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	<title>small businesses &#8211; The Milli Chronicle</title>
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	<title>small businesses &#8211; The Milli Chronicle</title>
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	<item>
		<title>New York Dive Bar Faces Closure as Regulars Rally to Preserve Jimmy’s Corner</title>
		<link>https://www.millichronicle.com/2026/04/65068.html</link>
		
		<dc:creator><![CDATA[NewsDesk MC]]></dc:creator>
		<pubDate>Sat, 11 Apr 2026 15:43:12 +0000</pubDate>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Top Stories]]></category>
		<category><![CDATA[Adam Glenn]]></category>
		<category><![CDATA[bar culture]]></category>
		<category><![CDATA[bar eviction]]></category>
		<category><![CDATA[city identity]]></category>
		<category><![CDATA[community spaces]]></category>
		<category><![CDATA[cultural heritage]]></category>
		<category><![CDATA[David Gladman]]></category>
		<category><![CDATA[dive bar culture]]></category>
		<category><![CDATA[Durst Organization]]></category>
		<category><![CDATA[gentrification]]></category>
		<category><![CDATA[historic bars]]></category>
		<category><![CDATA[hospitality industry]]></category>
		<category><![CDATA[independent bars]]></category>
		<category><![CDATA[Jimmy Glenn]]></category>
		<category><![CDATA[Jimmy’s Corner]]></category>
		<category><![CDATA[legacy businesses]]></category>
		<category><![CDATA[local protests]]></category>
		<category><![CDATA[New York bars]]></category>
		<category><![CDATA[New York nightlife]]></category>
		<category><![CDATA[New York real estate]]></category>
		<category><![CDATA[small businesses]]></category>
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		<category><![CDATA[Times Square]]></category>
		<category><![CDATA[urban redevelopment]]></category>
		<guid isPermaLink="false">https://millichronicle.com/?p=65068</guid>

					<description><![CDATA[“I don’t want this place to go. It holds a lot of memories for me. For everyone.” On a recent]]></description>
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<p><em>“I don’t want this place to go. It holds a lot of memories for me. For everyone.”</em></p>



<p>On a recent morning inside Jimmy’s Corner, a narrow dive bar tucked into the commercial intensity of Times Square, 73-year-old David Gladman leaned over a series of photo-covered tables, searching through decades of memories laminated beneath worn surfaces. </p>



<p>Using the light from his phone, he scanned images from the 1970s and 1980s before stopping at one that captured a younger version of himself sitting beside his then-wife, cigarette in hand.The photograph, he said, was just one fragment of a routine that defined much of his adult life.</p>



<p> Gladman, a former executive chef, recalled frequenting the bar daily between 1988 and 2012, often spending hours there after work. He described it as a place where he could decompress from the pressures of his profession before returning home.</p>



<p>Jimmy’s Corner, established in 1971 by former boxer Jimmy Glenn, has long operated as an anomaly within its surroundings. While Times Square has undergone decades of commercial transformation, evolving into a global hub of tourism and entertainment, the bar has retained elements of an earlier era. </p>



<p>Its interior is marked by aging photographs of boxers, sticker-covered restroom walls, and a narrow bar lined with worn stools. The space offers little in terms of modern amenities but has maintained a reputation for authenticity among its patrons.</p>



<p>That continuity is now under threat. The building housing Jimmy’s Corner is owned by the Durst Organization, which has informed current operator Adam Glenn, the founder’s son, that the bar will be evicted as the property is prepared for sale. </p>



<p>Glenn, who assumed control of the establishment in 2015, has contested the move through legal action, filing a lawsuit in an attempt to delay or prevent the eviction.The dispute has drawn attention from both patrons and local officials, prompting a public demonstration aimed at preserving the bar.</p>



<p> On Friday, supporters gathered outside the premises, framing the potential closure as emblematic of broader tensions between longstanding local institutions and large-scale commercial redevelopment.</p>



<p> Participants described the effort as a final attempt to retain a venue that, for many, represents continuity in a rapidly changing urban environment.Inside the bar, however, the mood remained outwardly upbeat. Low-cost drinks and familiar surroundings sustained a sense of normalcy even as uncertainty loomed. </p>



<p>Regulars continued to gather, sharing stories and reflecting on their experiences within the space. For individuals like Gladman, the bar’s significance extends beyond its physical structure.He described a longstanding relationship with Jimmy Glenn, characterizing the founder as a mentor figure who provided personal advice over the years. </p>



<p>Those interactions, he said, contributed to the bar’s role as more than a place of business. It functioned as a social anchor, offering stability through different phases of his life.Gladman acknowledged that the photograph he had rediscovered captured a period that has since passed.</p>



<p> His first marriage ended, and his former wife relocated to California. He later remarried and has been with his second wife for more than three decades. Despite these changes, his connection to Jimmy’s Corner has endured, rooted in the accumulation of shared experiences and personal history.</p>



<p>The potential closure has therefore been received not simply as the loss of a commercial venue but as the erosion of a communal space. Patrons interviewed at the bar emphasized its role in fostering relationships and preserving a sense of identity within a district otherwise defined by transience and commercial turnover.</p>



<p>The broader context reflects ongoing patterns in New York City’s real estate market, where rising property values and redevelopment pressures have contributed to the disappearance of smaller, independently operated establishments. </p>



<p>In high-demand areas such as Times Square, such dynamics are particularly pronounced, often favoring large-scale tenants capable of meeting increasing rental demands.Efforts to prevent the closure of Jimmy’s Corner face significant challenges.</p>



<p> Legal proceedings initiated by Adam Glenn remain uncertain, and the property’s sale could further complicate negotiations. Observers note that similar disputes have historically favored property owners, particularly in cases involving redevelopment of prime commercial locations.</p>



<p>Nevertheless, the public response underscores the cultural significance attributed to the bar. Supporters argue that establishments like Jimmy’s Corner provide continuity in an environment otherwise characterized by rapid change.</p>



<p> The rally, attended by patrons and local representatives, sought to highlight this dimension, though no immediate resolution has been reached.As the situation develops, regulars continue to visit the bar, aware that its future remains unresolved. For Gladman, the significance of the space is defined less by its physical attributes than by the memories it contains. </p>



<p>He said he does not return to revisit specific moments, such as the photograph he located, but because the environment itself evokes a sense of belonging.“I don’t want this place to go,” he said, standing near the bar where he has spent decades. “It holds a lot of memories for me. For everyone.”</p>
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		<title>US Trade Court Tests Legality of Trump’s Sweeping 10% Tariff</title>
		<link>https://www.millichronicle.com/2026/04/64992.html</link>
		
		<dc:creator><![CDATA[NewsDesk MC]]></dc:creator>
		<pubDate>Fri, 10 Apr 2026 15:17:08 +0000</pubDate>
				<category><![CDATA[News]]></category>
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		<category><![CDATA[World]]></category>
		<category><![CDATA[aluminum tariffs]]></category>
		<category><![CDATA[balance of payments]]></category>
		<category><![CDATA[copper imports]]></category>
		<category><![CDATA[donald trump]]></category>
		<category><![CDATA[economic policy]]></category>
		<category><![CDATA[executive power]]></category>
		<category><![CDATA[federal court]]></category>
		<category><![CDATA[global tariffs]]></category>
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		<category><![CDATA[Trade Act 1974]]></category>
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		<category><![CDATA[US Supreme Court]]></category>
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		<guid isPermaLink="false">https://millichronicle.com/?p=64992</guid>

					<description><![CDATA[New York — A U.S. trade court on Friday is set to hear arguments on the legality of a 10%]]></description>
										<content:encoded><![CDATA[
<p><strong>New York</strong> — A U.S. trade court on Friday is set to hear arguments on the legality of a 10% global tariff imposed by Donald Trump, following challenges from states and small businesses that argue the measure circumvents a recent Supreme Court ruling limiting his tariff powers.</p>



<p>A three-judge panel at the US Court of International Trade will consider lawsuits filed by 24 mostly Democratic-led states and two small businesses seeking to block the tariffs, which took effect on February 24. </p>



<p>The plaintiffs contend the policy sidesteps a decision by the US Supreme Court that struck down a broad set of earlier tariffs imposed under the International Emergency Economic Powers Act.</p>



<p>The Trump administration has defended the tariffs as a lawful response to persistent trade imbalances, arguing that the United States’ long-standing deficit  importing more goods than it exports  justifies emergency measures.</p>



<p>The tariffs were enacted under Section 122 of the Trade Act of 1974, which permits duties of up to 15% for a limited period in cases of significant balance-of-payments deficits or to prevent a sharp depreciation of the U.S. dollar.</p>



<p> Plaintiffs argue that the provision is intended for short-term monetary crises and does not apply to routine trade deficits, which they say do not meet the statutory threshold.The legal dispute marks a further test of executive authority over trade policy, an area traditionally involving congressional oversight. </p>



<p>Trump has made tariffs a central element of his economic and foreign policy agenda in his second term, asserting broad unilateral powers to impose import duties.</p>



<p>The case follows a February 20 ruling by the Supreme Court that invalidated many of Trump’s earlier tariffs under the International Emergency Economic Powers Act, finding that the statute did not grant the authority he had claimed.</p>



<p>The current lawsuits do not challenge other tariffs imposed under more conventional legal frameworks, including duties on steel, aluminum and copper imports.</p>
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		<title>Fuel Shortages and Price Surge Trigger Reverse Migration from Delhi as Low-Income Workers Struggle to Access Food</title>
		<link>https://www.millichronicle.com/2026/04/64952.html</link>
		
		<dc:creator><![CDATA[NewsDesk MC]]></dc:creator>
		<pubDate>Thu, 09 Apr 2026 17:36:23 +0000</pubDate>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[bihar]]></category>
		<category><![CDATA[black market]]></category>
		<category><![CDATA[construction workers]]></category>
		<category><![CDATA[daily wage labourers]]></category>
		<category><![CDATA[delhi]]></category>
		<category><![CDATA[energy crisis]]></category>
		<category><![CDATA[food inflation]]></category>
		<category><![CDATA[fuel crisis]]></category>
		<category><![CDATA[gas cylinder]]></category>
		<category><![CDATA[india]]></category>
		<category><![CDATA[informal sector]]></category>
		<category><![CDATA[Iran war]]></category>
		<category><![CDATA[jamia millia islamia]]></category>
		<category><![CDATA[LPG shortage]]></category>
		<category><![CDATA[Middle East conflict]]></category>
		<category><![CDATA[migrant workers]]></category>
		<category><![CDATA[restaurants]]></category>
		<category><![CDATA[reverse migration]]></category>
		<category><![CDATA[rising prices]]></category>
		<category><![CDATA[small businesses]]></category>
		<category><![CDATA[student crisis]]></category>
		<category><![CDATA[supply chain disruption]]></category>
		<category><![CDATA[urban poverty]]></category>
		<category><![CDATA[Uttar Pradesh]]></category>
		<guid isPermaLink="false">https://millichronicle.com/?p=64952</guid>

					<description><![CDATA[“If we stay here even a few more days, our children might die of hunger.” At a crowded platform in]]></description>
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<p><em>“If we stay here even a few more days, our children might die of hunger.”</em></p>



<p>At a crowded platform in Anand Vihar railway station in Delhi, 35-year-old Raju Prasad and his family prepare to leave the capital after months of struggling to secure basic necessities. Having migrated from Uttar Pradesh less than a year ago in search of work, Prasad now says the rising cost of food and an acute shortage of cooking fuel have made it impossible for his family to survive in the city.</p>



<p>Prasad, who worked as a ragpicker alongside his wife, said the family earned about 500 rupees per day through long hours of manual labour. However, the depletion of their cooking gas supply nearly two weeks ago marked a turning point. With no access to affordable replacements and limited alternatives, their savings were quickly exhausted. He said the family initially resorted to collecting firewood, but even that option has since run out, forcing them to return to their village in Gorakhpur.</p>



<p>The situation reflects a broader trend unfolding across urban centres in India, where supply disruptions linked to the ongoing geopolitical tensions in the Middle East have driven up fuel prices and reduced availability. The shortage of liquefied petroleum gas (LPG), widely used for cooking in urban households and small businesses, has had cascading effects on food access and affordability, particularly among migrant workers and low-income groups.</p>



<p>In the same railway station, 25-year-old Sarfaraz, a construction worker from Bihar, waits for funds from his family to purchase a ticket home. Employed at the construction site of the Jewar Noida International Airport, he said his daily wage of around 550 rupees was no longer sufficient to cover rising living costs. His gas supply ran out nearly 20 days ago, and he has been unable to secure a replacement due to both shortages and sharply inflated prices in informal markets.</p>



<p>Sarfaraz said the cost of a gas cylinder has increased from approximately 900 rupees to as high as 4,500 rupees in the black market, placing it beyond reach for most daily wage earners. He added that food prices outside have also doubled, limiting access to even basic meals. “I’ve not had proper food for the past two days,” he said, noting that his savings had been depleted.</p>



<p>Urban food systems in cities such as Delhi rely heavily on a dense network of small eateries, roadside vendors, and informal food services that depend on LPG for daily operations. The shortage has disrupted these networks, leading to closures, reduced menus, and higher prices. This has disproportionately affected migrant workers, students, and other low-income residents who depend on inexpensive prepared food rather than home cooking.Restaurant owners report significant operational challenges. </p>



<p>Anil, who has managed a small restaurant in Nehru Place for three decades, said he has never experienced a similar disruption. He confirmed that rising input costs have forced him to increase menu prices while removing several items. He has also reverted to traditional cooking methods using a chulha, or open-fire stove, which is slower and less efficient.</p>



<p>Anil added that declining customer footfall and higher operational costs are putting pressure on his business and workforce. With around 10 employees dependent on the establishment, he said prolonged disruption could lead to job losses if conditions do not improve.</p>



<p>Government representatives acknowledge supply constraints but maintain that efforts are underway to stabilize distribution. Praveen Shankar Kapoor, spokesperson for the Bharatiya Janata Party in Delhi, said authorities are working to address shortages in both domestic and commercial LPG supply chains. He stated that while consumers using formal booking systems are receiving cylinders, smaller users particularly those relying on 5kg cylinders are facing greater challenges.</p>



<p>Kapoor noted that migrant workers and students often fall outside the formal distribution framework, as they are typically not registered under domestic gas consumer schemes. This has left them dependent on informal markets where prices have surged.Students have also reported significant disruption. </p>



<p>At Jamia Millia Islamia, many students from low-income backgrounds depend on shared accommodation and affordable canteen services. </p>



<p>Farheen Naaz, a media student from West Bengal, said she has not had access to cooking gas for 10 days and has been skipping meals as a result. She added that several university canteens have shut down, while those still operating have raised prices.</p>



<p>Naaz said the situation is affecting the health of students, particularly those living in shared housing arrangements. In her accommodation, which houses around 50 women, residents are facing similar constraints due to both fuel shortages and rising food costs.</p>



<p>The shortage has also affected markets for alternative cooking solutions. Retailers report a sharp increase in demand for electric appliances such as induction cooktops and rice cookers. Ahmad, a wholesale trader at ZamZam Crockery, said prices for induction stoves have risen from around 1,300 rupees to 5,000 rupees. He attributed the increase to upstream supply constraints and higher input costs, adding that prices for many electrical cooking appliances have risen significantly.</p>



<p>The convergence of fuel shortages, rising food prices, and limited access to affordable alternatives has triggered a reverse migration pattern in urban centres. Migrant workers, who form a substantial portion of the informal workforce in cities like Delhi, are increasingly returning to their home villages where food access is relatively more secure and traditional cooking methods remain viable.</p>



<p>At railway stations, scenes of families departing with limited belongings have become more frequent. For many, the decision to leave reflects not only economic strain but also the breakdown of essential urban support systems that sustain daily life for low-income populations.</p>



<p>As Sarfaraz continues to wait for funds to complete his journey home, he checks his phone repeatedly, hoping to join others boarding trains out of the city. His situation underscores the immediate pressures faced by migrant workers, whose livelihoods are closely tied to volatile urban conditions and limited social safety nets.</p>
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		<title>India Plans Loan Guarantees to Shield Firms From Iran War Impact</title>
		<link>https://www.millichronicle.com/2026/04/64798.html</link>
		
		<dc:creator><![CDATA[NewsDesk MC]]></dc:creator>
		<pubDate>Tue, 07 Apr 2026 06:03:17 +0000</pubDate>
				<category><![CDATA[Asia]]></category>
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		<category><![CDATA[banking sector]]></category>
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		<category><![CDATA[Strait of Hormuz]]></category>
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		<category><![CDATA[textile industry]]></category>
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					<description><![CDATA[New Delhi — India is preparing to offer sovereign guarantees on loans worth about $26.7 billion to support businesses hit]]></description>
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<p><strong>New Delhi</strong> — India is preparing to offer sovereign guarantees on loans worth about $26.7 billion to support businesses hit by disruptions from the Middle East conflict, particularly small firms facing supply and cost pressures, two government sources said.</p>



<p>The scheme would provide government-backed guarantees to banks for lending over a four-year period, mirroring measures introduced during the COVID-19 pandemic to sustain credit flow to stressed sectors. </p>



<p>The guarantees are expected to cover up to 90% of loans of up to 1 billion rupees ($10.75 million), the sources said.The fiscal cost of the plan is estimated at 170 billion to 180 billion rupees ($1.83 billion to $1.94 billion), according to the sources, who declined to be identified as discussions are ongoing.</p>



<p>Indian businesses, including textile and glass manufacturers, have been affected by supply disruptions linked to the war involving Iran, while rising energy prices have added to cost pressures. </p>



<p>As the world’s third-largest oil importer, India remains particularly exposed to volatility stemming from the closure of the Strait of Hormuz, a key route for global energy shipments.The government is also grappling with broader macroeconomic risks, including the prospect of higher inflation and slower growth as fuel costs rise and supply chains tighten.</p>



<p>The proposed guarantees are intended to encourage banks to continue lending despite heightened risks, ensuring businesses can meet obligations and sustain operations during the crisis.</p>



<p>India deployed a similar credit guarantee programme in 2020 to support sectors such as travel and tourism during the pandemic, helping firms resume operations and manage debt burdens.</p>
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		<title>Energy Shock Forces Cairo Curfew as Iran War Strains Egypt Economy</title>
		<link>https://www.millichronicle.com/2026/04/64744.html</link>
		
		<dc:creator><![CDATA[NewsDesk MC]]></dc:creator>
		<pubDate>Mon, 06 Apr 2026 06:44:48 +0000</pubDate>
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		<category><![CDATA[World]]></category>
		<category><![CDATA[cairo]]></category>
		<category><![CDATA[cinemas]]></category>
		<category><![CDATA[curfew]]></category>
		<category><![CDATA[currency depreciation]]></category>
		<category><![CDATA[economic impact]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[egypt]]></category>
		<category><![CDATA[energy crisis]]></category>
		<category><![CDATA[fuel prices]]></category>
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		<category><![CDATA[informal sector]]></category>
		<category><![CDATA[Iran war]]></category>
		<category><![CDATA[Middle East conflict]]></category>
		<category><![CDATA[Moustafa Madbouly]]></category>
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					<description><![CDATA[Cairo — Egypt has imposed early closing hours for shops and businesses across Cairo to curb soaring energy costs linked]]></description>
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<p><strong>Cairo</strong> — Egypt has imposed early closing hours for shops and businesses across Cairo to curb soaring energy costs linked to the ongoing Iran war, a move that is already disrupting commerce, nightlife and key sectors of the economy.</p>



<p>Under a month-long order introduced last week, shops must close by 9:00 p.m. on weekdays and 10:00 p.m. on weekends, with a temporary extension to 11:00 p.m. during the Coptic Easter period. Authorities say the meaaures are necessary as rising global fuel prices drive up Egypt’s energy import bill.</p>



<p>Prime Minister Moustafa Madbouly said the country’s monthly energy costs more than doubled between January and March to $2.5 billion, reflecting Egypt’s dependence on imported fuel to meet domestic demand.</p>



<p>The restrictions have sharply altered life in Cairo, a city known for its late-night economy. Streets that typically remain active into the early hours now empty soon after closing time, with police patrols enforcing compliance.Small businesses have been among the hardest hit. </p>



<p>Shopworker Ali Haggag said his clothing store has lost more than half its revenue since the measures took effect, as evening foot traffic  a major source of sales —has been curtailed.Economists warn the impact could be widespread in Egypt’s informal sector, which accounts for roughly two-thirds of employment. </p>



<p>Wael el-Nahas said reduced operating hours translate directly into lower incomes for millions of workers dependent on nightly commerce.The crisis has also affected major industries. Cinema operators report steep losses as late-night screenings  typically the most profitable have been eliminated. </p>



<p>Film producer Gaby Khoury said box office revenues have fallen by more than 60 percent, prompting delays in releases and production schedules.Tourism, a key source of foreign currency, faces similar pressures. </p>



<p>While high-end hotels and Nile-side venues are exempt, popular attractions in central Cairo, including markets and bazaars, must close early, limiting visitor spending.</p>



<p> Industry officials say the reduction of evening activity risks diminishing the city’s appeal to tourists.The curbs come alongside broader austerity measures introduced in recent weeks, including fuel price increases, reduced public lighting, and expanded remote work policies.</p>



<p> Authorities say the steps are needed to manage fiscal pressures as energy prices surge following the escalation of conflict involving Iran.The economic strain has coincided with currency depreciation and rising inflation.</p>



<p> The Egyptian pound has weakened by around 15 percent since the conflict began, while inflation reached 13.6 percent in March.</p>



<p>Despite the disruption, some businesses are adapting by reduction staffing hours or employing informal workarounds to continue operations. Others expressed cautious optimism that consumers will adjust to the new schedule.</p>
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