Thousands of protesters fill streets of Berlin to demonstrate against controversial Europe-US trade deal Saturday Oct 10,2015

 

The streets of Berlin were flooded with an estimated 150,000 protesters Saturday Oct 10,2015, as furious activists campaigned against a controversial free trade deal between Europe and the United States.

Demonstrators hammered drums, blew whistles and brandished banners protesting the ‘anti-democratic’ deal, which would give corporations the right to sue governments in secret courts.

If the deal, the Trans-Atlantic Trade and Investment Partnership (TTIP), goes ahead, its supporters hope that it will deliver more than $100billion (£65billion) of economic gains on both sides of the Atlantic.

Critics of the proposed free trade deal claim it would hand too much power to big multinationals at the expense of consumers and workers

 Note

TTIP is mainly about knocking down regulatory barriers to trade for big business, which include food safety laws, environmental legislation, banking regulations and the sovereign powers of individual nations.

 

The Transatlantic Trade and Investment Partnership (TTIP) is a proposed Free Trade Agreementbetween the EU and the USA, with the aim of promoting multilateral economic growth

The US Government considers the TTIP a companion agreement to the Trans-pacific Partnership(TPP)

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

The TTIP deal is a companion agreement to the Trans-Pacific Partnership (TPP) trade deal, which was given the go-ahead in a landmark trade agreement reached earlier this week, between the U.S., Japan, and 10 other countries circling the Pacific Ocean.