Word: pact
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...America's most reliable debate fodder, from campaign trails to the break rooms of Midwestern factories. NAFTA's fifteenth anniversary this week comes at a tumultuous time: with U.S. unemployment at a 26-year high and many American companies facing grave operational challenges, the controversy over the free-trade pact is not likely to subside anytime soon...
Many of the pact's effects have been celebrated. Intra-North American trade has more than tripled since NAFTA's inception, and the value of U.S. agricultural exports worldwide has climbed by 65 percent. Agricultural trade in both directions between Mexico and the U.S. increased from $7.3 billion in 1994 to $20.1 billion in 2006. Trade between the three parties currently accounts for about 80 percent of Canadian and Mexican trade and more than a third of U.S. trade...
...happens next to this formerly little-known Iraqi journalist. That leaves al-Maliki with few good options. The Prime Minister has worked hard in the past year to cultivate his nationalist bona fides, increasingly pushing back against Washington and driving a hard bargain on a recently approved bilateral security pact with the U.S. Yet those finely honed patriotic credentials could crumble if al-Maliki deals harshly with al-Zaidi...
...important to realize that those actions were taken individually, effectively outside the U.N.'s negotiations framework. The point of the Poznan talks was to smooth the way for a new international pact on climate change next year in Copenhagen, to replace the Kyoto Protocol, which expires in 2012. (If you're wondering why the world needs to come up with a new agreement to replace a pact that doesn't expire for another three years - well, that's U.N. speed.) And while U.N. officials maintained that Poznan set the stage for next year's deadline talks, most of the major...
...Czech Republic oppose deep cuts in carbon-dioxide emissions, arguing that they do not account for their lower levels of earnings. But Sarkozy has warned that the E.U.'s credibility is at stake as it aims to set an example in the run-up to a new global climate pact that will be signed in Copenhagen next year...