Corporations, backed by lawyers, use international investment agreements to scavenge for profits by suing Europe’s crisis countries. While speculators making risky investments are protected, ordinary people have no such protection and – through harsh austerity policies – are being stripped of basic social rights.
A small club of international law firms, arbitrators and financial speculators are fuelling an investment arbitration boom that is costing taxpayers billions of dollars and preventing legislation in the public interest.
Why are those responsible for the EU crisis profiting from it? Why are the same policies that caused the crisis being used to resolve it? An infographic expose of the EU crisis, its causes and its social impacts.
Speculative investors are claiming more than 1,7 billion Euros in compensation from Greece, Spain and Cyprus in private international tribunals – for measures implemented to deal with economic crises, a new report released today by the Transnational Institute (TNI) and Corporate Europe Observatory (CEO) reveals.
A useful pocket guide on how a crisis made in Wall Street was made worse by EU policies, how it has enriched the 1% to the detriment of the 99%, and outlining some possible solutions that prioritise people and the environment above corporate profits.
Las corporaciones, con el apoyo de firmas de abogados, están usando los acuerdos internacionales de inversión para conseguir ganancias demandando a los Gobiernos de los países europeos en crisis. Mientras que a los especuladores que se dedican a la inversión de riesgo se los protege, las personas de a pie se ven sometidas a duras políticas de austeridad con las que se les está despojando de derechos sociales básicos.
Una útil guía de bolsillo que explica cómo la crisis de Wall Street se vio agravada por las políticas de la UE y cómo ha enriquecido al 1% de la población en detrimento del 99%, y apunta a posibles soluciones que priorizan a las personas y el medio ambiente por encima de los beneficios empresariales.
This paper dissects the Japanese bubble economy in the late 1980’s and early 1990’s and the Asian Financial Crisis in 1997-98 and shows how they shaped Asia’s capacity to deal with and respond to the 2008 global financial crisis. It looks at how China emerged seemingly unscathed, but warns that the inroads of speculative financial capital into China and East Asia along with ongoing problems of over-production means that a future financial crisis is highly probable.
Speculatieve investeerders hebben meer dan 1,7 miljard euro schadevergoeding geclaimd van Griekenland, Spanje en Cyprusvia particuliere internationale tribunalen , nadat ze door de EU opgelegde maatregelen namen in verband met de financiële crisis.
Un pequeño grupo de estudios jurídicos, árbitros y especuladores financieros internacionales está alimentando un auge del arbitraje de inversiones que cuesta a los ciudadanos miles de millones de dólares de sus impuestos e impide que se adopten leyes en pro del interés público.
The fourth edition of our annual State of Power report, coinciding with the international meeting in Switzerland of what Susan George calls “the Davos class”. This series seeks to examine different dimensions of power, unmask the key holders of power in our globalised world, and identify sources of transformative counter-power.
Fisheries systems are widely considered to be ‘in crisis’ in both economic and ecological terms, a considerable concern given their significance to food security, international trade and employment the world over. The most common explanation for the crisis suggests that it is caused by weak and illiberal property regimes.
The theme for TNI's 2012 annual report was 'Ideas in Movement'. This reflects TNI's unique capacity to develop critical analysis that supports and is embedded in the struggles of movements for social and environmental justice.
Across the world, ‘green grabbing’ – the appropriation of land and resources for environmental ends – is an emerging process of deep and growing significance. In recent years there has been a veritable explosion of scholarship examining the neoliberalization of environments, nature and conservation, drawing partly on older traditions of ecological/green Marxism and critical political ecology
Philippa de Boissière, Joanna Cabello, Thomas McDonagh, Aldo Orellana López, Jim Shultz, Pascoe Sabido, Rachel Tansey, Sian Cowman
01 December 2014
An examination of the destructive environmental record of Repsol, Glencore Xstrata and Enel-Endesa in Latin America and worldwide is clear evidence that transnational corporations should have no place in decision-making around the climate.