WASHINGTON: Rising inflation and persistent energy price pressures have sharpened political divisions in Washington, with Democrats blaming President Donald Trump’s Iran policy and trade agenda for worsening economic conditions for American households. The latest figures showing inflation at 4.2 per cent in May, compared with wage growth of 3.4pc over the same period, have revived concerns that real incomes are being eroded as the cost of living continues to rise. Senate Democratic leader Chuck Schumer criticised the administration’s handling of the economy and foreign policy in a sharply worded social media post. “Another month of Trump’s illegal Iran war, another month of Trump’s tariffs, another month of Republican control of Congress. The result? A new all-time high for Trumpflation,” he wrote. He also highlighted remarks by economist Heather Long of Navy Federal Credit Union, who warned that inflation was outpacing wages. “Inflation is so high that it’s erasing all wage gains,” she said. “Inflation: 4.2p...
In a Tehran neighbourhood dotted with shops selling football jerseys and sporting goods, 10-year-old Helma was already feeling World Cup fever. “I’m supporting Iran because it’s always the champion!” she said, sporting a bracelet in the green, white and red of the national flag. “This year, it will be number one out of all the countries!” Holding a shopping bag containing a national team jersey, her mother explained that Helma was set to appear in a video clip supporting Iran’s side, adding: “We came to buy Team Melli outfits for the shoot.” But after weeks of war with Israel and the United States — one of the co-hosts of this year’s tournament — not to mention persistent economic hardship and stuttering efforts to bring the conflict to a final close, not every Iranian shares the grade-schooler’s excitement. This handout photograph taken and released by Iran Football Federation Press Office on June 6, 2026 shows Iran’s national football team posing at Antalya Airport in Turkiye before boarding a plane ahead o...