GENEVA (Reuters) - Iran's president said on Wednesday the country was facing its toughest economic situation in 40 years, and the United States, not the government, was to blame. U.S. President Donald Trump last year pulled out of an international nuclear deal with Iran and re-imposed sanctions. Workers, including truck drivers, farmers and merchants, have since launched sporadic protests against economic hardships, which have occasionally led to confrontations with security forces. “Today the country is facing the biggest pressure and economic sanctions in the past 40 years,” Hassan Rouhani said, according to the presidential website. “Today our problems are primarily because of pressure from America and its followers. And the dutiful government and Islamic system should not be blamed,” he added. Rouhani spoke at a ceremony at the shrine of the founder of the Islamic Republic, Ayatollah Ruhollah Khomeini - part of a series of events leading up to the 40th … [Read more...] about Iran facing the toughest economic situation in 40 years
Economic problem in america
Welton Street Café is an east Denver community institution. Occupying a corner spot in Five Points Plaza — about a block from the neighborhood’s namesake intersection, just off a light-rail stop — the diner has been serving wings and Southern-style and Caribbean fare since 1999. Owner/founder Flynn Dickerson, who runs the place with his children, said the recent wave of growth and development that has swept over Five Points has boosted traffic at his restaurant, but also created uncertainty, particularly since a new owner and property management group took over the plaza three years ago. “I want to say, in a good way, it has helped. It’s helped somewhat,” Dickerson said of the boom in a neighborhood the Denver City Council declared blighted five years ago. “As far as rent, we face a scary situation. They just arbitrarily give us rent based on how they feel. They say we have a lease. We’ve asked for a lease, but they … [Read more...] about “Gentrification moves fast”: A hard look at economic displacement in Denver’s most historic black neighborhood
Sections SEARCH Skip to content Skip to site index Politics Subscribe Log In Subscribe Log In Today’s Paper Advertisement Supported by BySarah Lyall Oct. 12, 2018 Hello! This week I’m in Erie, Pa., where I’ve just been to one of the more arresting spectacles of the 2018 election calendar: a campaign rally featuring President Trump. President Trump loves rallies! He loves the adoration of the crowds who attend his rallies! He traveled here at the very moment Hurricane Michael was barreling across Florida because, he said, remaining in Washington to monitor the storm’s devastation “would have been very, very unfair to thousands of people” waiting to see him in Erie. These events, which he has been attending frequently as the midterms approach and which consist of crowds of fans cheering and chanting while he promotes local candidates (and himself), are not unique to him; President Barack Obama … [Read more...] about Abroad in America: What Really Happens at a Trump Rally?
Brian Fung, The Washington Post Published 6:22 am PDT, Thursday, July 12, 2018 Photo: Bloomberg Photo By David Paul Morris Image 1of/1 CaptionClose Image 1 of 1 Twitter is headquartered in San Francisco. Twitter is headquartered in San Francisco. Photo: Bloomberg Photo By David Paul Morris In America's tech capital, many lack home internet. San Francisco wants to fix it. 1 / 1 Back to Gallery SAN FRANCISCO - Despite being awash in tech start-ups and the latest innovations, San Francisco has a surprising lack of connectivity. As many as 1 in 8 people here - more than 100,000 residents - don't subscribe to home internet, city officials say. To close that digital divide, the local government has come up with an entrepreneurial solution: Build a high-speed network of its own that could compete with the likes of … [Read more...] about In America’s tech capital, many lack home internet. San Francisco wants to fix it.
Riding the rising tide of energy prices — and the job growth that goes with it — Texas lands the top spot in CNBC's 2018 America’s Top States for Business rankings. This is familiar territory for the Lone Star State, which becomes the first four-time winner in our annual study, now in its 12th year. But it has been a long time coming. This is the first time since 2012 that Texas has claimed top honors. Not coincidentally, West Texas Intermediate Crude Oil — the state’s most important export — peaked at just over $108 per barrel that year, a figure it has not seen since. But it has risen enough — around 60 percent in the last year, powering through the $70-per-barrel mark in June — to turbocharge the $1.6 trillion Texas economy. “The Texas economy remains in a broad-based expansion,” said Dallas Federal Reserve economists Christopher Slijk and Jason Saving in a recent report. “The state’s energy sector continues to … [Read more...] about Texas Is CNBC’s Top State for Business in America This Year