The controversial TTIP and CETA trade deals could leave people’s access to basic rights such as water and energy at the mercy of large multinational corporations as part of a wholesale takeover of public services, a new report has warned.
The ‘Public Services Under Attack’ report, released by a group of international NGOs and trade unions, claims that the CETA and TTIP trade deals, being negotiated between the EU, and Canada and the US respectively, would expose public services to highly damaging “commercialization” from multinational corporations.
While the UK government has previously stated that “TTIP will not change the way that the NHS, or other public services, is run,” the report has raised questions over the legitimacy of such claims, pointing out the ‘negative list’ approach to public services in the CETA deal. Continue reading
When I arrived to Bangkok the other day, coming down the motorway from the airport I saw a huge billboard—and it floored me.
The billboard was from the Bank of China. It said: “RMB: New Choice; The World Currency”
Given that the Bank of China is more than 70% owned by the government of the People’s Republic of China, I find this very significant. Continue reading