(The Guardian) The US Congress could soon pass legislation to fast-track the Trans-Pacific Partnership (TPP), which may result in the 12-nation trade deal being passed within a fortnight. President Barack Obama needs the Trade Promotion Authority to fast-track trade talks between TPP nations, which account for nearly 40% of the global economy. Australia is one of those nations. Trade Promotion Authority would give the president the power to negotiate an agreement that Congress would then be able to approve or block, but not amend. In a surprising development, the president has the support of his Republican opponents in granting the authority, but faces opposition from Democrats. A procedural vote on the Trade Promotion Authority was narrowly blocked in the Senate by Democrats last week, despite Obama making it one the centrepieces of his presidency. Read more here.