Steinitz: Iran economy near collapse from sanctions

01.10.2012                      15.Tischrei. 5773                      Sukkot 1

Iran Sanktionen:

Steinitz: Iran economy near collapse from sanctions

Finance minister says Iran's oil income losses will reach $45-50 billion; believes US may delineate red lines in coming months.

Iran's economy is edging towards collapse due to international sanctions over its controversial nuclear program, Finance Minister Yuval Steinitz told Israel Radio on Sunday….