International Trade and Multinationals
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Tata Steel: government offers to part-nationalise UK plants

Tata Steel: government offers to part-nationalise UK plants | International Trade and Multinationals | Scoop.it
Ministers prepared to take minority stake of up to 25% and offer debt financing to private buyer, in effort to save business
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BBC NEWS - Bhopal remembers toxic gas leak

BBC NEWS - Bhopal remembers toxic gas leak | International Trade and Multinationals | Scoop.it

Relatives of those killed by the Bhopal toxic gas leak in India have gathered, 20 years later, at the scene of the world's worst industrial accident. Thousands died on 3 December, 1984, and for years after the leak at Union Carbide's chemical plant in the city.

 

 

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Mining firms face scrutiny over Congo deals

Mining firms face scrutiny over Congo deals | International Trade and Multinationals | Scoop.it
Campaigners argue natural resources exploited to benefit multinationals rather than local population
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Mars and Nestlé urged to be more transparent about supply chains

Mars and Nestlé urged to be more transparent about supply chains | International Trade and Multinationals | Scoop.it
Investors are using their financial clout to ask big corporations to do more to tackle environmental and social risks, writes Will Martindale
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The great Chinese takeaway

The great Chinese takeaway | International Trade and Multinationals | Scoop.it

http://www.telegraph.co.uk/news/worldnews/asia/china/10406404/The-great-Chinese-takeaway.html

The People’s Republic is on a shopping spree, and British firms are at the top of its list. So what’s in it for us? 

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The global food crisis: ABCD of food – how the multinationals dominate trade

The global food crisis: ABCD of food – how the multinationals dominate trade | International Trade and Multinationals | Scoop.it

Felicity Lawrence: The extraordinary concentration of power and money in the global food trade has been identified by Oxfam in a new report this week as one of the structural flaws of the system. At each stage a handful of players dominate, not just in primary agriculture but in food manufacturing and retailing. The result, according to Oxfam, is that "they extract much of the value along the chain, while costs and risks cascade down on to the weakest participants, generally the farmers and labourers at the bottom".

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GlaxoSmithKline to pay £297m fine over China bribery network

GlaxoSmithKline to pay £297m fine over China bribery network | International Trade and Multinationals | Scoop.it
Mark Reilly and executives face up to four years in jail over claims that sales team bribed doctors to prescribe company medicine
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One in six Walmart factories in Bangladesh fail safety review

One in six Walmart factories in Bangladesh fail safety review | International Trade and Multinationals | Scoop.it

One in six clothing factories used by Walmart in Bangladesh failed to meet basic standards of structural, fire or electrical safety, the US retailer has found. Independent inspections for the company – which owns Asda in the UK – found that 32 of its 200 factories required urgent work to fix serious failings, including one factory that was so unsafe it had to be shut down and another with an illegal eighth floor containing the staff canteen

 

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Foreign Direct Investment and Transnational Corporations

Foreign Direct Investment and Transnational Corporations | International Trade and Multinationals | Scoop.it

In the mid-1980s, when FDI started growing rapidly, total world FDI flow was around $75 billion per year (1983-7 average). Today, at $1,519 billion (2008--12 average), it is over twenty times the mid-1980s figure, implying that it has grown at around 12.8 per cent per year. These figures look like huge sums and a very rapid growth rate, but they should be put into perspective.

In the mid-1980s, the world's total FDI was equivalent to 0.57 per cent of world GDP (1983-7 average of $13-5 trillion). The figure for the 2008-12 period, however large it may seem in absolute terms, is still equivalent only to 2.44 per cent of world GDP. 

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EU has made UK economy more dynamic, says Bank of England chief

EU has made UK economy more dynamic, says Bank of England chief | International Trade and Multinationals | Scoop.it

Mark Carney, the governor of the Bank of England, has said that EU membership opened up the UK economy and made it more dynamic, but also left it more exposed to financial shocks.

Carney, said Britain was possibly “the leading beneficiary” of the EU’s single market, and that being in the bloc had been one of the drivers of its strong economic performance in the four decades since it first joined. 

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UK and the EU: Better off out or in? - BBC News

UK and the EU: Better off out or in? - BBC News | International Trade and Multinationals | Scoop.it
With an EU referendum on the horizon, we look at the main economic arguments for and against Britain's membership.
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TPP: What is it and why does it matter? - BBC News

TPP: What is it and why does it matter? - BBC News | International Trade and Multinationals | Scoop.it
The Trans-Pacific Partnership is one of the most ambitious free trade agreements ever attempted. But why does it matter?
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What is TTIP? And six reasons why the answer should scare you -The Independent

What is TTIP? And six reasons why the answer should scare you -The Independent | International Trade and Multinationals | Scoop.it
The Transatlantic Trade and Investment Partnership is a series of trade negotiations being carried out mostly in secret between the EU and US. As a bi-lateral trade agreement, TTIP is about reducing the regulatory barriers to trade for big business, things like food safety law, environmental legislation, banking regulations and the sovereign powers of individual nations.
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Rating: **

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The second wave

The second wave | International Trade and Multinationals | Scoop.it

HAS China arrived at its Rockefeller Centre moment? In the late 1980s as Japan’s miracle economy was soaring, the Mitsubishi Estate Company bought the Rockefeller Centre in Manhattan, a landmark complex built by the eponymous oil and banking clan. Alas, Mitsubishi had to sell, at a big loss, after Japan’s asset bubble popped. Now it is Chinese firms that are seeking such trophies in New York.

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South Africa: Killing of 34 Marikana Mine Strikers - The Role of British Company Lonmin

South Africa: Killing of 34 Marikana Mine Strikers - The Role of British Company Lonmin | International Trade and Multinationals | Scoop.it

15 months on from the massacre, executives from British-owned Lonmin, which counts the Church of England Commissioners and several UK borough councils among its shareholders, have not yet been called to appear before the official commission of inquiry into the massacre.

Now, evidence examined by the Bureau of Investigative Journalism raises new and potentially damaging questions about the relationship between Lonmin, the company at the centre of the strike, the police and the government

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BBC -1984: Hundreds die in Bhopal chemical accident

BBC -1984: Hundreds die in Bhopal chemical accident | International Trade and Multinationals | Scoop.it

Hundreds of people have died from the effects of toxic gases which leaked from a chemical factory near the central Indian city of Bhopal.

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The global food crisis: ABCD of food – how the multinationals dominate trade

The global food crisis: ABCD of food – how the multinationals dominate trade | International Trade and Multinationals | Scoop.it

Felicity Lawrence: The extraordinary concentration of power and money in the global food trade has been identified by Oxfam in a new report this week as one of the structural flaws of the system. At each stage a handful of players dominate, not just in primary agriculture but in food manufacturing and retailing. The result, according to Oxfam, is that "they extract much of the value along the chain, while costs and risks cascade down on to the weakest participants, generally the farmers and labourers at the bottom".

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Child Labour in Bangladesh

More about this episode: http://www.bbc.co.uk/programmes/b00s5wzp Simon Reeve meets 10-year-old Jahangir, who works in a sweltering glass factory in Dhaka, B...
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Multinational oil companies, 2; sovereign nations, 0

Multinational oil companies, 2; sovereign nations, 0 | International Trade and Multinationals | Scoop.it
Shell beats back a lawsuit over pollution in Nigeria, and Chevron scores a point in its fight to avoid paying for its mess in Ecuador.
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Factory workers locked in on shifts

Factory workers locked in on shifts | International Trade and Multinationals | Scoop.it
Workers making clothes for the supermarket Lidl in Bangladesh have been secretly filmed being forced to work 19-hour shifts.
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Nissan invests £100m in Sunderland plant - BBC video

Nissan invests £100m in Sunderland plant - BBC video | International Trade and Multinationals | Scoop.it
Japanese carmaker Nissan announces it will invest £100m in its UK plant at Sunderland to build the new Juke model.
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Foreign direct investment: which countries get the most?

Foreign direct investment: which countries get the most? | International Trade and Multinationals | Scoop.it

The amount being directly invested worldwide grew by 9% in 2013 but the world may face a sizeable gap when it comes to assuring sustainable development. 

Flows to developing countries reached a record high of $778bn, which makes them worth 54% of the worldwide amount. This meant that for the second-year-running, developing countries took more investment than developed ones, which with $566bn had a historically low share of 39% despite showing growth on 2012.

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Brexit – what would happen if Britain left the EU?

Brexit – what would happen if Britain left the EU? | International Trade and Multinationals | Scoop.it
Growth, trade, immigration, jobs, diplomacy: what would the impact be if a 2017 referendum pushed UK towards the exit?
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Chlorine chicken, hormone beef? European fears over TTIP

Chlorine chicken, hormone beef? European fears over TTIP | International Trade and Multinationals | Scoop.it
On a velvety green patch of the French countryside, organic farmer Jean Cabaret gives a little shudder. A looming trade deal with the United States, he fears, may make his worst culinary nightmare come true: an invasion of Europe by American “Frankenfoods”.

“Hormone-boosted beef. Chlorine-washed chicken. Genetically altered vegetables. This is what they want for us,” warned Cabaret, standing before his majestic herd of free-range cows. “In France, food is about pleasure, about taste. But in the United States, they put anything in their mouths. No, this must be stopped.”

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Trans-Pacific Partnership: What is it and what does it mean? BBC News

The US, Japan and 10 other Pacific rim countries have signed a controversial and sweeping trade agreement that covers about 40% of the world economy. The Tra...
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