Backdoc, Thunderhawk & Mountainman Monday AM Part 2

Part 2:

Thunderhawk:  TPP 2 Years away? NOT- It's happening NOW !!!!!!
Blessings  T-Hawk   IMO

BACKDOC: WOW!  SLAP!  WE KNOW THAT VIETNAM HAS ALREADY APPROVED THE TPP SINCE THEY ARE NOT A PURE DEMOCRACY.
 
WELL, IT APPEARS LIKE WE HAVE TPP ALREADY FUNCTIONAL IN MORE WAYS THAN ONE!  
 
WE RECENTLY READ AN ARTICLE THAT THUNDER PUT UP EARLIER THAT JAPAN MAY APPROVE THE TPP BY MID-MARCH! HEE HEE
 
GUESS WHEN IRAQS BONDS ARE STARTING TO BE SOLD AT THE 1170 RATE?  HEE HEE  RIGHT!  MID-MARCH
 
NOW LETS THINK FOR A MOMENT SHALL WE?
....

WE KNOW THAT JAPAN HAS THE HIGHEST GOVT. DEBT PER GDP OF ALL EMPIRE COUNTRIES. 
 
DO YOU THINK THEY MIGHT BE MOTIVATED TO BUY SOME BONDS AT THAT 1170 RATE JUST BEFORE THE IMF ACTIVATES THESE EMERGING COUNTRIES CURRENCIES? HEE HEE
 
BUT AS FAR AS TPP TAKING TIME TO BE RATIFIED I THINK IT WOULD TAKE SOMETHING SPECIAL TO STOP ITS CURRENT IMPLEMENTATION!
 
BY THIS ACTION IT WOULD APPEAR THAT TPP IS ALREADY FULLY FUNCTIONAL AND WOULD HAVE TO BE OVERTURNED BY ALL THE DEMOCRATIC PARLIAMENTS!   ANOTHER WORDS ACTIVE UNTIL PROVEN OTHERWISE.
 
NO WONDER IT WAS SO SECRETIVE!   REMEMBER WE GAVE THE PRESIDENT THE POWER TO MAKE THE DEAL!
 
LOOKS LIKE INDIA GOT SLAPPED! JUST LIKE WE DID WITH OUR COAL BUSINESS!
 
EVERYBODY GETS SOMETHING AND EVERYBODY HAS TO GIVE UP SOMETHING!
 
DOC   IMO

Thunderhawk:  Backdoc Alert

USA uses TPP-like trade-court to kill massive Indian solar project

The Jawaharlal Nehru National Solar Mission was on track to deliver deploy 20,000 MW of grid connected solar power by 2022 ("more than the current solar capacity of the world’s top five solar-producing countries combined") but because India specified that the solar panels for it were to be domestically sourced, the USA sued it in WTO trade court and killed it.
 
The USA has its own domestic solar initiatives that generally have "buy local" rules, but those are permissible under the WTO. The WTO court ruled that India's buy-local rules were not, and ordered the initiative's cessation despite its role in helping India to meet its obligations under the United Nations Framework Convention on Climate Change (UNFCCC).
 
The Trans Pacific Partnership, a secretly negotiated trade agreement, expands the sorts of powers the WTO creates to allow multinationals to sue governments to repeal policies that undermine their profitability. Expect lots more of this in the future if the TPP passes.
 
 By putting pressure on India’s solar program, and by hiding behind the biased WTO agreements, the United States wants to boost its solar exports to India, which it argues have fallen by 90% from 2011, when India imposed the rules. Claiming that India was unfairly restricting access to American suppliers, US trade representative Michael Froman justified the perverse move in February 2014:

“These domestic content requirements discriminate against US exports by requiring solar power developers to use India- manufactured equipment instead of US equipment. These unfair requirements are against WTO rules, and we are standing up today for the rights of American workers and businesses.”
 
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Thunderhawk:  Irish delegations heading for Tehran

Iran’s Ambassador to Dublin Javad Kachouiyan referring to the interest of the Irish side in reopening their embassy in Tehran, described political and economic relations between the two countries in the last year as developing.

Speaking to IRNA on Saturday, the Iranian ambassador said there is strong will on both sides for further expansion of ties in 1395 (2016-2017).”

He said Iran’s present position in the international system and its national, regional and international capabilities especially in the post-sanctions era, political, economic, cultural, scientific and technological capacities and their application have attracted the attention in the bilateral relations.

The Iranian ambassador said that in line with the expansion of bilateral economic relations a delegation comprising representative of over 20 companies producing dairy products and foodstuffs are due to visit Iran in the spring.

Meanwhile, he added, another delegation including representatives of major investment-export companies of Ireland is due to travel Iran early next Iranian year (starting March 20, 2016).

Finalization of a draft health certificate of Irish sheep for export to Iran is another issue demanded by Ireland with the completion of which quality Irish sheep meat will be exported to Iran.

Kachouiyan further remarked that with regard to the interest voiced by Irish officials for reopening of their embassy in Tehran its realization will certainly have great impact on the growing trend of relations and cooperation of the two countries.

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BACKDOC:  THIS REMINDS ME OF THE "BACK TO THE FUTURE" MOVIE WHEN MARTY ARRIVES AT THE SODA SHOP.  THE OWNER AKS HIM WHAT HE WANTS TO DRINK AND HE SAYS HE'LL HAVE A PEPSI FREE!  BAA HAA    THE OWNER SAYS HEY BUDDY THERE'S NOTHING FREE AROUND HERE! HEE HEE
 
BOY , IS THAT IS THAT EVER THE TRUTH HERE WITH TRADE!   AND IT LOOKS TO JUMP INTO HIGH GEAR HERE SOON!
 
LIKE THE ARTICLES ON IRAN SAID, "IN THE COMING DAYS"!    SEEMS TO ME WE ARE CLOSE TO THOSE DAYS EXPIRING WHEN WE L0OK AT SEVERAL THINGS.
 
1.  20TH IRAN NEW YEAR
 
2.  BOND SALES IN IRAQ
 
3.  ACTIVATION ON THE 8TH WHICH LEADS TO POSSIBLY 10 DAYS WHICH IS A WEEKEND.  THE 22ND IS THE FIRST TUES. WED. OR THURS.
 
4.  STOCK MARKET HALTING FOREIGN TRADES BUT ALLOWING IN COUNTRY TRADES
 
5.  THE FEDERAL COURT ACT BY EVIDENCE OF THE BAD GUY ROUND UP!  HEE HEE
 
DOC  IMO

Thunderhawk:    Backdoc Alert

Here's why everyone is arguing about free trade
 
As U.S. presidential hopefuls continue to battle through the primary season, America's trade policies have risen to the top of the political discourse.
 
Although there has always been opposition to free trade measures, recent decades have seen political leadership in the U.S. tending to push agendas focused on removing trade barriers between the U.S. and other countries. Both sides of the issue argue that jobs and the economy are at stake, but they disagree on the question of results and how domestic economic success is really defined.
 
To start with, free trade is the practice of removing restrictions on imports and exports between countries. Such restrictions can include bans, quotas and taxes among other measures. Many governments have sought to sign bi- or multilateral free trade agreements constituting an agreement to mutually lower these barriers. The U.S. currently has 14 agreements with 20 countries, according to the Commerce Department.
 
Republicans have often argued for such measures as an extension of their free market economic goals, and Democratic presidents such as Bill Clinton and Barack Obama have joined in supporting major international trade deals. Opposition has tended to come from the pro-labor quarters of American liberalism, as unions worry their constituencies won't be able to compete against cheap foreign workers.
 
This has played out prominently in recent debates over a proposed Pacific trade agreement, known as the Trans-Pacific Partnership (TPP), which would include 11 countries besides the United States — Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru,Singapore and Vietnam.

The argument against unfettered trade

Some liberal politicians, including U.S. Sen. Elizabeth Warren of Massachusetts and presidential hopeful U.S. Sen. Bernie Sanders, argue that trade agreements frequently do more harm than good for America because they favor the well-being of businesses over workers — both in America and in poorer trading partners.

"These treaties have forced American workers to compete against desperate and low-wage labor around the world. The result has been massive job losses in the United States and the shutting down of tens of thousands of factories," a statement on Sanders' Senate webpage said.
 
"These corporately backed trade agreements have significantly contributed to the race to the bottom, the collapse of the American middle class and increased wealth and income inequality," he adds.
 
Those critical of recent trade agreements also argue that labor standards are not enforced in other countries, so the U.S. is effectively rewarding those businesses abusing their workers.
 
Those are arguments against free trade when it is practiced perfectly, with both countries firmly dedicated to maintaining low barriers to trade, but many argue these agreements are bad for the U.S. because its partners often seek to subvert the relationship.

The most common charges of "cheating" on free trade involve a country's keeping its currency artificially low (so its products are cheaper, and therefore more competitive, in the U.S.), subsidizing its domestic firms so they have better margins, or even levying protective tariffs without regard for prior agreements.

If the U.S. leaves its markets open to unfairly cheap foreign products while its own goods are stymied abroad, then the job-killing concerns about free trade are all the more pressing,
 
"Trade deals are absolutely killing our country — the devaluations of their currencies by China and Japan and many, many other countries, and we don't do it because we don't play the game," GOP front-runnerDonald Trump said at a Thursday night debate, reiterating his call to employ threats of retaliatory tariffs. "And the only way we're going to be able to do it is we're going to have to do taxes unless they behave."
The argument for free trade

Despite a wide array of arguments in the field, economists have presented a uniquely united front on the benefits of free trade policies.

One early summary of that position can be found in Adam Smith's "Wealth of Nations."
 
"It is the maxim of every prudent master of a family never to attempt to make at home what it will cost him more to make than to buy," Smith wrote. "If a foreign country can supply us with a commodity cheaper than we ourselves can make it, better buy it of them with some part of the produce of our own industry employed in a way in which we have some advantage.

The general industry of the country, being always in proportion to the capital which employs it, will not thereby be diminished, no more than that of the above-mentioned artificers; but only left to find out the way in which it can be employed with the greatest advantage."
 
In other words, the money that the American economy saves on cheaper foreign products can be put to use for other economics means — thereby increasing overall well-being. (A philosophical debate could then arise about the inequality of wealth potentially resulting from this capital reallocation.)
 
In a 2015 open letter to House and Senate leadership, 14 major economists (including former Federal Reserve Chairmen Ben Bernanke and Alan Greenspan) presented the case for free trade deals.
 
"Expanded trade through these agreements will contribute to higher incomes and stronger productivity growth over time in both the United States and other countries," they wrote. "U.S. businesses will enjoy improved access to overseas markets, while the greater variety of choices and lower prices trade brings will allow household budgets to go further to the benefit of American families."
 
Acknowledging that the benefits of these agreements are "unevenly distributed," and some individuals may be negatively affected, those economists argued that "the economywide benefits resulting from increased trade provide resources to make progress on important social goals, including helping those who are adversely affected."
 
A 2003 survey of economists found that more than 86 percent opposed the notion of tariffs to protect American industries, andanother from 2007 found more than 83 percent of economist respondents thought the U.S. should eliminate its remaining tariffs and other barriers to trade.
 
And beyond the economic argument, some politicians — including the Obama administration — highlight the geopolitical benefits of multilateral international trade agreements.
 
For the pending Trans-Pacific Partnership, the White House has argued that it wants the U.S. to help set the global rules for labor and environmental practices. It's important not just to further American standards, but also to establish the country as a power broker in the Asia-Pacific region, many argued.
 
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BACKDOC:  I LOVE THE FACT THAT IRAN RUNS A HUGE TRADE DEFICIT TO VIETNAM.  I THINK IT WILL BE THE ASIAN GOLDEN CHILD OF THE EMPIRE!  OZ WILL BE VERY PROUD!   DOC  IMO

Thunderhawk:  Vietnamese president arrives in Tehran

Tehran, March 13, IRNA – Vietnamese President Truong Tan Sang heading a delegation arrived in Tehran on Sunday afternoon.

Upon his arrival at the airport, the Vietnamese president and his entourage were welcomed by Iran's Minister of Industry, Mines and Commerce Mohammad Reza Nematzadeh.
 
During his three-day stay to Iran, the Vietnamese president will confer with senior Iranian officials and President Hassan Rouhani on issues of mutual interests and the regional and global developments.
 
They are to discuss various topics as expansion of economic, finance, banking, oil and gas cooperation with their Iranian counterparts.
 
Vietnamese president welcomed nuclear deal between Iran and G5+1 and said implementation of the Joint Comprehensive Plan of Action (JCPOA) would bring peace and stability to the region as well as the entire globe.
 
He also called for expansion of relations and cooperation on oil, agriculture, tourism, commerce and joint venture investment with the Islamic Republic of Iran.
 
Trade between Iran and Vietnam increased from dlrs 80 million in the year 2010 to dlrs 300 million in the year 2013.
 
Iran has already voiced readiness to make investment in Vietnam's state-run as well as private projects.
Vietnam and Iran established relations in 1973 and have increased level of political and economic cooperation through exchange of visits by senior officials from both sides.
 
Iran opened embassy in Hanoi in 1991 and Vietnam opened its embassy in Tehran in 1997.

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