Rumors Of Mahmoud's Demise Have Been Greatly Exaggerated?

October 2008 | Political Risk Alert

Although the reports that President Mahmoud Ahmadinejad has fallen ill due to 'exhaustion' have fuelled speculation over whether he will stand in next June's presidential elections, we maintain our core view that he will indeed run for another four-year term. With inflation hitting nearly 30% y-o-y in September, unemployment officially over 10% (and likely far higher), and the government's finances set to feel the pinch of lower oil prices, Ahmadinejad's economic mismanagement is likely to be a key, if not

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