About This Source - Bloomberg QuickTake: Now
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It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.
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Bloomberg Quicktake: Now published this video item, entitled “Assad, in Power Since 2000, Claims Victory in Syria’s Presidential Election” – below is their description.
Entire cities lie in ruins, the economy is collapsing and more than half the population has been displaced, but Bashar al-Assad has emerged as the last man standing from Syria’s decade of war, having played off friend and foe to restore his grip over most of the country.
In power since 2000, Assad won a fourth seven-year term in Wednesday’s presidential election, claiming 95.1% of the vote. Though the ballot’s been dismissed by the U.S. and European nations as a sham, the Syrian leader’s been bolstered by moves to woo him back into the Arab fold, part of a broader realignment that’s seen Saudi Arabia work to ease tensions with Iran and tamp down conflicts across the Middle East.
Western sanctions on Syria mean Gulf countries are unlikely to invest significantly in reconstruction expected to cost $120 billion or more, at least for now, but even a diplomatic rapprochement would signal a remarkable shift in regional faultlines that once saw Iran and Saudi Arabia engaged in proxy conflicts from Syria, to Lebanon to Yemen.Bloomberg Quicktake: Now YouTube Channel
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In This Story: Iran
Iran is home to one of the world’s oldest civilizations, beginning with the formation of the Elamite kingdoms in the fourth millennium BC. The Iranian Revolution established the current Islamic Republic in 1979.
Iran’s political system combines elements of a presidential democracy and an Islamic theocracy. Iran is a founding member of the UN, ECO, OIC, and OPEC. It is a major regional and middle power and has large reserves of fossil fuels — including the world’s largest natural gas supply and the third largest proven oil reserves.
The country’s rich cultural legacy is reflected in part by its 22 UNESCO World Heritage Sites. Historically a multi-ethnic country, Iran remains a pluralistic society comprising numerous ethnic, linguistic, and religious groups, the largest being Persians, Azeris, Kurds, Mazandaranis and Lurs.
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In This Story: Lebanon
The official language, Arabic, is the most common language spoken by the citizens of Lebanon. Its capital is Beirut.
Lebanon was a founding member of the United Nations in 1945 and is a member of the Arab League (1945), the Non-Aligned Movement (1961), Organisation of the Islamic Cooperation (1969), and the Organisation internationale de la francophonie (1973).
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In This Story: Middle East
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In This Story: Saudi Arabia
Saudi Arabia also has one of the world’s youngest populations, with approximately 50 percent of its population of 34.2 million being under 25 years old.