united states (3)

Gabriel Hubieres

Capstone I

Week 7


                     Things are looking very tense right now in the aftermath of the disappearance of Saudi journalist Jamal Khashoggi, who many believe was abducted and murdered inside the Saudi Consulate in Istanbul, Turkey. While tensions between Saudi Arabia and Turkey are high, and many western countries including the U.S. are considering issuing economic and arms sanctions on the country, the Saudis issued a veiled threat that emphasized its "vital

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Q2 GDP Revised to 3.1%, up 0.1%

The Department of Commerce revised second-quarter GDP growth by 0.1%, from 3.0% to 3.1%. The next-highest GDP growth rate hasn't occurred since Q3 2016 when the US posted a growth rate of 2.8%. 

GDP growth has been a major topic of discussion in both business and politics. Many believe that there's no reason that the US can't continue to post 3% or higher growth rates in the next few years. Others, however, believe that the days of significant GDP growth are over. 

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Jones Act is Strangling Puerto Rico

Free Puerto Rico, America’s Colony (New York Times)

The US shipping industry is putting a multi-million dollar squeeze on Puerto Rico (Business Insider)

Puerto Rico has been a US territory since 1898 when it was acquired from Spain. In 1920 the United States imposed the Merchant Marine Act (also known as Jones Act) which required any import (foreign food, goods, etc.) to enter the island in an American vessel. While foreign may directly enter the island, they must pay many import taxes which end

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