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  • News Releases on January 27, 2015 Hong Kong Declines, but Remains the World's Freest Economy, 2015 Index of Economic Freedom Shows

    WASHINGTON, JAN. 27, 2015—Hong Kong is the world’s freest economy in the 2015 Index of Economic Freedom, though “a higher level of perceived corruption” pulled its score to within two-tenths of a point of runner-up Singapore. The Index—published annually by The Wall Street Journal and The Heritage Foundation—this year shows significant improvement in the Asia-Pacific…

  • News Releases on January 27, 2015 Index: Economic Freedom Declines Slightly in North America

    WASHINGTON, JAN. 27, 2015—The United States finally halted its five-year slide in the rankings of the annual Index of Economic Freedom, rising by 0.7 points in the 2015 edition, but retaining its No. 12 ranking among the world’s economies. North America is still the world’s freest region. Yet Canada, which has led the region since 2010, lost 1.1 points last year and slid…

  • News Releases on January 27, 2015 2015 Index: Economic Freedom Rises Slightly in Middle East/North Africa

    WASHINGTON, JAN. 27, 2015—The average level of economic freedom in the Middle East and North Africa remains about the same as last year, with economic and political policies that hamper development prevalent in the region, according to the 2015 Index of Economic Freedom, published by The Wall Street Journal and The Heritage Foundation. Structural and institutional…

  • News Releases on January 27, 2015 Index: Economic Freedom Expands in Europe, but Mounting “Policy Barriers” to Growth Persist

    WASHINGTON, JAN. 27, 2015—Europe became more economically free last year, but factors such as costly labor regulations and high tax burdens are stifling its progress, according to the 2015 Index of Economic Freedom, published by The Wall Street Journal and The Heritage Foundation. The vast majority of the region’s economies are at least “moderately free” by Index…

  • News Releases on January 27, 2015 Economic Freedom Declines in Central, South America, 2015 Index Shows

    Venezuela slides most in region; Chile remains 7th in world ranking   WASHINGTON,  JAN. 27, 2015—The South and Central America/Caribbean region became less economically free last year, reversing some of its latest gains and making it one of two regions to decline in the 2015 Index of Economic Freedom, published by The Wall Street Journal and The Heritage Foundation.…

  • News Releases on January 27, 2015 2015 Index of Economic Freedom: Global Economic Freedom Expands, Only Two Regions Decline

    WASHINGTON, JAN. 27, 2015—The world economy is “moderately free,” with a slight rise in economic liberty leading to a third annual global increase, according to the editors of the 2015 Index of Economic Freedom, released today by The Heritage Foundation and The Wall Street Journal. The world average score of 60.4 is only one-tenth of a point above the 2014 average, but…

  • News Releases on January 27, 2015 Index: Economic Freedom Expands in Many Parts of Sub-Saharan Africa

    WASHINGTON, JAN. 27, 2015—Sub-Saharan Africa’s overall level of economic freedom remains low, yet the region experienced the most widespread improvement over the last year, according to the 2015 Index of Economic Freedom, published by The Wall Street Journal and The Heritage Foundation. Sub-Saharan Africa lacks a “free” economy, and is home to only one classified as…

  • Issue Brief posted January 26, 2015 by David Inserra Congress Should Refocus DHS on Crucial Cybersecurity Reforms

    Several weeks ago, President Barack Obama announced that the Department of Homeland Security (DHS) would provide work authorization and protection from deportation to as many as 5 million unlawful immigrants. While Heritage has written on the harm done by the President’s executive actions to the U.S. immigration system and the rule of law, another serious side effect is…

  • Issue Brief posted January 26, 2015 by Steven P. Bucci, Ph.D., Paul Rosenzweig, David Inserra Reforming DHS: Missed Opportunity Calls for Congress to Intervene

    Late last year, President Barack Obama announced that the Department of Homeland Security (DHS) would provide work authorization and protection from deportation to as many as 5 million unlawful immigrants. One of the side effects of that announcement is the distraction syndrome. In government, senior leadership focus on, at most, two or three issues at a time. When…

  • Backgrounder posted January 26, 2015 by James Sherk Unions Charge Higher Dues and Pay Their Officers Larger Salaries in Non–Right-to-Work States

    Businesses with monopolies charge higher prices and operate less efficiently than they would facing competition. Labor unions operate no differently. Unions charge workers more and spend their money less carefully in states where they can compel workers to purchase their services. Union financial reports reveal that they charge workers roughly 10 percent higher dues and…

  • Issue Brief posted January 23, 2015 by Bryan Riley Needed: A Congressional Mandate for Economic Freedom

    Congress will soon consider giving trade promotion authority (TPA) to the executive branch for several years, starting with hearings by the Senate Finance and House Ways and Means Committees on January 27. TPA establishes expedited congressional procedures for handling trade agreements negotiated under its directives. Some legislators who might otherwise be inclined to…

  • Issue Brief posted January 21, 2015 by Robert E. Moffit, Ph.D., Alyene Senger Replacing Medicare’s SGR: Four Bipartisan Options to Finance a Permanent Fix

    The new Congress must stop irresponsible federal spending. This applies to replacing the Medicare Sustainable Growth Rate (SGR) formula that annually updates Medicare physician payment with a workable alternative. In 2014, House and Senate negotiators, representing three major congressional committees, worked long and hard to hammer out a compromise SGR replacement…

  • Issue Brief posted January 16, 2015 by David Inserra Terrorist Plot 63: Attempt to Bomb the U.S. Capitol Shows the U.S. Cannot Ignore the Threat of Terrorism

    On January 14, the FBI arrested Christopher Cornell for plotting to bomb the U.S. Capitol and then fire upon those who fled from the buildings. According to the complaint filed against him, Cornell, who was using the alias Raheel Mahrus Ubaydah, supported the Islamic State and sought to wage jihad against the U.S. This is the 63rd successful or foiled Islamist terrorist…

  • Issue Brief posted January 14, 2015 by Luke Coffey, Theodore R. Bromund, Ph.D., Nile Gardiner, Ph.D. Top Five Policy Priorities for Europe in 2015

    The United States faces mounting challenges in Europe in 2015. Russia is on the march in Ukraine, many of America’s oldest allies question its commitment to transatlantic security, and the economies of Europe have still not fully recovered from the Euro crisis. In addition, the specter of Islamist terrorism has raised its ugly head again in Europe, with the brutal slaying…

  • Issue Brief posted January 13, 2015 by Nile Gardiner, Ph.D., Luke Coffey, Theodore R. Bromund, Ph.D. David Cameron’s Visit to Washington: An Important Opportunity to Renew Anglo–American Leadership

    President Barack Obama will host British Prime Minister David Cameron at the White House on January 15–16. This will be Cameron’s last visit to the United States before the U.K.’s general election on May 7, 2015. Five issues should dominate the visit: (1) Russia’s aggression in Eastern Europe; (2) the crisis in Iran and the Levant; (3) the future of the U.K. inside the…