In 2010 the US mining and gas company, Renco, managed to successfully avoid having to pay compensation to Peruvian locals who were harmed due to pollution by their companies by successfully using a provision of the Peru-US Trade Agreement. Not satisfied with avoiding having to pay compensation, the company has since demanded $800 million from the Peruvian government as they argue that one of the companies they own, Doe Run, was forced into bankruptcy due to an expensive pollution clean-up which the Peruvian government required Doe Run to conduct.
It’s been almost five years since the crash of ’08 catapulted the Irish from their delusions of grandeur into a barren economic wilderness and yet the country still seems perpetually lost. To be frank, it is a depressing place to be. We are a nation without sovereignty. The same technocrats and bankers that gorged the rest of us into famine compose a merry tune for our utterly vapid and inept political class to whistle along to. Political dissent is non-existent, replaced by a communal drizzle of apathy interspersed with occasional phone calls to our own Che Guevara, Joe Duffy. Talk of tightening belts and keeping our heads down usurp more appropriate metaphors containing deck chairs and sinking ships.