Corporations

• ‘Conference of Polluters’

  COP17’s dirty secret: another failure will please certain South Africans

  by Patrick Bond

  30 November 2011

  One of the world’s most extreme cases of climate injustice happens to be the site for the UN Framework Convention on Climate Change Conference of the Parties 17 (COP17) climate summit. According to our government’s National Climate Change Response White Paper: ‘potential impacts on South Africa in the medium- to long-term are significant and potentially catastrophic’ for under conservative assumptions, ‘after 2050, warming is projected to reach around 3–4°C along the coast, and 6–7°C in the (...)

• Call for an Alternative Investment Model

  26 November 2011

  All over the world citizens are demonstrating and struggling against the domination of financial capital and reclaiming participatory democracy and justice. In this time of intense economic crisis, we continue affirming that: International Investment Agreements (IIAs) – such as the Bilateral Investment Treaties (BITs) and investment chapters in the Free Trade Agreements (FTAs) are part of an architecture of impunity for transnational corporations (TNCs) and as such undermine the sovereignty (...)

• Millions of acres of African rainforest threatened as Congolese government moves to ‘legalise’ felling for timber

  by Greenpeace

  30 September 2008

  Greenpeace International – Rainforest Foundation – Global Witness Press Release For Immediate Use 24 September 2008 A group of international NGO’s have today warned that millions of acres of rainforest could be at risk as the government of the Democratic Republic of Congo (DRC) considers whether to legalise more than 150 timber felling contracts. The groups condemned the process used to review of the legality of the country’s entire logging industry as being fundamentally flawed. (...)

• Third World: is another debt crisis in the offing?

  
  by Eric Toussaint

  12 September 2008

  September 2008 While taking a significant toll on public revenues, repayment of the public debt has, since 2004, ceased to be a major concern for most middle-revenue countries and for raw material exporting countries in general. In fact the majority of governments of these countries are having no trouble finding loans at historically low interest rates. However, the debt crisis that hit the advanced industrial countries in 2007 could radically change the conditions of indebtedness in (...)

• Pakistan facing acute solvency crisis

  
  by Abdul Khaliq

  6 September 2008

  Pakistan’s sovereign debt is going to be the riskiest. For the week ending Aug 29 2008, Government of Pakistan bonds overtook Argentina’s to be the unsafe for investment, say London financial market indicators. In London, where Credit Default Swaps (CDS) are traded, the price for insuring $10 million worth of Argentina’s debt stood at $788,000 while the price to insure the Government of Pakistan-guaranteed debt skyrocketed to $950,000 — something that has never happened before — Pakistan’s (...)

• La Via Campesina release regarding the WTO bilateral and mini Ministerial Meeting - Geneva, July 2008

  Wrong doctor, wrong remedies. WTO pushes for more trade liberalisation to solve food crisis: more fuel on the fire!

  by Via Campesina

  23 July 2008

  About 40 hand-selected trade ministers invited to Geneva do not have any mandate to decide on the future of millions of people. La Via Campesina demands an end to the WTO negotiations! The policies of the WTO have de-regulated food and agricultural markets. They have pushed for privatisation of services and natural resources generating a speculative bubble out of control of national governments, increasing hunger to up to a billion people. The current world food crisis is a direct (...)

• Press Conference May 13, 2008

  United States Supreme Court Order Clears the Way for the Khulumani International Lawsuit to Go Forward

  by Khulumani Support Group

  14 May 2008

  Khulumani Support Group, a national membership based organisation of victims and survivors of Apartheid, welcomes the order issued by the United States Supreme Court yesterday that the judgment of the Second Circuit Court of Appeal in the Khulumani International Lawsuit stands. This significant development opens the way for the case to go forward to trial. The circumstances of the Supreme Court Order are that the Court lacked the necessary quorum of six justices to issue an opinion. Four (...)

• Who is the State working for: the banks or the public?

  
  by Eric Toussaint, Damien Millet

  26 March 2008

  In many respects, the ongoing international financial crisis throws into sharp relief the deceit and denials of those who promote financial globalisation, whether they sit on the board of the big private banks or move in the higher spheres of the State. Over recent years, the dominant discourse was that all was fine on the debt front: with the introduction of new products, such as the securitisation of debts, the risk had been spread among a number of players. No crisis could be expected, (...)

• A World Bank report kept under wraps brings fresh proof of the Bank’s failure to work for development and an end to corruption

  
  by Renaud Vivien

  5 November 2007

  The High Court of Bannai has rejected Novartis’ appeal against the Indian Patent Act, placing the Indian pharmaceutical sector in the limelight once again. This time, the issue is of fraudulent practices by pharmaceutical companies within the ambit of a project funded by the World Bank: the “Reproductive and Child Health Project 1” (RCH1). A confidential report by the Department of Institutional Integrity – INT (an internal wing of the Bank mandated to investigate the frauds in Bank-funded (...)

• The Struggle for Latin America’s Water

  by Maude Barlow, Tony Clarke

  14 August 2004

  Water privatization provokes a political backlash as Latin Americans take the global lead in demanding water democracy. Latin America is blessed with an abundance of fresh water. The region contains four of the world’s 25 largest rivers-the Amazon, Paraná, Orinoco and Magdalena-and their combined run-off of 5,470 cubic miles almost equals the combined run-off of the other 21. Some of the world’s large lakes are also located in Latin America, including Maracaibo in Venezuela, Titicaca in Peru (...)

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