Most Popular
1. Banking Crisis is Stocks Bull Market Buying Opportunity - Nadeem_Walayat
2.The Crypto Signal for the Precious Metals Market - P_Radomski_CFA
3. One Possible Outcome to a New World Order - Raymond_Matison
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
5. Apple AAPL Stock Trend and Earnings Analysis - Nadeem_Walayat
6.AI, Stocks, and Gold Stocks – Connected After All - P_Radomski_CFA
7.Stock Market CHEAT SHEET - - Nadeem_Walayat
8.US Debt Ceiling Crisis Smoke and Mirrors Circus - Nadeem_Walayat
9.Silver Price May Explode - Avi_Gilburt
10.More US Banks Could Collapse -- A Lot More- EWI
Last 7 days
Stock Market Volatility (VIX) - 25th Mar 24
Stock Market Investor Sentiment - 25th Mar 24
The Federal Reserve Didn't Do Anything But It Had Plenty to Say - 25th Mar 24
Stock Market Breadth - 24th Mar 24
Stock Market Margin Debt Indicator - 24th Mar 24
It’s Easy to Scream Stocks Bubble! - 24th Mar 24
Stocks: What to Make of All This Insider Selling- 24th Mar 24
Money Supply Continues To Fall, Economy Worsens – Investors Don’t Care - 24th Mar 24
Get an Edge in the Crypto Market with Order Flow - 24th Mar 24
US Presidential Election Cycle and Recessions - 18th Mar 24
US Recession Already Happened in 2022! - 18th Mar 24
AI can now remember everything you say - 18th Mar 24
Bitcoin Crypto Mania 2024 - MicroStrategy MSTR Blow off Top! - 14th Mar 24
Bitcoin Gravy Train Trend Forecast 2024 - 11th Mar 24
Gold and the Long-Term Inflation Cycle - 11th Mar 24
Fed’s Next Intertest Rate Move might not align with popular consensus - 11th Mar 24
Two Reasons The Fed Manipulates Interest Rates - 11th Mar 24
US Dollar Trend 2024 - 9th Mar 2024
The Bond Trade and Interest Rates - 9th Mar 2024
Investors Don’t Believe the Gold Rally, Still Prefer General Stocks - 9th Mar 2024
Paper Gold Vs. Real Gold: It's Important to Know the Difference - 9th Mar 2024
Stocks: What This "Record Extreme" Indicator May Be Signaling - 9th Mar 2024
My 3 Favorite Trade Setups - Elliott Wave Course - 9th Mar 2024
Bitcoin Crypto Bubble Mania! - 4th Mar 2024
US Interest Rates - When WIll the Fed Pivot - 1st Mar 2024
S&P Stock Market Real Earnings Yield - 29th Feb 2024
US Unemployment is a Fake Statistic - 29th Feb 2024
U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - 29th Feb 2024
What a Breakdown in Silver Mining Stocks! What an Opportunity! - 29th Feb 2024
Why AI will Soon become SA - Synthetic Intelligence - The Machine Learning Megatrend - 29th Feb 2024
Keep Calm and Carry on Buying Quantum AI Tech Stocks - 19th Feb 24

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

Iran Political Situation Ready to Explode

Politics / Iran Jun 16, 2009 - 07:29 AM GMT

By: Pravda

Politics

Iran is standing on the verge of chaos after sitting President Mahmoud Ahmadinejad won the first stage of the presidential election in the country on June 12. His three rivals received less than a third of all votes, which triggered massive riots across the nation. Mir-Hossein Mousavi, who obtained 33 percent of the votes cast, stated that the election had been totally fabricated. Two other candidates - Mohsen Rezaee, former Commander of the Iranian Revolutionary Guard, and Mehdi Karroubi, former Speaker of the Majlis, - said that they would support Moussavi in his endeavor to revise the election results.


Electors in the East traditionally vote for the candidates from their territories, where they reside. The tradition did not work this time. For example, Ahmadinejad received five times more votes in Moussavi’s native city of Tabriz. The results in the Province of Lorestan turned out to be fantastic: the sitting president of Iran enjoyed 18 times more votes than Karroubi, a native of the province. This is probably the reason why the candidates cast doubts on the official results of the vote.

Ahmadinejad claimed that the riots had been organized by external forces and said that he would be ready to establish law and order in the country militarily.

Sergey Demidenko, an expert with the Institute for Strategic Analysis, told Pravda.Ru that the current riots did not mark anything extraordinary for Iran.

“Such things occur there periodically. It happened in 1999, 2000 and in 2006. The driving force of the riots is the people who strive for changes in the country – mostly the youth, including students. They gather around Moussavi, who is deeply concerned about the results of the vote. The protests will not lead to anything – no one is going to revise the results of the Iranian election, they are final. Ahmadinejad is the winner and that’ s it.

“It would not be correct to look for any implication of the USA or the West here. All candidates go through the Supervisory Council, which has a very strict selective procedure at this point. It would never let a pro-Western Iranian run for president if he would be ready to infringe upon the state organization of the country, including the predominance of spiritual authorities over the secular power,” the specialist said.

The president is not the most important persona in Iran. It is the prerogative of Ayatollah – the spiritual leader of Shiite Muslims. Anyone willing to change this will not be allowed to run.

It is worthy of note that Iran’s supreme leader, Ayatollah Ali Khamenei urged the protesters on June 14 to recognize the results of the vote and refrain from provocative actions and statements. The people did not hear their leader. Ahmadinejad’s prime rival, Moussavi, addressed the spiritual leaders of the nation with an appeal not to take a silent position claiming that the Islamic Republic may turn into a despotic regime.

The protesters throw stones and gasoline bombs at the police and use the successful tactics of the 1979 Islamic Revolution. They climb onto the roofs and use loud-speakers to call everyone to stand up against the authorities.

Will the Iranian authorities be able to clean up the mess in the country? Foreign journalists are already being expelled from Iran, which may show that the government is taking measures to use military forces to subdue the riots.

Sergey Balmasov

Pravda.ru

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

Pravda Archive

© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in