“Let’s make them poorer, and we’ll get rich”

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WEDNESDAY  

August 31, 2016 

Financial companies have figured out how to turn a controversial global legal system to their own very profitable advantage. Donald Trump says he’s making a last-minute trip to Mexico today before his speech on immigration. And Chris Brown was arrested for assault with a deadly weapon for allegedly threatening a model with a gun at his LA home.

 

HERE ARE THE TOP STORIES

Bankers and hedge fund managers have figured out how to turn a secretive global court system into a cash cow.

Investor-state dispute settlement, or ISDS, was designed to promote sustainable economic development — not super-high-risk financial speculation.

But the financial industry is placing high-risk bets in developing nations. And when the bets fall through, the bankers use this special legal forum to sue the whole country for failing to protect their investment, leaving taxpayers to foot the bill.

This is part of an explosive BuzzFeed News investigation into a secretive global super court that empowers corporations to bend nations to their will.

Here are part one and part two of our investigation.

This is part of an explosive BuzzFeed News investigation into a secretive global super court that empowers corporations to bend nations to their will.

Ben King for BuzzFeed News 

 

Donald Trump says he’s going to Mexico to meet with its president, Enrique Peña Nieto.

The last-minute trip comes as the Republican presidential nominee is expected to deliver an address about his immigration policy. Trump and Peña Nieto will meet privately.

Peña Nieto sent out an invitation to Trump and Hillary Clinton last week, according to the Washington Post.

Here’s what Trump’s supporters want him to tell Mexico’s president. And former Apprentice contestants say Trump has never cared about people of color.

 

DID YOU HEAR ABOUT THIS?

Officials released the harrowing 911 calls from the Orlando nightclub massacre. 

The Orange County Sheriff's Office released the emotional 911 calls Tuesday, providing a window into how family members tried to help those trapped inside the club. Forty-nine people died at Pulse nightclub in the worst mass shooting in modern US history.

Some of the calls came from neighbors and nearby businesses who heard the barrage of gunfire. Others came from friends and relatives who began to receive text messages from people asking for help as gunman Omar Mateen continued the assault.

"He's still in the bathroom and is bleeding, he got shot," one man told a dispatcher about his son, crying on the phone.
 

QUICK THINGS TO KNOW

  • Fighting ISIS: US officials are trying to confirm if a senior leader of the group was killed in an airstrike in Syria. An ISIS-affiliated media group announced the death of Abu Muhammad al-Adnani on Tuesday.

  • Extreme weather: Louisiana residents, still reeling from historic floods earlier this month, now have to fear potentially massive tropical storms. Residents and officials are worried that a hurricane could be catastrophic given the slow pace of recovery from the floods.

  • Dead or alive? Islam Karimov, the repressive strongman who has led Uzbekistan since before it declared independence 25 years ago, likely died of a brain hemorrhage, but nobody is able to confirm it.

  • Chris Brown was arrested on suspicion of assault with a deadly weapon after a model accused him of pointing a gun at her head during an argument at his home. He was released on $250,000 bail and is due in court on Sept. 20.

  • US news: President Barack Obama commuted the federal sentences of 111 prisoners, nearing a total of 700 commutations over the course of his presidency. And White Lives Matter, a white nationalist organization, is now classified as a hate group for its extremist ideology.   

  • In sports: Hope Solo says she’ll no longer play for her professional soccer team, the Seattle Reign, this season. US Soccer suspended her last week. Solo had come under fire for calling her Swedish opponents “cowards” after losing to them in the Olympics.

  • In tech: Facebook has a fake news problem. Phony content is still everywhere despite the network's promise to block it. And Snapchat usage remains strong despite Instagram’s clone of its Stories feature.

  • Australia: The Indigenous community is calling the death of a teenage boy a hate crime. And this photo of an Indigenous woman standing between police and protesters has gone viral.

Hayley Garlett in Kalgoorlie, Western Australia, stares down a group of protesters as tensions flared on Tuesday in Kalgoorlie following the death of 14-year-old Aboriginal boy Elijah Doughty. Channel Nine

Hayley Garlett in Kalgoorlie, Western Australia, stares down a group of protesters as tensions flared on Tuesday in Kalgoorlie following the death of 14-year-old Aboriginal boy Elijah Doughty. Channel Nine

 

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