The Latest from Iran (24 January): Watching Carefully

2200 GMT: And, on the political front, Mehdi Karroubi's Etemade Melli party has issued a statement calling for the holding of a free election and permission to stage demonstrations.

Etemade Melli, via the Saham News website, repeated that Karroubi had the material to back up his accusations of detainee abuse: "It is necessary for you to know that Mr. Karroubi is standing firm and tall and has evidence for all his comments." it added in an address to the country's regime.

2145 GMT: Little hard news tonight, although rumours about Iran's economic situation continue to swirl. There is also nothing to clarify an increasingly complex domestic political contest.

One news item catches the eye, however:

A Russian banking delegation, headed by the deputy governor of the country's Central Bank, is due to visit Tehran on Monday, the Iranian envoy to Moscow announced on Saturday.

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"Deputy governor of Russia's Central Bank Melnikov and a number of officials from the other Russian banks will pay a visit to Iran on Monday in a bid to resolve banking issues and facilitate exchange and economic and trade activities between the two countries," Seyed Mahmoud Reza Sajjadi told [Fars News Agency].

The Russian delegation is scheduled to meet Deputy Governor of the Central Bank of Iran Pourmohammadi and managing directors of a number of Iranian banks to discuss ways to expand banking relations between the two states.

1745 GMT: Your Economic Update. Reuters has a useful English-language summary of President Ahmadinejad's budget presentation to the Iranian Parliament today. Kalemeh reports that the Central Bank has extended the deadline on the validity of banknotes marked with Green slogans, effectively allowing their circulation for the indefinite future. And Persian2English carries claims of difficulties with banks in Isfahan.

1535 GMT: Ayande News keeps up its recent jabbing at the Government and regime, asking why the Supreme Leader has SL dedicated 21 speeches to post-election events if this is not a crisis.

1530 GMT: Rezaei's Latest Manoeuvre. A valued EA correspondent reports on the latest speech by Presidential candidate (and possible Ahmadinejad opponent) Mohsen Rezaei, given to students in Gilan.

Rezaei, as his recent Press TV interview, maintained his distance from the opposition by emphasising that he made his complaints about the Presidential election within the law. At the same time he complained, "We still don’t know how to face the opposition group," and noted, "In some other countries, police keeps the opposition safe rather than attacking them." Rezaei also repeated his criticism of the "very weak" Ahmadinejad Government.

And a curious post-script: news of Rezaei's speech was on Tabnak, the website linked to him, but was removed after a few minutes.

1520 GMT: Head-Spinner. OK, I'm going to have this one to smarter people to interpret. According to Kalemeh, Davoud Ahmadinejad, the brother of the President and former head of the Investigation Office of Presidency, has labeled Presidential aide and ally Esfandiar Rahim-Mashai as an Israeli agent.

1510 GMT: Bank Issues. Peyke Iran supports Internet chatter with the story that shots have been fired at Bank Melli in the city of Ram Hormuz in southwestern Iran.

1340 GMT: The State of the Detainees. Fereshteh Ghazi has published a lengthy and wide-ranging article on those arrested after the election, including the detentions of family members of activists, the lack of information on Ashura and post-Ashura detainees for families and lawyers , and the health of prisoners such as former Foreign Minister Ebrahim Yazdi.

1210 GMT: Monica Luisa Macovei, a Romanian member of the European Parliament, has publicly declared in the Parliament, "I have decided to use most of my time for this intervention to highlight the names of people who, reportedly, are in detention in Iran, some convicted to death, for criticising the political regime or for defending civil rights."

Macovei mentioned the cases of five Ashura detainees charged with "mohareb" (war against God), the 33 Mothers of Mourning and supporters recently detained (almost all have been released), arrested members of the Committee of Human Rights Reporters, and other students who have been imprisoned. She asked, "What is the Commission or the Council going to do for the release of those imprisoned for political purposes? What funding does the Commission provide to human rights NGOs working on Iran?"

1150 GMT: The Standard Warning. The head of Iran's judiciary, Sadegh Larijani, has again warned of those seeking to create divisions within Iranian society, announcing that the Ministry of Culture and Islamic Guidance will be more vigilant in monitoring and punishing publications over false information.

1140 GMT: Blowing Smoke. Unsurprising, given the political and economic contests around him, that President Ahmadinejad would put out this line today: he will have good news within days about Iran being able to produce enriched uranium of 20 percent (versus current levels of 3-4 percent), and this will make all in the Iranian nation very happy.

1025 GMT: For My Next Trick. It will be interesting to see if President Ahmadinejad can pull this off: amidst fears of inflation, he has proposed a rise of almost 25 percent in the Government budget, from $279 billion to $368 billion.

0910 GMT: We've posted a Sunday Special which we hope brings both news and a smile, "Iran and Israel: The Start of A Beautiful Friendship?".

0840 GMT: Ahmadinejad's Budget. The President has presented his budget proposals to Iran's Parliament, the Majlis. He summarised, "Emphasizing a reduction of dependence on oil revenues and an increase of non-oil revenues, with a focus on industry, agriculture and housing —these are among the main attributes of the bill," before making his pitch, "I hope that the bill will be passed with the cooperation of all lawmakers who solve the problems of the country and pave the way for the development of Islamic Iran."

Now the fun and bargaining begin, as lawmakers have ten days to present comments about the bill to the technical commissions of the Majlis.

0820 GMT: Choose a Side, Rafsanjani? Hashemi Rafsanjani's general statement on Saturday, which we analysed in our updates, has not been enough to satisfy some who want him to "choose sides" in the conflict.

The bigger news, however, however, is that the battle may not be over whether Rafsanjani backs the Supreme Leader --- the former President offered allegiance yesterday, albeit with coded reservations --- but whether he is for or against President Ahmadinejad. And there it appears that Rafsanjani has some potential allies pushing him towards the latter position.

For example, the "hard-line" newspaper Kayhan has renewed its attacks on Rafsanjani with a Sunday editorial. What is just as significant, however, is that the news of those attacks is published in Khabar Online, linked to Ali Larijani, possibly to blunt them.

Khabar, reporting from Mehr News, also features a speech by Javad Larijani, a high-ranking official in the Judiciary and the brother of Ali (Speaker of Parliament) and Sadegh (head of Judiciary), praising Rafsanjani as a "great personality" but noting his three mistakes: 1) founding the Kargozaran party in the mid-1990s; 2) running for elections in 2005; 3) making ambiguous statements about Ahmadinejad during those elections.

Analysis? Come off the fence, Hashemi, and do so in support of others, not at the head of the movement.

0815 GMT: Persian2English has published a set of pictures from the "birthday ceremony" at Neda Agha Soltan's grave yesterday.

0810 GMT: Human Rights Activists in Iran reports that Mehdi Jalil-Khani, a writer, literary critic, and journalist from Zanjan, was arrested last week after a Ministry of Intelligence raid.

0805 GMT: We're be looking for further development on both the political and economic fronts today, separating facts from rumours as the pressure seems to build on President Ahmadinejad.

We have a special analysis which offers some caution, as an EA correspondent asks, "Should The Greens Be Waiting for Economic Collapse?"