Since the current financial crisis started, none of the governments, experts or media who have called for new regulations for the financial industry have taken into account rules of the World Trade Organisation (WTO) which actually impose extreme financial service deregulation on many WTO member countries.
Talk of the dangers of trade protectionism is used by European politicians to obscure the need for protection from transnational corporations whose control of European trade policy continues to cause negative social and environment impacts. Susan George and Myriam Vander Stichele debate MEP Ignasi Guardans and Chief Economist DG Trade, Gaspar Frontini, in TNI's Debating Europe series.
Spearheaded by the current President of the UN General Assembly Miguel D´Escoto Brockmann, the UN Conference on the Financial and Economic Crisis and its Impacts on Development took place from June 24-26, 2009.
Sixty activists from the global South and Europe are currently touring Europe on their way to Copenhagen. Starting out at Seventh Sessions of the World Trade Organisation (WTO) Ministerial Conference in Geneva from 30 November to 2 December, the tour passes through Italy, Germany, France and Belgium before arriving in Copenhagen on 9 December.
Charles Santiago, Helmut Markov, Ignacio Garcia Bercero
04 May 2009
"ASEAN should build a different kind of regionalism and not sign bilateral Free Trade Agreements with the EU", says Malaysian MP Mr. Charles Santiago in Brussels in a debate with Mr. Bercero, chief negotiator for the EU in the EU-Korea FTA and Mr.
Ten years on from Seattle, TNI and other activists from Enlazando Alternativas have mobilised in Geneva together with the global network Our World is Not For Sale (OWINFS) to expose the role of the WTO and the "free trade" agreements in causing economic and climate crisis.
Some Key Points for Member Groups of the Our World Is Not For Sale Network [OWINFS] at the United Nations Conference on the World Financial and Economic Crisis and its Impact on Development, June 22-24, 2009.
On 5 June, the government of Peru launched an extremely violent attack on the indigenous peaceful protests against 10 legislative decrees promoted by the Peruvian Government in order to comply with the Free trade Agreement (FTA) with US that threatens their rights and their environment.
The Indigenous populations of the Peruvian Amazonia started a general and peaceful strike for almost 60 days to protest against 10 legislative decrees promoted by the Peruvian Government in order to comply with the Free trade Agreement (FTA) with US that threatens their rights and their environment. More specifically, the FTA with the US permits oil and mining companies to enter 44 out of 75 million hectares of Amazonian forest, which are Indigenous territories, without any kind of agreement or even consultation.
An international financial architecture will be new if it is aimed at strengthening their members’ capacity to plan and manage sustainably their own endogenous, democratic and sustainable socioeconomic and human development.