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Nigeria: U.S.-Based Nigerians Seek Emergency Declaration in Power Sector

A former national chairman of the Institute of Electrical and Electronic Engineers (NIEEE), Mr. Emmanuel Akinwole, has told the News Agency of Nigeria (NAN) that the previous privatisation contract for the power sector “was a bad business proposal that could not work. He said the slow success in the sector was due to the faulty privatisation procedure and had nothing to do with the appointment of Mr. Babatunde Fashola as the previous minister.” Akinwole says the contract should be reviewed.

Source: allAfrica.com

Trade agreements put our right to water at risk

Trade agreements like the Regional Comprehensive Economic Partnership (RCEP) are designed to make it easier for foreign multinational corporations to invest and do business. In doing so, they put the rights of citizens and workers second to profits. Read an Op-Ed by Abdul Somad, president of PSI affiliate Jakarta Water Workers’ Union (SP PDAM Jakarta).

Source: PSI

Rights for People and Rules for Corporations – Stop ISDS

Today’s trade and investment agreements give transnational corporations far reaching special rights and access to a parallel justice system to enforce them. Corporations have their own global private court system – called Investor-state dispute settlement (ISDS) – which they use to bully governments. But many victims of corporate human rights abuses don’t have any way of winning justice. At the start of the 2019 World Economic Forum in Davos, The European Environmental Bureau and more then 150 other European organisations, trade unions and social movements launch a new trade and corporate accountability campaign called “Rights for People and Rules for Corporations – Stop ISDS”. The Petition says: “The EU and Member States must enshrine in their laws the duties of corporations to respect human rights and the environment throughout their operations worldwide”.


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La pandemia: Un gran negocio para empresas transnacionales

Este artículo investiga como cláusulas contenidas en los tratados de libre comercio, conocidas como resolución de controversias inversor-Estado (acrónimo ISDS en inglés), abre brechas para que grandes empresas transnacionales demanden judicialmente gobiernos que crearon políticas de emergencia de combate a la pandemia.

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La pandemia: un gran negocio para empresas transnacionales

Al ver sus ganancias amenazadas por la pandemia de Covid-19, las empresas transnacionales planean utilizar cláusulas presentes en acuerdos de libre comercio para demandar a los países que han adoptado políticas públicas de emergencia para combatir la crisis. Este video es una producción de la ISP en asociación con Le Monde Diplomatique Brasil.