SHERRITT GOES TO CUBA (A): POLITICAL RISK IN UNCHARTED TERRITORY (Case study analysis) EXECUTIVE SUMMARY Investing in developing countries requires not only an in-depth assessment of the economic‚ political and cultural factors involved but also the reconsideration of the investor’s long-term strategies. Based on Sherritt International entry into Cuba‚ this case study analysis evaluates how Sherritt approached the Cuban government and how well it negotiated the terms under which the joint venture
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The American policy of containment in Cuba was a total failure. To what extent do you agree with this statement? It is often said that the containment policy during the Cuban missile crisis was a success on America’s part‚ but was it really? America lost a loyal ally‚ almost caused a nuclear war and Cuba still stayed communist. America had to promise never interfere with Cuba again‚ and hence‚ America would not be able to regain any control or get rid of Castro as it had set out to do before the
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Foreign Policy on Cuba The foreign policy of the United States toward Cuba over the past fifty years has caused many problems for the Cuban society and its people‚ and relations between the two nations have been at odds for decades due to the harsh foreign policy stance of the United States toward Cuba. The United States has considered Cuba as its enemy ever since July 1960 when Fidel Castro’s new revolutionary government changed everything. Castro seized privately owned land in Cuba‚ nationalized
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that allowed U.S. interests to flourish in Cuba‚ juxtaposed against the rebel leader Castro that came afterward and the lasting effects that that has had with the relationship between Cuba and the United States and the resulting embargo that sprung from the wake. After the brief history‚ there is a dissection of the problems and consequences that this embargo has had on the U.S. and policy suggestion to help mitigate and repair relations. Background Cuba became an independent state in 1902. From
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attitudes to attacking Cuba and the importance of the perception from the American people. The meeting itself was as a result of the early morning revelation made by McGeorge Bundy‚ JFKs national security assistant. He had‚ on the morning of October 16th 1962‚ brought the president high altitude photographs taken from U-2 planes flying over Cuba. They showed Soviet soldiers hurriedly and secretly selling up nuclear-armed missiles. JFK had been aware of weaponry being sent to Cuba by the Soviet but
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Che Guevara was a key personality who played a pivotal role not only in the revolutionary movement’s seizure of power in 1959 but also in the social revolution which transformed Cuba into a Communist state. Guevara contribution was primarily as a unifying and driving force of the revolution behind the leadership of Fidel Castro. Guevara played significant role in the guerrilla army which seized power in 1959 and also in Castro’s regime where he held various positions of influence. Guevara’s impact
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The United States embargo against Cuba (dubbed by its opponents in Cuba and Latin America as el bloqueo‚ Spanish for "the blockade") is a commercial‚ economic‚ and financial embargo partially imposed on Cuba in October 1960 (almost two years after the Batista regime was deposed by the Cuban Revolution.) It was enacted after Cubanationalized the properties of United States citizens and corporations and it was strengthened to a near-total embargo on February 7‚ 1962. Today is December 8‚ 2012. Around
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relations with Cuba? If so‚ should the United States stipulate any conditions? Cold war between United States and Cuba are over 50 years. Through 50 years‚ United States impose trade embargo of Cuban so‚ there is no business trade among two countries which is no Cuban products or raw material may enter the U.S.‚ U.S. companies and foreign banned from trade with Cuba‚ Cuba must pay cash up front when importing U.S. food‚ U.S. citizens banned from spending money or receiving gifts in Cuba and in effect
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the making of the modern world. London: Vintage. Ball‚ S.J. (1997) The Cold War: An International History‚ 1947-1991. London: A Hodder Arnold Publication. Mason‚ J.W. (1996) The Cold War: 1945-1991. New York: Routledge. Brenner‚ P. (1990‚ October) Cuba and the Missile Crisis. Journal of Latin American Studies‚ 22‚ 125-152.
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Pre-revolutionary Cuba was no paradise for gays and lesbians. There were gay bars where homosexual men could meet‚ but to be a maricone (faggot) was to be a social outcast. Laws made it illegal to be gay and police targeted homosexuals for harassment. Many gay men were drawn into prostitution for largely US-based clients. In this repressive atmosphere‚ homosexuality was linked to prostitution‚ gambling and crime. The 1959 Cuban Revolution improved living conditions for the vast majority of
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