Word: trading
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Dates: during 1990-1999
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...global economic integration, led by multinational companies, gathers momentum, a popular backlash is building. Protesters aren't against trade, but they want corporation-friendly rules to include social concerns--the environment, labor rights, Third World poverty. And they want it now. More than 775 nongovernment organizations have registered with the WTO, bringing some 2,100 observers. "The WTO is an octopus with an arm into every little crevice of democracy," says Lori Wallach, director of Public Citizen's Global Trade Watch lobby. "It trumps domestic laws and international treaties and imposes one-size-fits-all rules...
Their argument couched in moral terms, the unions are allied with U.S. environmental, human-rights and consumer activists in an effort to make social policy through trade. On Nov. 30, the first day of WTO deliberations, the AFL-CIO plans a rally in Seattle led by 900 Boeing machinists, whose employer is one of the world's top exporters. Union delegations representing everyone from teachers to teamsters are flocking in from 25 states and 143 nations. Dockworkers plan to shut down the port. Even the Wobblies are roused. The Puget Sound chapter of Industrial Workers of the World is orchestrating...
...very least, it could be good theater. Earlier this month, U.S. Labor Secretary Alexis Herman, in Seattle to drum up support for free trade, was picketed by steelworkers, antinuclear activists, Free Burma advocates--and Anne Kirkham, 26, of the Bicycle Alliance of Washington. "I'm a bicycle activist, but it's all one big thing--globalism, urban sprawl, pollution," she explained. "It's about corporate greed...
...more of us than expected end up passing the moment quietly, toasting our family and friends by the fire or the tube, does this mean we will in some way have changed, embraced the simple life, ushered in the Us millennium? More likely, we'll return in January to trade stocks, work overtime, buy DVD toasters at postholiday sales, having taken a breather between a turbulent millennium past and an uncertain one ahead. After a season of Y2K anxiety and millenarian doomsaying, condensed history and holiday hype, we should all be so lucky as to have another boring New Year...
CHARLENE BARSHEFSKY U.S. Trade Representative inks China trade deal. Starbucks in the Forbidden City...