Mahmoud Ahmadinejad refuses Saudi plot claims

Iran's president has said US claims of a plot to assassinate a Saudi ambassador are as fake as its allegations were about weapons of mass destruction in Iraq.

Mahmoud Ahmadinejad said,” the US had hoped to make people forget about its "internal economic problems".

In an appearance on al-Jazeera he also said the US was looking for an excuse to toughen sanctions against Iran.

Saudi Arabia meanwhile asked the UN Security Council to look into what it called a "heinous conspiracy".

Secretary General Ban Ki-moon said he had passed correspondence about the affair to the Security Council.

Ahmadinejad says capitalism faces defeat

Iran's President Mahmoud Ahmadinejad affirmed Tuesday that capitalism countenances predictable defeat and called for the repair of "undemocratic and unjust" global decision-making bodies.

In a words on the second day of a U.N. anti-poverty peak, the Iranian leader blamed capitalism and transnational businesses for "the affliction of innumerable women, men and children in so many countries."

Ahmadinejad's speech to the 192-member Universal Assembly by no means mentioned the Millennium Development Goals — the U.N. aim set by world leaders in 2000 to battle global poverty by 2015 — that are the center of the three-day peak called by Secretary-General Ban Ki-moon to spur their implementation.

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