April 23, 2016

TRADE, THE WoT AND GOLF...:

President Barack Obama will be lobbying to finish one of the main pieces of unfinished business of his presidency _ a trans-Atlantic trade pact (FRANK JORDANS, 4/23/06, Associated Press)

When President Barack Obama opens the world's largest industrial fair in the northern German city of Hannover on Sunday, he'll be leading a delegation of American companies hoping to conquer new markets abroad. He'll also be trying to complete one of his presidency's main pieces of unfinished business -- a trans-Atlantic trade pact.

Officials in Washington and Brussels are trying to clinch key parts of the deal before the end of the year, after which a new U.S. president and election campaigns in major European countries could complicate negotiations.

Proponents of the agreement -- known as the Trans-Atlantic Trade and Investment Partnership, or TTIP -- argue that lowering tariffs and harmonizing rules would give a much-needed boost to businesses at a time of global economic uncertainty. Or as Obama put it when the talks launched three years ago: "New growth and jobs on both sides of the Atlantic."

Drone strike in Yemen kills two al Qaeda suspects (Reuters, 4/23/16)

An air strike from a drone killed two men south of the Yemeni city of Marib on Saturday suspected of belonging to al Qaeda, local residents said by phone.

"A drone fired two missiles at a car that had two men in it in al-Manain district south of Marib city, and the car was totally destroyed and the men were killed instantly," one of them said.

Posted by at April 23, 2016 6:51 AM

  

« THE DANGER OF SHRINKING THE DEFICIT: | Main | ...AND CHEAPER...: »