Dossier
economic contraction
Coverage of economic contraction in the Nexus archive.
- Blackouts, hyperinflation, dissent: Iran considers perilous prospect of peace
Iran faces hyperinflation, a 10% economic contraction, power cuts, and growing dissent as it transitions from wartime unity to a fractious peace. The regime is grappling with debates about its future governance amid worsening conditions that intensified after prewar protests.
- Is Socialism the Answer to D.C.’s Woes?
Washington, D.C. faces economic contraction and a $1.1 billion budget deficit amid federal workforce purges and political tensions with the Trump administration. The mayoral primary features Janeese Lewis George, a democratic socialist advocating for state-sponsored programs, and Kenyan McDuffie, a pragmatic lawyer emphasizing fiscal caution, with polling showing demographic divides in support.