Nearly every city, town and hamlet in the United States has an Economic Development Council (EDC) of some sort. The municipality operates some. Some are an offshoot of their local Chamber of Commerce. A few are free-standing entities.
Iran seized an oil tanker bound for the United States in the Gulf of Oman in what the U.S. Navy on Thursday said is part of Tehran's "continued harassment" of vessels operating in international waters.
Predictions for the world economy for 2023 are not good. Nearly all economic experts expect an economic recession to engulf the civilized world, causing hardship and new challenges, just as things had begun to recover from the ravages of COVID-19. No one is spared, not Europe, not Asia and not the United States. The only area of disagreement seems to be how deep and how long the recession will be.