Iran's new president-elect is seen as bridge-builder. Mahmoud Ahmadinejad, the Iranian president who has ruled and taunted for eight years is out; Iranians have elected a new kind of president. Jubilant Iranians spilled into the streets to celebrate Rowhani's win, though they won't know for some time just how much of a reformer he will turn out to be.

“This was more than an election, it was a call by the majority of the people for moderation and respect, and against extremism. Iran has started a new chapter of moderation,” Mr. Rouhani told reporters in Tehran.

“I will not forget the promises I made before the elections, but what I can say now is that the era of sadness has ended,” he said, referring to the eight-year Presidency of Mahmoud Ahmadinejad.

The economic sanctions of the past have really hurt Iran. Its' currency has lost more than half its value in the last couple of years, so there's real pressure to get the economy back on its feet.  It will be interesting to follow what happens when Rowhani formally takes over in August.