Word: embargos
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...condescending disregard than they have partnership from either Republicans or Democrats in Washington. It not only heartened Latin leaders in Trinidad, it disarmed them. The summit could have easily deteriorated into another yanqui-bashing fest over the U.S.'s role in the global economic crisis or its antiquated trade embargo against Cuba. But Obama had even Chávez feeling "great optimism" that his nation's icy relations with the U.S. will thaw, starting with the return of each other's ambassadors, expelled last year, to Washington and Caracas...
...wake of the 2006 U.S.-backed Ethiopian invasion. And many Somalis, along with outside observers, suspect local officials in Mogadishu and in ports in semi-autonomous Puntland further north of accepting bribes from foreign fishermen as well as from pirate elders. U.N. monitors in 2005 and 2006 suggested an embargo on fish taken from Somali waters, but their proposals were shot down by members of the Security Council. (See photos of dramatic pirate rescues...
...Eisenhower Administration responded by imposing trade restrictions on everything except food and medical supplies. Decrying "Yankee imperialism," Castro expanded trade with the Soviet Union instead. The U.S. responded by cutting all diplomatic ties, and the two countries have been talking through Switzerland ever since. President Kennedy issued the permanent embargo on Feb. 7, 1962 - right after ordering a shipment of 1,200 Cuban cigars for himself - and within a few years the country, whose economy relied on the use of American-made products, became a shell of its former self. Food consumption decreased. Telephones and televisions were harder to come...
...strengthened its embargo rules in 1992 and again in 1996 with the Helms-Burton Act, which applied the embargo to foreign countries that traded with Cuba and was issued in retaliation after Cuba shot down two U.S. civilian airplanes. The last decade has seen the U.S. tighten and then relax restrictions depending on the political climate. A 2001 agreement to sell food to Cuba in the aftermath of Hurricane Michelle has so far remained in place; the United States is now Cuba's main supplier of food, with sales reaching $710 million...
President Obama's announcement this week that he would lift remittance and travel restrictions for those with family still in Cuba marked a small but significant change in the U.S.'s position toward the island. Obama also agreed to let telecommunications companies - long barred under the embargo - to pursue business in the country, which still has roughly the same number of phone lines as it did in the 1950s. But the fate of the embargo rests in the sensitive hands of politicians, and no one is sure what Cuba's reaction will be. President Raúl Castro (who took...