Peoples News: Where’s your mandate, Mr Bruton?

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The latest issue of Peoples News is available now. Click here to download.

Articles include:

P1. Where’s your mandate Mr. Bruton? Minister Richard Bruton and thirteen other Member State trade and foreign affairs ministers signed and sent a letter to Trade Commissioner Malmstrom and Commission President Junker last week in which they insisted that ISDS be included in any TTIP trade agreement.

P2. Ireland’s voting weight in EU law-making reduced by 150% since Saturday. Since Saturday, under the Lisbon Treaty provisions, Ireland’s voting weight in EU law-making was reduced by 150% and we have  lost our full-time commissioner.

P3. ILO study finds that TTIP would have significant negative effects

Official studies of TTIP are unclear about outcomes for employment  and income distribution but a recent study by Jeronim Capaldo, an Econometrics and Data Specialist with the International Labour Organization(ILO, finds that that the main existing studies of TTIP rely on inadequate economic models (of the CGE type).

P4. Peoples Movement Press Conference and demonstration. The Peoples Movement held a press conference and picket last week to highlight the fact that from last Saturday, Ireland’s voting weight in making EU laws fell from its present 2% to 0.8%.

P5. Children badly hit by EU austerity measures. Unicef has just published the most comprehensive study of the effects of the financial crisis on children in the OECD.

P5. That letter! The European Central Bank will decide this week when it will release a letter from ECB president Jean Claude Trichet to former minister for finance Brian Lenihan on the eve of the Irish bailout.

P6. Hundreds of thousands sign up to stop TTIP. On Saturday, 11 October 2014, thousands of people throughout Europe protested against the European Union’s plans to conclude the TTIP with the USA and the Comprehensive Economic and Trade Agreement (CETA) with Canada.

P6. Are we on the road to fiscal union? EU Commission president Jean-Claude Juncker’s €300 billion investment plan is laying the ground for a fiscal union although no one dares call it such yet.

P7. Luke ‘Ming’ Flanagan hits ground running with clear warning on TTIP, CETA and TISA. Newly elected MEP Luke ‘Ming’ Flanagan has written to all his fellow MEP’s

P7. ‘We’ll pay extra €157million’ – Kenny. The revision of the EU budget contributions sparked a bitter row at summit in Brussels as Britain was hit with an additional bill of €2bn.

P8. France begins to back down? Both France and Italy have outlined extra measures to cut their budget deficits as they back away from a confrontation with the Commission.

P8.  Amid all the guff about economic recovery …it is getting harder for government to find the saving necessary to meet the provisions of the Permanent Austerity Treaty (Fiscal Treaty).

P9. More price hikes courtesy of the EU. Irish consumers face “significantly higher” prices for electricity due to efforts by the EU to create a single market for power.

P9. And what will happen to the School Buses? The EU Commission has concluded that the School Transport Scheme is not compatible with EU rules.

P10. Wealth transfer continues unabated – the rich get richer! The number of dollar billionaires in the world has more than doubled to 1,645 since the financial crisis of 2008.

P10. The Micula case: ISDS meets with EU law. The Micula brothers own a Swedish company which had invested in Romania before the country’s accession to the EU.

P11. Finally – what’s in it for us; the citizens? The Irish subsidiaries of Apple are Apple Sales International (ASI) and Apple Operations Europe both based in Cork. In the four years to 2012, despite having sales that totaling more than €130 billion they have paid less than €10 million a year in Irish corporation tax.

 

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