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FOR IMMEDIATE RELEASE
February 4, 2013
Phone: (212) 554-3296
UANI Statement on the Iranian Rial Hitting All-Time Low
New York - On Monday, United Against Nuclear Iran (UANI) CEO, Ambassador Mark D. Wallace, issued the following statement regarding the Iranian rial's freefall, to an all-time low of 40,000 per dollar:
The decline in the value the rial is unambiguous evidence that continued sanctions and economic pressure, including new measures slated to go into effect on February 6, are having a tangible effect on the Iranian economy. Clearly, confidence in the rial and in the regime's ability to effectively manage the Iranian economy have plummeted. By applying pressure on Iran's energy, banking, shipping, and industrial sectors, including the automotive sector, the international community has had a tangible impact. We can do more however.
The international community should impose a complete economic blockade on the Iranian regime. A full collapse of the rial would force Tehran to choose between having a nuclear weapon or a functioning economy.
Any business, firm, or entity that does work in Iran should be barred from receiving U.S. government contracts, accessing U.S. capital markets, entering into commercial partnerships with U.S. entities, or otherwise doing business in the U.S. or with U.S. entities. The U.S. and others must use all available economic leverage against the regime.
Click here to view UANI's Iran Currency Tracker.
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United Against Nuclear Iran (UANI) is a program of the American Coalition Against Nuclear Iran, Inc., a tax-exempt organization under Section 501(c)(3) of the Internal Revenue Code.
The prospect of a nuclear-armed Iran should concern every American and be unacceptable to the community of nations. Since 1979 the Iranian regime, most recently under President Mahmoud Ahmadinejad's leadership, has demonstrated increasingly threatening behavior and rhetoric toward the US and the West. Iran continues to defy the International Atomic Energy Agency (IAEA) and the United Nations in their attempts to monitor its nuclear activities. A number of Arab states have warned that Iran's development of nuclear weapons poses a threat to Middle East stability and could provoke a regional nuclear arms race. In short, the prospect of a nuclear armed Iran is a danger to world peace.
United Against Nuclear Iran (UANI) is a non-partisan, broad-based coalition that is united in a commitment to prevent Iran from fulfilling its ambition to become a regional super-power possessing nuclear weapons. UANI is an issue-based coalition in which each coalition member will have its own interests as well as the collective goal of advancing an Iran free of nuclear weapons.
The Objectives of United Against a Nuclear Iran
- Inform the public about the nature of the Iranian regime, including its desire and intent to possess nuclear weapons, as well as Iran's role as a state sponsor of global terrorism, and a major violator of human rights at home and abroad;
- Heighten awareness nationally and internationally about the danger that a nuclear armed Iran poses to the region and the world;
- Mobilize public support, utilize media outreach, and persuade our elected leaders to voice a robust and united American opposition to a nuclear Iran;
- Lay the groundwork for effective US policies in coordination with European and other allies;
- Persuade the regime in Tehran to desist from its quest for nuclear weapons, while striving not to punish the Iranian people, and;
- Promote efforts that focus on vigorous national and international, social, economic, political and diplomatic measures.
UANI is led by an advisory board of outstanding national figures representing all sectors of our country. |
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