"ATTAC is the Association for the Taxation of financial Transactions for the Aid of Citizens. ATTAC was founded in France in 1998. It promotes the idea of an international tax on currency speculation (the Tobin Tax) and campaigns to outlaw tax havens, replace pension funds with state pensions, cancel Third World debt, reform or abolish the World Trade Organisation (WTO) and, more generally, recapture the democratic space that has been lost to the financial world."