In this photo released by the official website of the office of the Iranian Presidency, President Hassan Rouhani speaks in a meeting with a group of university teachers, in Tehran, Iran, Monday, May 21, 2018. (Iranian Presidency Office via AP)
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President Hassan Rouhani promised Iranians Tuesday the government would be able to handle the economic pressure of new U.S. sanctions amid reports of a second day of demonstrations in protest at financial hardship and a weakening rial.The Iranian government is implementing new plans to control rising prices, including banning imports of over 1,300 products, preparing its economy to resist threatened U.S. sanctions. Rouhani, who is under pressure to change his economic team, said the sanctions were part of a "psychological, economic and political war," adding Washington would pay a high price for its actions.Iran's judiciary chief warned Tuesday that the "economic saboteurs," who he said were behind the fall of rial, would face severe punishment, including execution or 20 years in jail.
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