If confirmed as the next Department of Energy (DOE) Secretary, Dr. Ernest Moniz will take over an agency that has increasingly injected itself into making investment decisions with taxpayer money that would be more efficiently made by the private sector. The Heritage Foundation disagrees with many of the policy recommendations …
In New York, the Arms Trade Treaty (ATT) conference is entering its final phase, and the ways in which the negotiations might fail are becoming clearer. A large number of nations—mainly the Middle East but also Bangladesh, Cuba, North Korea, Venezuela, Zimbabwe, and others—are not going to get much of …
A recent news report was headlined: “Lawmakers, business groups balk at trade deal with protectionist Japan.” A more accurate title would have been: “Protectionist U.S. lawmakers, special-interest groups balk at trade deal with Japan.” Over 40 Members of Congress recently wrote to President Obama to express concern about allowing Japan …
It was recently reported that the federal government is considering buying 400,000 tons of sugar to prop up prices for sugar producers. The government would then sell the sugar at a loss of 10 cents per pound, costing taxpayers $80 million. Conventional wisdom for investors is “buy low, sell high.” …
Today, Prime Minister Shinzo Abe announced that Japan will officially join the Trans-Pacific Partnership (TPP). This comes a day after Prime Minister Abe received the okay to join TPP by his Liberal Democratic Party, a month after visiting President Obama and discussing the partnership, and more than a year since …
March 15 marks the first anniversary of the Korea–U.S. Free Trade Agreement (KORUS FTA). Over the past 12 months, a growing number of businesses in both countries have taken action to capitalize on the expanded opportunities created by the free flow of products, services, and ideas through the KORUS FTA. …