Iran’s new president; US political media mystery

Iran
US
election
finance
admin
Author

Ben

Published

July 16, 2024

Iran’s new president

“Iran’s New President Promises Changes. Can He Deliver?”

  • “Masoud Pezeshkian, a widowed doctor, portrays himself as a reformer who can bring social and economic shifts.” “He has portrayed himself as a modern leader for a new era in Iran, a religious man who considered his wife an equal partner when she was alive.”

    • He “has sought to come across not as a disrupter but as a more pragmatic fixer.” To be a fixer though, he “will have to bargain with Mr. Khamenei.”

    • He is “Iran’s most credentialed president” with the academic background and foreign-language fluency–and training in Harvard. He was also a student activist during the revolution and a volunteer surgeon during the Iran-Iraq war.

  • In a column, he described his foreign policy as ‘opportunity-driven.’ The ties with China and Russia are emphasized; the cooperation with Europe is open; but wouldn’t back down to the US pressure. (in an optimistic interpretation, the last one would be more of face-saving?)

  • Critics say his reform agendas are limited against the deeply entrenched Iranian establishment.

BOA problems

“Bank of America profits fall as it pushes up provision for bad loans”

  • “BofA’s profits fell 7 per cent to $6.9bn, [though] a smaller drop than the 10 per cent analysts had projected.” Their “interest income fell for the third quarter in a row” despite the growth in other areas of Wall Street activities.

  • In essence, an indicator showing “strain of higher rates on banks and borrowers”

Not news: bothsidesism mystery

It is really a great mystery (and thus pure pain to me who’s too partisan and emotionally invested to remain a simple bystander) as to how bothsidesism is prevalent in the election year mainstream news media in the United States and beyond. I can only conjecture that the real culprit is the desk given that the contents aren’t as extremely normalizing the far-right as the titles and images. Nonetheless, the extent to which the media avoid confronting the apparent anti-democratic and rule-breaking aspect of the American far right is mind-boggling.