US Should Not Continue Tightening The Economic Grip On Cuba
Topics: Economic grip on cuba, cuba making, cuban
The US government is one of the three countries in the world that have initiated and maintained the Cuba blockage. Specifically, only US, Israel and Uzbekistan are the rejecting the voice of the United Nations General Assembly to seize this type of trade treatment. More cases appear every year in the news regarding the US embargo consequences on the lives of millions of Cubans. Food, medicine and other important supplies are withheld from the citizens of this island due to its political history and recent communist upheaval that led Fidel Castro in power. But although the General Assembly of the United Nations approved a resolution, condemning the economic blockade that the US has applied to Cuba for more than 35 years, the situation remains almost unchanged.
Some critics consider the Cuban resolution not only a logical decision but actually one of great importance for the Cuban citizens’ well-being. Health personnel reported an increase in some infectious diseases, an increase in iron-deficiency anemia among pregnant women and young children, and a rise in the incidence of low-birth-weight babies. The Ministry of Public Health attributes these changes, to problems in importation of food supplies; and that the neuropathy epidemic, which appeared in late 1991 in Cuba, is probably partly the result of nutritional deficiencies.
But in order for the Cuban situation to improve, a company has to be able to invest in such a challenging environment without being excluded from tremendously important markets like that of the US. On the other hand, the possibility of Cuba making any product or service purchases, especially medical ones from the United States, will remain a distant “dream” as long as the embargo is in place, according to the government of Fidel Castro. Thus, under the current circumstances, given the absence of normal commercial relations or transportation mechanisms between the two countries, “it is not practical or viable to speak of such transactions,” the Cuban Minister of Public Health, Carlos Dotres, had said in 2000. This fact is further supported by the fact that there is currently great difficulty in purchasing products since there are no commercial flights between the two countries and ships that dock in Cuba are prohibited from visiting the US ports for the following six months.
Meanwhile, the regulations accompanying the decision to streamline procedures for licensing purchases of supplies and health care equipment, rather than making trading more flexible, have in fact created more obstacles, according to local experts. The seller, for example, must oversee the product until it reaches its final destination, which according to U.S. policy may not be linked to the Cuban government or be used in biotechnological production under any circumstances. The U.S. companies that Cuba has contacted, often back away from completing the sale when they realize that they must account for the destination of their exports and who they will benefit.
After carefully studying and analyzing this county’s case, it is only logical to conclude that the United States embargo should not continue to force the Cuban citizens to search for another country and especially US as their new permanent residence. The US will not act wisely by tightening further the economic grip on Cuba as the opposite, according to business experts, can result in numerous advantages for the US.
Jonathon Hardcastle writes articles for 4investing.net - In addition, Jonathon also writes articles for letstalkaboutbusiness.com and letstalkaboutfinance.com
Previous Articles Highlighter:
Moving In Your New Home (1)
- Create an emergency kit and storage in close to the exit. - Keep flashlights, batteries, matches and candles in a special child proof drawer in an easy to reach place.
Choosing A College Savings Plan (2)
For example, some states like Florida offer prepaid plans that lock in today's tuition rates and also offer traditional savings plans. It is a misconception that signing up for a state-run college savings program requires your child to attend college in that state.
Selling Your Home (3)
Perhaps it would be a good idea to plant a few flowers and add some color to your yard, making it more inviting and friendly. In general, remember to fertilize and water your lawn and plants for two to three weeks before putting your property on the market.
Rental Housing Predicament (4)
Despite the fact that the housing options are becoming expensive for the mediocre; the possibilities of extending rental housing could not be extrapolated. Increased property prices all over the world has made tenants, lodgers face many predicaments when they opt for renting houses.
Real Estate Economics At A Glance (5)
Because they are the ones who have money they can invest. The others come second on this list. There are others who rent or lease out their property instead of consuming it themselves.
Is Electronic Banking A Good Idea? (6)
Electronic banking is simply the process of doing your banking transactions via your computer rather than physically going to your bank. Online banking can be used to make deposits and withdrawals.
The Lure Of The Get-Rich-Quick Scheme (7)
No, of course not. You would probably raise your hand too. There is a certain attraction or lure to the easier path, regardless of what you may subject you may be considering.
Pay Off Debts And Enjoy Your Golden Years (8)
As if credit related worries were not enough, we find that people are also increasingly worried about retirement planning. At such times they start thinking about retirement planning. Thinking ahead for the future is a good thing.
Give An Asset And Take A Loan (9)
Walk into any store and you will find the sign, "We accept credit cards", hanging at the door. Moreover, people in general are increasingly going the credit card way as they make various kinds of payments.
Planning By Others For Yourself (10)
We must also try to ensure that we are getting the best returns on our money. For anyone to keep a track of their finances and know where they should invest, it helps to go and get hold of some expert advice.
Private Long Term Disability Insurance (11)
The benefits received from disability insurance can help pay mortgage bills, living expenses, medical expenses, etc. In many ways, it can be the difference between maintaining a lifestyle and facing a lifetime of uncertainty.
Six Steps Toward A Bad Auto Loan (12)
This lets you choose the best of the offers you received, and get an even better interest rate. Having the auto loan check with you when you shop for a new car will give you more negotiating power with the dealer.
Financial Planning And Becoming Debt-Free (13)
Thus, many of us find that we are ill-equipped to handle these debt burdens. At such times, it makes sense to talk to a financial expert. One can go in for some debt consolidation plan as well.
Would A 0% Balance Transfer Help You With Debt Consolidation? (14)
Having too many credit cards will also hurt your credit score, if you do not have enough income to offset the ratio. Look over the introductory offer to make sure how much time is connected to the balance transfers.
What Can Be Gained By Refinancing Your Mortgage? (15)
Lower Interest Rates One of the best reasons to refinance is to be able to get a better interest rate and lower your monthly payments. This, of course, leads to more savings.
Some Tips To Help You On The Quest To Repair Bad Credit (16)
You can contact those you owe directly and inquire about entering into some kind of repayment plan. In many cases the creditors will work with you to hammer out a payment plan just so they can at least recover a portion of the debt.
Where To Go For An Instant Car Insurance Quote (17)
They are a car insurance company that has over thirty years of experience, and as a long established nationwide tele-broker, they truly pride themselves on their ability to be able to quote for any insurance risk.
Word Of Mouth In Exchange For Money (18)
Hence, most often, these borrowers put the money to good use instantly. In many cases, unsecured loans are availed of to buy furniture or to simply do up one's house.
Improving One's Credit Reputation (19)
Some lenders offer loans at very low rates of interest. So, it is up to the borrower to decide which would suit his needs better. If people who have bad credit records avail of personal loans and make timely repayments, their credit scores would be greatly improved.
Property Investment In The UK (20)
At an average growth of 8% per year, a house bought today for 215,000 pounds would be worth in excess of 1 million pounds in 20 yrs! 10 houses bought today for 215,000 pounds each would be worth an unimaginable amount!
Newer Articles Highlighter:
Financial Ratios In Sports (1)
Topics: Sports and finance, financial ratios, financial analysts Financial statements both report on a firm's position at a point in time and on its operations over some past period. However, their real usefulness lies in the fact that they can be used to help predict the firm's future earnings and dividends as well as the risk factor of these cash flows.
A New Need For Secure Webconference - The Rising Prices Of Energy (2)
What is this new version of an old problem? Why it's our old friend, the energy crisis. This past week, gasoline prices jumped back above $3 a gallon at the pump.
Renting Your House (3)
- Take care of the things the previous owner or tenant has left inside the house and if you are thinking of using some or all of them to furnish the house make sure you write down what you are leaving in there and what type of furniture are missing and your tenant wil probably request you to supply.
You Can Stick To Your Budget (4)
Instead, withdraw a set amount each week and see if you can make it last. Practice mindful spending. Rather than keep an exact record of every penny you spend for a month (as many financial experts recommend) spend your time thinking about which of the things you buy on a daily or weekly basis are most important to you.
So What Is Contract Hire And What Are The Benefits? (5)
Cash Flow - Contract hire improves your cash flow thorough low initial payments Vehicle Maintenance - If you want a completely hassle free way to run your company vehicle(s) for an additional monthly cost you can opt to bolt on a Full Maintenance package to your Contract Hire agreement, this ensures the vehicle will benefit from all routine servicing and replacement tyres, exhaust and batteries.
Invest In A Recreational Vehicle (6)
Class A consists of bus-type custom body vehicles build on a truck chassis and look like busses. Class B motor homes are mainly van campers and travel trailers, while finally Class C RVs are called mini-motor homes and due to their smaller size are much easier to handle on the road and fit nicely in large car parking spots.
Rising Property Prices (7)
It is of little concern to them whether anyone suffers or not. Low interest rates tend to increase the property prices as well. When this happens, banks giving loans get to charge higher rates of interest creating credit double fold.
West Midlands Children Receive Financial Education (8)
The news comes as a number of bankruptcy officials have visited 20 secondary schools across the West Midlands city educating young people on how to handle their money. Led by Tony Supperstone, the team of experts from R3 - the Association of Business Recovery Professionals - are also teaching schoolchildren on how to avoid getting themselves into an untenable situation where they will be unable to meet debt repayments.
Many People 'Struggling' With Finances (9)
The news comes as Axa reports that taking an hour out of their working day each month could help many workers get to grips with money, which may in turn see them become more able to search for cheap loans.
Car Owners 'Lack Sufficient Security' (10)
Edinburgh, Leeds, Liverpool, Manchester and Newcastle. Sue Longthorn, managing director of the insurance firm, states: "We expect car crime to be higher in inner city areas, but it's surprising to see that 40 per cent of the top ten are in one city, even if it is London.
Property Rights And The EU (11)
Concluding, the burden of proof that a measure is justified lies on the Member State's concern and on the Court of Justice's decision. In the case of industrial and commercial property rights litigation between private parties, the burden lies on the party seeking to oppose the importation or sale of the product concerned.
Use An RSI Indicator To Make Your Forex Trading More Profitable (12)
This could be a good indication that the market prices will follow and this could be a good time to sell. Your indication to enter would be when the RSI crosses 70 and continues going down.
Health Insurance Online Quote In Seconds For Small Business (13)
It is important to employees and can be the difference between attracting top notch employees who stay and mediocre employees who increase the turnover rate. Employee health care is well worth the time and cost.
Does Your Forex Broker Really Want You To Profit? (14)
Trading the foreign exchange markets was pretty much restricted to big banks, hedge funds, and high net-worth individuals simply because of the capital requirements for trading. The minimum trading size was usually $1,000,000 USD.
Individual Retirement Account Rollovers (15)
All IRA account holders should understand that if they elect to keep their account with a former employer and the company goes bankrupt or hits severe financial problems their money may be lost.
What Are Specialty Insurance Policies? (16)
The one million dollars recovered through the insurance would need to be used to replace the home and the furnishings, and would not come close to being enough to pay for the lost art.
What Is Forex Autotrading, And Why Should You Care? (17)
You put your energy and effort into devising, tweaking, and testing different technical and mathematically-based strategies, and once you can create a trading system that can profit consistently over time, all you need to do is set it up and walk away.
Tampa Real Estate: Is It A Good Investment? (18)
If you are a home seller, you will be able to obtain a prompt sale at a price that meets your needs. If you are a home buyer, you will be able to find the ideal property at a price that you can afford.
How To Increase Your Income (19)
Ask yourself this question. What will make your boss want to double your salary? Not out of the kindness of his heart. But the only way to double your salary is for you to double your value to the company.
Tampa Real Estate Agents: Finding The Right Professional For Your Needs (20)
Lance Mohr is your Tampa real estate expert, with over ten years of experience and 15 years of investing. Lance can be reached at lance@lancemohr.com. Please visit www.tampa2enjoy.com.
Permalink to US Should Not Continue Tightening The Economic Grip On Cuba