An agreement on the Trans-Pacific Partnership has finally been reached, but the full text of the agreement has not been released yet. This column looks at the new set of rules comprising the TPP and whether it deserves to be called a ‘21st century free trade agreement’. It argues that the success or failure of the 12-country pact rests ultimately on the dispute settlement procedures.
Read more...China appears to be in denial that it can’t have more open financial markets and maintain the same degree of control over the economy that it once enjoyed.
Read more...The TTIP could jeopardize the ability of the European Union and the United States to put in place the proper regulations to meet climate targets.
Read more...A list of some of the factors driving the recent market upheaval in China. Readers will hopefully add to and refine this compilation.
Read more...Yves here. I beg to differ a tad with Hudson in this Real News Network video regarding his third economic story. The US had already pushed Europe to side with it against Russia when it hit Russia with economic sanctions. The US had similarly declared an economic war of sorts against China with its “pivot […]
Read more...Saying tariffs could be a good thing is close to a taboo in economics. Is that distaste justified?
Read more...Capitalism’s “recovery” now proceeds like another speeding train headed toward contradiction and catastrophe.
Read more...Quelle surprise! The US fell all over itself to give Japan breaks on agricultural trade to cinch a TPP deal. But developing countries? Fuggedaboudit.
Read more...Let’s start our latest illustration of how easily a reckless, internationally mobile crook can sidestep national regulators, with a helpful observation by Bess Levin at Dealbreaker in May 2010: Let it be known: if you are not interested in having your supervisor (circle all that apply:) send you videos of himself masturbating, texts about the […]
Read more...How the West is deploying the IMF to fight the nightmare scenario of US geopolitical strategists: foreign economic independence from the US.
Read more...By David Dayen, a lapsed blogger and author of Chain of Title, to be released May 2016. Follow him on Twitter @ddayen. The U.S. Trade Representative’s Office has been maligned for its network of Trade Advisory Committees, allegedly “independent” counsel for trade agreements. The Washington Post did the best work on the Advisory Committees back […]
Read more...The election of businessman Mauricio Macri to the presidency in Argentina signals a rightward turn in the country and, perhaps, in South America more generally. Macri, the candidate of the right-wing Compromiso para el cambio (Commitment to Change) party, defeated Buenos Aires province governor Daniel Scioli (the Peronist party candidate) in November’s runoff election, by less than 3% of the vote.
Read more...Can American foreign policy be made to work better for US citizens (outside the arms industry) and the rest of the world?
Read more...Funny how foreign firms have failed to break into Japan for reasons having nothing to do with regulatory barriers, which calls the logic of “trade” deals like the TPP into question.
Read more...For the people of Mexico, the TPP could be the ultimate kick in the teeth. They have fought their own government, industry and some of the world’s largest, most powerful corporations tooth and nail to preserve their food sovereignty.
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