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Buycott
An anti-boycott, counter-boycott, or buycott is the excess buying of a particular brand or product in an attempt to counter a boycott of the same brand or product. Anti-boycott measures could also be in the form of laws and regulations adopted by a state to prohibit the act of boycott among its citizens. Consumer activism Anti-boycotts in the United States have been employed by organizations that criticize consumer activism, especially during periods when such movement—for a portion of the American public—was considered un-American. Once boycott was adopted by the labor movement as one of its tactics, opponents of that movement began organizing anti-boycott leagues in response. The usual reason for an anti-boycott is to discourage a company or entity from backing down on the decision that initially caused the boycott. Some examples of anti-boycotts include: *The 2006 " Buy Danish" campaign, set up to counter the boycott of Danish goods by the Middle East *The anti-boycot ...
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Goya Foods
Goya Foods, Inc. is an American producer of a brand of foods sold in the United States and many Spanish-speaking countries. It has facilities in the United States, Puerto Rico, the Dominican Republic and Spain. It is under third-generation ownership of the Spanish-American Unanue family, and is headquartered in Jersey City, New Jersey. History Goya Foods was founded in 1933 (some sources claim 1936), by Prudencio Unanue Ortiz (1886–1976) from Valle de Mena, Spain. Prudencio immigrated to Puerto Rico, where he met and married Carolina Casal (1890–1984), also a Spanish immigrant; they later moved to New York City. The family had originally opened a small store called "Unanue and Sons" in 1922; however, it was converted to wholesale in the mid 1930s. Prudencio purchased the "Goya" name from a Moroccan sardine company because he believed that his last name was too difficult to pronounce for American customers and also liked the association to Spanish artist Francisco Goya. Wh ...
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Brand
A brand is a name, term, design, symbol or any other feature that distinguishes one seller's good or service from those of other sellers. Brands are used in business, marketing, and advertising for recognition and, importantly, to create and store value as brand equity for the object identified, to the benefit of the brand's customers, its owners and shareholders. Brand names are sometimes distinguished from Generic brand, generic or store brands. The practice of branding - in the original literal sense of marking by burning - is thought to have begun with the ancient Egyptians, who are known to have engaged in livestock branding as early as 2,700 BCE. Branding was used to differentiate one person's cattle from another's by means of a distinctive symbol burned into the animal's skin with a hot branding iron. If a person stole any of the cattle, anyone else who saw the symbol could deduce the actual owner. The term has been extended to mean a strategic personality for a produ ...
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Cross-Strait Relations
Cross-Strait relations (sometimes called Mainland–Taiwan relations, or Taiwan-China relations) are the relations between China (officially the People's Republic of China) and Taiwan (officially the Republic of China). The relationship has been complex and controversial due to the dispute on the political status of Taiwan after the administration of Taiwan was transferred from Japan to the Republic of China at the end of World War II in 1945, and the subsequent split between the PRC and ROC as a result of the Chinese Civil War. The essential question is whether the two governments are still in a civil war over One China, each holding within one of two "regions" or parts of the same country (e.g. "1992 Consensus"), whether they can be reunified as One country, two systems, or whether they are now separate countries (either as "Taiwan" and "China" or Two Chinas). The English expression "cross-strait relations" is considered to be a neutral term which avoids reference to ...
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Taiwan
Taiwan, officially the Republic of China (ROC), is a country in East Asia, at the junction of the East and South China Seas in the northwestern Pacific Ocean, with the People's Republic of China (PRC) to the northwest, Japan to the northeast, and the Philippines to the south. The territories controlled by the ROC consist of 168 islands, with a combined area of . The main island of Taiwan, also known as ''Formosa'', has an area of , with mountain ranges dominating the eastern two-thirds and plains in the western third, where its highly urbanised population is concentrated. The capital, Taipei, forms along with New Taipei City and Keelung the largest metropolitan area of Taiwan. Other major cities include Taoyuan, Taichung, Tainan, and Kaohsiung. With around 23.9 million inhabitants, Taiwan is among the most densely populated countries in the world. Taiwan has been settled for at least 25,000 years. Ancestors of Taiwanese indigenous peoples settled the isla ...
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United States-China Economic And Security Review Commission
The United States-China Economic and Security Review Commission (informally, the US-China Commission, USCC) is an independent agency of the United States government. It was established on October 30, 2000, through the Floyd D. Spence National Defense Authorization Act. The USCC is responsible for providing recommendations based on their findings on bilateral trade with the People’s Republic of China, evaluating national security and trading risks in all industries and conducting research on China’s actions. All these findings are discussed in their hearings, and submitted as an annual report or specific research topics every year. In part due to its small size, the USCC directly reports to Congress and the president - it is not a part of any other department or agency in the federal government. The USCC consists of 12 commissioners who staff it and facilities that were absorbed from the former US Trade Deficit Review Commission. The commissioners are appointed to two-year te ...
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Voluntary Association
A voluntary group or union (also sometimes called a voluntary organization, common-interest association, association, or society) is a group of individuals who enter into an agreement, usually as volunteering, volunteers, to form a body (or organization) to accomplish a purpose. Common examples include trade associations, trade unions, learned society, learned societies, professional associations, and environmental movement, environmental groups. All such associations reflect freedom of association in ultimate terms (members may choose whether to join or leave), although membership is not necessarily voluntary in the sense that one's employment may effectively require it via occupational closure. For example, in order for particular associations to function effectively, they might need to be mandatory or at least strongly encouraged, as is true of trade unions. Because of this, some people prefer the term common-interest association to describe groups which form out of a common i ...
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Letter Of Credit
A letter of credit (LC), also known as a documentary credit or bankers commercial credit, or letter of undertaking (LoU), is a payment mechanism used in international trade to provide an economic guarantee from a creditworthy bank to an exporter of goods. Letters of credit are used extensively in the financing of international trade, when the reliability of contracting parties cannot be readily and easily determined. Its economic effect is to introduce a bank as an underwriter that assumes the counterparty risk of the buyer paying the seller for goods. History The letter of credit has been used in Europe since ancient times. Letters of credit were traditionally governed by internationally recognized rules and procedures rather than by national law. The International Chamber of Commerce oversaw the preparation of the first Uniform Customs and Practice for Documentary Credits (UCP) in 1933, creating a voluntary framework for commercial banks to apply to transactions worldwi ...
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Arab League
The Arab League ( ar, الجامعة العربية, ' ), formally the League of Arab States ( ar, جامعة الدول العربية, '), is a regional organization in the Arab world, which is located in Northern Africa, Western Africa, Eastern Africa, and Western Asia. The Arab League was formed in Cairo on 22 March 1945, initially with six members: Kingdom of Egypt, Egypt, Kingdom of Iraq (1932–1958), Iraq, Emirate of Transjordan, Transjordan (renamed Jordan in 1949), Lebanon, Saudi Arabia, and Syria. Yemen joined as a member on 5 May 1945. Currently, the League has member states of the Arab League, 22 members, but Syria's participation has been suspended since November 2011. The League's main goal is to "draw closer the relations between member states and co-ordinate collaboration between them, to safeguard their independence and sovereignty, and to consider in a general way the affairs and interests of the Arab countries". The organization has received a relatively l ...
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Tax Reform Act Of 1976
The Tax Reform Act of 1976 was passed by the United States Congress in September 1976, and signed into law by President Gerald Ford on October 4, 1976, becoming . The act increased the percentage standard deduction to 16% ($2,800 max) and minimum standard deduction to $2,100 (joint returns). The general tax credit (max of $35/capita or 2% of $9,000 income) was temporarily extended, and small business tax rates were temporarily lowered through 1977. For the first time in US history, the Tax Reform Act of 1976 established tax incentives designed to encourage the preservation of historic structures – "sixty years after architectural obsolescence had first been officially recognized in the US tax code." The act delayed decreasing in the investment tax credit through 1980. It expanded the individual minimum tax and increased the long-term capital gains holding period from 6 months to 1 year. A unified rate schedule for estate and gift taxes with a $175,000 exemption was created. ...
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Export Administration Act Of 1979
The Export Administration Act (EAA) of 1979 (P.L. 96-72) provided legal authority to the President to control U.S. exports for reasons of national security, foreign policy, and/or short supply. The act was in force from 1979 to 1994, with a lapse in 1984–85. During this lapse, and upon the law's expiration, the authority of export regulations was continued by executive authority. Presidents Ronald Reagan, Bill Clinton, and George W. Bush each declared that the expiration created an emergency under the International Emergency Economic Powers Act and reauthorized all regulations on that basis. The Act was repealed by the Export Controls Act of 2018 enacted on August 4, 2018. That law made the Export Administration Regulations permanent. However, "because the implementation of certain sanctions authorities, including sections 11A, 11B, and 11C of the Export Administration Act,(that were not repealed), the president must continue to use the IEEPA to reauthorize every year. Regulat ...
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Donald Trump
Donald John Trump (born June 14, 1946) is an American politician, media personality, and businessman who served as the 45th president of the United States from 2017 to 2021. Trump graduated from the Wharton School of the University of Pennsylvania with a bachelor's degree in 1968. He became president of his father's real estate business in 1971 and renamed it The Trump Organization. He expanded the company's operations to building and renovating skyscrapers, hotels, casinos, and golf courses. He later started side ventures, mostly by licensing his name. From 2004 to 2015, he co-produced and hosted the reality television series ''The Apprentice (American TV series), The Apprentice''. Trump and his businesses have been involved in more than 4,000 state and federal legal actions, including six bankruptcies. Trump's political positions have been described as populist, protectionist, isolationist, and nationalist. He won the 2016 United States presidential election as the Repu ...
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Robert Unanue
The Unanue family of New York City is a wealthy American family of Spanish origin. They were the 170th richest family in the United States in 2014 according to ''Forbes'', having a net worth of US$1.1 billion. The patriarch, Prudencio Unanue Ortiz, migrated from Spain in the 20th century and established Goya Foods, the largest Hispanic-owned food company in the United States. The family's members include Joseph A. Unanue and Andy Unanue. Goya Foods is the 377th largest private American company. First generation Prudencio Unanue Ortiz (1886–1976), was the founder of Goya Foods. He was born in Villasana de Mena, in the province of Burgos, in northern Spain. In 1903, at the age of seventeen, Unanue migrated to San Lorenzo, Puerto Rico, in search of employment opportunities and established a small food distribution business. In 1918 he moved on to New York City, to enroll in the Albany Business School, and in 1921 returned to San Lorenzo to marry Carolina Casal de Valdés (1890� ...
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