Bringing you the research that your taxes already paid for.

United States

Panama: Political and Economic Conditions and U.S. Relations

With five successive elected civilian governments, the Central American nation of Panama has made notable political and economic progress since the 1989 U.S. military intervention that ousted the regime of General Manuel Noriega from power. Current President Ricardo Martinelli of the center-right Democratic Change (CD) party was elected in May 2009, defeating the ruling center-left Democratic Revolutionary Party (PRD) in a landslide. Martinelli was inaugurated to a five-year term on July 1, 2009.

Proposed U.S.-Colombia Free Trade Agreement: Background and Issues

The proposed U.S.-Colombia Trade Promotion Agreement, also called the U.S.-Colombia Free Trade Agreement (CFTA), was signed by the United States and Colombia on November 22, 2006. The agreement must be approved by the U.S. Congress before it can enter into force. The Colombian Congress approved the agreement in June 2007 and again in October 2007, after it was modified to meet labor and environmental concerns. Upon congressional approval, it would immediately eliminate duties on 80% of U.S. exports of consumer and industrial products to Colombia.

Japan's 2011 Earthquake and Tsunami: Economic Effects and Implications for the United States

Japan™s 2011 Earthquake and Tsunami: Economic Effects and Implications for the U.S. Congressional Research Service 1 Overview The March 11, 2011, earthquake and tsunami that occurred in Japan followed by a nuclear crisis and shortage of electricity is having a large negative economic impact on the country but a lesser effect on world markets. Japan has lost considerable physical and human capital.

Libya: Unrest and U.S. Policy

Over forty years ago, Muammar al Qadhafi led a revolt against the Libyan monarchy in the name of nationalism, self-determination, and popular sovereignty. Opposition groups citing the same principles are now revolting against Qadhafi to bring an end to the authoritarian political system he has controlled in Libya for the last four decades.

Haiti's National Elections: Issues and Concerns

In proximity to the United States, and with such a chronically unstable political environment and fragile economy, Haiti has been a constant policy issue for the United States. Congress views the stability of the nation with great concern and commitment to improving conditions there. Both Congress and the international community have invested significant resources in the political, economic, and social development of Haiti, and will be closely monitoring the election process as a prelude to the next steps in Haiti's development.

Value-Added Tax (VAT) as a Revenue Option: A Primer

This report summarizes issues, arguments, and concerns relevant to a value-added tax (VAT). Long-term fiscal problems, which were exacerbated by the recession that ended in June 2009, resulted in widespread concern about the need to formulate a fiscal solution to the high budget deficits and growing national debt. The levying of a value-added tax, a broad-based consumption tax, has been discussed as one of many options to assist in resolving U.S. fiscal problems. CRS Report R41602, Should the United States Levy a Value-Added Tax for Deficit Reduction?

Battery Manufacturing for Hybrid and Electric Vehicles: Policy Issues

The United States is one of several countries encouraging production and sales of fully electric and plug-in hybrid electric vehicles to reduce oil consumption, air pollution, and greenhouse gas emissions. The American Recovery and Reinvestment Act of 2009 (ARRA, P.L. 111-5) provided federal financial support to develop a domestic lithium-ion battery supply chain for electric vehicles. President Obama has called for 1 million fully electric vehicles to be on U.S. roads by 2015.

Puerto Rican Statehood: Effects on House Apportionment

For years, the people of the Commonwealth of Puerto Rico have been involved in discussions relating to changing the political status of Puerto Rico from a commonwealth of the United States to either the 51st state or an independent nation, or maintaining the status quo as a commonwealth. In the 111th Congress, H.R. 2499, introduced by Representative Pedro Pierluisi, would have established procedures to determine Puerto Rico's political status. It would have authorized a two-stage plebiscite in Puerto Rico to reconsider the status issue. H.R. 2499 was similar to H.R.

Liability and Compensation Issues Raised by the 2010 Gulf Oil Spill

The 2010 Deepwater Horizon incident produced the largest oil spill that has occurred in U.S. waters, releasing more than 200 million gallons into the Gulf of Mexico. BP has estimated the combined oil spill costs--cleanup activities, natural resource and economic damages, potential Clean Water Act (CWA) penalties, and other obligations--will be approximately $41 billion. The Deepwater Horizon oil spill raised many issues for policymakers, including the ability of the existing oil spill liability and compensation framework to respond to a catastrophic spill.

International Criminal Court and the Rome Statute: 2010 Review Conference

ICC Review Conference and U.S. Engagement The International Criminal Court (ICC, or Court) was established in 2002 as the first permanent court to prosecute war crimes, crimes against humanity, and genocide (together, "ICC crimes"). Pursuant to a provision in the Statute of the International Criminal Court ("Rome Statute" or "Statute"), the States Parties to the Rome Statute agreed to review the Court's activities seven years after its establishment. In compliance with this provision, the States Parties convened a Review Conference in Kampala, Uganda, May 31ŒJune 11, 2010.