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June 12, 2015
Can you trust other countries to store your data? You might have to.
President Obama is trying to win “fast track” authority from Congress to negotiate enormous trade deals. Fast track means that whatever deal Obama cuts with the world’s nations, Congress must approve it or reject it on an up-or-down vote, without amendments. This “Trade Promotion Authority” has passed the Senate and will be taken up by the House later this month. The deal farthest along involves 11 countries in the Pacific Rim, called the Trans-Pacific Partnership, or TPP. Another trade agreement, with Europe, called TTIP, is also under negotiation and being considered for fast track, and isn’t nearly as complete. But there is one deal that is greater than all these. This week, Wikileaks leaked 17 secret documents about a third trade deal, close to being agreed upon, called the Trade in Services Agreement, or TISA. As it sounds, it’s not about trading goods between countries, but rather services, which...(Read Full Post)