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Bolivian water crisis as glaciers vanish

Bolivia has declared a state of emergency as climate impacts shrink glaciers and leave cities without water. SÃO PAOLO, 26 November, 2016 − The government of Bolivia, a landlocked country in the heart of South America, has been forced to declare a state of emergency as it faces its worst drought for at least 25 years. Much of the water …

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The Latest: Mexico seeks to push ahead on TPP without US

LIMA, Peru — The latest on the summit of the Asia-Pacific Economic Cooperation Forum (all times local): 5:45 p.m. Mexico isn’t throwing in the towel on free trade despite Donald Trump’s threats to break up NAFTA and abandon other multilateral trade deals. Mexican Finance Minister Idelfonso Fajardo said Friday that he met with officials from five other signatories to the …

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Alternative Visions – Trump’s Election and Economic Consequences—US and Global – 11.11.16

Jack Rasmus discusses the economics behind why Trump won the election, and the economic legacies of the Obama regime behind why the white working class in the great lakes region—from Pennsylvania to Wisconsin—abandoned the Democrats and voted against the political elites and Clinton. Jack refers listeners to his shows earlier this year and predictions this would happen. (see also articles on his blog, jackrasmus.com). The no-college white working class vote was key, along with lower turnout for Clinton among Latinos, youth, and even African-Americans compared to 2008 and even 2012. The show then reviews the areas of economic consequences expected from a Trump election, including: booming stock markets, rising bond interest rates, big corporate tax cuts coming quickly, Infrastructure spending, more price gouging by pharmaceutical companies and health insurers, the early dismantling of Obamacare and Dodd-Frank bank regulation acts, likely repeal of alternative energy credits, restoration of the Keystone pipeline project, gutting of the EPA’s funding, suspension of proposed industrial plant emissions, refusal to implement the Paris climate accords, boosted production of gas fracking, pipelines, and coal production, an immediate Federal Reserve rate hike in December and more likely in 2017 now, renewed attacks on social security, surging government deficits and debt, general deregulation of business and across the board repeal of Obama executive orders and passage of anti-Latino immigration legislation. The consequences for the global economy are also considered, with focus on emergency markets currency collapse, capital flight and further recessions, rising US dollar and falling oil prices, China’s currency devaluation, Europe and Japan QE policies, and likely measures addressing free trade including NAFTA, TPP, and TTIP.

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Connect The Dots – Predatory Speculation Gets Uglier Under TPP Secret Courts – 09.21.16

Listen to journalist, David Dayen, author of the new book “Chain of Title,” has recently investigated how global financial speculators are now using the corporate dispute process (common to TPP and other trade agreements) to fund court cases and to bankrupt poor regions. As the battle over the ratification of the TPP intensifies, Dayen will discuss these heinous and growing investment practice with Alison Rose Levy.

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Andrea Germanos – Stiglitz Blasts ‘Outrageous’ TPP as Obama Campaigns for Corporate-Friendly Deal

Nobel Prize-winning economist Joseph Stiglitz has reiterated his opposition to the Trans Pacific Partnership (TPP), saying on Tuesday that President Barack Obama’s push to get the trade deal passed during the upcoming lame-duck session of Congress is “outrageous” and “absolutely wrong.” Stiglitz, an economics professor at Columbia University and chief economist of the Roosevelt Institute, made the comments on CNN‘s …

Karen Hansen-Kuhn – Building alternatives for food systems and trade

Public opposition to free trade agreements, like the Trans-Pacific Partnership (TPP), that serve to increase inequality and concentrate corporate power has reached a loud crescendo. We got to this point through years of effort by thousands of civil society groups around the world, reaching out to educate people on the likely impacts of the very specific rules embedded in those …

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Paul Craig Roberts – How Long Can Economic Reality Be Ignored?

Trump and Hitlery have come out with the obligatory “economic plans.” Neither them nor their advisors, have any idea about what really needs to be done, but this is of no concern to the media. The presstitutes operate according to “pay and say.” They say what they are paid to say and that is whatever serves the corporations and the …

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Thomas Palley – Betrayed Again, This Time By Unconvincing Arguments For The TPP

Voters of all stripes have recognized the Trans-Pacific Partnership (TPP) as another betrayal of working people, and they have resoundingly rejected it. Despite that, President Obama continues to push it, to the extent of possibly seeking passage in a “lame duck” session of Congress. President Obama’s pushing of the TPP is recklessly irresponsible politics that benefits Donald Trump, who is …

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JILL STEIN – It’s Time for a Second American Revolution

On July 4, politicians declare their love for the American Revolution and democracy, while doing their best to oppose both at home and abroad. The 2016 Presidential election provides a once-in-a-generation opportunity to win independence from the rule of the 1%. The two 1% nominees – Donald Trump and Hillary Clinton – are the two most disliked politicians in US …