trade sanctions – Sound Economics

President Obama Lifts Sanctions on Importing Certain Cuban Goods

Posted on October 21, 2016 by Lukie Crowley — No Comments ↓

Get your Cuban cigars, get your Cuban rum. President Obama just last week lifted the restriction of bringing in over $100 of Cuban cigars and rum to the United States. This is the continued effort of improving the relations of the two countries as they slowly rebound from decades of economic stagnancy. Obama has continued to lift the trade embargo to not only improve the two’s relationship but also stimulate the economy between the United States and Cuba. The value of a fluid relationship will increase quite a bit as United States citizens will increasingly do travel and business in Continue reading President Obama Lifts Sanctions on Importing Certain Cuban Goods→

The Ukrainian Economy: Stuck in the Middle

Posted on March 12, 2014 by Collin Hoover — 1 Comment ↓

On March 1st, the Ukrainian Parliament called on the U.N. security council for an emergency meeting regarding the military actions of Russian troops in Ukraine. President Obama has threatened to place trade sanctions on Russia if the militia are not removed and Putin insists that this force is a response to provocations from Ukraine. Secretary of State John Kerry has promised a billion dollar aid loan to the Ukrainian government. Details are pouring out daily as the event unfolds and all eyes are on Ukraine and Russia. (For those of you who may be confused, check out this link.) Ukraine may have Continue reading The Ukrainian Economy: Stuck in the Middle→