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G20 Finance Ministers and Central Bankers take little action against emerging risks in the financial system
The Ministers of Finance and the Governors of the Central Banks of the G20 countries gathered for a meeting in Buenos Aires on 20-21 July in a secure, fully sealed off area. The participants discussed…
The politics of quantitative easing and the increasingly negative consequences they have on developing countries
Quantitative easing (QE) programs were implemented by the central banks to stimulate the Western economies after the financial crisis of 2008. Central banks bought bonds with newly created money that was earmarked for circulation among the…
Experts call on US Supreme Court to reverse decision protecting IFC’s absolute immunity
On Tuesday, nine NGOs and experts filed an amicus brief before the US Supreme Court in support of the Indian fishing communities and farmers who are challenging the International Finance Corporation (IFC)’s claim to absolute…
Intense lobbying of Dutch Cabinet by corporate interests
Recent events surrounding the Dutch dividend tax have made it abundantly clear: with strong enough lobbying, you can eliminate taxes totalling 1.4 billion euros. Therefore, for LobbywatchNL -a Dutch consortium to make lobbying more transparent…
Mercedes-Benz places mica high on child labour risk list
Mercedes-Benz has decided to prioritise mica on the list of fity raw materials with a high risk in the area of human rights. Terres des Hommes calls this decision “an excellent result in the mica…
Two SOMO researchers denied entry into Israel on arbitrary grounds
On Friday 20 July, two researchers of SOMO were denied access into Israel at Ben Gurion airport (Tel Aviv). The stated reason for the denial of entry was their alleged Boycott, Divestment, Sanctions (BDS) activism….
The People 20 conference: are our democracies compatible with financial globalization?
On July 16 and 17, Buenos Aires (Argentina) will be the venue for the ‘People 20’ conference: a new initiative which will unite (finance, investment, trade and sustainability) experts from all over the world to…
5th round of CEPA negotiations: civil society calls attention to human rights and environmental concerns
This week, SOMO joined a group of European and Indonesian civil society organisations (including trade unions) in Brussels on the occasion of the 5th round of negotiations for an Indonesia-EU Comprehensive Partnership Agreement (IEU CEPA)….
NGO input on Commissions proposal on Unfair Trading Practices
A group of civil society organistions welcomes the European Commission’s proposed directive on Unfair Trading Practices (UTPs). This directive represents a valuable opportunity to tackle UTPs across the Union and ensure that food supply chains work…
The EC’s Action Plan to introduce sustainability issues in the financial sector
Publication / June 15, 2018 Sustainable finance in new EU legislation: focus on climate investment The European Commission (EC) launched its “Financing Sustainable Growth” action plan on sustainable finance on 8 and 22 March 2018….
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