Sanctions promised to make things even tougher. Relations between the u. S. And iran have gotten worse three months ago President Donald Trump unilaterally pulled out of the Iran Nuclear Deal and said hed impose the toughest sanctions iran has ever faced a declaration of economic war against the islamic republic. Since then irans economy has plunged into chaos the collapse of the countrys Currency The Reaal has accelerated it has now lost seventy percent of its value against the euro the government has banned many Currency Transactions since april the falling reale didnt just hurt Currency Holders food prices have risen by at least forty percent. And last week President Trump further stirred the pot with a surprising proposal thank you very much thank you i would certainly made with iran if they wanted to meet i dont know that theyre ready to have a hard time right now. But i ended the iran deal it was a ridiculous deal the response from irans leaders was tepid but several
international media reported that the meeting could happen in new york at the next General Assembly of the United Nations but for now iran will have to see how it manages to cope with the new american sanctions. For more on this im joined now by Eric Randolph a journalist In Teheran Eric so as we just heard in that report the economy in iran is not doing well what does this mean for the average iranian well a lot of these problems have been around for a long time really is why hoping that the nuclear deal in twenty fifteen would bring in Foreign Investment but were going to start you know in the economy in really powerhouse of. Heart and now that its falling apart at stuff from the not going to. The way that solves any problems for iranians jobless rates rising prices all sorts of problems with their currency the money the real issues that people have just lost faith in the government. Issues and thats why were seeing
a big run on the currency. Speaking of the currency of the iranian veil has dropped in value dramatically over the past month so now the government has announced theyre easing Foreign Exchange rules what do you make of this you know what they tried to fix the rate back in april and it was a disaster all that did was open up the Black Market Speculators and people that political connections were able to use that in corrupt ways and that increased the anger on the streets even more interesting things today that weve seen the arrest of the Central Bank Vice going to whos in charge of Foreign Exchange and there has been a real push to actually take judicial action against corrupt officials will see that to be a genuine positive to come out of all these problems for eric weve also been hearing about protests in several places around the country how does this make president rouhani look. Was very hard for us to verify whats going on out there because the
pain will come in november when iran will be blocked from selling oil and theyll beef. Transactions for a Central Baghdad Kid thats when it starts to lose the biggest part of its economic. Industry and thats one move possibly see some of the real Playing Start at the moment so far its a lot of anxiety a lot of fear its not clear exactly what the Economic Impact will be the best in times ahead for everybody in this country. Eric randolph thank you so much. Another strong earthquake has struck the indonesian island of long book Officials Say at least thirty nine people have died and many more were injured the seven Point Zero Magnitude quake struck the northern part of the early on sunday evening and earlier a Tsunami Warning has now been lifted Officials Say strong tremors damaged buildings along the island and in nearby bali last week another earthquake struck
lombok and killed at least sixteen people. After an apparent Assassination Attempt on venezuelan president Nicolas MaduroThe Blame Game is underway but it also has what looks like a Drone Bomb Attack during a Military Parade On Saturday he is pointing the finger at colombians and venezuelan exile exiles living in the u. S. State of florida u. S. National security adviser john bolton pushed back on that accusation just a short time ago there was no u. S. Government involvement in this at all just within the past couple of hours ive spoken with our charge a in caracas the head diplomatic official down there he and his staff arrived much of the night making sure that americans in venezuela were safe as of now now with respect to what happened last after noon look it could be a lot of things from a Pretext Set Up by the door regime itself to Something Else analyse it to look at
his new economic measures we are heading in a few weeks to a new currency for business where the and you measure should distribute subsidize gasoline measures that have not gone over well with the public however both the u. S. And for whom you have Player Displays have said these players were absurd and possible pretext for the governments use of a suppressed social unrest with its has been increasing with each day some also if youre just good its be an excuse to closer but theres one colombian go order through which millions of men and as long as ive been fleeing the crisis they can have the largest something american migration in recent history. And you mentioned a possible crackdown and the venezuelan opposition in fact has been warning that my daughter will make use this attack in his favor are we going to see a further political crackdown against critics. Well yes it is expected and i would have said its all going to solve the opposition broad Front Movement which is a new coalition has said yesterdays events could have been
a fortunate mistake for the government should start their crackdown against the opposition and have the coalition. Is demanding proof of the drills and the attacks before the government continues with these accusations this is really turned out to be the story of the boy who cried wolf because my daughter has accused the opposition of a these twenty plots against his life but this is the first time we actually see something play out whether it was an assassination gone wrong or fortune that mistake is still to be Decidable China last especially. Thank you so much. And now lets check in on some of the other stories making news Around The World south sudans government has signed a final peace deal and Power Sharing Agreement with the Main Opposition Party the deal will form a unity government the country has been torn by civil war since Two Thousand And Thirteen two years after it gained independence from sudan. Twenty people
were killed after hes been to airplane crashed in the swiss alps the World War Two aircraft smashed into a mountainside at an altitude of about Two Thousand Five Hundred meters after taking off from the cardinal the plane was carrying seventeen passengers and three crew. Wildfires have grown stronger in southern portugal hundreds of firefighters were sent to battle a forest fire with the assistance of aircraft its been one of the hottest weekends on record for the Iberian Peninsula the europe wide heat wave has been especially severe in both portugal and spain with temperatures exceeding forty five degrees celsius on saturday. In hockey irelands fairy taro fairy tale world cup run ended with the silver medal after they were thrashed six nil by The Netherlands in the final in london irelands women had pulled off shock after shock topping a group containing hockey heavyweights india and england on route to the countrys
first ever final in field sports but the dutch proved the better Team Dominating proceedings from the start to claim their Eighth World Title at the european championships in glasgow there was more joy for germany in the pool as Floyd Enveloped Rock took the gold in the mens fifteen Hundred Meter Freestyle the twenty year old clocked a National Record of fourteen minutes thirty six point one five seconds to secure germanys second swimming gold of the weekend after their surprise win in the freestyle mixed relay. And there were six there was german success in the village from two s. Cyclists dominic feinstein claims gold in the individual Four Thousand metre pursuit. Of those evil of the vera to win germanys eighth cycling medal of the championships and a reminder of our top story this hour iranians are already up in arms about their economy now the government has announced plans to ease Foreign Exchange for rules in a bid to use the impact of u. S. Sanctions set to take effect this week promised that to lift restrictions on the use of hard currency to buy goods. Youre watching your news dont forget you can