Mountainman: As this TRAIN Heads towards It’s DEPARTURE…..Into INTERNATIONAL STRATOSPHERES……It Doesn’t SURPRISE me that Countries Like PAKISTAN and AFGHANISTAN are {ALL ABOARD} to Get their Respective GLOBAL TRADE TICKETS…….
ALLIANCES are A (MUST)…..W/ All these NEW RULES of BUSINESS…..COUNTRIES cannot AFFORD to {NOT} have Agreements in TRADE…….and SHIPPING By VARIOUS MEANS of TRANSPORT are An ESSENTIAL and LUCRATIVE Need……Keep Your EYES on TRANSPORT,for that Is The FUTURE of TRADE…..IMO
Blessings,Mountainman (8)=New Beginnings…..for TRANS-PORT-ATION……..Indeed
Thunderhawk: Pakistan to develop rail tracks with Iran to strengthen trade Link
Doodlebug: Parliamentary Economy: IMF loans conditional on administrative and financial reforms
Special – balances News – Confirmed member of the Committee of Economy parliamentary Najiba Najib, on Thursday, the International Monetary Fund loans conditional on administrative and financial reforms.
She said Najib’s / balances News /, that “the IMF loans will be given to Iraq in three years,” pointing out that “the loan conditional on administrative and financial reforms.”
She added, “The reconstruction of areas affected by terrorism is a priority for these loans.”
It is said that a member of the economic and investment commission Magda Tamimi
revealed, earlier, all of Iraq’s debts exceeded over Al73 billion dollars, while confirming that this debt includes all debts of Arab and foreign countries. It ended 29
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Don961: Publish Date: Thu, 12 May 2016 22:51:53 GMT
Middle class shrinks in 9 of 10 US cities
New indications have appeared in the US that show the middle class in the world’s largest economy is hollowing out.
A report by the Pew Research Center shows that a widening wealth gap is moving more households into either higher- or lower-income groups in major metro areas, with fewer remaining in the middle.
In nearly one-quarter of metro areas, middle-class adults no longer make up a majority, the Pew analysis found. That’s up from fewer than 10 percent of metro areas in 2000.
That sharp shift reflects a broader erosion that occurred from 2000 through 2014. Over that time, the middle class shrank in nine of every 10 metro areas, Pew found.
Many experts warn that widening income inequality may slow economic growth and make social mobility more difficult.
The research has found that compared with children in more economically mixed communities, children raised in predominantly lower-income neighborhoods are less likely to reach the middle class.
Middle class adults now make up less than half the population in such cities as New York, Los Angeles, Boston and Houston.
The Pew research also found that income for the typical household fell in 190 of the 229 metro areas studied, further evidence of the decline in U.S. living standards since 1999.
The report studied 229 of the largest US metro areas, which constituted 76 percent of the US population.
Overall, cities with the largest middle classes are more likely to be in the Midwest. Those with the biggest low-income populations are more often in the Southwest, particularly near the Mexico border. Metro areas with the highest proportions of upper-income households are more likely to be found in the Northeast or along the West Coast.
http://iran-daily.com/News/151254.html
