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February 19 2014

08:00

Trade leak shows U.S.’s weak environmental pitch, groups say

The Politico - By Eric Bradner - Feb. 19 (News) - “Climate change” has gone missing in trade talks between the United States and 11 Pacific Rim countries. Top U.S. trade negotiators appear to be trying to steer their counterparts away from even using the phrase in the massive Trans-Pacific Partnership pact, a leaked summary of the the U.S.’s most recent proposal seems to show. The document indicates that the White House’s rewrite would replace “trade and climate change” as the title of a section with “transition to a low-emissions economy.”

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February 17 2014

08:00

Obama Admin's TPP Trade Officials Received Hefty Bonuses From Big Banks

republicreport.org - By Lee Fang - Feb. 17 (Investigative Report) - Officials tapped by the Obama administration to lead the Trans-Pacific Partnership trade negotiations have received multimillion dollar bonuses from CitiGroup and Bank of America, financial disclosures obtained by Republic Report show. Stefan Selig, a Bank of America investment banker nominated to become the Under Secretary for International Trade at the Department of Commerce, received more than $9 million in bonus pay as he was nominated to join the administration in November. The bonus pay came in addition to the $5.1 million in incentive pay awarded to Selig last year.

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January 20 2014

08:00

Iran starts implementing nuclear deal

Associated Press - By Ali Akbar Dareini - Jan. 20 (News) - VIENNA — Iran halted its most sensitive uranium enrichment work on Monday as part of a landmark deal struck with world powers, easing concerns over the country's nuclear program and clearing the way for a partial lifting of sanctions, Tehran and the U.N. said.

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January 15 2014

07:54

N.S.A. Devises Radio Pathway Into Computers

New York Times - Jan. 15 (News) - The agency has used a covert channel of radio waves to reach computers that adversaries have tried to make impervious to spying or cyberattack.

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Tags: Trade Privacy

January 06 2014

08:00

Lessons from 20 Years of NAFTA

Huffington Post - By Stan Sorscher - Jan. 06 (Special Report) - everyone I know wants good trade policies that raise living standards at home and abroad. The question is not trade versus protectionism. It's good trade policy versus bad trade policy. NAFTA and numerous subsequent trade deals perform very well for investors and global businesses, while leaving most workers and communities at a disadvantage. Since NAFTA, our trade deficits totaled over $8 trillion. We've lost millions of good manufacturing jobs and de-industrialized our economy.

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January 03 2014

08:00

NAFTA at 20: Lori Wallach on U.S. Job Losses, Record Income Inequality, Mass Displacement in Mexico

Democracy Now - By Amy Goodman - Jan. 03 (Special Report) - The North American Free Trade Agreement between the United States, Mexico and Canada went into effect 20 years ago this week on January 1, 1994. The massive trade pact was signed into law by President Bill Clinton amidst great promise that it would raise wages, create jobs and even improve health and environmental safety standards. Hundreds of thousands of U.S. jobs have vanished as companies sought lower wage workers in Mexico. Meanwhile, NAFTA has generated more poverty in Mexico, forcing millions of citizens to migrate to the United States in search of work. We speak to Lori Wallach, director of Public Citizen's Global Trade Watch and author of the new report, "NAFTA at 20."

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December 26 2013

08:00

Massive Inequality Didn't Just Happen—It Was Engineered by Conservative Government Policies

AlterNet - By Dean Baker - Dec. 26 (Opinion) - Trade is probably the best place to start just because it is so obvious. Trade deals like NAFTA were quite explicitly designed to place our manufacturing workers in direct competition with the lowest paid workers in the world. The text was written after consulting with top executives at major companies like General Electric. Our negotiators asked these executives what changes in Mexico's law would make it easier for them to set up factories in Mexico. The text was written accordingly. When we saw factory workers losing their jobs to imports from Mexico and other developing countries, this was not an accident.

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December 11 2013

08:00

USW Criticizes TPP Trade Deal Negotiations

DigitalJournal.com - Dec. 11 (Press Release) - Leo W. Gerard, International President of the United Steelworkers (USW), today issued the following statement on the lack of transparency and other outcomes being negotiated in the current proposed trade deal with 11 Asian nations known as Trans-Pacific Partnership (TPP). Gerard participated in a media call with Members of Congress and a labor-environmental trade coalition earlier today.

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December 07 2013

08:00

Joe Stiglitz writes open letter to TPP negotiators

keionline.org - By James Love - Dec. 07 (News Report) - Professor Joseph Stiglitz has written an open letter to the TPP negotiators, asking that they resist proposals to weaken consumer rights in intellectual property. The letter identifies 12 specific "grave risks" in the IP Chapter, and calls upon negotiators to publish the investor state dispute resolution text.

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December 05 2013

08:00

Government Policy Designed for the One Percent Screws Walmart Workers

AlterNet - By Dean Baker - Dec. 05 (News Analysis) - the cards were not just dealt out randomly; there was a rigged deck. People with better alternatives don't go to work for Walmart at eight or nine dollars an hour. And a main reason that Walmart workers don't have better alternatives is that we have run economic policy in a way that doesn't give them better alternatives. Part of this story is our trade policy.

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December 02 2013

08:00

Deflating German Excuses

New York Times - By By SIMON TILFORD, JOHN SPRINGFORD - Dec. 02 (Opinion) - Germany's trade surplus beyond Europe adds to pressure on the euro zone.

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November 19 2013

08:00

7 Brilliant Designs That Are Saving Lives

Wired - By Tim Brown - Nov. 19 (Special Report) - Let's take a minute to praise drip tape. You can find it at your local gardening center—thin, perforated plastic strips that deliver water directly to a plant's roots. Drip tape is one of the biggest advancements in farming of the past 80 years, radically reducing the water industrial farmers need and enabling our food supply to skyrocket. We take it for granted because, like many great designs, it is so simple and commonplace. But it depends on a pressurized water supply. Millions of farmers in the developing world, where drip irrigation is impossible, must carry water cans on their backs—painful, scarring labor.

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November 15 2013

08:00

Russia Ratchets Up Pressure On Ukraine

monitorfrontiermarkets.com - Nov. 15 (News) - In a bid to keep Ukraine from signing a trade partnership with the European Union next month, Russian Prime Minister Dmitry Medvedev suggested this week that Moscow might demanding advance payment before delivering any natural gas to Ukraine – a bill that the nearly bankrupt government cannot pay. Ukraine is on the verge of one of its most consequential policy decisions since the Soviet collapse in 1991. At a summit in Lithuania Nov. 28-29, Ukraine will decide whether to sign a new “association” agreement with the European Union, called the Eastern Partnership. Ukraine has said it will sign the deal, but Russia is doing all it can to make sure Ukraine doesn’t. Its latest threat came this week as Moscow said it might start demanding advance payment before delivering natural gas.

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08:00

Putin Beats EU as Finland Rediscovers Soviet-Era Trade: Economy

Bloomberg - By Kati Pohjanpalo - Nov. 15 (News) - Finland, which lost its biggest trading partner when the Soviet Union collapsed, is now pegging its export recovery on Russia.

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November 14 2013

08:00

TPP Exposed

Democracy Now - By Amy Goodman, Juan Gonzalez, Julian Assange - Nov. 14 (News Report) - WikiLeaks has published the secret text to part of the biggest U.S. trade deal in history, the Trans-Pacific Partnership (TPP). For the past several years, the United States and 12 Pacific Rim nations have been negotiating behind closed doors on the sweeping agreement. A 95-page draft of a TPP chapter released by WikiLeaks on Wednesday details agreements relating to patents, copyright, trademarks and industrial design — showing their wide-reaching implications for Internet services, civil liberties, publishing rights and medicine accessibility.

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November 13 2013

08:00

TPP Uncovered: WikiLeaks releases draft of highly-secretive multi-national trade deal

rt.com - Nov. 13 (News Report) - Details of a highly secretive, multi-national trade agreement long in works has been published by WikiLeaks, and critics say there will be major repercussions for much of the modern world if its approved in this incarnation. The anti-secrecy group published on Wednesday a 95-page excerpt taken from a recent draft of the Trans-Pacific Partnership, or TPP, a NAFTA-like agreement that is expected to encompass nations representing more than 40 percent of the world’s gross domestic product when (Ed. IF) it is finally approved: the United States, Japan, Mexico, Canada, Australia, Malaysia, Chile, Singapore, Peru, Vietnam, New Zealand and Brunei.

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08:00

Trans-Pacific Partnership Talks Stir House Bipartisan Opposition

Huffington Post - By Zach Carter - Nov. 13 (News Report) - Separate groups of House Republicans and Democrats on Tuesday condemned the Obama administration's proposed sweeping free trade agreement with 11 Pacific nations, known as the Trans-Pacific Partnership. Strongly worded letters to President Barack Obama Tuesday were signed by hardline tea partiers, true-blue progressives, and moderate, corporate-friendly lawmakers in both parties, indicating political trouble for a trade deal the administration had hoped to seal by year end.

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November 08 2013

08:00

How Can the New York Times Endorse an Agreement the Public Can't Read?

eff.org - By Maira Sutton - Nov. 08 (News Analysis) - The New York Times' editorial board has made a disappointing endorsement of the Trans-Pacific Partnership (TPP), even as the actual text of the agreement remains secret. That raises two distressing possibilities: either in an act of extraordinary subservience, the Times has endorsed an agreement that neither the public nor its editors have the ability to read. Or, in an act of extraordinary cowardice, it has obtained a copy of the secret text and hasn't yet fulfilled its duty to the public interest to publish it.

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November 07 2013

08:00

Trans-Pacific Partnership: "We Will Not Obey"; Building a Global Resistance Movement

truth-out.org - By Kevin Zeese, Margaret Flowers - Nov. 07 (Opinion) - We are in a time of transformational change. The opportunity is here to reverse the destruction wrought by rigged corporate trade agreements and to demand trade that is fair and promotes sustainable practices. There is no reason trade cannot improve the lives of workers and people around the world, as well as protect the planet from the rapacious destruction of corporate greed. We need to insist that people and the planet come before profits.

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November 06 2013

08:00

A Full-Frontal Assault on Democracy in Europe and the United States

AlterNet - By George Monbiot - Nov. 06 (News Analysis) - The purpose of the Transatlantic Trade and Investment Partnership is to remove the regulatory differences between the US and European nations. I mentioned it a couple of weeks ago. But I left out the most important issue: the remarkable ability it would grant big business to sue the living daylights out of governments which try to defend their citizens. It would allow a secretive panel of corporate lawyers to overrule the will of parliament and destroy our legal protections. Yet the defenders of our sovereignty say nothing.

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