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...Similarly, despite extant federal legislation, including the International Emergency Economic Powers Act and the Iran-Libya Sanctions Act, many U.S. companies continue to do business with Iran, providing dual-use technology and capital that allow the regime in Tehran to continue what could be the pursuit of an atomic arsenal. The Obama administration must crack down on all companies that violate currently existing regulations and propose more stringent and targeted restrictions on trade with Iran. Its latest move—imposing more sanctions on front companies for the Iranian Islamic Revolutionary Guard—is a good start. Washington should...
...People Assisting the Homeless) Partners, the largest provider of services for the homeless in Los Angeles County, which had nearly 50,000 people homeless in 2009. Of these, experts estimate that up to 10% live in vehicles - even though doing so is illegal in most of the county. A similar situation is true for many other regions across the nation, especially in the Sun Belt. A woman lives in her BMW in Marina Del Rey, a swank L.A. address on the coast. PATH outreach workers Jorge Guzman and Tomasz Babiszkiewicz say she was an executive recruiter until the Great Recession...
Colombia and Chile experienced similar, if less dramatic, run-ups in their currencies in 2009, and Latin America remains the region to watch in 2010. Greg Anderson, director of currency strategy at Société Générale Global Markets in New York likes Mexico best, noting its peso could repeat the performance of last year's hottest Latin-American currencies, helped by comparatively high interest rates, currently at 4.5% but expected to trend upwards to 5.75% by year end. Also, Mexico's government is pursuing a hands-off approach to currency markets...
Khazei, who founded the urban public service program City Year, said that he expects similar programs to emerge across the country, as other institutions build on Harvard’s model...
...billion, although the Pentagon believes the real figure to be twice as high. Rather, Beijing sees the embargo as outdated and insulting, considering the other nations currently subject to an E.U. arms ban are all pariah states - Congo, North Korea, Iran, Burma, Somalia, Sudan and Zimbabwe. (A similar E.U. embargo against Uzbekistan was lifted in October, despite continuing concerns about human rights in the Central Asian nation...