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Mojtaba Khamenei Emerges as Favoured Successor Amid Turbulent Power Shift

  56-year-old Mojtaba Khamenei (R) is the eldest son of slain Supreme Leader Ayatollah Ali Khamenei. Mojtaba Hosseini Khamenei, the son of Iran’s late Supreme Leader Ayatollah Ali Khamenei, has reportedly risen as the leading contender to assume his father’s position, according to multiple Iranian sources. Despite longstanding speculation about his political ambitions, Mojtaba has traditionally maintained a low public profile, exerting influence behind the scenes rather than through formal office. Recent reports indicate that he is alive and now strongly favoured by influential factions within the Islamic Republic’s power structure, particularly the Islamic Revolutionary Guard Corps (IRGC), which is said to have played a decisive role in shaping the succession process.  The Assembly of Experts, the constitutional body responsible for selecting Iran’s supreme leader, has reportedly convened to deliberate on the transition following Ali Khamenei’s death. Mojtaba’s deep ties to...

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Wall Street gains as Treasury market stabilizes, US government averts shutdown

 

On Friday, Wall Street saw gains as the Treasury market stabilized and the US government averted a shutdown. The S&P 500 index rose by 0.88% to 4,780.94 points, while the Dow Jones Industrial Average gained 0.54% to 37,468.61 points. The Nasdaq 100 index also rose by 1.47% to 16,982.29 points.

The US government avoided a partial shutdown, which helped stabilize the Treasury market. The yield on the 10-year Treasury steadied at 4.14%.

This is good news for investors, as the stock market continues to recoup the week’s earlier losses. The gains are expected to continue as companies continue to turn in better profits for the summer than expected.


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