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United States Lifts Remaining Restrictions on Arms Sales to Vietnam

Description: This report discusses the recent removal of remaining U.S. restrictions on sales of lethal weapons and related services to Vietnam. During the Vietnam War (1955-1975), the United States imposed a complete embargo on arms sales to North Vietnam, and then expanded it to cover the entire country after Communist forces defeated U.S-backed South Vietnamese government in 1975. In 2007, the Bush Administration eased the ban by allowing non-lethal defense items and defense services to be exported on a… more
Date: May 23, 2016
Creator: Manyin, Mark E. & Kerr, Paul K.
open access

Military Lending Act: Timeline, New Rules, and Issues

Description: This report briefly discusses new rules under the Military Lending Act (MLA) that change the definition of consumer credit for covered servicemembers and dependents; it will apply to transactions or accounts that are established on or after October 3, 2016. These rules may have an impact on the regulatory burdens for businesses that provide credit products to the military and may also affect military readiness.
Date: June 1, 2016
Creator: Kamarck, Kristy N.
open access

The United Kingdom and the European Union: Stay or Go?

Description: This report briefly discusses the British referendum regarding whether or not to remain in the European Union. The outcome of the referendum remains difficult to predict. Polling results have varied from week to week and continue to suggest a close race with a significant number of undecided voters. Some polls in mid-June have shown a late shift in favor of the Leave campaign.
Date: June 20, 2016
Creator: Mix, Derek E.
open access

The Open Skies Treaty: Issues in the Current Debate

Description: This report discusses the current debate surrounding the Treaty on Open Skies, which the United States, Canada, and 22 European nations signed on March 24, 1992. The treaty entered into force on January 1, 2002, and now has 34 member states. Each participant must permit unarmed observation aircraft to fly over its entire territory to observe military forces and activities.
Date: June 10, 2016
Creator: Woolf, Amy F.
open access

North American Leaders' Summit

Description: This report discusses the North American Leaders' Summits (NALS), a trilateral summit that meets in effort to increase cooperation on broader economic and security issues between the United States, Canada, and Mexico.
Date: June 16, 2016
Creator: Villarreal, M. Angeles
open access

DOD's Rotation to the Philippines

Description: This report briefly discusses the Department of Defense's (DOD's) announcement of its intention to "rebalance" by focusing more of its attention and activity on Asia. One goal is to influence the development of regional norms and rules, particularly as China exerts greater influence.
Date: May 31, 2016
Creator: Else, Daniel H.
open access

Economic Growth Slower Than Previous 10 Expansions

Description: This report briefly discusses the recent pace of economic growth in the United States. A recent poll found that nearly 60% of U.S. adults believe that the economy is performing poorly. Although this expansion is already the fourth longest since the 1850's (34 quarters to date), the slow pace of economic growth means the overall gains have been relatively small.
Date: June 30, 2016
Creator: Stupak, Jeffrey M.
open access

Senate Action on U.S. Circuit and District Court Nominations During the Eighth Year of a Presidency

Description: This report discusses the process by which lower federal court judges are nominated by the President and approved by the Senate during the final year of a presidency. The eighth year of a presidency is significant, in part, because it is the final opportunity for a President to appoint individuals as U.S. circuit and district court judges.
Date: June 30, 2016
Creator: McMillion, Barry J.
open access

Midnight Rules: Congressional Oversight and Options

Description: This report discusses "midnight rulemaking," referring to the phenomenon during the final months of recent presidential administrations when federal agencies have typically issued a larger number of rules relative to comparable time periods earlier in the administration. It likely occurs because the outgoing presidential administration wants to achieve certain policy goals before the end of its term.
Date: June 27, 2016
Creator: Carey, Maeve P.
open access

Brazil in Crisis

Description: Brazil is in the midst of deepening economic and political crises that are closely intertwined and unlikely to be resolved quickly. This report briefly examines the political situation and discusses public opinion regarding the Rousseff Administration.
Date: April 6, 2016
Creator: Meyer, Peter J.
open access

Negative Interest Rates

Description: In a few foreign economies, including the euro area, Switzerland, and Japan, central banks have purposely set some short-term interest rates used to carry out monetary policy at negative levels. This report briefly discusses the reasons behind this phenomenon.
Date: April 20, 2016
Creator: Labonte, Marc
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