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Deborah James, +1 202 441 6917 or djames@cepr.net
Today, Wikileaks released a second batch of the most updated draft texts on the proposed TISA, along with substantive analysis, on each of four cross-cutting annexes: Financial Services, Telecommunications, Electronic Commerce, and Maritime Transport. This follows on their release yesterday of texts on Domestic Regulation, the "Movement of Natural Persons," Transparency, and Government Procurement, along with what Wikileaks called the journalistic holy grail: the TISA's Core Text.
Today, Wikileaks released a second batch of the most updated draft texts on the proposed TISA, along with substantive analysis, on each of four cross-cutting annexes: Financial Services, Telecommunications, Electronic Commerce, and Maritime Transport. This follows on their release yesterday of texts on Domestic Regulation, the "Movement of Natural Persons," Transparency, and Government Procurement, along with what Wikileaks called the journalistic holy grail: the TISA's Core Text. The negotiating texts are supposed to remain secret for five years after the deal is finalized or abandoned.
The leaked TISA texts reveal the dangers of sweeping, so-called "trade" agreements that are negotiated outside of public scrutiny, providing a cautionary tale for the controversial Trans-Pacific Partnership and Trans-Atlantic Free Trade Agreement that are also being negotiated in secret. "As governments around the world implement the lessons of the 2008 financial crisis by re-regulating financial firms to prevent another crisis, the leaked TISA rules could require countries - including the world's largest financial centers - to halt and even roll back financial regulations. Indeed, TISA would expand deregulatory "trade" rules written under the advisement of large banks before the financial crisis, requiring domestic laws to conform to the now-rejected model of extreme deregulation that led to global recession," noted Ben Beachy, Research Director at Public Citizen's Global Trade Watch and author of the analysis on the leaked Financial Services proposed text.
According to analysis provided by the International Transport Workers' Federation (ITF), the secret documents predict a power grab by transport industry players at the expense of the public interest, jobs and a voice for workers. Specifically they reveal a potential and continuing threat to seafarers' wages and conditions, should the agreement be adopted. The Maritime Annex does acknowledge the sectoral standards adopted by the UN bodies but fails to recognise these are minimum protections, stating that in cases where parties 'apply measures that deviate from the above mentioned international standards, their standards shall be based on non-discriminatory, objective and transparent criteria.'
ITF president Paddy Crumlin stated: "Who decides the criteria? What will happen to safety provisions, pay or qualifications which are better than the minimum? The ILO Maritime Labour Convention explicitly sets minimum standards, with member states being encouraged to go above and beyond its provisions. This fact appears to have escaped those drawing up the plans."
Perhaps the most explosive text is that on Electronic Commerce. "You can't negotiate an open internet behind closed doors. The recent leak of the TISA Annex on e-commerce once again demonstrates that trade negotiations are playing an important role in shaping the future of internet governance. Because these negotiations are closed, they are a poor forum for making internet policy, leading to policy that naturally favors businesses with major lobbying operations in Geneva and Washington DC, rather than the sort of open and multi-participant forums deciding issues on the merits we would prefer," said Burcu Kilic, a lawyer at Public Citizen, who co-authored the analysis on the subject. "Privacy is a fundamental human right central to the maintenance of democratic societies. TISA includes requirements that could damage privacy protections. TISA should be debated publicly, in order to ensure that adequate, express privacy safeguards are included. Multistakeholderism requires this," she added.
The documents, along with the analysis, highlight the way that the TISA responds to major corporate lobbies' desire to deregulate services, even beyond the existing World Trade Organization (WTO) rules. "This leak exposes the corporate aim to use TISA to further limit the public interest regulatory capacity of democratically elected governments by imposing disciplines on domestic issues from government purchasing and immigration to licensing and certification standards for professionals and business operations, not to mention the regulatory process itself," said Deborah James of the OWINFS network, which has coordinated global civil society opposition to the proposed TISA since its inception.
Background Information
This leak justifies warnings from global civil society about the privatization and deregulation impacts of a potential TISA since our first letter on the issue, endorsed by 345 organizations from across the globe, in September 2013. At that time, OWINFS argued that "[t]he TISA negotiations largely follow the corporate agenda of using "trade" agreements to bind countries to an agenda of extreme liberalization and deregulation in order to ensure greater corporate profits at the expense of workers, farmers, consumers and the environment. The proposed agreement is the direct result of systematic advocacy by transnational corporations in banking, energy, insurance, telecommunications, transportation, water, and other services sectors, working through lobby groups like the US Coalition of Service Industries (USCSI) and the European Services Forum (ESF)." Today's leaks prove the network's arguments beyond a shadow of a doubt.
Today's leak follows others, including a June 2014 Wikileaks revelation of a previous version of the Financial Services secret text; the December 2014 leak of a U.S. proposal on cross-border data flows, technology transfer, and net neutrality (available in English and Spanish), which raised serious concerns about the protection of data privacy in the wake of the Snowden revelations; the February 5, 2015 release of a background paper promoting health tourism in the TISA (available in English, French, German, and Spanish); and last month's Wikileaks publication of 17 documents on the TISA.
The TISA is currently being negotiated among 24 parties (counting the EU as one) with the aim of extending the coverage of scope of the existing General Agreement on Trade in Services (GATS) in the WTO. However, even worse than the opaque talks at the WTO, the TISA negotiations are being conducted in complete secrecy. Public Services International (PSI) global union federation published the first critique, TISA vs Public Services, by Scott Sinclair, in March 2014, and PSI and OWINFS jointly published The Really Good Friends of Transnational Corporations Agreement report on Domestic Regulation by Ellen Gould in September 2014. A factsheet on the TISA can be found here and more information on the TISA can be found at https://ourworldisnotforsale.org/en/themes/3085.
"No work, no school, no shopping. We're going to show up and say we're putting workers over billionaires and kings."
Ezra Levin, co-founder of Indivisible, said on Saturday that a nationwide general strike is being planned for May 1 that will be modeled on the day of action residents of Minnesota organized in January against the brutality carried out by federal immigration enforcement officials.
Appearing at the flagship No Kings rally in Minneapolis, Levin praised the strength shown by the Minnesota protesters in the face of the US Immigration and Customs Enforcement (ICE) siege of their city this year, and said his organization wanted to replicate it across the country.
"The next major national action of this movement is not just going to be another protest," Levin said. "It is a tactical escalation... It is an economic show of force, inspired by Minnesota's own day of truth and action."
Levin then outlined what the event would entail.
"On May 1, on May Day, we are saying, 'No business as usual,'" he said. "No work, no school, no shopping. We're going to show up and say we're putting workers over billionaires and kings."
Levin: This is the largest protest in Minnesota history… The next major national action of this movement is not just gonna be another protest. On May 1st, across the country, we are saying no business as usual. No work, no school, no shopping. We're gonna show up and say we're… pic.twitter.com/bRPR7K5DuP
— Acyn (@Acyn) March 28, 2026
Levin added that "we are going to build on that courage, that sacrifice" that Minnesota residents showed during their day of action in January, and vowed "to demonstrate that regular people are the greatest threat to fascism in this country."
In an interview with Payday Report published Saturday, Indivisible co-founder Leah Greenberg said that the goal of the nationwide strike action would be to send "a clear message: we demand a government that invests in our communities, not one that enriches billionaires, fuels endless war, or deploys masked agents to intimidate our neighbors.”
The No Kings protests against President Donald Trump's authoritarian government, which Indivisible has been central in organizing, have brought millions of Americans into the streets.
Polling analyst G. Elliott Morris estimated that the previous No Kings event, held in October, drew at least 5 million people nationwide, making it likely "the largest single-day political protest ever."
"You thought it was bad when Iran throttled the Strait of Hormuz?... The Houthis have already proven they can keep the Red Sea closed despite a year of US Navy skirmishing," said one journalist.
The Houthis on Saturday took credit for launching a ballistic missile at Israel, opening a new front in the war US President Donald Trump illegally started with Iran nearly one month ago.
As reported by Axios, the attack by the Houthis signals that the Yemen-based militia is joining the conflict to aide Iran, which has been under aerial assault from the US and Israel for the past four weeks.
Although the Houthi missile was intercepted by Israeli defenses, it is likely just the opening salvo in an expanding conflict throughout the Middle East.
Axios noted that while the Houthis entered the war by launching an attack on Israel, they could inflict the most damage on the US and its allies in the region by shutting down the strait of Bab al-Mandeb in the Red Sea.
"Doing that," Axios explained, "would dramatically increase the global economic crisis that has been created due to the war with Iran" and its closure of the Strait of Hormuz, which has sent global energy prices skyrocketing.
Sky News international correspondent John Sparks reported on Saturday that the Houthis' entrance into the war shows that "this crisis is expanding, it is escalating."
'This crisis is expanding and escalating.'
Houthi rebels in Yemen have confirmed they launched a missile at Israel, marking the Iran-backed group's first involvement in the war.
@sparkomat reports live from Jerusalem
https://t.co/Leuc4SnGfG
📺 Sky 501 and YouTube pic.twitter.com/TmlyFHkCZN
— Sky News (@SkyNews) March 28, 2026
Sparks argued that the Houthis' decision to fire a missile at Israel signals that "the geographical spread of this conflict is expanding," adding that "the Houthis have shown the ability to attack shipping in the Red Sea and the waters around the Arabian Peninsula."
Sparks said that even though Trump and Secretary of State Marco Rubio "have been projecting confidence" about having the war under control, "it's not playing out that way... on the ground."
Danny Citrinowicz, senior researcher at the Institute for National Security Studies, argued that the Houthis' main value to Iran isn't launching strikes on Israel, but their ability to increase economic pressure on the US.
Citrinowicz also outlined ways the Houthis could further drive up the global price of energy.
"This raises a key question: whether the Houthis will escalate further by targeting Saudi infrastructure and shipping lanes more directly, or whether they will preserve this capability as an additional lever of pressure as the conflict evolves," he wrote. "With each passing day of the conflict, particularly in light of its expanding scope against Iran, the likelihood of this scenario materializing continues to grow. It is increasingly not a question of if, but when."
Journalist Spencer Ackerman similarly pointed to the Houthis' ability to cause economic havoc as the biggest concern about their entrance into the conflict.
"You thought it was bad when Iran throttled the Strait of Hormuz?" he asked rhetorically. "The Houthis have already proven they can keep the Red Sea closed despite a year of US Navy skirmishing."
"Messiah complexes, talk of revenge, and the use of force against journalists are just symptoms of what's been happening to the army over the past three years," said one Israeli journalist.
Soldiers in the Israel Defense Forces on Friday were caught on camera assaulting and detaining a crew of CNN journalists while they were reporting from the occupied West Bank.
A video of the incident posted on social media by CNN Jerusalem correspondent Jeremy Diamond shows the CNN crew walking near the Palestinian village of Tayasir, which in recent days has come under assault from Israeli settlers who established an illegal outpost in the area.
The crew are then accosted by armed members of the IDF, who order them to sit down. After the crew complies with their commands, the soldiers come to seize the journalists' cameras and phones that are being used to record the incident.
A soldier then puts CNN photojournalist Cyril Theophilos in a chokehold and forces him to the ground. Writing about the assault later, Theophilos said that the soldier "pushed and strangled me," adding that this kind of violence "is just a symptom of the IDF's actions in the West Bank."
According to Diamond, the CNN crew were subsequently detained for two hours. During that time, Diamond wrote, it became clear that the ideology of the Israeli settlers movement was "motivating many of the soldiers who operate in the occupied West Bank" and that the Israeli military regularly acts "in service of the settler movement."
For instance, one IDF soldier acknowledged during conversations with the CNN crew that the settler outpost near Tayasir was unlawful under both international and Israeli law, but insisted "this will be a legal settlement... slowly, slowly."
The soldier also said he wanted to exact "revenge" on local Palestinians for the death of 18-year-old Israeli settler Yehuda Sherman, who was killed last week by a Palestinian driver. Palestinians who witnessed Sherman's killing have said that the driver was trying to stop Sherman from stealing sheep.
The IDF issued an apology to CNN over the incident, insisting that "the actions and behavior of the soldiers in the incident are incompatible with what is expected of IDF soldiers."
However, this apology was deemed insufficient by Barak Ravid, global affairs correspondent for Axios.
"Apologies are not enough," he wrote on social media. "There is a need for clear accountability. 99.9% of the time there is zero accountability."
The soldiers' actions also drew condemnation from Haaretz reporter Bar Peleg, who argued that problems in the IDF have only grown worse under the far-right government led by Prime Minister Benjamin Netanyahu.
"Messiah complexes, talk of revenge, and the use of force against journalists are just symptoms of what's been happening to the army over the past three years," Peleg said. "The chief of staff and the commanding general can write another thousand letters and wave flags all they want, but the process already seems irreversible."
Palestinian human rights activist Ihab Hassan argued that incidents like the one captured by CNN are all too common for the IDF.
"The Israeli army arrests and assaults journalists, while settlers who commit horrific crimes against Palestinian civilians enjoy total impunity," he wrote. "This is state-backed terrorism."