Small Farmers Say Trade Pact to Hurt Agriculture

Aug. 3 (Bloomberg) -- Wheat and rice paddies have become the battleground for a dispute between Japan's agricultural and business lobbies. The so-called Trans-Pacific Partnership started in 2005 as a pact to open the trade of goods, services and government procurement among members. Some of Japan's farmers and an agricultural cooperative say the nation's joining the agreement will kill the domestic farming industry. Business proponents say the TPP is needed to maintain competitiveness. Bloomberg's Yuriy Humber reports. (Source: Bloomberg)
Best of the Web: Is Draghi Losing Trust of Traders?
45:35 - Senior Editor Tim Coulter reviews the top story from ‘Talk Is Cheap for Euro as QE's Diminishing Returns Thwart Draghi.’ Tim joined Guy Johnson, Anna Edwards and Societe Generale’s Kit Juckes on "Countdown."
  • Why China's Imports Plunged in September
  • Conference Board's Polk: How Slow Is China's Real Growth?
  • Doha Bank CEO: Oil to Bounce Back in Medium, Long Term