Inside the Asylum

Politics, EconomicsJuly 18, 2009 9:16 pm

The Obama administration is certainly doing a good job of championing oppressive governments like Cuba and trying to undermine constitutional rule in places like Honduras. Democrats have been responsible for endangering the free trade agreement with Colombia too, despite Colombia being one of America's best friends in the region.

Now the Colombians have something to say on the matter, and it's not "please kick us some more."

Colombian wheat buyers and millers told Obama this week that U.S. wheat sales to their country would likely drop by more than 50 percent if a pending free trade agreement isn’t ratified soon... Colombia is the largest market for U.S. wheat in South America, with a U.S. market share typically around 70 percent and an average of almost $165 million in sales each year.

However, leading competitors, notably Canada and Argentina, are poised to take more of the market due in large part to more favorable trade preferences. Wheat from Argentina already enters duty free, and Canada will be ratifying a free trade agreement with Colombia later this year. Colombia is also working on a free trade agreement with the European Union.

The agreement was signed back in 2006, but it's been stalled ever since. Can you blame the Colombians for being a bit annoyed?

Politics, War 8:47 pm

Israel continues to send "messages" to Iran.

Two Israeli warships have sailed through the Suez Canal between the Mediterranean and the Red Sea, Israeli and Egyptian officials say. Israeli media described the passage of the two Saar class missile boats as a "message" to Iran.

However, it seems like the Israeli submarine that passed through the Suez recently has returned to the Mediterranean. You would think they would have left it in the Red Sea if they had any plans to act soon.

Politics 8:44 pm

The Non-Aligned Movement is gathering in Sharm El Shiekh. The most pressing matter on the agenda?

What’s the point of the non-aligned movement when there’s nothing left to not ally with?