No Result
View All Result
  • Login
Friday, May 16, 2025
theadvisertimes.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
theadvisertimes.com
No Result
View All Result
Home Business

Iran’s hardline diplomat, sole moderate to square off in presidential run-off

by theadvisertimes.com
11 months ago
in Business
Reading Time: 4 mins read
A A
0
Iran’s hardline diplomat, sole moderate to square off in presidential run-off
Share on FacebookShare on TwitterShare on LInkedIn


A citizen is seen in front of the candidates posters for the 14th presidential elections on the streets ahead of the early presidential election in Tehran, Iran on June 27, 2024. 

Anadolu | Anadolu | Getty Images

Iran will hold a run-off presidential election on July 5 after neither of the top candidates secured more than 50% of votes in Friday’s polls, the interior ministry said on Saturday.

The vote to replace Ebrahim Raisi after his death in a helicopter crash came down to a tight race between the sole moderate in a field of four candidates and the supreme leader’s hardline protege.

With more than 24 million votes counted moderate lawmaker Massoud Pezeshkian led with over 10 million votes ahead of hardline diplomat Saeed Jalili with over 9.4 million votes, according to provisional results released by the ministry.

Power in Iran ultimately lies with Supreme Leader Ayatollah Ali Khamenei, so the result will not herald any major policy shift on Iran’s nuclear programme or its support for militia groups across the Middle East.

But the president runs the government day-to-day and can influence the tone of Iran’s policy.

Iran’s Tasnim news agency said earlier Saturday that a run-off election was “very likely” to pick the next president.

If no candidate wins at least 50% plus one vote from all ballots cast, including blank votes, a run-off between the top two candidates is held on the first Friday after the result is declared.

The election coincides with escalating regional tension due to the war between Israel and Iranian allies Hamas in Gaza and Hezbollah in Lebanon, as well as increased Western pressure on Iran over its fast-advancing nuclear program.

While the election is unlikely to bring a major shift in the Islamic Republic’s policies, its outcome could influence the succession to Ayatollah Ali Khamenei, Iran’s 85-year-old supreme leader, in power since 1989.

The clerical establishment sought a high turnout to offset a legitimacy crisis fuelled by public discontent over economic hardship and curbs on political and social freedom.

The next president is not expected to usher in any major policy shift on Iran’s nuclear programme or support for militia groups across the Middle East, since Khamenei calls all the shots on top state matters.

Supporters of Saeed Jalili, a candidate for the June 28 presidential election, chant slogans in his campaign meeting in Tehran, Iran, Monday, June 24, 2024. Jalili is among the six candidates approved for the June 28 election to replace president Ebrahim Raisi, who died in a helicopter crash. 

Majid Saeedi | Getty Images News | Getty Images

However, the president runs the government day-to-day and can influence the tone of Iran’s foreign and domestic policy.

Pezeshkian’s views offer a contrast to those of Jalili, advocating detente with the West, economic reform, social liberalisation and political pluralism.

A staunch anti-Westerner, Jalili’s win would signal the possibility of an even more antagonistic turn in the Islamic Republic’s foreign and domestic policy, analysts said.

Limited choices

The election was a contest among a tightly controlled group of three hardline candidates and one low-profile moderate loyal to the supreme leader. A hardline watchdog body approved only six from an initial pool of 80 and two hardline candidates subsequently dropped out.

“Based on unconfirmed reports, the election is very likely heading to a second round … Jalili and Pezeshkian will compete in a run-off election,” Tasnim reported.

Critics of the clerical establishment say that low turnouts in recent years show the system’s legitimacy has eroded. Turnout was 48% in the 2021 presidential election and a record low of 41% of people voted in a parliamentary election in March.

All candidates have vowed to revive the flagging economy, beset by mismanagement, state corruption and sanctions re-imposed since 2018, after the U.S. ditched Tehran’s nuclear pact.

“I think Jalili is the only candidate who raised the issue of justice, fighting corruption and giving value to the poor. … Most importantly, he does not link Iran’s foreign policy to the nuclear deal,” said Farzan, a 45-year-old artist in the city of Karaj.

Divided voters

Pezeshkian, faithful to Iran’s theocratic rule, is backed by the reformist faction that has largely been sidelined in Iran in recent years.

“We will respect the hijab law, but there should never be any intrusive or inhumane behaviour toward women,” Pezeshkian said after casting his vote.

A man gestures as he holds up a small election flag during a campaign rally for reformist candidate Massoud Pezeshkian at Afrasiabi Stadium in Tehran on June 23, 2024 ahead of the upcoming Iranian presidential election. 

Atta Kenare | Afp | Getty Images

He was referring to the death of Mahsa Amini, a young Kurdish woman, in 2022 while in morality police custody for allegedly violating the mandatory Islamic dress code.

The unrest sparked by Amini’s death spiralled into the biggest show of opposition to Iran’s clerical rulers in years.

Pezeshkian attempted to revive the enthusiasm of reform-minded voters who have largely stayed away from the polls for the last four years as a mostly youthful population chafes at political and social curbs. He could also benefit from his rivals’ failure to consolidate the hardline vote.

In the past few weeks, Iranians have made wide use of the hashtag #ElectionCircus on X, with some activists at home and abroad calling for a boycott, saying a high turnout would only serve to legitimise the Islamic Republic.



Source link

Tags: diplomathardlineIransmoderatepresidentialrunoffsoleSquare
ShareTweetShare
Previous Post

From finfluencer crackdown to F&O stock entry, exit tweaks, top 10 decisions from Sebi board meeting

Next Post

The Impact of Interest Rates on Economic Growth: An Austrian Perspective

Related Posts

Navigator targets higher Q2 terminal throughput and expands M buyback amid strong Q1 cash flows (NYSE:NVGS)

Navigator targets higher Q2 terminal throughput and expands $50M buyback amid strong Q1 cash flows (NYSE:NVGS)

by theadvisertimes.com
May 16, 2025
0

Seeking Alpha's Disclaimer: The earnings call insights are compilations of earnings call transcripts and other content available on the Seeking...

Indian stock market: Markets surge over 1.5% amid optimism over US-India trade deal

Indian stock market: Markets surge over 1.5% amid optimism over US-India trade deal

by theadvisertimes.com
May 15, 2025
0

Mumbai: Indian benchmark indices ended over 1.5% higher on Thursday, recovering from a weak opening, with the Nifty closing above...

Glenview Capital’s Q1 moves include new stakes in Meta, Disney, exiting Microsoft

Glenview Capital’s Q1 moves include new stakes in Meta, Disney, exiting Microsoft

by theadvisertimes.com
May 15, 2025
0

May 15, 2025 7:34 PM ETMeta Platforms, Inc. (META) Stock, DIS Stock, MSFT Stock, AMZN StockEXPE, TEVA, UAL, PYPL, UBER,...

A brain-dead Georgia woman has been kept alive since February in order to carry a fetus to birth

A brain-dead Georgia woman has been kept alive since February in order to carry a fetus to birth

by theadvisertimes.com
May 15, 2025
0

A pregnant woman in Georgia was declared brain-dead after a medical emergency and doctors have kept her on life support...

Delta drops ‘basic economy’ label in rework of fare categories

Delta drops ‘basic economy’ label in rework of fare categories

by theadvisertimes.com
May 15, 2025
0

Delta Air Lines Inc. will stop selling tickets under the “basic economy” label that many large carriers have adopted in...

Saudi Arabia’s 0 billion promise to the U.S. needs oil prices to stay high—which will likely anger Trump

Saudi Arabia’s $600 billion promise to the U.S. needs oil prices to stay high—which will likely anger Trump

by theadvisertimes.com
May 15, 2025
0

Saudi Arabia promised to invest $600 billion in the U.S. during President Donald Trump’s trip there. But the kingdom is...

Next Post
The Impact of Interest Rates on Economic Growth: An Austrian Perspective

The Impact of Interest Rates on Economic Growth: An Austrian Perspective

Robbins Geller Rudman & Dowd LLP Announces that Teladoc Health, Inc. Investors with Substantial Losses Have Opportunity to Lead Case By Investing.com

Robbins Geller Rudman & Dowd LLP Announces that Teladoc Health, Inc. Investors with Substantial Losses Have Opportunity to Lead Case By Investing.com

  • Trending
  • Comments
  • Latest
Prytek buys control of Israel fintech co TipRanks

Prytek buys control of Israel fintech co TipRanks

August 15, 2024
Relationship tips for financial advisors to educate clients

Relationship tips for financial advisors to educate clients

May 6, 2025
How advisors can help investors prepare for the unknowns

How advisors can help investors prepare for the unknowns

May 5, 2025
Rocky Mountain Chocolate Factory outlines growth strategy By Investing.com

Rocky Mountain Chocolate Factory outlines growth strategy By Investing.com

July 16, 2024
Wealth management challenges in talent, private investing

Wealth management challenges in talent, private investing

May 14, 2025
The risks of investing in private equity

The risks of investing in private equity

May 8, 2025

More Fronts in the War on Prices

0
Navigator targets higher Q2 terminal throughput and expands M buyback amid strong Q1 cash flows (NYSE:NVGS)

Navigator targets higher Q2 terminal throughput and expands $50M buyback amid strong Q1 cash flows (NYSE:NVGS)

0
Applied Materials Q2 earnings rise on higher revenues, beat estimates

Applied Materials Q2 earnings rise on higher revenues, beat estimates

0
Is the PEG Ratio a Reliable Market-Timing Tool?

Is the PEG Ratio a Reliable Market-Timing Tool?

0
Solar Panel Types: What to Know

Solar Panel Types: What to Know

0
What’s in the name: How sous-chef, kitchen’s quiet MVP, became the branding blueprint for this Amsterdam startup

What’s in the name: How sous-chef, kitchen’s quiet MVP, became the branding blueprint for this Amsterdam startup

0
Navigator targets higher Q2 terminal throughput and expands M buyback amid strong Q1 cash flows (NYSE:NVGS)

Navigator targets higher Q2 terminal throughput and expands $50M buyback amid strong Q1 cash flows (NYSE:NVGS)

May 16, 2025
Costco Rolls Out Affirm Partnership to Help Members Finance Big-Ticket Items

Costco Rolls Out Affirm Partnership to Help Members Finance Big-Ticket Items

May 15, 2025
Surprising Link Between XRP And Crude Oil Revealed By Analyst

Surprising Link Between XRP And Crude Oil Revealed By Analyst

May 15, 2025
Indian stock market: Markets surge over 1.5% amid optimism over US-India trade deal

Indian stock market: Markets surge over 1.5% amid optimism over US-India trade deal

May 15, 2025
Walmart can absorb tariffs, fmr. U.S. CEO Simon questions price hikes

Walmart can absorb tariffs, fmr. U.S. CEO Simon questions price hikes

May 15, 2025
Glenview Capital’s Q1 moves include new stakes in Meta, Disney, exiting Microsoft

Glenview Capital’s Q1 moves include new stakes in Meta, Disney, exiting Microsoft

May 15, 2025
theadvisertimes.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Navigator targets higher Q2 terminal throughput and expands $50M buyback amid strong Q1 cash flows (NYSE:NVGS)
  • Costco Rolls Out Affirm Partnership to Help Members Finance Big-Ticket Items
  • Surprising Link Between XRP And Crude Oil Revealed By Analyst
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • About Us
  • Contact Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.