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Iran's New Supreme Leader To Be Chosen Within 24 Hours: State Media
Iran's New Supreme Leader To Be Chosen Within 24 Hours: State Media
Iran could be hours away from installing a new supreme leader, with state Fars News reporting early Saturday that a successor may be selected within the next 24 hours, but there are signs of a potential factional power struggle - somewhat expected given the complex history of reform vs. hardline Islamic interpretations inside Iran.
The outlet cited sources within the Assembly of Experts, which is the 88-member body of Islamic jurists elected every eight years and tasked with choosing...
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'Could Resonate Globally': Korea Sparks Market Chaos With 'AI Tax' Threat
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Korean markets were under pressure overnight after politicians floated the idea of tapping AI profits.
Bloomberg reports that a top South Korean policymaker said the nation should pay citizens a 'dividend' using taxes on AI profits, with the obvious read through to Samsung and SK Hynix.
The comments in a Facebook post by presidential policy chief Kim Yong-beom fueled sharp swings in Korean stocks on Tuesday as investors struggled to parse the scope of the proposals.
“Excess profits in the AI era...
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