It would be a relief to report with any certainty that the negotiations over the Trans-Pacific Partnership (TPP)—a massive proposed free-trade zone spanning the Pacific Ocean and all four hemispheres—are definitely empowering corporations to the detriment of workers, the environment, and sovereignty throughout the region. Unfortunately, the secretive and opaque character of the negotiations has made it difficult to report much of anything about them.
Dodd-Frank’s Cardin-Lugar Amendment Undermined by Weak SEC
Without enforcement by a strong regulatory body, the Cardin-Lugar Amendment will represent nothing more than the formalization of good intentions.
Global Problems for the New Gilded Age
Worried critics decry the similarities between the corruption-laden late 19th-century American Gilded Age and the crony capitalism of today, but similar historical lessons surrounding the problems of global trade and foreign policy have gone neglected.
Destroying the Commons
Down the road only a few generations, the millennium of Magna Carta, one of the great events in the establishment of civil and human rights, will arrive. Whether it will be celebrated, mourned, or ignored is not at all clear.
Iran Navy Reassures West It Won’t Block Strait of Hormuz
Iran has no immediate plans to block the Strait of Hormuz on response to sanctions.
Only Connect
Kaganga John and I were huddled around my computer in the food court of the United Nations Conference on Sustainable Development, Rio+20. We were checking our emails to see if anyone had agreed to meet with us. I felt the brush of suit jackets as people rushed by us.
“We aren’t leaving this conference without a concrete step toward sustainable development for your village,” I told Kaganga, “even if that means we don’t sleep.”
Iran Sanctions: War by Other Means
Now that the talks with Iran on its nuclear program appear to be on the ropes, are we on the road to war? The Israelis threaten it almost weekly, and the Obama administration has reportedly drawn up an attack plan. But in a sense, we are already at war with Iran.
Corporate Accountability In Liberia Gets A Fresh Look
Ellen Johnson Sirleaf, Liberia’s first woman president, has been praised internationally for her efforts to address war crimes from the country’s civil war and for negotiating significant debt relief, even winning the Noble Peace Prize as a result. However, a briefing held last Thursday by IPS’ Foreign Policy in Focus coinciding with Sirleaf’s recent visit to the United States drew attention to areas that Sirleaf has failed to adequately address. The event was well attended, with more people than could fit into our conference room.
Multinationals Use International Tribunals to Overpower Nation-States
Multinational corporations can override the domestic laws of countries through the international tribunals.
Spanish Austerity Savage to the Point of Sadism
Even though Deutsche Bank helped cause its financial crisis, Spain is bailing it out.