With just two months until the next (16th) round of negotiations of the Trans-Pacific Partnership (TPP) begin in Singapore, supporters of the inaptly named “free trade agreement” are ratcheting up the number of reports favorably promoting formation of the regional trade bloc.
At a meeting last week in Cambodia chaired by President Obama, leaders from all the countries participating in the Trans-Pacific Partnership (TPP) approved a motion to set the end of 2013 as an informal deadline for the completion of the TPP in preparation for the creation of the Free Trade Area of the Asia Pacific (FTAAP).
The graveyard of American businesses is receiving another occupant. Orwigsburg, Pennsylvania-based apparel manufacturer FesslerUSA, over 100 years old, is closing its doors. The company, founded in 1900, began by producing cotton underwear, and most recently has marketed private-label fashion knitwear. Its all-American approach to business reflected the values and ingenuity that made American capitalism thrive.
In a formal response to the invitation extended in June, Canada has officially joined the secretive Trans-Pacific Partnership (TPP). After undergoing the requisite review of its domestic trade policies, Canada has joined the other 10 countries already signed on to the trade pact. The 11 nations now comprising the TPP are: Australia, Brunei, Canada, Chile, Malaysia, Mexico, New Zealand, Peru, Singapore, Vietnam and the United States.
JBS CEO Art Thompson's weekly video news update for August 27 - September 2, 2012. In this week's video news update JBS CEO Art Thompson discusses: Immigration Agents Sue Obama Administration; Ecuadorian head seeks support from other communists in Assange case; South African mine workers retain tribal differences; and Germany headed for referendum on tighter integration into the EU.
As the European Union continues to assume ever greater powers over the once-sovereign nations of the region, voters in the United Kingdom have been fed up for a while. In fact, if they were allowed to vote in a referendum, polls consistently show the U.K. would overwhelmingly opt to ditch the EU once and for all. And analysts, as well as activists on both sides of the issue, believe the day may soon come where British resistance to the emerging super-state finally prevails.