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BBC News - TTIP: Cameron pledges support for EU-US trade deal
David Cameron has pledged to put "rocket boosters" behind plans for an EU-US free trade deal. The UK prime minister said EU and US leaders had met and all agreed the Transatlantic Trade and Investment Partnership (TTIP) "is a deal we want". Speaking at the G20 summit, he said arguments against TTIP were "weak" and fears over the NHS were "nonsense". Many opponents are concerned about TTIP giving firms power to sue governments if they are hit by policy changes. Len McCluskey, general secretary of the Unite union, has called for the NHS to be excluded from the deal. The EU is currently analysing responses to a consultation on a controversial element of TTIP which would allow foreign investors to go to an international tribunal for compensation if a government breaks the rules in a way that harms the company's interests.
TTIP  David  Cameron  Angela  Merkel  G20  crony  capitalism  profit  maximisation  flat  world  globalization  globalisation  worldtrade  Lobbying  lobbyist  lobby  Career  Politicians  short-term  thinking  short-term  view  Wall  Street  accountability  transparency  oversight  corporate  governance  governance  Political  ethical  machine 
november 2014 by asterisk2a
TTIP - How We're Lied To About Food: Russell Brand The Trews (E179) - YouTube
& // power corrupts and absolute power corrupts absolutely = TTIP, CETA, Montanto Protection Act, exluding accountability and liability for corporate action/doing/products. = two tier justice system = inequality, no fairness, Gerechtigkeit, ... this equals to the Bailouts and TBTF and too big to jail.
TTIP  worldtrade  global  trade  trade  agreeement  trade  treaty  local  farming  food  waste  Industrial  livestock  farming  Factory  profit  maximisation  Wall  Street  sustainability  sustainable  crony  capitalism  Lobbying  lobbyist  lobby  Career  Politicians  Policy  Makers  folly  monoculture  monocrop  unintended  consequences  error  agriculture  macroeconomic  microeconomic  accountability  Political  Governance  corporate  Democratic  Process  democracy  transparency  oversight  Consumer  Protection  Monsanto  Protection  Act  protectionism  Europe  CETA  liability  Black  Swan  trust  trustagent  confidence  No  Representation  Justice  System  Law  &  Justice  Gerechtigkeit  Gini  coefficient  inequality  fairness  TBTF  too  big  to  jail  Bailout  GFC 
november 2014 by asterisk2a
Chinas Rare Earth Embargo Changes Incentive for Toxic Work -
China currently controls almost all of the world’s supply of rare earths, for which demand is soaring.

the undeclared embargo looked like a pure power play - with little regard for the conventions of international trade. The export quotas China continues to impose on rare earths,

From the Chinese perspective, though, the issue looks very different.

China feels entitled to call the shots because of a brutally simple environmental reckoning: It currently controls most of the globe’s rare earths supply not just because of geologic good fortune, although there is some of that, but because the country has been willing to do dirty, toxic and often radioactive work that the rest of the world has long shunned.

Despite producing 95 percent of the world’s rare earths, China has only 37 percent of the world’s proven reserves. Sizable deposits are known to exist in the United States, Canada, Australia, India and Brazil, among other places.
China  export  exports  rare-earths  manufacturing  2010  WTO  worldtrade  environment  USA  commodities  speculation  Japan  foreignaffairs 
october 2010 by asterisk2a
ECB Releases Collateral Schedule, Announces Will No Longer Accept Non-Euro Denominated Collateral | zero hedge
What is notable, however, is that the ECB has highlighted it will no longer accept non euro-denominated collateral after 2010. This is not good for countries which plan on syndicating dollar-denominated debt, as has been recently the case for Portugal, and, currently, Greece. Although in Greece's case we tend to think the country doesn't give a rat's behind about whether new issuance will be eligible, and is much more focused on just avoiding default.
ECB  euro  dollar  collateral  2011  2012  2010  china  worldtrade  yuan 
april 2010 by asterisk2a

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