Peter McKenna, a professor of political science at the University of Prince Edward Island in Charlottetown, provided the following opinion article. I ...
A vintage car drives by the U.S. Embassy in Havana, Cuba. The ghosts of Helms-Burton, the anti-Cuba law passed by the U.S. Congress in early 1996, are about to reappear with bad intentions, writes Peter McKenna. Reuters filePeter McKenna, a professor of political science at the University of Prince Edward Island in Charlottetown, provided the following opinion article.Helms-Burton
It was also intended to “internationalize” the U.S. embargo by sending a message to Canada and other European governments to cease engaging with the Cubans economically and financially. Stated differently, Helms-Burton targeted Canadian and European businesses that had commercial operations in the Caribbean country – mostly in the form of joint ventures with the Cuban government.
The saving grace for Canada, however, was that Helms-Burton permitted the U.S. president to sign a waiver suspending its application of Title III provisions. And every president since Bill Clinton dutifully did so. But Donald Trump, largely for domestic political purposes, changed all that in April of 2019, when he announced that he would no longer sign the presidential waiver.
The final dollar figure, though, could even be much higher than that under the Helms-Burton Act. It outlines in the anti-Cuba law that the courts could actually triple the amount awarded in damage claims . Court documents reportedly showed that the cruise lines generated over US$1 billion in revenues from offshore excursions and paid Cuban authorities US$138 million in fees and charges since 2015.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
New Waterford Coal Bowl Classic to honour 1984 New Waterford Dodgers Atlantic Intermediate ‘A’ Baseball champions | SaltWireNEW WATERFORD, N.S. — The New Waterford Coal Bowl Classic will honour the 1984 New Waterford Dodgers, who captured the Atlantic Intermediate ‘A’ Baseball ...
Read more »
Andy Donato cartoon, Jan. 29, 2023Get your daily fix of our daily editorial cartoons covering politics in Canada, US and around the world. View commentary expressed in drawings.
Read more »
GM sinking almost a billion dollars into new gas V8Yes, in the midst of announcement after announcement regarding EV model launches comes news of a new small\u002Dblock Chevy
Read more »
GM sinking almost a billion dollars into new gas V8Yes, in the midst of announcement after announcement regarding EV model launches comes news of a new small\u002Dblock Chevy
Read more »
Sault College welcomes two new planes to its aviation fleetTwo single engined Zlin aircraft purchased from Czech Republic
Read more »