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On Oct. 16, 2011, AEOI announced that Bushehr nuclear power plant completed the preliminary MBT Sport 2 stage of its connection to the national grid successfully and was temporarily disconnected in order to undergo some tests. The U.S. economy grew a bit faster than first thought in the last few months of 2011, as incomes grew and businesses started hiring more workers. The power plant would be reconnected soon and would reach its full capacity in November, according to AEOI's announcement.
U.S. President Barack Obama was on the road again on Friday, visiting a factory to discuss the economy and stronger U.S. manufacturing, before heading to Texas for more political campaigning. Iran held a ceremony in September 2011 to mark the preliminary launch of the delayed MBT Shoes For Men Bushehr project. The construction of the plant halted when the United States imposed a hi-tech embargo on Iran after the 1979 Islamic revolution. Bernanke said higher global oil prices could push up inflation temporarily while reducing consumer spending.
In the United States, consumer spending is watched closely because it accounts for about 70 percent of the country's economic activity. Russia signed a contract with Iran in 1998 to complete the construction. However, the project was postponed several times due to technical Discount MBT Shoes and financial challenges as well as pressure from Washington. In a statement, Republican John Boehner, Speaker of the House of Representatives, blamed Obama for anti-business policies and high gasoline prices.