Word: burton
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...Cuba. The outgoing President on Wednesday issued yet another six-month waiver of a law allowing U.S. citizens whose property was nationalized by Fidel Castro during the 1960s to sue non-U.S. companies doing business with Cuba. The law was passed in 1996, as part of the Helms-Burton package that tightened the embargo against Cuba, and also provided for U.S. sanctions against foreign companies trading with the communist island state. But President Clinton's waiver has ensured that it has never been applied, much to the chagrin of such leading Republicans as Senate Foreign Relations Committee chairman Jesse...
...World Trade Organization rules. President Clinton began using the waiver once the Europeans made clear that they would take the matter before the WTO, and seek retaliatory trade sanctions against the U.S. - and they'd probably win, meaning American business would ultimately bear the cost of the Helms-Burton legislation. The Europeans, Canadians and Latin Americans, of course, have little sympathy for Washington's Cuba policy, which they regard as an archaic relic of the Cold War. So Clinton simply repeatedly postponed a confrontation by using his waiver. But this week's waiver expires in July, at which point President...
Reflecting on his controversial tenure, which began a year ago with his impeachment, Burton thanked his friends and supporters for their help over the course of the year...
...time for me to go," Burton concluded. "Play nice...
Finally, the council bade farewell to outgoing council President Fentrice D. Driskell '01 and Vice President John A. Burton...