A billion-dollar showdown is looming in Central America this week as a Calgary-based mining company announced it will sue the country of Costa Rica, infuriating residents who say their sovereignty is being taken away.
Infinito Gold was hoping to operate an open-pit gold mine in the Crucitas region of Costa Rica’s north.
Negotiators fail to close deal amid revelations of internal discord over US corporate bullying. The Obama administration's pro-corporate Trans-Pacific Partnership (TPP) agenda appears to have missed a deadline.
If government and big business representatives from 12 countries spend years negotiating a massive new trade bill but don't tell the general public about it, does it still go into effect? Can it still accelerate the flow of American jobs to countries that have abysmal records on human rights and labor rights, countries like Vietnam? Can it still spur a race to the bottom where Americans forfeit their moral, environmental and employment standards for larger trade deficits of cheap imported goods and minimum wage employment at home?
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As the U.S. continues to hammer out multi-nation trade agreements like TPP, seeing that dealmakers act in the best interests of all stakeholders can be a tall order. Especially when a dozen countries, their negotiators, and some 600 corporate "trade advisers" have pinkie-sworn to keep the details "secret."
Today, 151 Democratic members of the House of Representatives sent a letter to President Obama laying out their concerns about the lack of consultation during the Trans-Pacific Partnership (TPP) negotiations and their opposition to “fast tracking” the deal without any meaningful congressional input. House Democrats joined the growing chorus of some 194 members of Congress who have publicly expressed their frustrations with this massive trade agreement.
First global trade deal in 20 years to boost world commerce 'favours big business at the expense of developing countries' The World Trade Organisation has sealed its first global trade deal after almost 160 ministers who had gathered on the Indonesian island of Bali agreed to reforms to boost world commerce.
Developing countries including India win concessions but critics say World Trade Organisation is no forum for helping the poor. The first global trade deal since the creation of the World Trade Organisation (WTO) nearly two decades ago was condemned by anti-poverty groups on Friday as a boost for big business at the expense of developing nations.
A new caucus of supporters of the Trans-Pacific Partnership agreement under negotiation was launched yesterday in the US Congress.
The Friends of the Trans-Pacific Partnership (TPP) caucus is headed by four co-chairman: Republican Reps. David Reichert of Washington and Charles Boustany of Louisiana, and Democratic Reps. Ron Kind of Wisconsin and Gregory Meeks of New York.
Outside Salt Lake City’s Grand America Hotel on Tuesday, the rains fell, the speakers rose, the marchers chanted.
Inside, top trade negotiators from the United States and 11 other Pacific Rim nations perhaps discussed imports and exports, profits and products, prices and patents. The exact topics aren’t known. The talks were closed.
This Friday, the busiest shopping day of the year, tens of millions of Americans will travel to Walmart stores to look for holiday discounts on computers, toys, and cell phones as well as to buy groceries and basic household items.
He was CEO of the hamburger behemoth, McDonald's, pulling down a hefty $8.8 million in pay. Last year, though, Skinner retired, and, rather than getting a gold watch, he was given a load of gold — so large that even a Brink's armored truck would have been too small to haul it all away. His salary of $753,000 was the least of it.
Sen. Warren: 'Social Security is incredibly effective, it is incredibly popular, and the calls for strengthening it are growing louder every day.'
With Social Security cuts once again on the table in closed-door congressional budget negotiations, a growing movement has taken the offensive, demanding that lawmakers strengthen, rather than stranglehold, our social safety net.
Ryan’s office on Wednesday received a petition signed by more than 700,000 people that said there should be “no grand bargain” in the budget negotiations being led by Ryan and Sen. Patty Murray, D-Wash., “in exchange for cuts to Social Security, Medicare and Medicaid benefits.”
The farm bill will almost inevitably include deep cuts to the food stamps program—unless House Democrats join with conservatives to kill the bill. The food stamps program—which helps feed one in seven Americans—is in peril. Republicans in the House have proposed a farm bill—the five-year bill that funds agriculture and nutrition programs—that would slash food stamps by $40 billion. But by taking advantage of House Republicans' desire to cut food stamps as much as possible, Democrats might be able to prevent cuts from happening at all.
If you’re reading this column, you probably don’t participate in a government program such as SNAP, to help provide food for your family. If you can afford to have a newspaper delivered to your home, or if you have a computer and an internet connection so you can read online, you may have more than enough money for food.
Washington, D.C.— Congresswoman Barbara Lee (D-CA) issued the following statement on the passing of former President of South Africa Nelson Mandela:
Iraq is still suffering from the US invasion because the apparatus of state oppression and terror is still in place, killing people every day. But few in the US seem to realize the scale of the war crimes committed in Iraq, an expert author told RT.
Having the most expensive and destructive military does not make the American people safer. The idea of U.S. "national security" seems inextricably entangled with the notion of "military supremacy."
All of a sudden we’re talking to Iran. Now, granted, that shouldn’t be such an astonishing bombshell. But given the reality of the last several decades, it pretty much is. And that’s all good. It’s been too long coming, it’s still too hesitant, there’s still too much hinting about military force behind it… but we’re talking. Foreign minister to foreign minister, Kerry to Zarif, it’s all a good sign.
A trillion dollars. It's a lot of money. In a year it could send 127 million college students to school, provide health insurance for 206 million people, or pay the salaries of seven million schoolteachers and seven million police officers.
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