Iranians Vote For Their Next President: Here Is What’s At Stake

By Tyler Durden

Four years after its last election in 2013, today Iran is voting to choose its next president, and like four years ago the biggest issue again is the local economy, although in a new twist this year the outcome of the election will also determine how Iran will react to deteriorating relations and rising tensions with the US under president Trump, who at least during his campaign speeches, vowed to undo Obama’s landmark nuclear deal with Iran.

Today’s race, which due to a last minute “rush of voters” saw voting extended by two hours, comes down to a contest between two challengers: the incumbent moderate President Hassan Rouhani – who helped negotiate the 2015 nuclear deal between Iran and the US, in the process lifting economic sanctions imposed upon Iran years earlier in exchange for curbs on its nuclear program – and his main hard-line challenger, Ebrahim Raisi, a conservative cleric and the custodian of a religious charity worth tens of billions of who however dollars, lacks political experience but is close to Iran’s Supreme Leader Ayatollah Ali Khamenei, as the WSJ notes.

In some ways, Iran’s president is a figurehead, as most critical decisions in the Shi’ite nation …read more

Source:: ZeroHedge