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Over 2 million People sign European Citizens’ Initiative against EU-US TTIP trade deal
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rights, freedoms and repression |
press release
Wednesday June 10, 2015 14:23 by No to TTIP
‘Stop TTIP’ calls on European Parliament to reject Investor State Dispute Settlement (ISDS) in upcoming resolution The European Citizens’ Initiative "Stop TTIP" has reached a new record number of signatures a few days ahead of a critical vote on TTIP in the European Parliament. With 2 million signatories, this is the largest European Citizens’ Initiative (ECI) since the introduction of the instrument in 2012. In order for an ECI to be successful, half this number would suffice. Moreover, Stop TTIP has collected the required minimum number of signatures in 14 EU Member States, double the amount needed to receive an official response from the European Commission and a hearing in the European Parliament. The day after tomorrow, on 10 June 2015, the European Parliament will vote on a resolution concerning TTIP. Michael Efler, member of Stop TTIP’s Citizens’ Committee commented: |
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Jump To Comment: 1 2This piece is from the Guardian:
"The number of suits filed against countries at the International Centre for the Settlement of Investment Disputes (ICSID) is now around 500 – and that figure is growing at an average rate of one case a week. The sums awarded in damages are so vast that investment funds have taken notice: corporations’ claims against states are now seen as assets that can be invested in or used as leverage to secure multimillion-dollar loans. Increasingly, companies are using the threat of a lawsuit at the ICSID to exert pressure on governments not to challenge investors’ actions."
These type of payments are already out of control, never mind what would happen if TTIP comes in:
Full text at Guardian link below
from zerohedge:
http://www.zerohedge.com/news/2015-06-12/american-dream...rberg