This week, President Obama is in Lough Erne, Northern Ireland, for the G8 summit, an annual meeting of the world’s wealthiest countries: the U.S., Canada, France, Germany, Italy, Japan, Russia, and the United Kingdom. Last year, world hunger was on the agenda as the President hosted G8 leaders at his …
Last week, Brazil announced that it is finally eliminating its most prominent tax on foreign portfolio investment. This reversal is the most recent reminder of the negative effects of capital controls. Capital controls are measures, sometimes in the form of taxes or fees, that limit the movement of capital into …
Jim Yong Kim, president of the World Bank, faces perhaps the most critical decision in his presidency so far. He must defend the Bank’s annual “Doing Business” report from attacks by China and some nongovernmental organizations (NGOs). His failure to do so will have far-reaching negative impacts on the World …
Concluding The Heritage Foundation’s fifth annual Protect America Month series, former Secretary of Defense Donald Rumsfeld shared his insights on why a free-market system that promotes economic freedom is critical to ensuring America’s prosperity and security. In an interview with Dr. Edwin Feulner, former president of The Heritage Foundation, Rumsfeld …
May 15th marks the one-year anniversary of the implementation of the U.S.–Colombia Free Trade Agreement (FTA). Over the past 12 months, a growing number of businesses in both countries have taken action to capitalize on the expanded opportunities for the free flow of products, services, and ideas created by the …
President Obama will be visiting Mexico City on May 2–4, where he will meet with his counterpart Enrique Pena Nieto. Both leaders have made clear that they want to change the conversation and not let runaway violence and Mexico’s persistent security crisis, which has claimed over 60,000 lives since 2006, …
Voters go to the polls on Sunday, April 14, to elect Venezuela’s next president. Snap elections followed the March 5 death of the authoritarian populist Hugo Chavez. It appears likely that voters will choose Nicolas Maduro, interim president, and Chavez’s handpicked successor, over opposition candidate Henrique Capriles. A dying Chavez …
