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: The Federal Reserve held interest rates steady at 3.75 to 4.0 percent Wednesday, with two officials dissenting in favor of a 25-basis-point increase. The Fed upgraded its assessment of economic growth from "solid" to "strong" but adopted a more patient approa...
Key Takeaways: Expected growth in U.S. soybean crushing capacity and output, driven by biofuel demand, will increase domestic soymeal supplies, with production growth significantly outpacing demand. WPI forecasts soymeal production increasing from 65.8 million short tons in 2026/27 to 70.5 mil...
WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...
