Tag Archives | International Trade

WikiLeaks Releases Secret Trans-Pacific Partnership Agreement (TPP) Environment Chapter

WikiLeaks

WikiLeaks

One of the most disturbing things about the Trans-Pacific Partnership Agreement (TPP) is that its contents are not made public. WikiLeaks is doing its best to rectify that. In their latest disclosure the Environment Chapter of TPP is revealed:

Today, 15 January 2014, WikiLeaks released the secret draft text for the entire TPP (Trans-Pacific Partnership) Environment Chapter and the corresponding Chairs’ Report. The TPP transnational legal regime would cover 12 countries initially and encompass 40 per cent of global GDP and one-third of world trade. The Environment Chapter has long been sought by journalists and environmental groups. The released text dates from the Chief Negotiators’ summit in Salt Lake City, Utah, on 19-24 November 2013.

The Environment Chapter covers what the Parties propose to be their positions on: environmental issues, including climate change, biodiversity and fishing stocks; and trade and investment in ‘environmental’ goods and services. It also outlines how to resolve enviromental disputes arising out of the treaty’s subsequent implementation.

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America the Beautiful: A Fire Sale for Foreign Corporations

Dr Brian Moench sounds the alarm at Truthout:

This may be one of the most important stories ever ignored by the so-called “lame-stream, liberal” media. It’s unlikely you’re losing sleep over US trade negotiations, but the unfolding business agreement among the US and eight Pacific nations – the Trans-Pacific Partnership (TPP) – should cause every US citizen, from the Sierra Club to the Tea Party to get their pitch forks and torches out of the closet and prepare to “storm the Bastille.”

The TPP negotiations have been going on for two years under extreme secrecy, no information has been made available to either the press or Congress about the US position. But on June 12, a document was leaked to the watchdog group, Public Citizen, revealing the current US position and the reason for the secrecy. The contents are surreal, shocking and prima facia evidence for how corporations have become the master puppeteers of our government.

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Saudi Police Open Fire At Protest – What Next?

Source: Norman Einstein (CC)

Source: Norman Einstein (CC)

Did shit just hit the fan? Those keeping up with the Middle East protests and oil prices are well aware of the powder keg that is Saudi Arabia.

Yahoo News reports:

CAIRO – Saudi police opened fire Thursday to disperse a protest in the mainly Shiite east, leaving at least one man injured, as the government struggled to prevent a wave of unrest sweeping the Arab world from reaching the kingdom.

For full article, see Yahoo News.

“Oil will go up ‘ballistically’ if unrest shifts to Saudi Arabia, says Marc Faber”. Business Intelligence Middle East reports:

Brent crude futures could hit US$200 a barrel if political unrest spreads into Saudi Arabia, Societe Generale said on Monday.

Under what the bank called Geopolitical Scenario 3, “unrest spreads to Saudi Arabia and threatens Saudi crude exports and any remaining spare capacity. Brent price range of US$150-US$200 a barrel,” it said in a research note.

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