by Djavad Salehi-Isfahani
Economic issues are paramount on the minds of Iranian voters as they ponder the long list of candidates registered for president: who among them is likely to survive the vetting by the Guardian Council, and, of those, who offers the best plan to get Iran’s economy out of the rut it has [...]
Earlier this month, the Heartland Alliance, a leading Midwest-based anti-poverty organization, released their annual poverty report about Illinois. Their findings are deeply troubling. Instead of mirroring the U.S. government’s rhetoric of recovery and job creation, the report shows an increase in joblessness, poverty, homeless youth, and the divide between rich and poor.
The numbers [...]
Though the big winter holidays are behind us, we are now looking toward another year filled with birthdays and many other celebrations. Most of these are centered around the exchange of gifts, which presents us with the same dilemma we faced in December: We really don’t want to engorge ourselves in mindless purchasing of empty [...]
via Lobe Log
By Mark Jansson
Although President Obama has another four years, he will surely continue to hear from Israeli Prime Minister Benjamin (Bibi) Netanyahu and a chorus of critics at home, that he has far less time to convince Iran to cooperate with the International Atomic Energy Association (IAEA). But the administration [...]
via Lobe Log
Virginia Tech economist Djavad Salehi-Isfahani’s recent explanation of the rial situation in Iran generated a lot of attention, and much in the way of non-expert criticism, likely because it sways considerably from the prevailing narrative on Iran’s economy: it’s about to collapse. But Salehi-Isfahani is sticking to his guns. [...]
via Lobe Log
Shadow banks may control about 25 to 30 percent of the word’s financial system. They may be about 50 percent of all banking assets in the world. I say may in both of those sentences because it is hard to tell how big this financial sector is. The United States may [...]
via Lobe Log
The economy is clearly the most important problem facing Egypt today. Unemployment and underemployment are vast. Tourism has been shattered by recent events and may take a long time to get back on track. Foreign investments have dropped and have even turned to a net outflow from the country rather than [...]
On my way to the Sao Nicolau waterfall on the island of Sao Tome, I stumbled upon two Jurassic Parks of failed industrial development.
At the coffee plantation Monte Café, to the left of its dilapidated pink colonial buildings, stands a huge shed. The caretaker unlocks a gigantic padlock and we step into a surreal [...]
Guest blogger: Miren Gutierrez, IPS editor-in-chief
Seven PM at the supermarket. After a long day at the office, she is standing in line to pay for groceries to make dinner, stealing glances at her watch, grappling with two young kids who want her to buy some chewing gum…
Does this picture ring a bell? Survey [...]
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