Less than a month in office, Iranian President Masoud Pezeshkian has already found ways to disappoint his legion of supporters. One such instance was when he unveiled his cabinet on August 11.
Dr Pezeshkian had explicitly and repeatedly promised that youth, women and Sunni Muslims would be adequately represented in his team. It was an attempt to make up for the fact that Iran has had zero Sunnis and just one female minister since the 1979 revolution.
Despite his pledge to right this wrong, the President has picked no Sunnis and just one woman. At 48, Farzaneh Sadeq, who is due to take over the roads and urban planning portfolio, is also the youngest among his 19 picks. The average age of the cabinet is 60, making it the oldest since 1979.
What’s worse from the reformists’ viewpoint is that it also includes a number of conservatives, including three men who served in the late Ebrahim Raisi’s administration.
Former foreign minister Mohammad Javad Zarif, who headed the President’s transition team, has resigned in protest. The spokesperson of the Iranian Reformist Front, an umbrella of reformist parties whose endorsement helped Dr Pezeshkian secure his election victory, has expressed disappointment.
But the rationale behind these picks became clear on Wednesday, when the President went to the hardliner-dominated Parliament to seek its confirmation. While there, he repeatedly told MPs that his picks had the approval of the country’s supreme leader, Ayatollah Ali Khamenei, the powerful Islamic Revolutionary Guard Corps and the intelligence authorities.
In essence, the make-up of the cabinet wasn’t his choice alone.
He pointed out that Mr Khamenei had approved several of his choices, including those critiqued by many MPs, such as Abbas Araghchi who is due to take over as foreign minister. He also insisted that his cabinet included people who had served under the centrist Hassan Rouhani as well as those who had worked with conservatives such as Mahmoud Ahmadinejad and Mr Raisi.
In other words, he claimed, his was a “national consensus” cabinet.
The inability of the hardline MPs to block any of Pezeshkian’s picks is a source of frustration for them
Several MPs protested against the lack of representation. “Can you realise your promise of national consensus while excluding 15 million Sunnis – including Kurds, Baluch and Turkmens?” a Sunni Kurdish MP quipped. Dr Pezeshkian, in a nod to his base, acknowledged that many Iranians were unhappy with the status quo.
That said, there are notable reformists in the cabinet. Incoming finance minister Abdolnaser Hemmati and culture minister Abbas Salehi, both of whom also served under Mr Rouhani, are prominent figures. There are others, too.
Ahmad Meydari, the incoming labour and welfare minister, was labelled by one MP as an extremist for his controversial past as a legislator and for co-signing a harshly critical letter to Mr Khamenei in 2002. The appointment of Hamidreza Zafarqandi, the new health minister, was also met with harsh criticism from some circles for his protest against the disqualification of reformist candidates in the run-up to this year’s parliamentary election.
In the end, Parliament confirmed all the reformists. In fact, it approved all 19 names – for the first time since 2004, when the reformist Mohammad Khatami’s picks got full backing from a reformist-dominated Majlis.
Several names that Dr Pezeshkian put forth even secured more than 90 per cent of the vote, with Brig Gen Aziz Nasirzadeh, the incoming defence minister, getting 281 out of the 288 votes – the most in the Islamic Republic’s history. As a former air force commander who flew sorties during the Iran-Iraq War in the 1980s, Gen Aziz Nasirzadeh is popular across the political spectrum.
The inability of the hardline MPs to block any of Dr Pezeshkian’s picks is undoubtedly a source of frustration for them.
The President’s presentation, especially his appeal to Mr Khamenei’s authority, clearly worked. But his success was possible also because of Speaker Mohammad Bagher Ghalibaf’s efforts – to help identify some of the cabinet picks as well as to marshal the votes in Parliament. By doing so, Mr Ghalibaf has gone from being a one-time election rival of the President to an ally of his. His decision to aid the President stems in part due to his opposition to many of the hardliners in his own camp. This is an interesting development, as both figures appear to have formed an alliance aimed at prioritising good governance over getting caught up in the demands being made by reformists as well as hardliners.
Several critics of the hardliners have welcomed this new partnership. “All lovers of Iran should know that this country will only see days of calm when extremists have been isolated in every field,” the centrist news outlet Asr Iran wrote. “Pezeshkian’s government is the last hope for the Iranian nation to free itself from the current adverse conditions.”
Of course, such pronouncements risk being exaggerated, as Dr Pezeshkian faces a tall order.
For example, Mr Araghchi, the new foreign minister, has promised to get international sanctions against Iran lifted and to improve the country’s ties with the world, a goal that is key to the President’s economic vision. And yet the new administration insists on continuing to support the Axis of Resistance militias and pursue a broadly anti-western foreign policy.
In Parliament this week, Dr Pezeshkian provided a list of challenges that the country faces, including corruption, poor relations with the rest of the region and the crippling sanctions. He pointed out that Iran was using less than 1 per cent of its capacities despite being at the “strategic core of global energy resources”.
Beyond pointing out the problems, however, he offered few solutions. But in a recent conversation, the exiled former MP Fatemeh Haghighatjoo told me that she was willing to give the new cabinet a chance.
“I’ll judge this government based on what it will do,” she said. “Let’s see if [for example] he’ll stop the enforcement of the mandatory hijab. We must give the cabinet at least six months to see what it can do.”
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Ophiolite: A section of the earth’s crust, which is oceanic in nature that has since been uplifted and exposed on land
Olivine: A commonly occurring magnesium iron silicate mineral that derives its name for its olive-green yellow-green colour
The White Lotus: Season three
Creator: Mike White
Starring: Walton Goggins, Jason Isaacs, Natasha Rothwell
Rating: 4.5/5
Film: In Syria
Dir: Philippe Van Leeuw
Starring: Hiam Abbass, Diamand Bo Abboud, Mohsen Abbas and Juliette Navis
Verdict: Four stars
The biog
Favourite book: Homegoing by Yaa Gyasi
Favourite holiday destination: Spain
Favourite film: Bohemian Rhapsody
Favourite place to visit in the UAE: The beach or Satwa
Children: Stepdaughter Tyler 27, daughter Quito 22 and son Dali 19
How does ToTok work?
The calling app is available to download on Google Play and Apple App Store
To successfully install ToTok, users are asked to enter their phone number and then create a nickname.
The app then gives users the option add their existing phone contacts, allowing them to immediately contact people also using the application by video or voice call or via message.
Users can also invite other contacts to download ToTok to allow them to make contact through the app.
French business
France has organised a delegation of leading businesses to travel to Syria. The group was led by French shipping giant CMA CGM, which struck a 30-year contract in May with the Syrian government to develop and run Latakia port. Also present were water and waste management company Suez, defence multinational Thales, and Ellipse Group, which is currently looking into rehabilitating Syrian hospitals.
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%3Cp%3EThe%20%3Cem%3ESafer%3C%2Fem%3E%20has%20been%20moored%20off%20the%20Yemeni%20coast%20of%20Ras%20Issa%20since%201988.%3Cbr%3EThe%20Houthis%20have%20been%20blockading%20UN%20efforts%20to%20inspect%20and%20maintain%20the%20vessel%20since%202015%2C%20when%20the%20war%20between%20the%20group%20and%20the%20Yemen%20government%2C%20backed%20by%20the%20Saudi-led%20coalition%20began.%3Cbr%3ESince%20then%2C%20a%20handful%20of%20people%20acting%20as%20a%20%3Ca%20href%3D%22https%3A%2F%2Fwww.google.ae%2Furl%3Fsa%3Dt%26rct%3Dj%26q%3D%26esrc%3Ds%26source%3Dweb%26cd%3D%26ved%3D2ahUKEwiw2OfUuKr4AhVBuKQKHTTzB7cQFnoECB4QAQ%26url%3Dhttps%253A%252F%252Fwww.thenationalnews.com%252Fworld%252Fmena%252Fyemen-s-floating-bomb-tanker-millions-kept-safe-by-skeleton-crew-1.1104713%26usg%3DAOvVaw0t9FPiRsx7zK7aEYgc65Ad%22%20target%3D%22_self%22%3Eskeleton%20crew%3C%2Fa%3E%2C%20have%20performed%20rudimentary%20maintenance%20work%20to%20keep%20the%20%3Cem%3ESafer%3C%2Fem%3E%20intact.%3Cbr%3EThe%20%3Cem%3ESafer%3C%2Fem%3E%20is%20connected%20to%20a%20pipeline%20from%20the%20oil-rich%20city%20of%20Marib%2C%20and%20was%20once%20a%20hub%20for%20the%20storage%20and%20export%20of%20crude%20oil.%26nbsp%3B%3C%2Fp%3E%0A%3Cp%3EThe%20%3Cem%3ESafer%3C%2Fem%3E%E2%80%99s%20environmental%20and%20humanitarian%20impact%20may%20extend%20well%20beyond%20Yemen%2C%20experts%20believe%2C%20into%20the%20surrounding%20waters%20of%20Saudi%20Arabia%2C%20Djibouti%20and%20Eritrea%2C%20impacting%20marine-life%20and%20vital%20infrastructure%20like%20desalination%20plans%20and%20fishing%20ports.%C2%A0%3C%2Fp%3E%0A
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The most expensive investment mistake you will ever make
When is the best time to start saving in a pension? The answer is simple – at the earliest possible moment. The first pound, euro, dollar or dirham you invest is the most valuable, as it has so much longer to grow in value. If you start in your twenties, it could be invested for 40 years or more, which means you have decades for compound interest to work its magic.
“You get growth upon growth upon growth, followed by more growth. The earlier you start the process, the more it will all roll up,” says Chris Davies, chartered financial planner at The Fry Group in Dubai.
This table shows how much you would have in your pension at age 65, depending on when you start and how much you pay in (it assumes your investments grow 7 per cent a year after charges and you have no other savings).
|
Age
|
$250 a month
|
$500 a month
|
$1,000 a month
|
|
25
|
$640,829
|
$1,281,657
|
$2,563,315
|
|
35
|
$303,219
|
$606,439
|
$1,212,877
|
|
45
|
$131,596
|
$263,191
|
$526,382
|
|
55
|
$44,351
|
$88,702
|
$177,403
|
In-demand jobs and monthly salaries
- Technology expert in robotics and automation: Dh20,000 to Dh40,000
- Energy engineer: Dh25,000 to Dh30,000
- Production engineer: Dh30,000 to Dh40,000
- Data-driven supply chain management professional: Dh30,000 to Dh50,000
- HR leader: Dh40,000 to Dh60,000
- Engineering leader: Dh30,000 to Dh55,000
- Project manager: Dh55,000 to Dh65,000
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- Senior process engineer: Dh28,000 to Dh38,000
- Senior maintenance engineer: Dh22,000 to Dh34,000
- Field engineer: Dh6,500 to Dh7,500
- Field supervisor: Dh9,000 to Dh12,000
- Field operator: Dh5,000 to Dh7,000
The biog
Name: Dhabia Khalifa AlQubaisi
Age: 23
How she spends spare time: Playing with cats at the clinic and feeding them
Inspiration: My father. He’s a hard working man who has been through a lot to provide us with everything we need
Favourite book: Attitude, emotions and the psychology of cats by Dr Nicholes Dodman
Favourit film: 101 Dalmatians - it remind me of my childhood and began my love of dogs
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US households add $601bn of debt in 2019
American households borrowed another $601 billion (Dh2.2bn) in 2019, the largest yearly gain since 2007, just before the global financial crisis, according to February data from the New York Federal Reserve Bank.
Fuelled by rising mortgage debt as homebuyers continued to take advantage of low interest rates, the increase last year brought total household debt to a record high, surpassing the previous peak reached in 2008 just before the market crash, according to the report.
Following the 22nd straight quarter of growth, American household debt swelled to $14.15 trillion by the end of 2019, the New York Fed said in its quarterly report.
In the final three months of the year, new home loans jumped to their highest volume since the fourth quarter of 2005, while credit cards and auto loans also added to the increase.
The bad debt load is taking its toll on some households, and the New York Fed warned that more and more credit card borrowers — particularly young people — were falling behind on their payments.
"Younger borrowers, who are disproportionately likely to have credit cards and student loans as their primary form of debt, struggle more than others with on-time repayment," New York Fed researchers said.
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Squid Game season two
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Another way to earn air miles
In addition to the Emirates and Etihad programmes, there is the Air Miles Middle East card, which offers members the ability to choose any airline, has no black-out dates and no restrictions on seat availability. Air Miles is linked up to HSBC credit cards and can also be earned through retail partners such as Spinneys, Sharaf DG and The Toy Store.
An Emirates Dubai-London round-trip ticket costs 180,000 miles on the Air Miles website. But customers earn these ‘miles’ at a much faster rate than airline miles. Adidas offers two air miles per Dh1 spent. Air Miles has partnerships with websites as well, so booking.com and agoda.com offer three miles per Dh1 spent.
“If you use your HSBC credit card when shopping at our partners, you are able to earn Air Miles twice which will mean you can get that flight reward faster and for less spend,” says Paul Lacey, the managing director for Europe, Middle East and India for Aimia, which owns and operates Air Miles Middle East.