While the debate about the inclusion of a corporate sovereignty chapter in TAFTA/TTIP continues to rage in the EU, the European Commission insists there’s nothing to worry about here. In a recent article published in the Frankfurter Allgemeine Zeitung (original in German), the new European Commissioner for Trade, Cecilia Malmström, wrote that EU member states have signed 1400 agreements with other nations that included corporate sovereignty provisions — implying that such investor-state dispute settlement (ISDS) elements are perfectly normal, don’t cause problems, and won’t cause problems.Read More
WARSAW, POLAND — Poland is planning a major realignment of its military structure because of the conflict in neighboring Ukraine, the country’s defense minister said Monday, a move that could shift thousands of troops to its eastern border.
“The geopolitical situation has changed. We have the biggest crisis of security since the Cold War and we must draw conclusions from that,” Polish Defense Minister Tomasz Siemoniak told The Associated Press.Read More
Tens of thousands of people are flooding the streets of cities all over Europe on Saturday in mass rallies against a controversial trade agreement between the US and the EU.
Talks on the pact, called the Transatlantic Trade and Investment Partnership (TTIP), started last February and, having been mostly held behind closed doors, have raised widespread concerns in the European Union and beyond.Read More
Computing multinational Hewlett-Packard (HP) is to pay US regulators $108m to settle a corruption scandal involving employees at subsidiaries in three countries, who were charged with bribing government officials to win and retain lucrative public contracts.
The case piles further pressure on the HP boss, Meg Whitman, who is already managing the fallout from her company’s disastrous acquisition of the British software group Autonomy, while losing ground commercially to Samsung, Apple and Chinese rival Lenovo.Read More
The United States and its European allies sought Monday to mobilize outrage over Russian actions in Ukraine, as Poland called for an urgent meeting of NATO, saying it feels threatened by Moscow’s moves in the region.
The Polish request for a meeting of NATO’s North Atlantic Council came under the same provision that led the alliance early last year to deploy Patriot missile batteries in Turkey for protection against Syria. The Polish appeal for NATO “consultations” did not make clear what action was being sought.Read More