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The Intelligence from The Economist

Not-deciding factor: Iran’s supreme leader

The Intelligence from The Economist

The Economist

News, Daily News, Global News

4.63.6K Ratings

🗓️ 26 June 2025

⏱️ 26 minutes

🧾️ Download transcript

Summary

We examine the path of Ayatollah Ali Khamenei, once a bookish cleric underrated by everyone—including himself. He has hung on to power perhaps in part by not making decisions at crucial points. Our finance correspondent looks at the shifting wisdom on how best to manage an inheritance. And why India’s addresses are so long, complex and ultimately costly.


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Transcript

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0:00.0

Blockchain. Crypto. It's happening to investments, currency, food trucks. Yes, payments are possible

0:06.2

with crypto now. But it's not just happening to tortilla chips. Also, microchips. You can trade

0:11.8

tokenized real world and digital assets. So it's happening to assets, trading, industries,

0:17.4

economies, and pretty much everything else. And it's happening with Ripple.

0:22.2

For informational purposes only, not an offer or inducement.

0:24.9

For investment professionals and high net worth companies,

0:27.1

FSMA 2000 financial promotion order.

0:33.1

The Economist.

0:45.6

Thank you. The Economist Hello and welcome to the intelligence from The Economist. And I'm Jason Palmer.

0:46.8

And I'm Rosie Bloor.

0:48.2

Every weekday, we provide a fresh perspective on the event shaping your world.

0:58.0

Trillion. on the event shaping your world. Trillions of dollars will be inherited globally this year.

1:01.0

Trillions with a T.

1:03.0

But for most people, that won't mean inheriting billions with a B.

1:07.0

It'll be more like the value of a home.

1:10.0

We discuss how heirs can make sure they don't blow it,

1:12.6

whatever the number.

1:13.6

And in India, people get lost a lot. And that's not just because the sprawling cities are changing fast and many streets have no names.

1:22.6

It's also because the median postcode covers 90 square kilometers.

1:30.3

First up, though.

1:39.3

In order to understand what comes next in Iran, I think you have to understand the country's

1:49.3

supreme leader Ayatollah Ali Hamenei.

...

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