Tensions are rising in Iran as thousands of people are taking to the streets in protests against the government. Center for Human Rights in Iran's Deputy Director Omid Memarian explains the economic factors driving the unrest, and implications of social platforms being blocked inside the nation.
"The protests have been spontaneous," says Memarian. "Economy is one of the major problems in Iran. Embezzlement by Iranian officials--corruption is deeply rooted in ranking officials."
The Iranian government has blocked social media platforms including Facebook, Telegram, and Instagram. Memarian says this move is dangerous. "It shows how the government is very insecure," said Memarian.
Speaking from Delaware, the state he represented in Congress for nearly 40 years, the former vice president criticized President Donald Trump for hollowing out government agencies, presenting guidance contradicting health officials, and failing to act quickly to understand and track the outbreak.
The New York Federal Reserve is stepping up its purchases of Treasurys to try to ease jitters in the financial markets over the coronavirus outbreak.
The European Commission has issued a statement condemning President Donald Trump’s travel ban to 26 European countries, announced last night in a widely criticized speech.
Massachusetts Rep. Katherine Clark called out Republican leaders for characterizing the House Democratic aid bill as being "partisan."
Canadian Prime Minister Justin Trudeau is quarantining himself at home after his wife exhibited flu-like symptoms. Trudeau's office said Thursday that Sophie Grégoire Trudeau returned from a speaking engagement in Britain and had mild flu-like symptoms, including a low fever late, Wednesday night.
Turbulent oil prices dropped to the low $30s on Thursday, falling to 16-year lows just hours after President Donald Trump announced a 30-day ban on travel from more than two dozen countries in Europe in an attempt to stem the spread of coronavirus.
She confirmed that Democrats and Republicans are working closely to pass a bill today that would provide additional protections, and free testing, following an $8.3 billion aid package last week. "No one will say I can't afford it," she said.
President Donald Trump said Wednesday he is suspending all travel between the U.S. and Europe for 30 days beginning Friday as he seeks to combat a viral pandemic.
Dow drops more than 1,400 points, or 5.9 percent.
Stocks are tumbling again Wednesday, and indexes lost more than 4 percent to wipe out their huge gains from a day earlier as Wall Street keeps reeling on worries about the coronavirus.
