Cochabamba: Water as a Human Right (tags)
The economy should be part of life, not a steamroller crushing self-determination and creativity. The TTIP, TPP and TISA trade agreements create a parallel private arbitration system that gives corporations special rights to sue states. Labor and environmental arein danger.
A Partial Privatization of Justice (tags)
On www.socialeurope.eu, Richard Trumka of the AFL-CIO warns that the TTIP is a secret tribunal where only foreign investors can sue. The TTIP brings a crisis for democracy and the constitutional state by creating a parallel private arbitration system with irrevocable decisions.
The European Commission suspended the secret TTIP negotiations for four months to get citizen consultation on the Investor-State-Dispute SettlementThis proposed parallel system with 3-person courts of arbitration allows corporations to sue for lost profits. Decisions are irrevocable.
Anti-Democratic Straitjackets (tags)
The TTIP Transatlantic Trade and Investment Partnership (also called TAFTA) is an undemocratic corporate investment agreement that allows corporations to sue sovereign states for lost profits. This agreement negotiated in secret since 2013 does not allow states to sue.
Investment Protection at a Crossroads (tags)
TTIP gives foreign investors the right to sue sovereign governments before ad hoc arbitration courts when lost profits occur as a result of political decisions. These decisions cannot be appealed and undermine social, environmental and labor regulations.
TTIP: A Tranatlantic Constitution of Corporations? (tags)
TTIP, the Transatlantic Trade and Investment Partnership, endangers the economy, health and food policies of countries outside the EU and the US. The Investor-State Settlement mechanism gives corporations the same status as nation states. A flood of lawsuits can be expected.
Corporations versus States: Arbitration Boards against Democracy (tags)
In 2012 Ecuador paid the largest compensation sum in history $1.76 billion to Occidental for cancelling its oil production contract. Germany is threatened with a compensation of 3.5 billion for turning off two nuclear reactors.
Owens Lake Reminders for SNWA Pipeline’s Water Grab from Northern Aquifers (tags)
The recent decision by the NV State Engineer to support the SNWA's proposed pipeline follows the same tactics used by San Fernando Valley developers who removed water from Owens Lake and Valley by using deception and purchasing land and favors from government officials.