- Hillary Clinton campaign got illicit funds from D.C. scandal figure
- Obama administration backs off plan to cut prescription-drug program
- Tickets linked to stolen passports purchased by Iranian middleman
- More than 3,500 police planned for Boston Marathon
- Ottawa day care suspends 2-year-old for ‘outside’ cheese sandwich
- Liam Neeson tells NYC mayor to ‘man up’ in horse carriage fight
- Real-life Dr. Doolittle to reveal how to talk to animals
- Climate change could bring back smallpox, researchers say
- Shoe-bomb witness to speak from London at N.Y. trial
- New evidence could threaten Army sex assault case
Taxpayers must pay the freight for over-budget train projects
Topic - Trans-Pacific Strategic Economic Partnership
The Trans-Pacific Partnership (TPP), also known as the Trans-Pacific Strategic Economic Partnership Agreement, is a multilateral free trade agreement that aims to further liberalise the economies of the Asia-Pacific region; specifically, Article 1.1.3 notes: “The Parties seek to support the wider liberalisation process in APEC consistent with its goals of free and open trade and investment.” The original agreement between the countries of Brunei, Chile, New Zealand and Singapore was signed on June 3, 2005, and entered into force on May 28, 2006. Five additional countries – Australia, Malaysia, Peru, United States, and Vietnam – are negotiating to join the group. On the last day of the 2010 APEC summit, November 14, leaders of the nine negotiating countries endorsed the proposal advanced by President Obama that set a target for settlement of negotiations by the next APEC summit in November 2011. - Source: Wikipedia
When it comes to trade across borders, the more things change, the more they remain the same.
Even as President Obama is praising congressional Democrats for their unity on raising the nation's debt ceiling, he is encountering the election-year limits of party discipline on a wide range of his other priorities.
A group of American celebrities and other activists want President Barack Obama to refuse to sign an international trade agreement until Japan bans the capture and slaughter of dolphins in the fishing town of Taiji.
Connecticut's U.S. Rep. Rosa DeLauro is stepping up pressure on congress to increase pay for Americans to promote economic opportunity and upward mobility.
The Republican co-sponsor of a bill key to President Obama's effort to swing major new trade deals with Asian and European partners warned Thursday that the agreements won't pass unless the administration supports them more actively.
The Obama administration failed to meet its self-imposed deadline of Dec. 31 for completing a major new initiative that would affect a vast swath of the economy.
President Obama has stepped up efforts to negotiate far-reaching trade deals with Asia and Europe in his second term, but he faces an uphill battle next year in Congress to gain the same authority his predecessors had to finalize such agreements.
The Obama administration is close to completing a major trade agreement with a handful of Asian countries, including Japan.
The recent federal partial government shutdown and the ongoing bickering in Washington between Democrats and Republicans could scare away potential trade partners in Asia, business leaders say.
The most "transparent administration in history" has a stunted understanding of free trade. A treaty called the Trans-Pacific Partnership would determine how Americans listen to music, watch movies and use the Internet. It was written in secret by Hollywood and the administration to protect the usual suspects.
A bipartisan group of lawmakers in the House are forming a new caucus to promote a new free-trade deal that would open up markets around the Pacific Rim, including the high-coveted Japanese market.
Caroline Kennedy appeared to be well on her way Thursday to become the first woman to serve as U.S. ambassador to Japan, after members of the Senate Foreign Relations Committee showered her with praise and said she is well-suited for the job.
The top U.S. trade official said Tuesday that he is "cautiously optimistic" about the nation's ability to complete a major free-trade pact with 11 other key Pacific Rim nations by the end of the year, after the latest round of the talks on the potential Trans-Pacific Partnership (TPP) wrapped up last week in Malaysia.
Though it could be overshadowed by the conflict in Syria, leaders from the world's major industrial nations plan to discuss how they can boost economic growth and regain competitiveness during the Group of Eight summit this week.
Secretary of State John F. Kerry attempted to sharpen the point of the Obama administration's so-called "pivot" to Asia policy here Monday, outlining a vision for what he described as a "Pacific Dream" — not unlike the "American Dream" — in which Asian nations could grow more closely together with each other and the U.S. than ever before on economic and security issues during the decades to come.