Tag: Hassan Rouhani

  • Iran votes in presidential poll tipped in hardliner’s favour

    Iran votes in presidential poll tipped in hardliner’s favour

    Dubai (TIP): Iran began voting June 17 in a presidential election tipped in the favour of a hard-line protege of Supreme Leader Ayatollah Ali Khamenei, fuelling public apathy and sparking calls for a boycott in the Islamic Republic. State-linked opinion polling and analysts put hard-line judiciary chief Ebrahim Raisi as the dominant front-runner in a field of just four candidates.

    Former Central Bank chief, Abdolnasser Hemmati, is running as the race’s moderate candidate but hasn’t inspired the same support as outgoing President Hassan Rouhani, who is term limited from seeking the office again.

    If elected, Raisi would be the first serving Iranian president sanctioned by the US government even before entering office over his involvement in the mass execution of political prisoners in 1988, as well as his time as the head of Iran’s internationally criticised judiciary—one of the world’s top executioners.

    It also would firmly put hardliners in control across the Iranian government as negotiations in Vienna continue over trying to save Tehran’s tattered nuclear deal with world powers as it enriches uranium to the closest point yet to weapons-grade levels.

    Tensions remain high with both the US and Israel, which is believed to have carried out a series of attacks targeting Iranian nuclear sites and assassinating the scientist who created its military atomic programme decades earlier.

    Polls opened at 7 am local time for the vote, which has seen widespread public apathy after a panel under Khamenei barred hundreds of candidates, including reformists and those aligned with Rouhani. Khamenei cast the ceremonial vote from Tehran.

    There are more than 59 million eligible voters in Iran, a nation home to over 80 million people. However, the state-linked Iranian Student Polling Agency has estimated a turnout of just 42 per cent, which would be the lowest ever since the country’s 1979 Islamic Revolution. (AP)

  • Iran bans cryptocurrency mining for 4 months after blackouts

    Iran’s President Hassan Rouhani on Wednesday announced a four-month ban on all cryptocurrency mining, a day after his energy minister apologised for unplanned power cuts in major cities.

    Iranian officials have regularly blamed unlicensed cryptocurrency miners for using vast amounts of electricity.

    “Cryptocurrency activities and mining cryptocurrencies must be stopped” until September 22, Rouhani said in televised remarks.

    Power cuts in the peak summer months are not uncommon in Iran, but Tehran and several other major cities were hit by unplanned blackouts late last week, sparking complaints from consumers and businesses.

    Iran started rolling blackouts from Sunday to reduce the pressure on the national grid.

    Rouhani said “illegal” miners who usually have access to subsidised electricity consume between six and seven times more power than those with permits.

    Energy Minister Reza Ardakanian apologised to Iranians on Tuesday for “shortcomings and pressures” over the surprise blackouts. He said the national grid was overburdened due to a drought impacting hydropower generation and unexpectedly warm weather causing a surge in demand for air conditioning.

    National electricity company spokesman Mostafa Rajabi Mashhadi said on Saturday that licensed cryptocurrency-mining farms had already voluntarily shut down operations to ease the burden.

    Profitably creating, or mining, bitcoin and other cryptocurrencies requires masses of computers dedicated to solving deliberately complicated equations — an endeavour that globally consumes more electricity than entire nations.

    According to consultant and expert on cryptocurrencies Michel Rauchs, about five to 10 percent of world bitcoin mining can be traced to Iran.