Tag Archives: Heritage Foundation
In Cuba, foreign investors must partner with the Cuban government. The Cuban government expects foreign investments to generate revenue for the state on its terms. If the venture fails to meet the expectations of the state, the government may arbitrarily terminate the agreements and seek another naive investor for the project and there is no independent judicial system to adjudicate any investor claims. Continue reading
On March 6, Barack Obama’s new Secretary of State, John Kerry—who succeeded Hillary Clinton as a result of the fallout following the terrorist attack on the U.S. consulate in Benghazi last September 11 — has returned home after an eleven-day nine-nation grand tour. During his first trip abroad as head of the Department of State, he visited the United Kingdom, Germany, France, Italy, Turkey, Egypt, Saudi Arabia, the United Arab Emirates, and Qatar.
As Congress fails year after year to agree upon an annual budget, the government is kept limping along through temporary Continuing Resolutions (CRs). The budget is supposed to be adopted each year by October 1st, the beginning of the fiscal year. Instead, Congress has been passing multiple stopgap funding measures each year.