Supreme leader Ayatollah Ali Khamenei said on Monday that Iran is set to deliver a “punch” that will stun world powers during this week’s 31st anniversary of the Islamic revolution.

“The Iranian nation, with its unity and God’s grace, will punch the arrogance (Western powers) on the 22nd of Bahman (February 11) in a way that will leave them stunned,” Khamenei, who is also Iran’s commander-in-chief, told a gathering of air force personnel.

The country’s top cleric was marking the occasion when Iran’s air force gave its support to revolutionary leader Ayatollah Ruhollah Khomeini, a key event which led to the toppling of the US-backed shah on February 11, 1979.

His comments came as Iran said it would begin to produce higher enriched uranium from Tuesday, in defiance of Western powers trying to ensure the country’s nuclear drive is peaceful.

Breitbart (AFP) article continues here.

President Barack Obama said Sunday he has not ruled out a New York federal court trial for Sept. 11 planner Khalid Sheikh Mohammed, but he was taking into account the objections of the city’s mayor and police commissioner.

The Obama administration has come under withering attack, mainly from Republicans, for a decision by his Justice Department to try the terrorist mastermind in a U.S. court near Ground Zero, site of the attack that destroyed New York’s World Trade Center.

Obama said using the traditional judicial method was a “virtue of our system” in which Americans should take pride.

Fox News (AP) article continues here.

Supreme Leader of the Islamic Revolution Ayatollah Seyed Ali Khamenei stressed that the Zionist regime is moving on a precipice towards demise and it will soon experience annihilation.

“I am very optimistic about the future of Palestine and believe that Israel is moving on the precipice of wane and demise, and God willing its annihilation is for sure,” Ayatollah Khamenei said in a meeting with Secretary-General of the Palestinian Islamic Jihad Movement Ramadan Abdullah Shallah here in Tehran.

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The New Orleans Saints have won Super Bowl XLIV.

They beat the Indianapolis Colts 31-17 here at Sun Life Stadium in South Florida.

Saints quarterback Drew Brees was 32-of-39 for 288 yards and two touchdowns.

But it was the big 75-yard interception return for a touchdown by cornerback Tracy Porter that sealed the deal.

“I studied and knew their tendencies,” Porter said. “I just jumped around and the ball went right into my hands.”

Porter’s teammate Darren Sharper, who was on the Green Bay Packers as a rookie when they lost to Denver, said this was a game that nobody had faith in the team except for the team.

“Man this is unbelievable,” Sharper said. “I don’t know of anyone who gave us a chance, but when you get here, anyone can win.”

Times-Picayune article continues here.

Treasury Secretary Timothy F. Geithner said the U.S. is in no danger of losing its Aaa debt rating even though the Obama administration has predicted a $1.6 trillion budget deficit in 2010.

“Absolutely not,” Geithner said, when asked in an ABC News interview broadcast today whether a downgrade is a concern. “That will never happen to this country.”

Geithner said investors around the world turn to U.S. Treasury securities and dollar-denominated assets whenever they are worried about global stability. That reflects “basic confidence” in the U.S. and its ability to bounce back from the global recession, he said.

Bloomberg article continues here.

Iran will begin enriching uranium to 20 percent from Tuesday, the Islamic republic’s atomic chief announced on Sunday just hours after being told to do so by hardline President Mahmoud Ahmadinejad.

The decision raises the stakes in a dispute with the West less than a week after Iran had appeared to accept a UN-drafted nuclear deal on the supply of fuel for a research nuclear reactor in Tehran.

Ahmadinejad’s move drew fire from Britain and the United States, and analysts said it was a bid to exert pressure on Washington and drive a wedge between the six powers over attempts to impose new sanctions on Tehran.

Yahoo! News (AFP) article continues here.