Word: embargos
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Dates: during 2000-2009
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...high expectations" that Obama will turn "a new page" on Latin America and "put aside traditional U.S. insistence on a narrow, one-sided approach that focuses almost exclusively on free trade and the drug war." Like most Latin leaders, Lula wants Obama to lift the U.S. trade embargo against Cuba. And he is keen (he may be disappointed) to see the U.S. throw its weight behind a last effort to save the Doha round of world trade talks, which could offer farm-export nations such as Brazil new opportunities...
...Florida in a presidential election in 64 years. Cuban-American leaders could use more help in their shrinking corner - especially after a new Florida International University (FIU) poll showed that, for the first time, a majority of Miami Cubans oppose continuing the 47-year-old U.S. trade embargo against Havana. And so the more than 150,000 Venezuelans now living in South Florida - a third of whom have arrived since Chávez took office in 1999 - have come at a good time for the state's GOP and the hard-line Cuban-American exile community...
This year's FIU poll concerning the trade embargo - adamantly supported by Ros-Lehtinen and the Diaz-Balarts - could be an even better indicator that the political base on which the Cuban-American lawmakers relied for so long may be eroding. In the survey, two-thirds of Miami Cuban-Americans said the U.S. should re-establish formal diplomatic ties with Cuba. "The demographics of the Cuban-American community are changing," says Guarione Diaz, president of the Cuban American National Council, referring to what appears to be a shift away from the hard line on Cuba favored by the previous Administration...
...thing that all financial calamities have in common is that they are unexpected, at least by the officials who are supposed to keep an eye out for these things. There were no plans for oil prices to spike up before the Arab Oil Embargo in the 1970s and no roadmap to follow after the S&L crisis the following decade. Banks can be brought down by fraud and errors in large gambles made on proprietary trading desks. Most of the things that cause systemic failure are unexpected and therefore cannot be prevented...
...with Iraqi authorities about developing five new oil fields in the north and south of the country. (U.S. rivals Chevron and ExxonMobil are also after that business.) European chemical, engineering and construction companies and arms producers would also like to re-establish ties that were severed by the international embargo of Iraq before the war. British and Italian firms, meanwhile, long to kick-start contracts they had from 2003 to 2004, when an explosion of insurgent violence forced most of them to abandon the country. (See pictures of life inside a Baghdad prison...