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President Shimon Peres and Rabbi Ovadia Yosef sitting under a sukkah on Friday. (Uri Lantz / Flash 90)
Last update - 00:00 17/10/2008
Peres: Drop in global oil prices is a serious blow to Iran
By Haaretz Service
Tags: Iran, Shimon Peres 

President Shimon Peres on Friday said the global financial crisis will seriously damage the Iranian economy, saying "the recent drop in global oil prices is a significant blow for Iran."

Sitting under the sukkah of Sephardic Chief Rabbi Shlomo Amar, the president further predicted that Tehran "won't be able to bear the increased spending in military and to continue its nuclear armament all at the same time."

If oil prices continue to fall, Peres said, Iran will not be able to fund terrorist activities.
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He added that Israel should become a central player in the field of alternative energy, saying "Israel should run ahead. We will overcome the Iranians and all other threats."

Peres also visited the sukkot of Shas spiritual leader Rabbi Ovadia Yosef and Ashkenazi Chief Rabbi Yonah Metzger.

The issue of Hamas' release of abducted Israel Defense Forces soldier Gilad Shalit also came up during Peres' conversations with the rabbis. The president said that he "welcomes the renewal of talks on the issue of Gilad Shalit."

"However," the president added, "it is a complicated matter that could yet take time because we are dealing with a group of crazed extremists who do not hesitate to deal in human life for personal gain."



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      1.   SO WHAT, PERES, BABY? 16:39  |  indrajaya 17/10/08
      2.   Maybe, maybe not 16:49  |  spyguy 17/10/08
      3.   Drop in Global Oil Price... and a blow ti Iran.... 17:31  |  Dagma 17/10/08
      4.   Iran and Terror Funding 17:50  |  Ron 17/10/08
      5.   THATS WHY IRAN IS ALWAYS THREATENING WAR to keep Oil price $150 18:04  |  Alan SA 17/10/08
      6.   Likewise Russia does the same with creating tension in Middle Eas 18:05  |  Alan SA 17/10/08
      7.   The price of the oil and the war in Iraq 18:47  |  Ivan 17/10/08
      8.   Ivan From Haifa 19:03  |  David Israel 17/10/08
      9.   G_D WORKS IN STRANGE WAYS 19:07  |  TOBIA 17/10/08
      10.   oil prices in Israel 19:13  |  Jonathan 17/10/08
      11.   Is drop in global Oil a serious blow to Iran ..... 20:00  |  Dagma 17/10/08
      12.   Oil price 20:23  |  Dani 17/10/08
      13.   Oil will shoot up again its part of the game. 20:52  |  Stephen. 17/10/08
      14.   iran and price of oil 20:58  |  joseph wall 17/10/08
      15.   Save your sympathy 21:01  |  Natallie Durson 17/10/08
      16.   Oil price to rise soon 22:16  |  Uri 17/10/08
      17.   "Peres: Drop in global oil price serious blow to Iran" 22:46  |  Axel 17/10/08
      18.   Timely piece by Roger Lowenstein in this weekend`s NY Times 22:50  |  Jacob Blues 17/10/08
      19.   Less money for terrorism from other sources. 23:57  |  Maureen Ann 17/10/08
      20.   Natallie Durson 00:08  |  Najad 18/10/08
      21.   Oil Prices will go up again 00:11  |  Jay 18/10/08
      22.   Every advantage has it`s disadvantage (Johan Cruijff) 01:06  |  Mark B. 18/10/08
      23.   IRAN WILL BE OK 01:20  |  indrajaya 18/10/08
      24.   Peres is a coward 02:07  |  Alan 18/10/08
      25.   The leaders and mullahs of Iran 02:48  |  Jane 18/10/08
      26.   an overly optimistic assessment 06:05  |  Cipora Julianna Kohn 18/10/08
      27.   President Peres Instead of worry about Irans oil 06:19  |  Livin In Rishon 18/10/08
      28.   The only blow Iran can receive is oil price,not empty isr threat 07:19  |  Aounist 18/10/08
      29.   #23 Indrajaya, Iran is not okay now 07:56  |  Conroy 18/10/08
      30.   #27, living in rishon 07:59  |  Cipora Julianna Kohn 18/10/08
      31.   # 29, CONROY 08:38  |  indrajaya 18/10/08
      32.   to Number 27 08:57  |  Dani 18/10/08
      33.   NONSENSE 10:51  |  Arik Silverman 18/10/08
      34.   Where is SHAUL....Iran could use your help.. 15:56  |  ali 18/10/08
      35.   What a moron 17:07  |  mi 18/10/08
      36.   #2 spyguy 17:32  |  Double Dutch 18/10/08
      37.   #15 Save your sympathy 17:37  |  Double Dutch 18/10/08
      38.   IRAN WILL BE OK 17:43  |  Double Dutch 18/10/08
      39.   #33 arik at the nonsense level about crude supplies 18:11  |  victor hardman 18/10/08
      40.   Iran will suffer but so will Israel 18:29  |  Jewboy 18/10/08
      41.   #24. Alan from Brasil ??? 22:34  |  Stephen. 18/10/08
      42.   Ahmadinejad can only count with his 10 fingers 01:15  |  Yuri 19/10/08
      43.   #9 19:41  |  sam 23/10/08
      44.   Peres 16:08  |  Steven 23/11/08
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