U.S.-Cuba Sanctions At Work, They Work (Just Ask the Europeans)

U.S.-Cuba policy opponents in this town enjoy finding every possible reason why the United States should ease economic sanctions on Cuba. They’ve been at it for almost twenty years and, frankly, have never come close to succeeding in changing the policy because it works better than they’ll ever publicly admit. And a recent lawsuit filed …

Morning Musings

Brazilian prosecutors are going after a Brazilian company that is very cozy with the Cuban regime, Odebrecht. But the charges, that we know of, have nothing to do with Cuba this time. Prosecutors allege that the company engaged in human trafficking of Brazilian workers in a biofuels project in, of all places, Nigeria. Nigeria is a …

Democrats Do Boko Haram Kabuki, Republicans Lead

The politics of righteous indignation is an art that has been perfected by both political parties. Just about any issue imaginable involving human suffering is ripe for the mostly didactic monologues politicos, some news folks, excel at when tragedy strikes. The socialist wing progressives of the Democratic Party are especially skilled at making the most of these situations. …

US Treasury OFAC Cracks Down on P2P Cuba Travel, Sanctions Violations

It is starting to appear that the U.S. Treasury Department Office of Foreign Assets Control (OFAC) is cracking down on more travel agencies offering people-to-people (P2P) travel services to Communist Cuba. Just yesterday OFAC announced that a Delaware corporation, with offices in Argentina, will pay close to three million dollars for alleged violations of U.S.-Cuba sanctions. …

Cuba, Release Alan Gross. Maybe Then US Can Help with “People to People” Banking Transactions

It is one of these odd stories that make me wonder if there is someone in the U.S. government that is, finally, utilizing our laws and regulations to exact concessions from the regime in Cuba. I’ve even managed to work in some Seinfeld. Read on. Under U.S. law, Americans can travel to Cuba by what …

Georgia Man Sentenced to Prison for US-Iran Sanctions Violations

A Georgia man has been sentenced to 18 months in federal prison for violating U.S.-Iran sanctions. There are many lessons an exporter can draw from this case, the most important one is very basic: never lie to a federal officer or give them any reason to think you’re trying to hide something from them. Go …

Iran “Deal”: The Devil IS The Details, And Then Some

Official Washington is abuzz this morning with news that a “historic” deal had been reached with Iran over its nuclear program. I had several clients that reached out asking what does it all mean? What frozen assets are being released? Will U.S. economic sanctions continue to be fully enforced? Frankly, it is mostly much to …