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With UAW’s King for cover, Obama backhands labor in Korea trade deal
UAW sources suggest King felt he had to back the trade deal as payback to Obama for pumping billions into failing automakers in 2009—although the bailout of Chrysler and GM laid off tens of thousands of workers and cut pay—in half—for future auto workers.
Not-so-free trade agreements
The flavour of protectionism is spreading in the US sometimes at the cost of impeding market access for trade partners. The recent law signed by US President Barack Obama to raise work visa fees will hit Indian companies immediately and US companies with global operations in the medium and long term.
Japan’s Gingerly Caregiver Plan
With the world’s fastest-aging population, Japan has a growing need for nurses and other caregivers to staff its elderly-care facilities. Asian nations have many well-trained nurses and other caregivers who need jobs. The solution: import more nurses and care workers from Southeast Asia to fill gaping holes in the health care system.
Trade unions in TPP countries call for a fairer trade framework friendly to working people
In an historic move, peak bodies of Trans Pacific trade unions have called for a new and fairer framework for trade and investment agreements.
Indonesia back-tracks on China trade pact
Indonesia has asked to re-write a new regional trade pact with China, citing fears of job losses due to a flood of cheap Chinese imports across various sectors, officials said Wednesday.
Free-trade pacts ignore labor
Recruitment agencies caution the Philippine government in signing free-trade agreements with developed countries because they will only result in further job losses for local workers