On Wednesday, April 1st, German Chancellor Angela Merkel’s cabinet approved a measure to bring fracking (the patents for which are owned mainly by “large American companies, including Halliburton, Baker Hughes and Schlumberger”) into Germany. This is a prelude not only to U.S. President Obama’s secret Trans-Atlantic Trade & Investment Partnership (TTIP) pact with Europe to subordinate national laws and regulations to trans-national mega-corporate panels that will be dominated by U.S. firms and that will override the participating nations’ environmental and labor regulations and consumer protections (and harm European economies generally), but it is also a major step toward removing Europe from Russia’s energy-market, and bringing U.S. and European oil companies to dominate there instead.
Germany's Merkel Comes Out as Basically a U.S. Agent
April 1, 2015
by element115
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