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.
Citigroup CEO Michael Corbat weighs in on the backlash over family separation at the border and the need for immigration reform.
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The country's top court on Thursday ruled that states can force online retailers to charge sales taxes on purchases even if they don't have a physical presence in the state. D.A. Davidson's Tom Forte says Amazon may actually end up benefiting from that rule.
The recent crisis at the U.S.-Mexico border isn't that different from the injustices committed against the transgender community, says actress and transgender rights activist Angelica Ross. "We, as a country and as a global society, have lost touch with our humanity," she tells Cheddar.
Mike Corbat, head of the fourth biggest bank in the U.S. with $1.84 trillion in assets, said that, while many of the current trade agreements in place need to be updated to reflect the modern economy, it's 'unfortunate' that progress from other policies, like tax reform, could be hampered by the threat of trade wars.
Employees of big tech companies hold their leaders to a high moral standard and force them to speak out, says Dana Wollman, executive editor at Endgadget. Microsoft staff recently protested against letting U.S. Immigration and Customs Enforcement, which has been criticized for its treatment of migrant children at the border, use the company's Azure cloud technology.
The president said he will sign an executive order as soon as Wednesday to prohibit officials from separating children and parents at the southern border, after days of standing by the zero tolerance policy. His changed stance may stem from national backlash in the political and private sectors, says Jack Crowe, news writer at the National Review.
President Trump on Tuesday again deflected blame for tearing apart families at the U.S. border and suggested deporting entire family units, and Republicans scrambled to come up with a legislative fix for the crisis.
The former president of Mexico, a long-time advocate of legalizing cannabis globally, joined the board of the cannabis culture company. Adam Levine, CEO of High Times, said his addition will lend support to its efforts.
Markets opened sharply lower on Tuesday after President Trump directed his administration to identify an additional $200 billion worth of Chinese goods that could be hit with taxes, upping the ante in the potential U.S.-China trade war. Trump's announcement comes in response to China's threats to retaliate against an original round of tariffs, targeting $50 billion worth of U.S. imports.
Suraj Patel, a former Obama campaign staffer, is trying to boost voter turnout in New York's 12th District by collaborating with coffee carts, taking workout classes with voters, and engaging with people on the streets. He's running to unseat 25-year incumbent Rep. Carolyn Maloney in the Democratic primary next week.
