Iran's Supreme Leader Endorses Rouhani as President for Second Term

Iran's Supreme Leader Endorses Rouhani as President for Second Term

Iran's Supreme Leader Endorses Rouhani as President for Second Term

Earlier Thursday, the state TV website quoted deputy foreign minister and senior nuclear negotiator Abbas Araghchi as saying that Iran will come up with a "smart" reaction to the last US sanctions. French company Total defied United States pressure in July by signing a multibillion-dollar gas deal with Iran.

He added that Tehran "will show a very clever reaction" to the imposition of sanctions. Tehran has prepared measures that Iran would take against the USA action, he added without elaborating, except to say some of the measures will "improve" Iran's armed forces.

Trump, who during his election campaign past year called 2015's nuclear agreement "the worst deal ever", signed new sanctions into law on Wednesday, along with measures against Russian Federation and North Korea.

"Space launch vehicles use technologies that are closely related to those of an intercontinental ballistic missile, and this launch represents a threatening step by Iran", said a statement by the U.S. Treasury.

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Religious, military, and political leaders attended the August 3 ceremony, which was broadcast on Iranian state television.

Ayatollah Khamenei made the remarks during the endorsement ceremony of the 12th Iranian Presidency, state-run news agency IRNA reported.

"The sanctions, of course, caused problems for the country, but [made us] open our eyes to our own capabilities", the Leader said.

"Four decades of experience, in global relations, reveals that the cost of surrendering to aggressive powers is far greater than the cost of standing up to them".

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And he did point to the disturbing trend that "growth in housing debt has been outpacing the slow growth in household incomes". In recent months, mortgage rates have been edging higher, especially for investors and interest-only loans.

Within two weeks following the official appointment, the president has to submit a proposed list of ministers to parliament for approval.

Following the publication of a 94-page report by Amnesty International on 2nd August 2017, "Caught in a web of repression: Iran's human rights defenders under attack" (https://www.amnesty.org.uk/files/2017-08/Iran%20HRD%20report.pdf?H8bShop765Jqt8yeFVE91EJ37avGEnFM), the Friends of a Free Iran in the European Parliament once again call on the EU and European governments to predicate their relationships with Iran on halting executions and improvement in human rights and women rights.

All the parties to the Iran nuclear deal are abiding by its terms, the European Union said Thursday, despite Tehran's charges that new USA sanctions breach the agreement.

During the event, Rouhani received his validation edict from the Supreme Leader.

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Tehran-based investment company Turquoise Partners earlier suggested that TSE recorded its strongest gains over one week since mid-December 2016 with the All-Share Index advancing 1.7 percent to close at 81,509. The runner-up, Ebrahim Raisi, secured 38.5% of the votes.

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