Topic: Corporate power
Earth’s ‘life support system’ is being destroyed by global business paradigm, UN expert warns
News / 12th March 2024UN expert calls for an urgent and radical shift in how business and the global economy operates to prevent irreversible damage to Earth’s life support system and safeguard human rights.
WTO is unfit for purpose in an era of multiple crises
Blog / 29th February 2024A civil society statement to the 13th WTO Ministerial Conference in Abu Dhabi calls for an alternative international trade framework based on food sovereignty.
‘Taken, not earned: How monopolists drive the world’s power and wealth divide’
Report / 18th January 2024The world’s top companies are using their monopoly power in their markets to hike prices and keep them high amid inflation and a cost of living crisis. In the five years to 2022, for the world’s top 20 companies, the average “markup” has risen to around 50 per cent.
Poor people in the developing world have a right to medicine
Blog / 22nd November 2023People should not die because of their income or where they were born. We must have the courage to stand up to the pharmaceutical industry, writes Bernie Sanders.
Fossil fuel producers ‘literally doubling down’, new UNEP report warns
News / 10th November 2023Contrary to pledges to cut fossil fuel production, government policies worldwide will add up to a doubling of production in 2030, according to a new report from the UN environment agency..
Big business’ windfall profits rocket to “obscene” $1 trillion a year amid cost-of-living crisis
Report / 7th July 2023The world’s biggest corporations together raked in over $1 trillion in windfall profits each year for the past two years amid soaring prices and interest rates, while billions of people are having to cut back or go hungry.
Top five arms exporters hit yearly sales of $85 billion as 9,000 people die from conflict-driven hunger every day
Blog / 9th June 2023Global military spending reached $2.2 trillion last year, enough to cover the UN appeal for global humanitarian needs more than 42 times.
Food corporations paid shareholders $53.5bn while millions went hungry
Article / 2nd June 2023Without food sovereignty, private businesses will continue profiteering at the expense of the planet, writes Davi Martins.
War costs us the Earth: Global Days of Action on Military Spending
Blog / 22nd April 2023STWR joins the call for governments to change course and focus on rapid, deep cuts to military spending that are driving an arms race and fueling war. 'War costs the earth', says the Global Campaign on Military Spending.
‘Profiteering’ of Covid pandemic must never be repeated, world figures warn
News / 13th March 2023A scathing open letter from world leaders calls on governments to “never again” allow “profiteering and nationalism” to come before the needs of humanity in the wake of the coronavirus pandemic.