The banks' support for fossil fuel extraction and climate breakdown could instigate the next crash with unprecedented costs for innocent people ten years on from the 2008 financial crisis, argues CHRIS SALTMARSH
London-listed copper giant Antofagasta has been entangled in scandals in Chile involving water depletion, dangers to local communities, corruption of national politics and environmental contamination, write Ali Maeve & Liam Barrington-Bush. Yet the London Stock Exchange remains silent. Following the company's AGM last week, a new London Mining Network report puts their actions and operations into the spotlight.
Ecuador is the latest country to tear up 'free trade' agreements that have so far cost the country $21 billion in damages awarded to foreign companies by 'corporate courts', and yielded next to nothing in return, writes Nick Dearden. So the outgoing President Correa did the only sensible thing: in one of his final executive acts this month, he scrapped 16 toxic trade and investment treaties.