A little-known international arbitration system is gaining global power and allowing multinational corporations to sue entire countries. Buzzfeed News spent months reporting on the scope and power of the investor-state dispute settlement, or ISDS, and just published a nearly 10,000-word investigative report on the system. If you don't have two hours to go through the whole tome, here are some highlights. ISDS was originally intended to help international businesses protect their investments in other countries and in turn encourage development and more foreign investment. It part of the fabric of major international trade agreements like NAFTA and the proposed Trans-Pacific...
