IRAN'S ECONOMIC WOES

IRAN faces sensitive time due to America, economic woes.

The people of Iran faces sensitive time because of the pressure from America and economic problems, Supreme leader Ayatollah Ali Khamenei said in a Key Address by state television on Thursday.

Khamenei was speaking to tens of thousands of members of the Basij Militia and top Revolutionary leaders gathered in a stadium in Tehran.

Discord between Iran and the United states  has worsened since US President Donald Trump  withdrew from a multilateral nuclear deal with Islamic Republic in May and reimposed  sanctions.

''The situation of the nation, region and world is sensitive, especially for the people of Iran,'' Khamenei said.

''Sensitive in this respect that on one hand we have the shouting of the arrogant powers  and  politicians of the  imperialist America and on another hand the  economic problems  of the nation and the tightness of the livelihood of a large portion of the weak people in the country,''

The Iranian rial has lost approximately 75 percent of its value since the beginning of 2018. [Agencies]