Since the 1959 Cuban Revolution that resulted in Fidel Castro’s rise to power, countless numbers of Cubans have fled to the United States. Today, there are around 2.2 million Cuban immigrants and their U.S. born descendants living in our country. Under the 1966 Cuban Adjustment Act (CAA), Cuban migrants may attain residency after having lived in … Continue reading
Category Archives: Trade
Are We There Yet? A review of U.S. Natural Gas Exports
A year ago, after the overthrow of Ukraine’s president and the ensuing crisis, industry leaders in the U.S. pushed to change regulations that prevent liquid natural gas (LNG) exports. If Ukraine had truly wanted to break free from Russian influence, it would have had to eliminate its dependence on Russian gas. However, during that critical … Continue reading
How to Win a Game of Chicken
OPEC’s refusal to cut crude oil production is like a declaration of war on the United States’ energy industry. Amidst falling oil prices, policymakers have largely stayed out of the fray, leaving U.S. shale oil producers locked in a price war while the public enjoys lower gas prices. However, with the price of oil hovering … Continue reading
HFT Firms Manipulating NASDAQ
Threatening equity markets, stock manipulation is among the hottest topics for investors today. Michael Lewis, author of Flash Boys: A Wall Street Revolt, describes the U.S. stock market as rigged in favor of High Frequency Trading (HFT) firms. In a 60 Minutes edition, Lewis stated that these firms are able to “identify your desire to … Continue reading