hoping to see you fill up the comment section with new ones. You should still be able to log in to comment using your social-media profiles, but if you signed up under an RT profile before, you are invited to create a new profile with the new commenting system.

Sorry for the inconvenience, and looking forward to your future comments,

RT Team.

Podcasts