Iran to Announce Nuclear Progress

CNBC Reports: Iranian President Mahmoud Ahmadinejad said Saturday that the Islamic Republic, targeted by tougher Western sanctions, would soon announce advances in its nuclear program.

He was speaking on the 33rd anniversary of the Islamic revolution that toppled the U.S.-backed Shah.

Tens of thousands of Iranians joined state-organized rallies to mark the occasion.

“In the coming days the world will witness Iran’s announcement of its very important and very major nuclear achievements,” Ahmadinejad told a crowd at Tehran’s Azadi (Freedom) Square in a speech relayed live on state television.

Demonstrators carrying Iranian flags and pictures of Supreme Leader Ayatollah Ali Khamenei chanted “Death to Israel” and “Death to America.” Ismail Haniya, who heads the Islamist Hamas administration in the Gaza Strip, also attended the ceremony.

Ahmadinejad gave no details of how Iran’s nuclear work, which Tehran says has only peaceful purposes, has progressed.

The United States and Israel, a country which Iran does not recognize, have not ruled out military action if sanctions fail.

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