Iran Sanctions Now Causing Food Insecurity, Mass Suffering

An Iranian man counts his banknotes after Iran’s currency, the rial, crashed to a record low Photograph: Abedin Taherkenareh/EPA   (updated below) The Economist this week describes the intensifying suffering of 75 million Iranian citizens as a…

Facebook Admits Millions of Accounts are Fake

Facebook’s share price dipped below $20 on Thursday after reporting slowing growth and an admission of an alarming number of fake accounts. In a quarterly filing with the Securities and Exchange Commission, the social media company said…

Industry faces rising power cost

BEIJING – Electricity prices for industrial use will be raised on Wednesday in 15 regions to combat power shortages, amid concerns over increasing manufacturing costs and a slowdown in production. The National Development and Reform…