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Wikileaks Publishes Controversial Investment Trade Chapter. The TPP Investment Chapter is supposed to be kept secret for four years after the start of the TPP agreement or from the close of the negotiations. The chapter makes clear the intent of TPP negotiating parties, led by the US, to create a supra-national tribunal where foreign firms can sue states and obtain taxpayer compensation for “expected future profits”.
Ron Wyden, Progressives And The TPP. In recent months, progressives have been voicing their opposition to the Trans-Pacific Partnership. And they might try and make an example out of Sen. Ron Wyden over it, even though he’s been a reliable ally for years.
Obama’s Trade Deals Could Overturn New York’s Fracking Ban and Accelerate Climate Change. Foreign corporations can take our food, health and safety protections and bring us before these tribunals and if they lose, we pay millions of dollars in compensation.