Iran's parliament voted on Sunday to impeach the economy minister following a sharp decline in the rial currency and the continuing deterioration of the country's economic situation.
Masoud Karbasian lost the vote of confidence, which was carried live on state radio, by 137 votes to 121, with two abstentions, becoming the second minister in President Hassan Rouhani's cabinet to be impeached this month.
He was summoned to parliament to explain his ministry's inadequate handling of the economic crisis, as he faces criticism for his failure to prepare the country's economy ahead of renewed US sanctions.
The impeachment comes after the United States reimposed economic sanctions on Iran over its nuclear programme and funding of proxy groups across the Middle East.
In early August, Iranian politicians voted out the Minister of Labour, Ali Rabiei, and last month Mr Rouhani replaced the head of the central bank.
Mr Rabiei lost a confidence motion in parliament by 129 votes to 111, giving the president three months to replace him. For years, Tehran has struggled with high rates of inflation and joblessness, despite a slight improvement following the 2015 nuclear deal with world powers, which lifted international sanctions and saw foreign investors rush to put their money into the country's economy.
Yet, with the United States abandoning the nuclear deal in May and reimposing sanctions, Mr Rouhani's hopes of attracting vast sums of foreign investment appear dead in the water.
Major European firms, including France's Total, Peugeot and Renault, and Germany's Siemens and Daimler, have all announced their departure since the US announcement.
Critics of Mr Rouhani's government say it squandered the opportunities presented by the nuclear deal, which now looks increasingly moribund after the US pulled out of the agreement in May and began reintroducing sanctions.
"Inefficiency and lack of planning have nothing to do with sanctions," said one conservative MP, Abbas Payizadeh, in a speech ahead of the vote.
"Wrong decisions have harmed the people and led to individuals looting public assets," Mr Payizadeh said.
Mr Rouhani, a political moderate, can still count on the support of a substantial reformist bloc in parliament, but even some of its key figures have grown disillusioned.
"What have we done with this nation? We made them miserable and wretched," said Elias Hazrati, of the reformist Hope faction in parliament.
"The middle class are moving towards poverty," Mr Hazrati said, who broke ranks to vote in favour of the impeachment.
Protests linked to the tough economic situation in the country began last December, spreading to more than 80 cities and towns and resulting in violent confrontations with security forces. Sporadic demonstrations, led by truck drivers, farmers and merchants in Tehran’s bazaar, continue to rock the country. Protesters have accused Iran's leaders of using state money to fund regional conflicts at the expense of its own people.
For the US, the re-imposition of sanctions allows Washington to focus on countering Iran's destabilising activities in the Middle East, particularly through Hezbollah, according to Republican Congressman Ted Budd, who serves on the House Financial Services Committee and its Terrorism and Illicit Finance Subcommittee.
However, Iran might seek to to circumvent sanctions through Qatar, Mr Budd warned in an article for Fox News on Sunday, recalling Doha's "continued support of state-sponsored terrorism efforts".
"It’s of increasing concern that Iranian banks are moving their foreign exchange operations to the Qatar National Bank. We know Iran’s access to foreign currencies is an essential part of the government’s funding and support for terrorism," he wrote.
"As our Treasury Department continues to bring back sanctions against Iran, the department should pay attention to these issues and keep a close watch over the actions of both the Qatari and Iranian governments, as well as Hezbollah’s illicit activities around the world."
Director: Nag Ashwin
Starring: Prabhas, Saswata Chatterjee, Deepika Padukone, Amitabh Bachchan, Shobhana
Rating: ★★★★
SUCCESSION SEASON 4 EPISODE 1
Created by: Jesse Armstrong
Stars: Brian Cox, Jeremy Strong, Kieran Culkin, Sarah Snook, Nicholas Braun
Rating: 4/5
Herc's Adventures
Developer: Big Ape Productions
Publisher: LucasArts
Console: PlayStation 1 & 5, Sega Saturn
Rating: 4/5
The biog
Favourite car: Ferrari
Likes the colour: Black
Best movie: Avatar
Academic qualifications: Bachelor’s degree in media production from the Higher Colleges of Technology and diploma in production from the New York Film Academy
In numbers
Number of Chinese tourists coming to UAE in 2017 was... 1.3m
Alibaba’s new ‘Tech Town’ in Dubai is worth... $600m
China’s investment in the MIddle East in 2016 was... $29.5bn
The world’s most valuable start-up in 2018, TikTok, is valued at... $75bn
Boost to the UAE economy of 5G connectivity will be... $269bn
Abu Dhabi GP schedule
Friday: First practice - 1pm; Second practice - 5pm
Saturday: Final practice - 2pm; Qualifying - 5pm
Sunday: Etihad Airways Abu Dhabi Grand Prix (55 laps) - 5.10pm
Off-roading in the UAE: How to checklist
What is safeguarding?
“Safeguarding, not just in sport, but in all walks of life, is making sure that policies are put in place that make sure your child is safe; when they attend a football club, a tennis club, that there are welfare officers at clubs who are qualified to a standard to make sure your child is safe in that environment,” Derek Bell explains.
THE SPECS
Engine: 3.6-litre V6
Transmission: eight-speed automatic
Power: 285bhp
Torque: 353Nm
Price: TBA
On sale: Q2, 2020
Company profile
Company name: Fasset
Started: 2019
Founders: Mohammad Raafi Hossain, Daniel Ahmed
Based: Dubai
Sector: FinTech
Initial investment: $2.45 million
Current number of staff: 86
Investment stage: Pre-series B
Investors: Investcorp, Liberty City Ventures, Fatima Gobi Ventures, Primal Capital, Wealthwell Ventures, FHS Capital, VN2 Capital, local family offices
DUNGEONS & DRAGONS: HONOR AMONG THIEVES
Directors: John Francis Daley and Jonathan Goldstein
Stars: Chris Pine, Michelle Rodriguez, Rege-Jean Page, Justice Smith, Sophia Lillis
Rating: 3/5
Company Profile
Company name: Namara
Started: June 2022
Founder: Mohammed Alnamara
Based: Dubai
Sector: Microfinance
Current number of staff: 16
Investment stage: Series A
Investors: Family offices
'Will of the People'
Artist: Muse
Label: Warner
Rating: 2.5/5
Specs: 2024 McLaren Artura Spider
Engine: 3.0-litre twin-turbo V6 and electric motor
Max power: 700hp at 7,500rpm
Max torque: 720Nm at 2,250rpm
Transmission: Eight-speed dual-clutch auto
0-100km/h: 3.0sec
Top speed: 330kph
Price: From Dh1.14 million ($311,000)
On sale: Now
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.
Anna and the Apocalypse
Director: John McPhail
Starring: Ella Hunt, Malcolm Cumming, Mark Benton
Three stars
TWISTERS
Director: Lee Isaac Chung
Starring: Glenn Powell, Daisy Edgar-Jones, Anthony Ramos
Rating: 2.5/5
COMPANY PROFILE
Company: Eco Way
Started: December 2023
Founder: Ivan Kroshnyi
Based: Dubai, UAE
Industry: Electric vehicles
Investors: Bootstrapped with undisclosed funding. Looking to raise funds from outside
SERIES INFO
Afghanistan v Zimbabwe, Abu Dhabi Sunshine Series
All matches at the Zayed Cricket Stadium, Abu Dhabi
Test series
1st Test: Zimbabwe beat Afghanistan by 10 wickets
2nd Test: Wednesday, 10 March – Sunday, 14 March
Play starts at 9.30am
T20 series
1st T20I: Wednesday, 17 March
2nd T20I: Friday, 19 March
3rd T20I: Saturday, 20 March
TV
Supporters in the UAE can watch the matches on the Rabbithole channel on YouTube
Company profile
Name:+Dukkantek
Started:+January 2021
Founders:+Sanad Yaghi, Ali Al Sayegh and Shadi Joulani
Based:+UAE
Number of employees:+140
Sector:+B2B Vertical SaaS(software as a service)
Investment:+$5.2 million
Funding stage:+Seed round
Investors:+Global Founders Capital, Colle Capital Partners, Wamda Capital, Plug and Play, Comma Capital, Nowais Capital, Annex Investments and AMK Investment Office
ENGLAND WORLD CUP SQUAD
Eoin Morgan (captain), Moeen Ali, Jonny Bairstow, Jos Buttler (wicketkeeper), Tom Curran, Joe Denly, Alex Hales, Liam Plunkett, Adil Rashid, Joe Root, Jason Roy, Ben Stokes, David Willey, Chris Woakes, Mark Wood
SPECS
Engine: Twin-turbocharged 4-litre V8
Power: 625 bhp
Torque: 630Nm
On sale: Now
Price: From Dh974,011
The specs
Engine: 1.8-litre 4-cyl turbo
Power: 190hp at 5,200rpm
Torque: 320Nm from 1,800-5,000rpm
Transmission: Seven-speed dual-clutch auto
Fuel consumption: 6.7L/100km
Price: From Dh111,195
On sale: Now
ASIAN RUGBY CHAMPIONSHIP 2024
Results
Hong Kong 52-5 UAE
South Korea 55-5 Malaysia
Malaysia 6-70 Hong Kong
UAE 36-32 South Korea
Fixtures
Friday, June 21, 7.30pm kick-off: UAE v Malaysia
At The Sevens, Dubai (admission is free).
Saturday: Hong Kong v South Korea
MATCH INFO
Uefa Champions League final:
Who: Real Madrid v Liverpool
Where: NSC Olimpiyskiy Stadium, Kiev, Ukraine
When: Saturday, May 26, 10.45pm (UAE)
TV: Match on BeIN Sports
The story of Edge
Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, established Edge in 2019.
It brought together 25 state-owned and independent companies specialising in weapons systems, cyber protection and electronic warfare.
Edge has an annual revenue of $5 billion and employs more than 12,000 people.
Some of the companies include Nimr, a maker of armoured vehicles, Caracal, which manufactures guns and ammunitions company, Lahab
SPEC SHEET
Processor: Apple M2, 8-core GPU, 10-core CPU, 16-core Neural Engine
Display: 13.3-inch Retina, 2560 x 1600, 227ppi, 500 nits, True Tone, wide colour
Memory: 8/16/24GB
Storage: 256/512GB / 1/2TB
I/O: Thunderbolt 3 (2), 3.5mm audio; Touch Bar with Touch ID
Connectivity: Wi-Fi 6, Bluetooth 5.0
Battery: 58.2Wh lithium-polymer, up to 20 hours
Camera: 720p FaceTime HD
Video: Support for HDR with Dolby Vision, HDR10, ProRes
Audio: Stereo speakers with HDR, wide stereo, Spatial Audio support, Dolby support
In the box: MacBook Pro, 67W power adapter, USB-C cable
Price: From Dh5,499