Were the polls rigged? God knows or Ahmadinejad’s men know the truth. A re-election is what the public lead by the opposition leaders demand. There is chaos in the capital. Major international powers are calling for a peaceful solution to the crisis. But the blogs and social networking sites are confirming multiple deaths due to police and Basiji Militia actions.
With Iraq already boiling for over six years and now Iran joining the boiling pot the region has become unstable. We were discussing improvements in Arab Market but the current tension does not seem to help undo the tide of recession. If the situation continues we will only see a further decline in economy. Being the two most important nations bordering the Arab world and having direct and intense trade relation with Arab nations.
Political unrest is bad for economy. The market looses the trust of investors. Foreign investors are difficult to retain under such circumstances. They need to be assured that their investments are going to be safe. But how are we going to do that when the people are fighting the government on the streets. Corruption has to be killed before we aim for a better nation not just a strong economy.
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