Third Writing Assignment Essay Example | Topics and Well Written Essays - 750 words

Third Writing Assignment - Essay Example Other than the domestic powers, the President also has broad rights over foreign policy. He can appoint ambassadors. The president with the aid of the Secretary of the State can maintain all contact with foreign powers. In many cases, the president can personally be present in Summit conferences where all heads of state assemble for direct consultation. For instance, President Woodrow Wilson represented his country in the Paris peace conference after WWII was over. Since then, US Presidents regularly meet with world leaders for discussion of economic and political matters to reach bilateral and multilateral agreements. The President’s job is also to protect the Americans abroad and look after the foreign nationals in America. The President has the right to approve new nations and government, and enter into treaties with other nations which is however subject to approval from two-third of the Senate. The President also has the right to enter into â€Å"executive agreementsâ₠¬  with other nations which do not need approval from the Senate. The President also acts as the Commander-in-Chief of the armed forces since only with power over the army he can add credibility to his foreign policies. He has the power to decide when to intervene abroad. For instance, US Presidents have intervened during wars in Korea and Vietnam by deploying troops as required (â€Å"Presidential Powers†; Watts, 99). The power of the Congress is concerned with collection of taxes, duties, excises and imports. The Congress also allocates funds for the defence and general welfare of the country. According to the US constitution, the Congress has the power to frame foreign policies. The laws passed by the Congress, or the treaties and nominations that the Senate agrees can have impact on the country’s interaction with other nations. Although the president has the right to establish and implement foreign policies, it is the Congress who has the right to approve fund

Do the UK opt-out from the Euro and EU enlargement make Britain less Essay

Do the UK opt-out from the Euro and EU enlargement make Britain less attractive for foreign investors - Essay Example Most importantly, the single currency i.e. the Euro is managed by the European Central Bank and is so far adopted by 12 of the 25 member states (Wikipedia, 2006). Initially, the primary purpose of liaison between the European countries was to avoid catastrophes such as the world wars which started in Europe and engulfed the world with time. However, the economic benefits also have to be considered because the European Economic Council and then the European Union have emerged as the world’s single largest developed market with a total population that is over 450 million. It also has the highest GDP i.e. more than six trillion British pounds (Wikipedia, 2006). The EU is certainly not resting on its laurels and is in the process of expanding its member base (27 countries by 2007). This expansion process makes the group more attractive to foreign investors since membership of the group signifies common laws, the advantages of uniform policies in a single market, the relatively free movement of goods and services, unhindered movement of skilled labour with similar employment and social policy between countries. For the financial and industrial sectors, the EU brings free movement of capital, uniform industrial and intellectual property rights, a liberalized energy market and uniform consumer protection policies. As a final step towards the union, European countries are adopting the single currency, Euro. There are numerous benefits of joining the Eurozone as discussed by Huhne (2004), adopting the single currency provides a better deal for consumers owing to competition and would also help in pension income, especially when the risk would be spread around the wider euro maket. UK will be able to focus on real monetary and economic environment instead of using interest rates to maintain over valuation of Pound Sterling. Alignment of interest rates will also lead to