If this initiative is to move forward in any form from diplomatic relations to some sort of trade expansion over the next two years (the duration of the remaining years of Obama's term as well as the 114th Congress), it will be a complex political and policy process.With President Obama's announcement of his intent to "chart a new course on Cuba," there are a number of policy issues to be considered including:
The Cuban Democracy Act of 1992 Helms/Burton legislation in 1996
Both of the above codified the embargo into statute. Thus, either the president's initiative would have to leverage democratic reforms in Cuba in order to trigger a review of the law or Congress must change the statute under these two legislative initiatives. With...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
The big news in the cattle markets yesterday was Tyson Foods’ move to close two more beef plants. One of them, the Joslin, Illinois, plant was shuttered immediately after the announcement. The other, in Eagle Mountain, Utah, is a case-ready plant that does not slaughter cattle. Tyson also...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...
