A handout photo made available by the Iranian Supreme Leader office shows, Iranian Supreme Leader Ayatollah Ali Khamenei speaking during a meeting with officials of Iranian Foreign Ministry in Tehran, Iran, 21 July 2018. EPA
A handout photo made available by the Iranian Supreme Leader office shows, Iranian Supreme Leader Ayatollah Ali Khamenei speaking during a meeting with officials of Iranian Foreign Ministry in Tehran,Show more

Iran Supreme Leader calls for reaction to 'economic war'



Iranian Supreme Leader Ayatollah Ali Khamenei on Saturday called for "swift and just" legal action from new courts after the head of the judiciary said the country faced an "economic war", state television reported.

The rial currency has lost about half of its value since April under the threat of revived US sanctions, with heavy demand for dollars among ordinary Iranians trying to protect their savings.

The cost of living has also soared, sparking sporadic demonstrations against profiteering and corruption, with many protesters chanting anti-government slogans.

The central bank and the judiciary have blamed "enemies" for the fall of the currency and a rapid rise in the price of gold coins, and the judiciary has said more than 40 people including a former central bank deputy have been arrested on charges carrying the death penalty.

The judiciary has suggested that arch-foes the United States and Israel as well as regional rival Saudi Arabia and government opponents living in exile are fomenting the unrest.

"The current special economic conditions are considered an economic war," judiciary chief Ayatollah Sadeq Amoli Larijani said in a letter to Ayatollah Khamenei, calling for the setting up of special courts to deal quickly with financial crimes, the television report said.

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Mr Khamenei agreed, saying: "The purpose (of the courts) should be to punish those guilty of corrupt economic practices swiftly and justly," the TV added. "The courts should be advised to (ensure) the accuracy of their rulings."

New Islamic revolutionary courts will be set up for two years and directed to impose maximum sentences on those "disrupting and corrupting the economy", and appeal rights will be curbed, Amoli Larijani proposed in his letter, read on state television.

In May, the US pulled out of a 2015 deal between world powers and Tehran under which international sanctions on Iran were lifted in return for curbs on its nuclear programme.

Washington this week reimposed sanctions on Iran's purchase of US dollars, its trade in gold and precious metals and its dealings with metals, coal and industrial-related software.

The US has told other countries they must halt imports of Iranian oil from early November or face American US financial measures.

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Group A
Kyrgyzstan v Qatar, 5.45pm
Iran v Uzbekistan, 8pm
N Korea v UAE, 10.15pm
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UAE currency: the story behind the money in your pockets
UAE currency: the story behind the money in your pockets
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In numbers: PKK’s money network in Europe

Germany: PKK collectors typically bring in $18 million in cash a year – amount has trebled since 2010

Revolutionary tax: Investigators say about $2 million a year raised from ‘tax collection’ around Marseille

Extortion: Gunman convicted in 2023 of demanding $10,000 from Kurdish businessman in Stockholm

Drug trade: PKK income claimed by Turkish anti-drugs force in 2024 to be as high as $500 million a year

Denmark: PKK one of two terrorist groups along with Iranian separatists ASMLA to raise “two-digit million amounts”

Contributions: Hundreds of euros expected from typical Kurdish families and thousands from business owners

TV channel: Kurdish Roj TV accounts frozen and went bankrupt after Denmark fined it more than $1 million over PKK links in 2013 

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The rules on fostering in the UAE

A foster couple or family must:

  • be Muslim, Emirati and be residing in the UAE
  • not be younger than 25 years old
  • not have been convicted of offences or crimes involving moral turpitude
  • be free of infectious diseases or psychological and mental disorders
  • have the ability to support its members and the foster child financially
  • undertake to treat and raise the child in a proper manner and take care of his or her health and well-being
  • A single, divorced or widowed Muslim Emirati female, residing in the UAE may apply to foster a child if she is at least 30 years old and able to support the child financially

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Milestones on the road to union

1970

October 26: Bahrain withdraws from a proposal to create a federation of nine with the seven Trucial States and Qatar. 

December: Ahmed Al Suwaidi visits New York to discuss potential UN membership.

1971

March 1:  Alex Douglas Hume, Conservative foreign secretary confirms that Britain will leave the Gulf and “strongly supports” the creation of a Union of Arab Emirates.

July 12: Historic meeting at which Sheikh Zayed and Sheikh Rashid make a binding agreement to create what will become the UAE.

July 18: It is announced that the UAE will be formed from six emirates, with a proposed constitution signed. RAK is not yet part of the agreement.

August 6:  The fifth anniversary of Sheikh Zayed becoming Ruler of Abu Dhabi, with official celebrations deferred until later in the year.

August 15: Bahrain becomes independent.

September 3: Qatar becomes independent.

November 23-25: Meeting with Sheikh Zayed and Sheikh Rashid and senior British officials to fix December 2 as date of creation of the UAE.

November 29:  At 5.30pm Iranian forces seize the Greater and Lesser Tunbs by force.

November 30: Despite  a power sharing agreement, Tehran takes full control of Abu Musa. 

November 31: UK officials visit all six participating Emirates to formally end the Trucial States treaties

December 2: 11am, Dubai. New Supreme Council formally elects Sheikh Zayed as President. Treaty of Friendship signed with the UK. 11.30am. Flag raising ceremony at Union House and Al Manhal Palace in Abu Dhabi witnessed by Sheikh Khalifa, then Crown Prince of Abu Dhabi.

December 6: Arab League formally admits the UAE. The first British Ambassador presents his credentials to Sheikh Zayed.

December 9: UAE joins the United Nations.

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The hardest dive in the UAE is the German U-boat 110m down off the Fujairah coast. 

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Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

Which honey takes your fancy?

Al Ghaf Honey

The Al Ghaf tree is a local desert tree which bears the harsh summers with drought and high temperatures. From the rich flowers, bees that pollinate this tree can produce delicious red colour honey in June and July each year

Sidr Honey

The Sidr tree is an evergreen tree with long and strong forked branches. The blossom from this tree is called Yabyab, which provides rich food for bees to produce honey in October and November. This honey is the most expensive, but tastiest

Samar Honey

The Samar tree trunk, leaves and blossom contains Barm which is the secret of healing. You can enjoy the best types of honey from this tree every year in May and June. It is an historical witness to the life of the Emirati nation which represents the harsh desert and mountain environments

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