Sigmar Gabriel, the German economy minister, says that trade negotiations between the United States and the European Union have effectively failed. The talks began in 2013 with the aim of reducing or removing a wide range of barriers to transatlantic trade and investment - but they have proved controversial in both Europe and America. There are many critics who hope Mr Gabriel's assessment is right.
Graffiti artist Banksy strikes again - in Bethlehem
'Graffiti artist Banksy strikes again'. This is a very famous piece of Banksy, I like the way it is political, having a soldier frisked by a member of the public is cool because it is like 'putting the shoe on the other foot sort of thing'. Almost saying' why should the people get searched by police but we cannot search them?' (Banksy, 2007.)
Sen. Bernie Sanders, D-Vt., said Friday that Senate Majority Leader Mitch McConnell, R-Ky., delivered a major win for trade critics by announcing that the proposed Trans-Pacific Partnership trade deal would not get a vote in the Senate this year. McConnell had previously said that the controversial deal negotiated by the Obama administration to lower trade barriers among 12 Pacific Rim countries would be voted on after the fall election, but on Thursday he told an audience in Kentucky that…
Manufacturing in the modern era is a global activity. In recent years, the traditional barriers to cross-border trade have evaporated as the economics of supply and demand now dictate there is competitive gain beyond the restrictions of localised or national business transactions.