Failure of Investor-State Dispute Settlement System; Wikileaks Seeks TTIP Text; Greek Bailout Used to Service Debt
Crisis, Emergency Measures and Failure of the ISDS System: The Case of Argentina. The investor-state dispute settlement (ISDS) system has come under increasing criticism in recent years. Inconsistent decisions, poorly reasoned awards, lack of transparency, parallel proceedings, serious doubts about arbitrator’s impartiality and the sheer size of the compensations sought by investors and awarded by arbitration tribunals are just some examples of the flaws that have been pointed out by detractors of the system.
WikiLeaks Goes After Hyper-Secret Euro-American Trade Pact. WikiLeaks has launched a campaign to crowd-source a €100,000 reward for Europe’s most wanted secret: the Transatlantic Trade and Investment Partnership (TTIP).
Greek Bailout Goes to Servicing the Debt. Budget surplus targets were reduced but this is no victory, since it will be impossible to achieve and it will throw Greece into a perpetual depression says Dimitri Lascaris.
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