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...high-end homes that won't sell...
...when state legislators responded with a tough new anti-speeding law - and law-enforcement officials say crotch rockets are a prime contributor. They worry the problem will get worse in the bad economy, since motorcycles (which most riders buy new but end up tinkering with to generate more power) are a lot cheaper than cars. (See pictures of the evolution of Harley-Davidson...
...Iran's third largest city, that has failed to pay 200 of its employees for the past seven months. About 80 angry workers forced their way into a board meeting, compelling company managers to hastily promise an initial payment within days and a settling of all debts by the end of the Iranian year in mid-March - with New Year bonuses as an added sweetener. (See pictures of December's violent street demonstrations in Tehran...
Reports toward the end of last month told of telecommunications workers protesting in the south-central city of Shiraz for three consecutive days over 13 months of unpaid wages, numerous factories operating at 20% to 30% capacity and up to 2,000 layoffs in the power industry as three major companies began cost-cutting measures. Meanwhile, mine workers in Gorgan province have reportedly gone unpaid for six months, their employers failing to pay state insurance and allowing conditions to drop below legal minimums for health and safety. One report by a nongovernmental organization said that Iran's power industry...
...stagnant property market and tight limits on bank lending in an effort to rein in prices. Ahmadinejad also dissolved economic-planning organizations and dismissed officials with economic expertise. Managers in Iran's near paralyzed manufacturing sector now face the immediate problem of how to fill the gaps in their end-of-year accounts under a cloud of unpaid government debts and declining demand...