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Trade Deal

Don’t Give A Damn About TPP?

By David Swanson for American Herald Tribune - Former U.S. Trade Representative Ron Kirk, and others who had seen all or part of the text of theTrans-Pacific Partnership, used to say that just making it public would stop it dead. But that depends on a number of factors, I think. The TPP has now been made public. Twelve nations have just gone ahead and signed it. And their hope is to see their governments ratify it during the next two years. The destruction wreaked by NAFTA can be seen in thousands of hollowed out towns across the United States, if you trust the bridges to get you there and are willing to risk drinking the water.

German Judges Slap TTIP Down

By Ben Knight for DW - The German Magistrates Association (DRB) has delivered a slap in the face to the European Union, by coming out against one of the key planks of the Transatlantic Trade and Investment Partnership (TTIP) - the special courts allowing investors and corporations to sue national governments if their policies happen to threaten their profits. "The DRB sees neither a legal basis nor a need for such a court," the association said in a statement issued on Wednesday. The judges added that the assumption that foreign investors currently don't already enjoy "effective judicial protection" has no "factual basis."

Corporate Power Doesn’t Always Win: Remembering FTAA

By Aldo Orellana López and Thomas Mc Donagh for Foreign Policy In Focus - In retrospect, it sounds like a dream come true: a mobilized population, intercontinental organizing, cooperative left-wing governments — all culminating in the downfall of a major corporate-friendly trade agreement that would have covered a large chunk of the global economy. It wasn’t just a dream. The proposed Free Trade Area of the Americas, or FTAA — meant to span all of North and Latin America — went down in defeat in 2005. Now, over a decade later, as we face two other upcoming trade deals...

Newsletter: Movement Mobilizes To Stop The TPP

By Kevin Zeese and Margaret Flowers for Popular Resistance. Now that the TPP is public, opposition is rising as we see the TPPis actually worse than expected. In an interview with Jaisal Noor of The Real News, Margaret Flowers explains how the TPP was a victory for the corporations on issue after issue, including reducing wages and worker rights, undermining environmental protection, making healthcare more expensive, undermining Internet freedom and more. Kevin Zeese in a conversation with Chris Hedges talks about how the TPP is the greatest corporate power grab in US history and how people have to rise up to stop the race to the bottom that will affect every aspect of our lives. A few days after the text was released, we highlighted ten shocking realities of the TPP. The final text showed that critics were right about what it would contain. In fact, the TPP is a step backward on many important issues.

European Mining Dispute Shows Risk Of Corporate Trade Deals

By Deirdre Fulton in Common Dreams - Offering a stark warning of how corporate-friendly trade pacts like the TransAtlantic Trade and Investment Partnership (TTIP) put both democracy and the environment at risk, a Canadian company is seeking damages from Romania after being blocked from creating an open-pit gold mine over citizen concerns. Gabriel Resources Ltd. announced last week that it had filed a request for arbitration with the World Bank's International Center for Settlement of Investment Disputes, a body not unlike the secret tribunals that critics like Sen. Elizabeth Warren (D-Mass.) have warned against. The corporation's Rosia Montana open-pit gold mine project stalled after a series of protests in cities across Romania in 2013 demanded Gabriel's plan be dropped.

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