SOCIAL WATCH E-NEWSLETTER - Issue 107 - October 19, 2012

Issue 107 - October 19, 2012

Europe takes a little and uncertain step to the financial transactions tax

The agreement reached by 11 of the 17 governments of the Eurozone to create a financial transactions tax (FTT) was received with mixed feelings. Members of European and global civil society organizations deemed it as a needed step in the right direction, but insufficient, as they fear that the incomes would be used to redress the fiscal imbalances, not to deal with global poverty and climate change. Experts forecast flights of capitals to countries reluctant to impose the FTT, notably the United Kingdom. In the meantime, 58 relevant groups called on the president of the World Bank Jim Yong Kim to advocate for the tax at the global level.
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Austerity policies in the developed world also hit developing countries

While global attention on the crisis focuses on Europe, the downturn continues to inflict devastating social consequences worldwide, especially to developing countries. The latest international data available, highlighted by the UNICEF’s Policy Division, warns about the alarming dangers posed by unaffordable food, pervasive unemployment and dwindling social support.
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Tunisia: Thousands of cases of human rights violations filed into databases

Eight Tunisian human rights associations, headed by Avocats Sans Frontières, have categorized 7,454 cases of human rights violations and filed them into databases. A better knowledge of that information will contribute to the transitional justice process currently underway in the country that is the beacon of hope for the Arab Spring.
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Using the brand-new UN Guiding Principles to end the violence of extreme poverty

On occasion of the International Day for the Eradication of Poverty, October 17th, the International Movement ATD Fourth World called on public authorities and non-state actors to use the recently approved UN Guiding Principles on Extreme Poverty and Human Rights as a mean “to end the violence of extreme poverty”.
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Sri Lanka: Tea workers demand land, angry over plan to lease it to businesses

More than 300 homeless Sri Lankan tea estate workers marched to demand land and housing rights in the city of Kandy on Sunday 14th. They have been angered by a clause in the national budget which proposes leasing unused plantation land to businesses.
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Canada's underemployed youth slow to recover in post-recession

The ability of Canada’s young workers to find stable, well-paid, and meaningful work is increasingly under threat, warns a report released by the Canadian Centre for Policy Alternatives (CCPA). They are more likely to be unemployed or precariously employed in non-permanent jobs, and regardless of whether they have post-secondary qualifications, these young workers will likely endure the negative effects of un- and underemployment for years to come.
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