In the 2012 report Profiting from Injustice, jointly published by Corporate Europe Observatory and the Transnational Institute, we boldly asserted that law firms, arbitrators and third-party funders have, over the past two decades, helped maintain an investor-biased arbitration system and have fuelled the rise in investor-state disputes.
The Alternative Trade Mandate pledge campaign was launched on 2 April in Brussels, calling on European Parliament election candidates to make EU trade and investment policy serve people and the planet, not just the profit of a few large corporations.
Dark Victory reveals the roots of rising poverty and inequality in the South in a sweeping strategy of global economic rollback unleashed by the US to shore up the North's domination of the international economy and reassert corporate control.
The EU's proposed free trade agreement with Colombia will worsen the already serious human rights violations in the country, as its drive to access to cheap raw materials for European corporations means forcing local people off their land.
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 language contained in agreements being negotiated by the EU through the WTO with their southern counterparts often deliberately diguises real political goals, obscuring the negative economic implications for those countries of the neoliberal agenda.
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.
The case of Newmont Mining vs Indonesia is a powerful example of how investment agreements are used by companies to get exemptions from government regulations and legislation, undermining democracy and development.
Pietje Vervest, Timothé Feodoroff, Giorgina Garibotto et al.
06 March 2014
A briefing that explores how a trade agreement currently being negotiated between the US and the EU could open the way to multi-billion euro lawsuits from companies wanting to expand “fracking” for shale gas and oil.
Today, just as faith in deregulated markets has evaporated in the nightmare on Wall Street, so too is the long reign of market fundamentalism (or neoliberalism) ending in the development arena. And, a debate over the best route to development has returned.
The financial crisis should be recognized as a very clear example of how the free trade and free market theory has failed, why the WTO should turn around away from this neo-liberal model and allow for all services and trade to be at the service of people and the planet, not of corporate profits.
The proposed Transatlantic Trade and Investment Partnership (TTIP) between the EU and the US will open the floodgate to multi-million Euro lawsuits from corporations challenging democratic policies to protect the environment and public health, argues a new briefing by Corporate Europe Observatory and the Transnational Institute.
Howard Wachtel is a former TNI fellow and an expert on the financialisation of the global economy who foresaw the financial crisis long before it struck in autumn 2008. His book in 2003 Street of Dreams. Boulevard of Broken Hearts: Wall Street's First Century (London: Pluto Press) is a widely respected history of the infamous New York street. Howard was the first co-ordinator of TNI's...