Walkingstick: Trans Pacific Partnership trade deal signed in Auckland
1 hour ago
The Trans Pacific Partnership, one of the biggest multinational trade deals ever, has been signed by ministers from its 12 member nations in New Zealand.
The ceremony in Auckland brings the huge trade pact, which has been five years in the making, another step towards to becoming a reality.
But the TPP continues to face opposition.
The 12 nations account for some 40% of the world's economy - they now have two years to ratify or reject the pact.
Australia's minister for trade Andrew Robb was the first to sign the pact. Those attending the ceremony cheered as his counterpart, New Zealand trade minister Todd McClay, added the last signature.
The TPP involves the US, Japan, Malaysia, Vietnam, Singapore, Brunei, Australia, New Zealand, Canada, Mexico, Chile and Peru.
Those against the deal, particularly some Americans, fear it could mean jobs will move from the US to developing countries.
'Write the rules of 21st Century'
However, US President Barack Obama said the agreement was a new type of trade deal "that puts American workers first".
"Partnership would give the United States an advantage over other leading economies, namely China," he said in a statement on Wednesday.
"TPP allows America - and not countries like China - to write the rules of the road in the 21st Century, which is especially important in a region as dynamic as the Asia-Pacific," he said.
"We should get TPP done this year and give more American workers the shot at success they deserve and help more American businesses compete and win around the world."
In Auckland and in the US, among other countries, protestors have voiced their anger about the trade pact over the past several months.
In the lead up to Thursday's signing, the streets around Auckland's central business district were disrupted by groups blocking access to the Auckland Harbour Bridge.
Police clashed with some protestors, who have widely claimed the deal will benefit big business rather than workers.
Behind the deal
The trade deal looks to facilitate investment between 12 countries across the Pacific Rim, which together account for about 40% of the global economy.
It was agreed in October last year after years of negotiations and multiple missed deadlines.
The US-led initiative is a key part of Mr Obama's so-called pivot to Asia but has proved to be a controversial issue ahead of the US elections in November.
Mr Obama has barely a year left on his term and his administration warns that the US economy will suffer if politicians don't ratify the agreement.
US Trade Representative Michael Froman said the deal could add $100bn (£68.5bn) a year to US growth.
"After five years of negotiation, signing the TPP is an important milestone in our efforts to set high-standard rules of the road in the Asia Pacific region and more generally, and to deliver an agreement that will benefit American workers, farmers and businesses," he said.
Walkingstick: America plans to keep the 71 Iraqi figure for the interface and is working to install Abadi his job
Tomorrow Press / Baghdad: Informed political sources that the United States has recently included 71 Iraqi political figure on the list of political exclusion will be stripped of their posts and may affect some legal accountability.
The sources said in remarks seen by "Tomorrow's Press," the former prime minister Nuri al-Maliki will be at the top of the US list as well as Hussein al-Shahristani, and Hadi al-Ameri, who Tzlma ministerial portfolios, in addition to the "Abu Mahdi Mohandes," which is responsible for the deputy chief of the popular crowd, and the list also includes, political figures, including officials in the government.
Meanwhile; Sources close to the National Alliance, for the supreme authority Ali al-Sistani chief of the popular crowd Faleh Fayad's nomination, to receive as prime minister instead of the current President Haydar al-Abadi.
Sources: Mr. Fayad al-Sistani was nominated along with other two names, but he expressed according to - Almassadr- great enthusiasm for Fayyad to take over the functions of the prime minister of being accepted more Iraqi personalities and regionally, according to the same sources.
On the other hand revealed Iraqi political source of the existence of intensive contacts conducted by a number of American advisers and leaders of the Year with the leaders of the three Iraqi factions of the opposition, to be entered in what is known as "the new political process" in Iraq, including the Iraqi figures are believed linked to the Baath party, the Iraqi dissolved that It was led by Iraqi President Saddam Hussein.
The sources said the Iraqi figures currently based in America and Britain, a candidate to return to the country, including all members of the dissident Dawa Party, which is led by al-Maliki.
But the same sources revealed that the United States insists on Abadi stay in office and threaten the application of the Iraqi presidential system just in case the situation of the political standstill place without progress and the growing collapse of the Iraqi state institutions.
http://alghadpress.com/ar/news/46854/%D ... 8%A8%D9%87
BODI: IKO IF YOU ARE HERE QUESTION...WITH TANKER HEADED TO NY...DO WE NOT HAVE TO RV PRIOR TO TANKER BEING PAID
Iko Ward: Bodi, I would say we already have or there would not have been a letter of credit. I think we are now in the roll out phase and timing for the Chinese and the banks to be comfortable.
BODI: THANKS IKO...IN LAYMAN TERMS WE ARE IN THE MIDDLE OF THE EAST TO WEST ROLLOUT? THANK YOU SO MUCH
WSOMN Wed. CC Replay 2-3-16
Catalina: IRS experiencing widespread computer failure... IRS cannot process tax returns or issue refunds
Creative source: IRS experiencing computer failure, report says
Computer failures hit several U.S. Internal Revenue Service systems Wednesday in the midst of tax season, leaving the agency unable to accept some taxpayer returns, according to reports.
The scope of the system issue was not immediately clear, but the IRS called it a "hardware failure," according to Dow Jones. The IRS has started repairs and expects that some systems may remain unavailable until Thursday, Reuters said.
Taxpayers can still work on their returns but cannot submit them until the IRS can take them again. The agency still hopes to process 90 percent of refunds within three weeks of filing.
Most taxpayers must file their returns by April 18.
The IRS did not immediately respond to CNBC's request for comment.
IRS experiencing computer failure: CNBC citing Dow Jones
WASHINGTON (Reuters) - The U.S. Internal Revenue Service is experiencing computer failure across "several" systems, and said it temporarily cannot accept many taxpayer returns, CNBC said in a tweet on Wednesday, citing Dow Jones.
No additional details were available. http://news.yahoo.com/irs-experiencing-computer-failure-cnbc-citing-dow-jones-232406954--business.html
SassyD: Vietnam expects to come out a winner -- February 3, 2016 7:00 pm JST -- http://asia.nikkei.com/Politics-Economy/International-Relations/Vietnam-expects-to-come-out-a-winner?page=1
SassyD: Cyber criminals focus on the super-wealthy -- February 3, 2016 5:16 pm -- http://www.ft.com/cms/s/0/f6afaeaa-ca80-11e5-be0b-b7ece4e953a0.html
Xyz: Abadi: we can overcome the financial crisis and are facing resistance from corrupt http://translate.google.com/translate?depth=1&hl=en&sl=ar&tl=en&u=http ://www.alliraqnews.com/modules/news/article.php%3Fstoryid%3D29160
Freedomboomer: currency 365 gold coins
Tishwash: More Zimbabwe Sanctions Removed
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Designations Removals; Zimbabwe Designations Removals; Burundi Designations Update; Counter Terrorism Designations Updates
Kingpin Act Designations Removals; Zimbabwe Designations Removals; Burundi Designations Update; Counter Terrorism Designations Updates
Zimbabwe General License 1 Removal
The Department of the Treasury's Office of Foreign Assets Control (OFAC) is removing “Zimbabwe General License 1” from the Zimbabwe page of its website. OFAC issued Zimbabwe General License 1 on April 24, 2013 pursuant to the Zimbabwe Sanctions Regulations, 31 C.F.R. Part 541 and Executive Orders 13288, 13391, and 13469.
Zimbabwe General License 1 authorized all transactions involving Agricultural Development Bank of Zimbabwe (Agribank) and Infrastructure Development Bank of Zimbabwe (IDBZ). Following today’s removal of Agribank and IDBZ from the List of Specially Designated Nationals and Blocked Persons, a license is no longer required to engage in transactions with those entities.
Specially Designated Nationals List Updates