http://somo.nl daily 1 2008-04-15T15:10:46Z http://somo.nl/news-en/201cliberalisation-limits-regulation-that-stabilises-financial-markets201d In the week that the WTO Public Forum discusses “Seeking answers to global trade challenges” and the G20 Finance and Development ministers meet in Washington, and also three years after the financial crisis erupted in full, re-regulating the financial sector is still on the agenda in many countries, regions and financial forums. However, free trade negotiations that liberalise financial services have continued to propagate deregulatory rules as it is business as usual. The light-touch regulation of the last decades has shifted within Europe to a more restricting regulation model – but this has not yet found solid ground in the EU position in on-going trade negotiations. No publisher Edith 2012-02-22T16:42:50Z News Item http://somo.nl/news-en/business-as-usual In contrast with the current wide-ranging financial reform agenda in the European Union (EU), the EU continues to liberalise a wide range of risky and non-risky financial services in the General Agreement on Trade in Services (GATS) and other Free Trade Agreements (FTAs) as if the financial crisis never happened. In a new SOMO publication SOMO identifies specific examples on how new EU regulations are in contrast with the pre-crisis model that is still being applied in the GATS negotiations, the Cariforum-EU Economic Partnership Agreement (EPA), and the EU-South Korea FTA. No publisher Edith 2011-04-11T11:59:56Z News Item http://somo.nl/news-en/the-impact-of-free-trade-on-the-financial-crisis-and-vice-versa Behind the currency wars and the worsening global economic crisis lies a largely unquestioned free trade model that both contributed to the crisis and, without radical reform, is a major obstacle to overcoming it. No publisher Edith 2011-02-09T14:41:20Z News Item http://somo.nl/news-en/wto-the-cause-of-global-crises-not-the-solution During the WTO-conference taking place this week in Geneve representatives of the global network Our World Is Not for Sale (OWINFS) from four continents showed how the trade liberalisation model still promoted by the WTO has devastated communities across the world and how it has dramatically worsened the exploitation of women, food shortages, unemployment, and the financial crisis. No publisher Edith 2010-06-14T19:06:19Z News Item http://somo.nl/news-en/what-is-the-role-of-wto-services-rules-in-the-context-of-the-current-financial-crisis Has the WTO's services agreement contributed to the crisis or is it a tool which can help create a more stable environment for international financial services? Myriam Vander Stichele, TNI Fellow and senior researcher at the Centre for Research on Multinational Corporations, and Sergio Marchi, senior fellow at the International Centre for Trade and Sustainable Development, discuss this topic with Keith Rockwell, WTO Spokesperson. No publisher Edith 2011-02-09T14:45:51Z News Item