asterisk2a + wto   22

Ana Kasparian SHREDS Trump's Weak Economy + Trade War Tariffs + Farmers Bailout
US going to run 4-5% budget deficit + debt accumulation + 1% tax cuts AND hourly earnings have not risen June 2017-June 2018! - From June 2017 to June 2018, real average hourly earnings decreased 0.2 percent, seasonally adjusted.
Combining the change in real average hourly earnings with a 0.3-percent increase in the average workweek resulted in no change to real average weekly earnings over this period.
//&! & - $12bn Farmer's bailout (only for this year) to save face in mid-term elections & telling voters 'don't trust what you read and hear.' << - "The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command." - George Orwell, "1984" - Donald Trump in front of Vets of Foreign Wars: "Just remember, what you are seeing and what you are reading is not what's happening"
DonaldTrump  Donald  Trump  1%  income  growth  working  poor  poverty  trap  stagnation  secular  stagflation  Fed  social  mobility  economic  history  downward  taxcut  mid-term  wage  GDP  recovery  GFC  inequality  election  elections  Farmers  bailout  tradewar  trade-war  tariffs  WTO  Brexit  China  retaliation  EU  UK  freetradedeal 
july 2018 by asterisk2a
(10162) President Donald Trump Acts Like A Compromised President: Rep. Adam Schiff | Morning Joe | MSNBC - YouTube
Jeffrey Sachs - dangerous and damaging. questioning mental health, psychological health, "signs of dementia", 'we have to stop being an enabler of this danger' (Senate / Congress) ... No Political Courage. .... 'One person wrecking ball.' 'unfit for office' Congress is enabeling. (checks and balances). tariffs. //&! - George Will Slams Mike Pence As ‘Worse Than President Donald Trump’ //&! - Steve Schmidt: By A fluke, Voters Elected An Imbecilic Con Man &! Steve Schmidt: GOP Is "A Threat To Liberal Democracy" - - Steve Schmidt is now a FORMER GOP STRATEGIST! //&! - Trump's Putin Press Conference Just Made Republicans' Lives Way Harder (HBO) //&! - American Scholars Say The Real Threat To The U.S. Is Russophobia (HBO)
DonaldTrump  Donald  Trump  NATO  Putin  Russia  mental  health  dementia  trade  war  WTO  tariffs  G10  G7  G8  Mike  Pence  GOP 
july 2018 by asterisk2a
The Guardian view on WTO rules: not a Brexit safety net | Editorial | Opinion | The Guardian
The Tory free-trade fundamentalists are wrong: the UK has more clout in the world as part of Team Europe
Brexit  WTO 
october 2017 by asterisk2a
Britain is being led to an epic act of national self-harm over Brexit | Will Hutton | Opinion | The Guardian
Equally, a quarter of British exports with the EU pass through one single port, Calais – £3bn a month – with zero border controls or inspection. Who in Calais is going to inspect these goods to see if they correspond to EU rules if we crash out with no deal? Has France any interest in investing quickly in the customs structure to keep British exports flowing? The M20 and M2 will become gigantic truck parks as drivers wait to be inspected. [...] Nothing is being done at all. Mrs May and her breezy lead negotiator, David Davis, offer platitudes about Britain embracing the globe and no deal being better than a bad deal, but even the most innocent negotiator in the EU team can see this is vainglorious posturing. They are betting on a deal being struck – negotiators with few cards, nor making sure they hold better ones. As matters stand, the consequence of no deal would be calamitous.
Brexit  Customs  Union  David  Theresa  May  BadDealNoDeal  WTO  Single  Market  EU 
june 2017 by asterisk2a
The devil in the detail of exiting the EU | Letters | Politics | The Guardian
The world is a harsh place. There is little sovereignty and no taking back control, as the UK will discover with a hard Brexit and trade under WTO rules.
Brexit  sovereignty  WTO  trade  deal  Populism 
may 2017 by asterisk2a
Why exporting isn't just about shipping - BBC News
Barriers to services trade have proved to be harder to deal with.
They come in the form of regulation - not the tariffs or taxes that impinge on commerce in goods. [...] So liberalising services trade is more complicated than it is for goods. [...] The World Trade Organization's rulebook includes something called the General Agreement on Trade in Services, or GATS.
WTO member countries have made commitments during past negotiations about the extent to which they allow foreign suppliers access to their services markets. These vary from country to country and are listed in "schedules" attached to the agreement. [...] EU won't make commitments on allowing foreign suppliers to provide some key publicly funded services, including health and education.
UK  Brexit  Services  City  of  London  trade  deal  Regulation  EU  WTO  TiSA  European  Union 
april 2017 by asterisk2a
The Guardian view on Theresa May’s world: trading on fantasy | Editorial | Opinion | The Guardian
[ sacrifice west values for pennies ] The prime minister and senior colleagues have fanned out across the world trying to prove that trade deals with illiberal regimes can compensate for a hard Brexit. They are wrong &!
Brexit  Theresa  May  David  Davis  BoJo  Boris  Johnson  Liam  Fox  Saudi  Arabia  DonaldTrump  Donald  Trump  WTO  trade  teal  free  foreign  relations  foreignaffairs  affairs  diplomacy 
april 2017 by asterisk2a
​Sweet Brexit: what sugar tells us about Britain’s future outside the EU | Business | The Guardian
Not only has sugar beet been an unusually reliable source of income for 3,500 of Britain’s arable farmers, but its broad green leaves are an important rotational crop in between soil-sapping wheat. If they are forced to compete head-on with what the NFU regards as artificially subsidised cane sugar from producers places in places such as Brazil and Thailand, it fears the economics of an industry supporting 9,600 jobs will unravel. The NFU accuses many cane-producing countries of dumping exports at prices below their true cost of production because governments offer various complicated farm subsidies. But some of these claims, particularly in Brazil, are disputed.
Brexit  European  Union  Agriculture  subsidies  subsidizing  subsidising  Food–industrial  complex  £  Pound  British  Sterling  FX  Forex  foreign  exchange  Protectionism  WTO 
march 2017 by asterisk2a
BBC's Brexit coverage pessimistic and skewed, say MPs - BBC News
[ there is no backbench in Parliament and Lords, there is no opposition in parliament and lords, and then the parliament attacks the media ] A group of 72 MPs have written to the BBC accusing it of being pessimistic and skewed in its Brexit coverage - in the months since the vote on the EU.
In a letter to director general Tony Hall, they said the BBC is "unfairly representing" Leave voters by focusing on those who regret their decision.
The MPs warned the future of the BBC "will be in doubt" if it is not seen as a impartial broker.
Lord Hall said impartiality was the "cornerstone" of BBC News.
BBC  Brexit  Tories  Conservative  Party  nasty  far-right  right-wing  alt-right  Nationalism  Populism  Theresa  May  Philip  Hammond  The  Guardian  Labour  Jeremy  Corbyn  WTO 
march 2017 by asterisk2a
Lords coalition set to fight for amendments to Brexit bill | Politics | The Guardian
The Labour frontbench is seeking concessions such as guaranteeing the rights of EU nationals in the UK, an amendment that was rejected in the Commons, and securing a more meaningful vote for parliament at the end of two-year negotiations, for which there may well be a majority.
Brexit  House  of  Lords  UK  Commons  EEA  Single  Market  WTO 
february 2017 by asterisk2a
The Dark Side of Globalization: Why Seattle's 1999 Protesters Were Right - The Atlantic
mix between technology and globalisation, WTO etc // - The Dark Side of Globalization

The clearest example is competition from foreign workers, which really has slammed the American working class. Economists David Autor, David Dorn, and Gordon Hanson did very careful empirical work and found that competition from China lowered wages and increased unemployment for American workers who were in competition with Chinese imports. Economists Michael Elsby, Bart Hobijn, and Aysegul Sahin found that competition from developing countries—not the decline of unions or the rise of automation—has been responsible for the bulk of the recent decline in labor’s share of income in the United States.
globalisation  globalization  WTO  technological  unemployment  Productivity  China  manual  labour  automation  structural  underemployed  economic  history  AI 
january 2017 by asterisk2a
Keiser Report: US, Mexico & walls (E939) - YouTube
Nafta has been devastating... both to the American worker and to the population in Mexico. They conclude with solutions to the consequences of neoliberal capitalism and dodgy trade deals.
NAFTA  neoliberal  neoliberalism  TTIP  TTP  CETA  free  trade  free  trade  agreement  WTO  globalisation  globalization  winner  take  all  Chicago  School  neoclassical  economics  USA  Mexico  migration  immigration  War  on  Drugs  economic  history  squeezed  middle  class 
july 2016 by asterisk2a
The U.K. Can’t Block Immigration If It Wants To Keep Its Finance Industry | FiveThirtyEight
The Brexit vote will force the next U.K. prime minister to make a significant choice: Whether to control immigration into the country, or preserve the pre-eminence of the country’s financial center, known as the City of London. Doing both appears to be infeasible. //&!
Brexit  Freedom  of  Movement  City  of  London  UK  immigration  Single  Market  Article  50  European  Union  WTO  trade  agreement 
july 2016 by asterisk2a
Boris Johnson breaks silence to set out leadership platform
Johnson pledges points-based immigration system and continued UK-EU trade [...] Johnson claimed Britain will be able to introduce a points-based immigration system while maintaining access to the European single market. [...] “There will still be intense and intensifying European cooperation and partnership in a huge number of fields: the arts, the sciences, the universities, and on improving the environment. “EU citizens living in this country will have their rights fully protected, and the same goes for British citizens living in the EU. [...] “Yes, the Government will be able to take back democratic control of immigration policy, with a balanced and humane points-based system to suit the needs of business and industry. //&!
Boris  Johnson  Conservative  Party  Brexit  Freedom  of  Movement  immigration  Single  Market  WTO  free  trade  free  trade  agreement  European  Union 
june 2016 by asterisk2a
TTIP, TISA Explained | Wikileaks | Jeremy Corbyn | Bernie Sanders | Julian assange - YouTube
BRIC rise and eventual dominance is a threat to USA economic and political and geo political dominance // Who is excluded from TPP, TTIP and TISA (and CETA)? - BRIC & South Africa. // This is a new type of protectionism, sanctions and economic warfare. // Corporations want to lock-in power.
TTIP  USA  Europe  Wikileaks  Wall  Street  profit  maximisation  self-regulation  deregulation  Consumer  Protection  democracy  Career  Politicians  shareholder  value  accountability  China  WTO  AIIB  World  Bank  TPP  crony  capitalism  capitalism  geopolitics  TISA  Developing  World  transparency  social  contract  trade  agreement  No  Representation  political  theory  bribery  corruption  global  economy  global  trade  globalization  globalisation  flat  borderless  European  Parliament  European  Union  economic  history  trickle-down  economics  vested  interest  lobbyist  free  trade  agreement  lobby  Lobbying  revolving  door  interest  groups  Internet  Privacy  Privacy  Surveillance-Industrial  Complex  surveillance  state  Orwellian  corporate  state  corporate  media  manufactured  consent  Polarisation  propaganda  populism  abuse  of  power  Justice  System  inequality  GMO  UK  Germany  Privatisation  neoliberalism  neoliberal  neoconservatism  neoconservatives 
september 2015 by asterisk2a
Chinas Rare Earth Embargo Changes Incentive for Toxic Work -
China currently controls almost all of the world’s supply of rare earths, for which demand is soaring.

the undeclared embargo looked like a pure power play - with little regard for the conventions of international trade. The export quotas China continues to impose on rare earths,

From the Chinese perspective, though, the issue looks very different.

China feels entitled to call the shots because of a brutally simple environmental reckoning: It currently controls most of the globe’s rare earths supply not just because of geologic good fortune, although there is some of that, but because the country has been willing to do dirty, toxic and often radioactive work that the rest of the world has long shunned.

Despite producing 95 percent of the world’s rare earths, China has only 37 percent of the world’s proven reserves. Sizable deposits are known to exist in the United States, Canada, Australia, India and Brazil, among other places.
China  export  exports  rare-earths  manufacturing  2010  WTO  worldtrade  environment  USA  commodities  speculation  Japan  foreignaffairs 
october 2010 by asterisk2a
Brazil wants IMF-led FX manipulation index-report | Reuters
* Brazil's Mantega to propose FX manipulation index at G20

* Idea is to identify currency manipulators-report

* Could support eventual action at WTO

BRASILIA, Oct 28 (Reuters) - Brazil's Finance Minister Guido Mantega will propose at the Group of 20 nations meeting next month that the International Monetary Fund create an index measuring currency manipulation, local media reported on Thursday.

The idea is to identify who is keeping their currency artificially low to boost exports, Mantega said, lending support to eventual actions against illegal subsidies at the World Trade Organization.
Brazil  currency  intervention  capital-controls  IMF  WTO  G20  hot-money  ZIRP 
october 2010 by asterisk2a
Rare Earth Trade Needs Global Cooperation, Officials Say -
The United States and Europe should work together with industry to reduce dependence on China for crucial minerals because global trade bodies are ill-equipped to solve the problem of withheld supplies, officials and executives said Tuesday at a high-level conference.

Germany has been the most vocal country in Europe in raising concerns about the potential economic impact of shortfalls of rare earth and other metals, and its economy minister was a featured speaker at the conference, organized by the Federation of German Industries.

The consensus among attendees, who included representatives from industry as well as the European Union, the World Trade Organization and the World Bank, was that trade rules were inadequate when it came to responding to China’s decision to cut back export quotas of such materials.
rare-earths  Germany  WTO  China  2010  USA  Japan 
october 2010 by asterisk2a
W.T.O. Sees Trade Rebounding in 2010 -
As measured in dollars rather than volume, the drop was even greater, 23 percent, to $12.15 trillion, mostly because of falling prices in oil and other primary commodities.
china  global  trade  tradedeficit  usa  germany  WTO  greatrecession 
march 2010 by asterisk2a

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