Pennsylvania Budget Plan
"A budget agreement with Wolf calls for new revenue of $600 million-plus – or more than $1.2 billion over a full year – from new sources of money, all or nearly all of it from tax increases." -abc27
United States and Cuba Relations
Federal Rates Increase
"After seven years of the most accommodating monetary policy in U.S. history, the Fed on Wednesday, as widely expected, approved a quarter-point increase in its target funds rate." -
Federal Budget News - Increase in Alternative Energy Spending
Russia and Turkey Tensions
Russia is currently holding eight Turkish vessels in its ports after Turkey shot down a Russian warplane, the Daily Sabah in Istanbul reported Wednesday.
Moscow has since detained Turkish travelers, stopped Turkish vehicles from crossing into Russia and now denied Turkish trade ships from entering Russian ports.
In response, Turkey has tightened its inspections of Russian vessels coming into Turkish ports. Turkish maritime authorities had detained 27 Russian ships as of Tuesday due to missing documents or transactions in line with the Mediterranean and Black Sea memorandums.