“At a time when our Republican conference is divided, this will divide it even further,” argues Representative Jeb Hensarling of Texas, one of the chief opponents of the Export-Import Bank of the United States. Relatively unknown until the recent political battle, the Bank had its authorization lapse earlier this year when Congress failed to renew its […]
Tag: exports
California’s Drought: A Trickling Time Bomb
In early March senior NASA Jet Propulsion Laboratory water scientist Jay Famiglietti reported that the state of California has approximately a single year’s supply of water in its reservoirs, with backup groundwater supply having rapidly decrease. His LA Times editorial urges an immediate call to action following its startling announcement. “California has about one year of […]
The High Cost of Threats: Sino-Israeli Relations
Say “economic sanctions” and three countries come to mind: Russia, Iran, and North Korea. Sanctions are usually reserved for historically hostile regimes, not long-time allies. Yet Obama administration and other Western European nations are threatening to impose sanctions on Israel, with the assumption that Israel is so dependent on Western markets that it will have […]