World Trade Organization
The World Trade Organization’s TRIPS Council (short for “Trade-Related Aspects of Intellectual Property Rights”) will meet next week in Geneva. At this meeting, representatives of “least developed countries,” or LDCs, will request that they be exempted from having to enforce pharmaceutical patent rights for as long as they remain classified as LDCs.
In a welcome show of bipartisanship, the U.S. Senate took a significant step in the direction of freer global trade in April. The Bipartisan Congressional Trade Priorities and Accountability Act of 2015 (TPA), cosponsored by Sens. Orrin G. Hatch (R-UT) and Ron Wyden (D-OR), is designed to fast-track approval of the Trans-Pacific Partnership (TPP), a landmark trade agreement currently under negotiation by the United States and 10 other Pacific Rim countries.
The recent “occupation” of Wall Street has shed light on what is becoming an unfortunate phenomenon in American society; the purposeless protest, the destructive demonstration, movements that serve only to…