The ECOreport reposts an OP-Ed explaining the who, what & how as the four Global Trade Deals fight for their lives
Originally Published on Greenpeace Energydesk
by Zachary Davies Boren
Free trade deals around the world are in crisis, just as the UK is preparing to negotiate a clutch of new agreements that would replace its membership of the European Union. For the world’s fifth largest economy, Brexit couldn’t have come at a more turbulent time. The global free trade agenda has endured a nightmare 2016. Each of the big four deals in the pipeline – TTP, TTIP, TISA and CETA – has found itself in roughly the same position: Fighting for its life.
Continue reading Global Trade Deals Fight For Their Lives
China’s “growth-at-all-costs” economic model appear to be failing. The central government’s grip may be be failing and oil prices fell below $42 a barrel.
Originally Published on OilPrice.com
By Evan Kelly
Oil prices dropped to new six-year lows this week as WTI dipped below $42 per barrel. The big piece of news this week was the currency depreciation in China. It seems we are talking more and more these days about the warning signs coming from China’s economy and how the trouble there is depressing oil prices. In June and July, it was the stock market crash, and this week it is the currency depreciation. The yuan dropped 3 percent by the end of the week after stabilizing at 6.3975 per dollar.
Continue reading Oil Prices Fell Below $42 A Barrel
Israel converted vast stretches of desert to productive farm lands & wrung water from miles of sand. What Israel Could Teach California About Droughts
Triple Pundit via ENN
By Jan Lee
California is still counting up the damage from the 2014 drought, which resulted in more than $200 million in losses in the dairy and livestock industry and a staggering $810 million in crop production. And analysts are predicting this year to be even worse.
Continue reading What Israel Could Teach California About Droughts