A transatlantic trade deal would eliminate restrictions on U.S. exports of fracked gas to the EU.
U.S.-EU Trade Pact: A Field Day for Fossil Fuels and Fracking
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Free Trade Agreements
The TPP: A Quiet Coup for the Investor Class
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.
60-Second Expert: Nix the FTA
The U.S.-South Korea FTA is broken and not worth fixing.
El Salvador’s Gold Fight
As El Salvador transitions from decades of conservative rule to the administration of leftist President Mauricio Funes, the country faces an international showdown triggered by a restrictive free-trade agreement between the United States and Central America. Canada’s Pacific Rim Mining Corporation is suing the government for its refusal to allow it to mine gold in El Salvador’s rural north. If Pacific Rim succeeds in securing the $100 million settlement it seeks, that would set a troubling precedent. At stake is a question that affects all nations: Can private interests trump national sovereignty under international law?
Globalization in Retreat
When it first became part of the English vocabulary in the early 1990s, globalization was supposed to be the wave of the future. Fifteen years ago, the writings of globalist thinkers such as Kenichi Ohmae and Robert Reich celebrated the advent of the emergence of the so-called borderless world. The process by which relatively autonomous national economies become functionally integrated into one global economy was touted as “irreversible. ” And the people who opposed globalization were disdainfully dismissed as modern day incarnations of the Luddites that destroyed machines during the Industrial Revolution.