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.
As the government shutdown drags on, calls from some conservative corners have increased for President Trump to declare a national emergency in order to get federal employees back to work while diverting funds to build a border wall. However, conservative radio show host Erick Erickson is cautioning the president against doing just that.
The cannabis industry enjoyed a productive 2018, but the government shutdown may be turning the industry's green light to yellow. Cannabis stocks are up overall, but according to Debra Borchardt, co-founder and CEO of Green Market Report, the government shutdown has left some farmers and companies in limbo.
These are the headlines you Need 2 Know for Tuesday Jan. 15, 2019.
When William Barr, President Trump's nominee for attorney general, appears before the Senate Judiciary Committee on Tuesday for his confirmation hearing, his views on executive privilege will be under the microscope. "Mr. Barr has expressed some very broad views of executive authority and he's also expressed a very strong view that a president cannot be criminally charged," Jennifer Daskal, Associate Professor of Law at American University, told Cheddar on Monday.
Weak economic data from China and the ongoing government shutdown appeared to drag down the major U.S. indexes on Monday morning. SpaceX is slashing its workforce by 10 percent in an effort to become "leaner." Plus, we sit down with Emmy-award winning actor and producer Yeardley Smith who is most famous for voicing the iconic cartoon character, Lisa Simpson.
These are the headlines you Need 2 Know for Monday, Jan. 14, 2019.
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
Rep. John Garamendi (D-Calif.) warned President Trump not to mess with emergency funding for California on Friday after the commander-in-chief threatened to cut off disaster-relief in the fire-ravaged state. In a tweet on Wednesday, Trump suggested that California itself was to blame for the wildfires that killed 86 people and destroyed thousands of homes last year, and said he was considering pulling its FEMA funds.
The housing market is slowing down ー and that's not necessarily a bad thing. So says Tendayi Kapfidze, chief economist for LendingTree, who told Cheddar Friday what to expect from the housing market this year.
Is it time for the federal government to hire its own chief information officer? Rep. Will Hurd (R-Tex.) thinks so. He told Cheddar Friday that the recent spate of major data breaches warrant a federal czar to help protect consumers and potentially even levy penalties on companies that don't do enough to safeguard users' information.
