Despite the summer season of passion in politics until the boil, and, mainly due to Iran. The political opposition, erupted after the election of President of the Islamic Republic vyvedshee and tens of thousands of Iranians on the street until you come to an end, but democracy in this whole situation is becoming less and less. The Council of the Revolution, as promised, has considered all of the claims of opposition and recalculated the vote, but except for some minor violations found nothing about what was said. Thus, the official victory in the elections with a significant superiority (previously reported 62.63% versus 33.75%) won Mahmoud Ahmadinejad, is still widespread opposition to statements already led to 17 confirmed victims of the authorities, declared outside the law. Severe reaction on the part of law and indeed have had the effect, and mass performances, according to news agencies, several poutihli. However, some sources refer that the split may have already spread to the political elite of the country. During demonstrations in the capital and the regions have been arrested and a person close to the influential Iranian politicians, in particular, several relatives of former Iranian President Ali Akbar Hashemi Rafsanjani, now head of the Iranian Council of Experts. This body elects the senior leaders of the country and has the right to replace him. All this gave the observers an opportunity to assume that the power crisis may be an unexpected twist: if the current government will not be able to restore its legitimacy, the Council of Experts could make unprecedented in the modern history of the decision to dismiss, Ayatollah Ali Khamenei, supports Ahmadinejad. Then, respectively, can be reviewed and the results of the election, but the probability of such a scenario does little.
Western countries on the developments in Iran reacted cautiously. And experts believe that in addition to democratic and legitimate to resolve the issue of transfer of power, it is unlikely that it will follow. First, the West is most concerned about the safety and security of nuclear facilities of the country, hence the early establishment of order in the country. Secondly, representing in this election reformers Moussaoui in terms of foreign policy orientation is unlikely to differ greatly from the current president, Mahmoud Ahmadinejad.
The second political the epicenter of last week, promised to become Russia's Yekaterinburg, where the two markets of interest to potential developments: the summit of Shanghai Cooperation Organization (SCO), the military-political bloc, with the participation of Russia, China and India and Iran as observers, and the first official meeting BRIC countries - Brazil, Russia, India and China. The last summit was particularly interesting because the participating countries to meet in Yekaterinburg has repeatedly hinted at a desire to reform the global financial system. This was, and the greater representation of developing economies in the financial architecture (primarily the IMF) and the diversification of world currencies, of course, by the rates of participating countries, possibly the yuan and rubles. But the summit did not bring any surprises the market, completing only a political declaration. Declared prior to discussion of the possibility of investing in government loans to each other did not happen. In any case, it sends agency Bloomberg, government bonds India, China and Russia are still inferior to the U.S. bond yield, with a skepticism about the leaders of developing economies have not commented.
Other political events of the past week:
| in the world. | Ekaterinburg hosted summit of the SCO and BRIC. |
| Africa. Nigeria | Action Movement for the Liberation of Niger Delta (MEND) have undermined the oil pipeline belonging to Agip. |
next week is expected to:
| in the world | Kazakhstan will host the summit of Euro-Atlantic Partnership Council (NATO - the organization of the partner countries). In Greece, will be a meeting of the NATO-Russia Council. in New York at the UN summit of world leaders will take place on the economic crisis. Italy will host the summit of Group of Eight on the stabilization of Afghanistan and Pakistan. |
| Europe. Albania | In Albania, will be held parliamentary elections. |
Overview of the foreign exchange market 24.06.09
Latin America: markets do not want to persist in the region capable of correcting
United States: SP 500 and Dow Jones,on the basis of the session broke up in the dynamics of
Europe: the fall metalloproizvoditeley and insurance companies exceeded the rise of retailers and utilities
Asia: the commodity sector has weakened regional indices, the Chinese banks are waiting for the new indulgence
Overview of the foreign exchange market 23.06.2009
Latin America: the indexes continue to follow on the heels of the price of Commodities
United States: World Bank led to sale at a discount on the stock exchanges
Credit unions started in shares