Iran Presidential Hopefuls Debate Economy Ahead of Election

Presidential candidate Mohammad Bagher Ghalibaf speaks during a campaign event in Tehran, Iran June 18, 2024. Majid Asgaripour/WANA (West Asia News Agency) via Reuters
Presidential candidate Mohammad Bagher Ghalibaf speaks during a campaign event in Tehran, Iran June 18, 2024. Majid Asgaripour/WANA (West Asia News Agency) via Reuters
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Iran Presidential Hopefuls Debate Economy Ahead of Election

Presidential candidate Mohammad Bagher Ghalibaf speaks during a campaign event in Tehran, Iran June 18, 2024. Majid Asgaripour/WANA (West Asia News Agency) via Reuters
Presidential candidate Mohammad Bagher Ghalibaf speaks during a campaign event in Tehran, Iran June 18, 2024. Majid Asgaripour/WANA (West Asia News Agency) via Reuters

The six candidates vying to succeed ultraconservative president Ebrahim Raisi, who died in a helicopter crash, focused on revitalizing Iran's sanctions-hit economy in their first debate ahead of next week's election.

The contenders -- five conservatives and a sole reformer -- faced off in a four-hour live debate, vowing to address the financial challenges affecting the country's 85 million people.

Originally slated for 2025, the election was moved forward after Raisi's death on May 19 in a helicopter crash in northern Iran.

Long before the June 28 election, Iran had been grappling with mounting economic pressures, including international sanctions and soaring inflation.

"We will strengthen the economy so that the government can pay salaries according to inflation and maintain their purchasing power," conservative presidential hopeful Mohammad Bagher Ghalibaf said.

Ghalibaf, Iran's parliament speaker, also pledged to work towards removing crippling US sanctions reimposed after then US president Donald Trump withdrew from the 2015 nuclear deal.

Iran's economy grew by 5.7 percent in the year to March 2024, with authorities targeting a further eight percent growth this year, driven by hydrocarbon exports.

The sole reformist candidate, Massoud Pezeshkian, said he would seek to build regional and global relations to achieve this growth.

He also called for easing internet restrictions in the country where Facebook, Instagram, Telegram and X are among the social media platforms banned.

Reformists, whose political influence has waned in the years since the 1979 revolution, have fallen in behind Pezeshkian after other moderate hopefuls were barred from standing.

Ultraconservative former nuclear negotiator Saeed Jalili, however, said Iran did not need to repair its relations with the West.

He took aim at Trump, saying his policy of "maximum pressure" against Iran had "failed miserably".

- 'Maximum pressure' -

In the absence of opinion polls, Ghalibaf, Jalili and Pezeshkian are seen as the frontrunners for Iran's second highest-ranking job.

Ultimate authority in the state is wielded by the supreme leader rather the president with 85-year-old Ali Khamenei holding the post for 35 years.

Incumbent Vice President Amirhossein Ghazizadeh-Hashemi said during the debate he would seek to lower inflation following a "political leadership style similar to that of Martyr Raisi."

Raisi easily won Iran's 2021 election in which no reformist or moderate figures were allowed to run. Backed by Khamenei he had been tipped to possibly replace the supreme leader.

Iran’s relations with the West continued to suffer, particularly following the outbreak of the October 7 Gaza war.

Tehran's support for the Palestinian armed group Hamas, coupled with ongoing diplomatic tensions over Iran's nuclear program have hastened the decline.

Mostafa Pourmohammadi, the only cleric in the running, blamed international sanctions for "blocking the economy" and "making financial transactions impossible".

Tehran's conservative mayor, Alireza Zakani, said the US sanctions were "cruel" but were not the main problem behind Iran's economic hardship.

"We should emphasize the economic independence of the country, de-dollarize the economy and rely on our own national currency," he said.



Taiwan Reports Chinese Balloon, First Time in Six Months

A woman holds flags amid celebrations of the 130th foundation anniversary of Taiwan's largest opposition party Kuomintang (KMT), in Taoyuan, Taiwan November 24, 2024. (Reuters)
A woman holds flags amid celebrations of the 130th foundation anniversary of Taiwan's largest opposition party Kuomintang (KMT), in Taoyuan, Taiwan November 24, 2024. (Reuters)
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Taiwan Reports Chinese Balloon, First Time in Six Months

A woman holds flags amid celebrations of the 130th foundation anniversary of Taiwan's largest opposition party Kuomintang (KMT), in Taoyuan, Taiwan November 24, 2024. (Reuters)
A woman holds flags amid celebrations of the 130th foundation anniversary of Taiwan's largest opposition party Kuomintang (KMT), in Taoyuan, Taiwan November 24, 2024. (Reuters)

Taiwan's defense ministry on Monday reported that a Chinese balloon had been detected over the sea to Taiwan's north, the first time since April it has reported such an incident in what Taipei views as part of a pattern of harassment by Beijing.

Taiwan, which China claims as its own territory, complained that in the weeks leading up to its presidential election in January Chinese balloon activity took place at an "unprecedented scale".

It described the incidents as part of a Chinese pressure campaign - so-called grey-zone warfare designed to exhaust a foe using irregular tactics without open combat.

Taiwan strongly objects to China’s sovereignty claims and says only the island’s people can decide their future.

The ministry, in its regular morning update on Chinese military activities over the previous 24 hours, said the single balloon was detected at 6:21 p.m. (1021 GMT) on Sunday 60 nautical miles (111 km) to the north of Taiwan's Keelung port.

It then vanished some two hours later, having flown at an altitude of 33,000 ft (10,000 meters), but without crossing Taiwan itself, the ministry said.

China's defense ministry did not respond to a request for comment.

China has previously dismissed Taiwan's complaints about the balloons, saying they were for meteorological purposes and should not be hyped up for political reasons.

The potential for China to use balloons for spying became a global issue last year when the United States shot down what it said was a Chinese surveillance balloon. China said the balloon was a civilian craft that accidentally drifted astray.