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October 4, 2012

Clashes Erupt as Iranians Protest Collapse of Currency 
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Scores of Iranians rallied in Tehran on Wednesday to protest the
collapse of the country's currency. The rial has hit an all-time low
amidst a worsening financial crisis brought upon by Western sanctions,
falling 40 percent against the dollar in just one week. Iranian forces
reportedly clashed with the demonstrators and fired gas to disperse
them. In Washington, Secretary of State Hillary Clinton said the Iranian
government only has itself to blame for its economic problems.

Secretary of State Hillary Clinton: "I think the Iranian government
deserves responsibility for what is going on inside Iran, and that is
who should be held accountable, and they have made their own government
decisions having nothing to do with the sanctions that have had an
impact on the economic conditions inside the country and of course the
sanctions have had an impact as well, but those could be remedied in
short order if the Iranian government were willing to work with the P5+1
and the rest of the international community in a sincere manner."

 

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