The Centre for Research on Multinational Corporations (SOMO) is an independent, not-for-profit research and network organisation
working on social, ecological and economic issues related to sustainable
development. Since 1973, the organisation investigates multinational
corporations and the consequences of their activities for people and the
environment around the world. More...
In Colombia, SOMO cooperates with Indepaz: Instituto de Estudios para el Desarrollo y la Paz – Research Institute for Peace and Development. Indepaz carries out research and provides dialogue facilitation and training. They have thirty years of experience in Colombia, a country with a long history of war and violence. Director Camilo González Posso has years of work experience in conflict areas and situations, and explains the cooperation between SOMO and Indepaz.
A request to launch a citizen’s initiative concerning TTIP and CETA was rejected by the European Commission on 10 September. The EC refuses to register the initiative because they consider that it falls outside its competence. TNI, SOMO and other civil society organisations believe that the Commission is undermining citizen participation and they call on the new Commission to overturn their decision.
On Wednesday 10 September, the Netherlands’ parliamentary committee on foreign trade, development and cooperation held a meeting with the relevant minister. The focus of the discussion was the secret TTIP (Transatlantic Trade and Investment Partnership) negotiations. But even less is known about the impact of the TiSA (Trade in Services Agreement.)
Since the start of the financial crisis, various international fora such as the G20 and the OECD discussed tackling the risks of the shadow banking system. This financial system consists of the issuance and trading of credit outside of the regulated banking system. It operates parallel to the conventional system. Because of the interdependence between the two banking systems, systemic risks in the shadow banking sector are also risks to the regular banking system. The SOMO publication Schaduwbankieren en belastingontwijking (Shadow banking and tax evasion) outlines the problematic nature of the shadow banking system and highlights the Dutch role within it.
The Finnish company Nokia used to be the charming ‘girl next door’ among the telecoms. But the takeover by Microsoft has changed it all. It’s the Vietnamese and Indian workers assembling the mobile phones who are now the dupes.