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VOLUME XXVIII No. 38
Tagbilaran City, Bohol, Philippines
March 30, 2014 issue
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Bohol Realty - Panglao beach property - affordable house and Lot - overlooking view - commercial property - investment property - Bohol beach property

Transatlantic Trade and Investment Partnership

 

Europe and United States Alliance was a major power for global peace and prosperity since the cold war. But amidst charges of America spying on its friends, distrust came in and the connection drifted apart. With Russia'smovement, EU-US alliance needs to be strong. The U.S. President for the first time visit Brussels, Belgium with a new initiative called the Transatlantic Trade and Investment Partnership, T-TIP agenda. Accordingly, the T-TIP is ambitious, perhaps too ambitious with the goal of creating an open market for the region's 700 million potential consumers, the biggest free trade agreement in history and the foundation of a new economic age.

EU Trade Commissioner Karel De Gucht said,any trade deal worth having would have to be "ambitious."

In practice, the concept will have to achieve three bigthings. Governmentswill have to promote the idea to their people and convince them of its economic benefits.The partnership provides opportunity to throwred tape, providing a new structure for planningfuture legislation. The free trade zone will give confidence to business leaders, for investments to grow rapidly supporting million jobs. The initial stages of the free trade zone will probably come to light until after the coming European Parliament and the U.S. midterm elections.

Will this be the beginning of a one world currency and a one world government?

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Tidbits:

Ethiopia is constructing a major new dam on the River Nile, despite firm opposition from Egypt.Construction of the Grand Ethiopian Renaissance Dam (known as Gerd) is now about 30% complete. Egypt fears Ethiopia's dam will restrict the flow of this strategic waterway - the main source of water in a country where rainfall is scarce.Egyptian President Mohammed Morsiquoted, "If Egypt is the Nile's gift, then the Nile is a gift to Egypt.'' Sometimes new development projects which seems good to men may actually bring harm in the end.

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