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posted by janrinok on Monday August 29 2016, @01:07PM   Printer-friendly
from the not-surrendering-to-corporations-for-now dept.

Common Dreams reports

Senate Majority Leader Mitch McConnell said [August 25] that the U.S. Senate will not vote on the 12-nation, corporate-friendly Trans Pacific Partnership (TPP) this year, buoying progressive hopes that the trade deal will never come to fruition.

[...] McConnell told a Kentucky State Farm Bureau breakfast in Louisville that the agreement, "which has some serious flaws, will not be acted upon this year".

Common Dreams also reports

Germany's Vice Chancellor and Economic Minister said that the controversial Trans-Atlantic Trade and Investment Partnership (TTIP) has "de facto failed", admitting that negotiations between the U.S. and E.U. have completely stalled.

"Negotiations with the U.S. have de facto failed because, of course, as Europeans, we couldn't allow ourselves to submit to American demands", Sigmar Gabriel told the German news station ZDF [1][2] in an interview that will air at 7pm German time [August 28], according to Der Spiegel. [1]

"Everything has stalled", Gabriel said.

[1] In German [2] Content behind scripts

Reported by BBC, in English.

In 14 rounds of talks, the two sides had not agreed on a single common chapter out of 27 being discussed, Mr Gabriel said. "In my opinion the negotiations with the United States have de facto failed, even though nobody is really admitting it," said Mr Gabriel.

He suggested Washington was angry about a deal the EU struck with Canada, because it contained elements the US does not want to see in the TTIP.


Original Submission

 
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  • (Score: 0) by Anonymous Coward on Monday August 29 2016, @06:02PM

    by Anonymous Coward on Monday August 29 2016, @06:02PM (#394854)

    he would have more money now if he had invested his startup money in a passive index fund instead

    Yup.
    This is a guy who couldn't make money owning CASINOS.
    He has declared bankruptcy FOUR times.
    No bank will lend him money.
    All he has to trade on (with suckers) is his name.

    ...and even businesses which have licensed his name (but in which Trump has no ownership stake) are failing.

    This run for office is an attempt to strengthen his failing brand.
    It has been reported|speculated that after he gets creamed, he will ally with the disgraced former chairman of Fox and get some kind of media thing going (another web-based something, quite likely).

    .
    ...and if you would insert a paragraph break now and then into your otherwise excellent prose, my tired old eyes would thank you.

    -- OriginalOwner_ [soylentnews.org]

  • (Score: 0) by Anonymous Coward on Wednesday August 31 2016, @12:56AM

    by Anonymous Coward on Wednesday August 31 2016, @12:56AM (#395528)

    Bankruptcy four time you say, and he's still rich?

    He must be doing something right.

    Seems like he knows how to play the system, and Republicans obviously. What is the US government if not the biggest system around?