Kerryyn Richmond-Jones

Change of heart surgeon: Iran’s reformist president

Jason Palmer, Rosie Bloor, Nicholas Pelham, Kerryyn Richmond-Jones, Anjani Trivedi

Reformist heart surgeon Massoud Pezeshkian secured the Iranian presidency with 16 million votes following the fatal helicopter crash of Ebrahim Raisi, promising social liberalization and Western negotiations while navigating deep public distrust and hardline security constraints. Simultaneously, Ukraine faces a critical $20 billion private debt deadline as a negotiation deadlock between proposed 60% and 22% write-downs threatens default amidst a shrinking economy and uncertain post-war outlook. In a contrasting shift of capital flows, over 7,000 global millionaires selected Dubai as their primary destination this year, drawn by tax advantages and regulatory transparency following the UAE's exit from the FATF grey list.