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| Syria-Lebanon-Iran |
| Iran President's future in doubt as MPs rebel |
| 2007-01-16 |
| Iran's president, Mahmoud Ahmadinejad, has suffered a potentially fatal blow to his authority after the country's supreme leader gave an apparent green light for MPs to attack his economic policies. In an unprecedented rebuke, 150 parliamentarians signed a letter blaming Mr Ahmadinejad for raging inflation and high unemployment and criticising his government's failure to deliver the budget on time. They also condemned him for embarking on a tour of Latin America - from which he returns tomorrow - at a time of mounting crisis. The signatories included a majority of the president's former fundamentalist allies, now apparently seeking to distance themselves as his prestige wanes. |
| Posted by:Anonymoose |
| #5 It will do my heart some good to see this guy sacked. Not that the replacement will be any better, but at least the midget will get dumped on. |
| Posted by: Mike N. 2007-01-16 16:20 |
| #4 Is there a market in pastachio futures? |
| Posted by: Shipman 2007-01-16 15:57 |
| #3 This sort of headline from today's news has a lot to do with it- AFX News Limited Oil plummets, New York crude surpasses last week's 19 month lows UPDATE 01.16.07, 11:16 AM ET It's hard to conquer the world with a one-note economy. Not that its going to stop them from trying. |
| Posted by: Baba Tutu 2007-01-16 12:36 |
| #2 I think Tehran are getting nervous re a possible US/Israrel Attack. Proves to me they only repond to force not dialogue. |
| Posted by: Ebbolump Glomotle9608 2007-01-16 11:26 |
| #1 at: http://www.tse.ir/qtp_27-04-2048/tse/ You can see a graph of the Tehran stock index. It is down about 30% since 2005 (with the decrease in the value of the currency, the real loss is more like 40%). Since virtually everyone (Mullah and non Mullah) in the Govt leadership has lots of stock (typically extorted from companies), you can imagine the unhappiness. If you had gone to all that work to steal equity and then had the govt. mismanage things to drive down the value of your holdings, well, that would tick you off wouldn't it. |
| Posted by: mhw 2007-01-16 09:12 |