Banks in Tehran have developed a cryptocurrency to get around the US economic embargo, while allies work on ways to bypass the dollar
On the 40th anniversary of the Islamic Revolution, this past Friday, Supreme Leader Ayatollah Khamenei made an effort to express Iran’s geopolitical stance in simple terms: ‘We have good relations with all nations in the world, we don’t want to break relations with any European nation’, and an explanation of the slogan ‘Death to America’.
The Ayatollah said ‘Death to America’ “means death to Trump, John Bolton and Mike Pompeo. It means death to American rulers. We have no problems with the American people.”
So, the slogan is indeed a metaphor – as in death to US foreign policy as conducted for much of the past four decades.
That includes, of course, the dismantling, by the Trump administration, of the nuclear deal with Iran, known as the Joint Comprehensive Plan Of Action (JCPOA).
In a rash rebuke of the centrist government of President Hassan Rouhani and Foreign Minister Muhammad Javad Zarif – who negotiated the JCPOA with the Obama administration, as well as Russia, China, France, the UK and Germany – Khamenei stressed he would not have signed it. His legendary distrust of the US now seems more than vindicated.