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Iran leader: Stop exporting oil, make new economy

July 29, 2012 5:50 PM

TEHRAN, Iran (AP) - Iran's supreme leader has outlined a new approach to overcome Western sanctions - stop selling oil and build knowledge-based industries instead. Ayatollah Ali Khamenei's says what he calls a "resistant economy" can effectively counter the sanctions. This month the European Union enforced a ban on oil... more »

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