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international / anti-capitalism / feature Saturday November 29, 2014 17:45 by Shane Cassidy 13 comments (last - wednesday june 10, 2015 10:35) 1 video file
This article examines the Transatlantic Free Trade agreement and it's potential repercussions.
In 2010 the US mining and gas company, Renco, managed to successfully avoid having to pay compensation to Peruvian locals who were harmed due to pollution by their companies by successfully using a provision of the Peru-US Trade Agreement[1]. Not satisfied with avoiding having to pay compensation, the company has since demanded $800 million from the Peruvian government as they argue that one of the companies they own, Doe Run, was forced into bankruptcy due to an expensive pollution clean-up which the Peruvian government required Doe Run to conduct [2]. read full story / add a comment |
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