Corporate Corruption Media Articles

Excerpts of Key Corporate Corruption Media Articles in Major Media

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Emotion artificial intelligence uses biological signals such as vocal tone, facial expressions and data from wearable devices as well as text and how people use their computers, promising to detect and predict how someone is feeling. Over 50% of large employers in the U.S. use emotion AI aiming to infer employees' internal states, a practice that grew during the COVID-19 pandemic. For example, call centers monitor what their operators say and their tone of voice. We wondered what workers think about these technologies. My collaborators Shanley Corvite, Kat Roemmich, Tillie Ilana Rosenberg and I conducted a survey. 51% of participants expressed concerns about privacy, 36% noted the potential for incorrect inferences employers would accept at face value, and 33% expressed concern that emotion AI-generated inferences could be used to make unjust employment decisions. Despite emotion AI's claimed goals to infer and improve workers' well-being in the workplace, its use can lead to the opposite effect: well-being diminished due to a loss of privacy. On concerns that emotional surveillance could jeopardize their job, a participant with a diagnosed mental health condition said: "They could decide that I am no longer a good fit at work and fire me. Decide I'm not capable enough and not give a raise, or think I'm not working enough." Participants ... said they were afraid of the dynamic they would have with employers if emotion AI were integrated into their workplace.

Note: The above article was written by Nazanin Andalibi at the University of Michigan. For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption and the disappearance of privacy from reliable major media sources.

Widespread sexual abuse of children in the entertainment industry must be urgently stamped out, an independent UN expert told the Human Rights Council on Tuesday, presenting hard-hitting findings and recommendations on how to end the scourge. "The sexual abuse and the exploitation of children within the entertainment industry resulting from unethical systems, structures, practices or abuse of power and authority is widespread," said Mama Fatima Singhateh, the UN Special Rapporteur on sale and sexual exploitation of children. Child performers in the entertainment industry are exposed to sexualized, violent and aggressive environments that are unsafe for their integral development and in which they can be exposed to the consumption of addictive substances, she said the report. The Special Rapporteur found that predatory sexual behaviour, including grooming, was accepted as the norm in the entertainment industry. Moreover, perpetrators often faced no repercussions for unlawfully exercising power and authority over young and aspiring child performers. "Abusive work conditions and portrayal of sexual abuse and exploitation of children in various entertainment platforms ... objectify and instrumentalise children," Ms. Singhateh said. "Victims and survivors have been met with silence, non-acknowledgement, lack of investigation, duress, intimidation or non-availability of reparation measures."

Note: For more along these lines, see concise summaries of deeply revealing news articles on media corruption and sexual abuse scandals from reliable major media sources.

Almost six in ten doctors in the US received more than $12 billion in payments from pharma firms in the past decade, an analysis has revealed. A study by researchers at Yale University found that 57 percent of doctors earned the huge sums from manufacturers in relation to medical drugs or devices between 2013 and 2022. Most of the money was for consulting services or fees for things such as serving as a speaker at a venue, but the physicians also received large amounts of money for food and beverages and gifts. Orthopedic surgeons were found to receive the largest total sum of payments, at $1.36bn, and the most common drugs related to payments were blood thinners Xarelto and Eliquis. 'Despite evidence that financial conflicts of interest may influence physician prescribing and may damage patients' trust in medical professionals, such payments remain pervasive,' the researchers wrote. After orthopedic surgeons, the physicians that received the largest total sum of payments were neurologists and psychiatrists, who received $1.32bn, and cardiologists, who got $1.29bn. Although the median payment to doctors was $48, payments to the top 0.1 percent of doctors were far higher and differed depending on specialty. The average amount paid to the top 0.1 percent of orthopedists was $4,826,944. For the top 0.1 percent of cardiologists, it was $3,197,675, and for the top 0.1 percent of neurologists and psychiatrists it was $2,588,819.

Note: For more along these lines, see concise summaries of deeply revealing news articles on Big Pharma corruption from reliable major media sources.

A chemical found in water bottles has been linked to child obesity, according to a new study. The synthetic chemical Bisphenol A, or BPA, was found in a variety of widely used products, such as plastic water bottles and eyewear. But it is also a chemical known to disrupt the body's hormones. The chemical, which can make its way into other avenues, such as food and the soil, accumulates in the body's tissues and organs when ingested. It is known to affect weight and can affect certain cells. A new study published in mSystems found that this chemical could be playing a role in causing different bacteria groups in children of normal weight than those who were overweight. "We found that the gut microbial community responds differently to BPA exposure depending on the BMI (body-mass index) of the individual," [said] microbiologist Margarita Aguilera of the University of Granada. "[Those connections] underscore the intricate interplay between gut microbiota and potential human pathophysiology resulting from cumulative BPA exposure." Researchers ... found overall that there were more unique bacteria groups in the children of a normal weight. This strongly suggests that the bacteria in those children may be able to fight off harmful chemicals like BPA. This study, and future studies into the effects of BPA, "could point to future interventions and policy changes that may reduce the risk of childhood obesity worldwide," Aguilera said.

Note: For more along these lines, see concise summaries of deeply revealing news articles on health and corporate corruption from reliable major media sources.

Ultra-processed foods are industrially formulated with added sugar, artificial sweeteners, additives and flavorings to be highly rewarding and even addictive. They can alter the brain's reward pathways the same way that other addictive substances do, making them challenging to consume in moderation. In fact, a body of scientific research has emerged in recent years to show that some ultra-processed foods (UPFs) can be as addictive as cigarettes and cocaine. Several major food brands were once owned by the world's largest tobacco companies. Evidence suggests the same tactics used to formulate and market cigarettes were used in the creation of food products. Manufacturers of ultra-processed foods often seek to find ... "the bliss point," a term coined by American market researcher and food scientist Howard Moskowitz in the 1990s. The bliss point triggers dopamine – a neurotransmitter in the brain that is responsible for feelings of pleasure and well-being – to spike, then crash. This brings about good feelings, then bad feelings, and generates the craving to feel good once more. Food companies not only research taste, but also consumers' responses to color, smell, and "mouth feel" of products. "Measured in milliseconds, and the power to addict, nothing is faster than processed food in rousing the brain." "Ultraprocessed foods … were consistently more associated with [the Yale Food Addiction Scale] indicators than were naturally occurring, minimally processed foods," according to the study ... Is Food Addictive, republished in 2021 in the Annual Review of Nutrition. About 57% of the calories American adults consume comes from UPFs. That percentage rises to 67% in American children. The food industry spends about $14 billion annually on advertising, with 80% of that devoted to highly processed foods.

Note: Eating junk food is more deadly than smoking and is linked to $50 billion in US health care costs due to how harmful it is on our bodies. Meanwhile, the NIH invests very little funding into nutrition studies and students in medical schools spend less than 1 percent of their education learning about diet. Read our latest Substack article on how the US government turns a blind eye to the corporate cartels fueling America's health crisis.

Government officials covered up the origins of COVID-19 and "forced" the vaccination of millions of people worldwide to "protect the integrity of the bioweapons industry," according to a senior research scientist [at] Yale University. Harvey Risch, M.D., Ph.D. ... provided compelling testimony on what he believes accounts for the "crushingly obsessive push to COVID-vaccinate every living person on the planet." Risch was among the medical experts ... who participated in Monday's Senate roundtable discussion on "Federal Health Agencies and the COVID Cartel: What Are They Hiding?" Risch highlighted circumstantial evidence that COVID-19 "leaked from the Wuhan Institute of Virology" (WIV) in China in fall 2019. There is evidence the virus contains a unique genetic sequence "that also exists in Moderna patents from 2017," while intelligence has "overwhelmingly" indicated the WIV as the source of the virus. According to Risch, "This work and the WIV leak was what I consider to be the fruit of our bioweapons industry that has been performing secretive and nefarious biological weapons development for the last 70 years." Risch said that much of this research was banned in 1975, with the enactment of the United Nations Biological Weapons Convention, which prohibited the development of offensive bioweapons. However, a carve-out in the treaty allows "small quantities of offensive bioweapons ... to be developed in order to do research on vaccine countermeasures."

Note: For more along these lines, see concise summaries of deeply revealing news articles on COVID and government corruption from reliable major media sources.

The Los Angeles County coastline is renowned for its stunning views and famous beaches. But move into deeper waters and another legacy comes into view: industrial waste dumped on a scale we're just beginning to understand. Using a deep-sea robot, UC Santa Barbara scientists discovered an eerie graveyard of leaking barrels in 2020, spread out on the seafloor near Santa Catalina Island. DDT, a powerful pesticide that was banned 50 years ago, was found in high concentrations near the barrels, leading scientists to suspect they were full of it. (Scientists later discovered that companies didn't even bother putting DDT in barrels – they dumped it directly into the sea.) The barrels may actually contain low-level radioactive waste. "From the 1940s through the 1960s, it was not uncommon for local hospitals, labs and other industrial operations to dispose barrels of tritium, carbon-14 and other low-level radioactive waste at sea," [Rosanna Xia] reported. That was a key finding in a new study. Researchers found clues while reviewing hundreds of pages of records, which indicated that a company tasked with pouring the DDT waste off the L.A. coast had also dumped low-level radioactive waste. The radioactive waste sitting down there is unequivocally terrible, but the "concerning concentrations" of DDT in the deep ocean are worse. Researchers have found high levels of DDT across an area of seafloor larger than the entire city of San Francisco.

Note: For more along these lines, see concise summaries of deeply revealing news articles on toxic chemicals from reliable major media sources.

The disastrous situation at the US-Mexico border is, and has been, intentionally produced. Illegal crossings have risen to unprecedented levels. There is a bipartisan consensus about what must be done. Tellingly, the same "solution" is also being quietly rolled out at all American ports of entry that are not currently being "overrun", such as airports. That solution, of course, is biometric surveillance, enabled by AI, facial recognition/biometrics and autonomous devices. This "solution" is not just being implemented throughout the United States as an alleged means of thwarting migrants, it is also being rapidly implemented throughout the world in apparent lockstep. Global policy agendas, ratified by nearly every country in the world ... seek both to restrict the extent of people's freedom of movement and to surveil people's movements ... through the global implementation of digital identity. The defense tech firm Anduril ... is one of the main beneficiaries of government contracts to build autonomous surveillance towers along the US-Mexico border, which are now also being rolled out along the US-Canada border. Anduril will create "a digital wall that is not a barrier so much as a web of all-seeing eyes, with intelligence to know what it sees." While Anduril is one of the main companies building the "virtual wall," they are not alone. General Dynamics, a defense firm deeply connected to organized crime, espionage scandals and corruption, has developed several hundred remote video surveillance systems (RVSS) towers for CBP while Google, another Big Tech firm with CIA connections, has been tapped by CBP to have its AI used in conjunction with Anduril's towers, which also utilize Anduril's own AI operating system known as Lattice.

Note: For more along these lines, see concise summaries of deeply revealing news articles on government corruption and the disappearance of privacy from reliable major media sources.

A new EWG peer-reviewed study has found chlormequat, a little-known pesticide, in four out of five, or 80 percent, of people tested. The groundbreaking analysis of chlormequat in the bodies of people in the U.S. rings alarm bells, because the chemical is linked to reproductive and developmental problems in animal studies, suggesting the potential for similar harm to humans. EWG's research, published February 15 in the Journal of Exposure Science and Environmental Epidemiology, tested for the presence of chlormequat in urine collected from 96 people between 2017 and 2023. The chemical was found in the urine of 77 of them. We detected the chemical in 92 percent of oat-based foods purchased in May 2023, including Quaker Oats and Cheerios. The fact that so many people are exposed raises concerns about its potential impact on public health, since animal studies link chlormequat to reduced fertility, harm to the reproductive system and altered fetal growth. Environmental Protection Agency regulations allow the chemical to be used on ornamental plants only – not food crops – grown in the U.S. But its use is permitted on imported oats and other foods sold here. Many oats and oat products consumed in the U.S. come from Canada. Chlormequat was not allowed on oats sold in the U.S. before 2018, when the Trump EPA gave first-time approval for some amount of the chemical on imported oats. The same administration in 2020 increased the allowable level.

Note: For more along these lines, see concise summaries of deeply revealing news articles on health and food system corruption from reliable major media sources.

Plastic producers have known for more than 30 years that recycling is not an economically or technically feasible plastic waste management solution. That has not stopped them from promoting it, according to a new report. "The companies lied," said Richard Wiles, president of fossil-fuel accountability advocacy group the Center for Climate Integrity (CCI), which published the report. "It's time to hold them accountable for the damage they've caused." Plastic, which is made from oil and gas, is notoriously difficult to recycle. Doing so requires meticulous sorting, since most of the thousands of chemically distinct varieties of plastic cannot be recycled together. That renders an already pricey process even more expensive. Another challenge: the material degrades each time it is reused, meaning it can generally only be reused once or twice. The industry has known for decades about these existential challenges, but obscured that information in its marketing campaigns. The report does not allege that the companies broke specific laws. But Alyssa Johl, report co-author and attorney, said she suspects they violated public-nuisance, racketeering and consumer-fraud protections. The industry's misconduct continues today. Over the past several years, industry lobbying groups have promoted so-called chemical recycling, which breaks plastic polymers down into tiny molecules. But the process creates pollution and is even more energy intensive than traditional plastic recycling.

Note: For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption from reliable major media sources.

The Environmental Protection Agency must ban the toxic weedkiller paraquat – a step more than 60 other countries have taken because of its threats to human health. Paraquat has been linked to Parkinson's disease, non-Hodgkin lymphoma, childhood leukemia and more. While the EPA says paraquat is too toxic for use on U.S. golf courses, it still allows use of the herbicide on farms. This threatens the health of the people who apply it, other farmworkers and those who live or work near crop fields where it's used. More than 10 million pounds of paraquat were sprayed in 2018 alone, twice as much as has been sprayed since 2014. While much of the paraquat applied winds up in the soil for years, the chemical can also drift through the air or linger in dust. Syngenta makes paraquat in China and the United Kingdom. The Swiss-based company, which was acquired by a Chinese state-owned chemical conglomerate, has long understood the chemical's health risks. But it spent decades hiding this knowledge from the public and the EPA. Ironically, Chinese, U.K. and Swiss farmers are prohibited by their respective governments from using paraquat due to potential health risks from exposure. But the weedkiller isn't prohibited in the U.S. Ingesting even tiny amounts of paraquat can be lethal. Recently, findings from researchers at UCLA show paraquat sprayed within 500 meters ... of where people lived and worked could more than double a person's odds of developing Parkinson's.

Note: Read more about the dangers of paraquat. For more along these lines, see concise summaries of deeply revealing news articles on health from reliable major media sources.

Erik Prince has been many things in his 54 years on Earth: the wealthy heir to an auto supply company; a Navy SEAL; the founder of the mercenary firm Blackwater, which conducted a notorious 2007 massacre in the middle of Baghdad. Last November, Prince started a podcast called "Off Leash," which in its promotional copy says he "brings a unique and invaluable perspective to today's increasingly volatile world." On an episode last Tuesday, [he said] that the U.S. should "put the imperial hat back on" and take over and directly run huge swaths of the globe. Here's are Prince's exact words: "If so many of these countries around the world are incapable of governing themselves, it's time for us to just put the imperial hat back on, to say, we're going to govern those countries ... 'cause enough is enough, we're done being invaded. You can say that about pretty much all of Africa, they're incapable of governing themselves." Prince's co-host Mark Serrano then warned him that listeners might hear his words and believe he means them: "People on the left are going to watch this," said Serrano, "and they're going to say, wait a minute, Erik Prince is talking about being a colonialist again." Prince responded: "Absolutely, yes." He then added that he thought this was a great concept not just for Africa but also for Latin America. Previous bouts of the European flavor of colonialism led to the deaths of tens of millions of people around the world.

Note: Erik Prince's Blackwater served as a "virtual extension of the CIA." Learn more about how war is a tool for hidden agendas in our comprehensive Military-Intelligence Corruption Information Center.

A US court this week banned three weedkillers widely used in American agriculture, finding that the Environmental Protection Agency (EPA) broke the law in allowing them to be on the market. The ruling is specific to three dicamba-based weedkillers manufactured by Bayer, BASF and Syngenta, which have been blamed for millions of acres of crop damage and harm to endangered species and natural areas across the midwest and south. Discovery documents turned up in the litigation showed the companies knew that their dicamba weedkillers would probably lead to off-target crop damage. This is the second time a federal court has banned these weedkillers since they were introduced for the 2017 growing season. In 2020, the ninth circuit court of appeals issued its own ban, but months later the Trump administration reapproved the weedkilling products. But a federal judge in Arizona ruled on Monday that the EPA made a crucial error in reapproving dicamba, finding the agency did not post it for public notice and comment as required by law. US district judge David Bury wrote ... that it was a "very serious" violation and that if EPA had done a full analysis, it probably would not have made the same decision. Bury wrote that the EPA did not allow many people who are deeply affected by the weedkiller – including specialty farmers, conservation groups and more – to comment. "The evidence has shown that dicamba cannot be used without causing massive and unprecedented harm to farms as well as endangering plants and pollinators," said George Kimbrell [with] the Center for Food Safety, which litigated the case.

Note: For more along these lines, see concise summaries of deeply revealing news articles on health and government corruption from reliable major media sources.

The National Science Foundation spent millions of taxpayer dollars developing censorship tools powered by artificial intelligence that Big Tech could use "to counter misinformation online" and "advance state-of-the-art misinformation research." House investigators on the Judiciary Committee and Select Committee on the Weaponization of Government said the NSF awarded nearly $40 million ... to develop AI tools that could censor information far faster and at a much greater scale than human beings. The University of Michigan, for instance, was awarded $750,000 from NSF to develop its WiseDex artificial intelligence tool to help Big Tech outsource the "responsibility of censorship" on social media. The release of [an] interim report follows new revelations that the Biden White House pressured Amazon to censor books about the COVID-19 vaccine and comes months after court documents revealed White House officials leaned on Twitter, Facebook, YouTube and other sites to remove posts and ban users whose content they opposed, even threatening the social media platforms with federal action. House investigators say the NSF project is potentially more dangerous because of the scale and speed of censorship that artificial intelligence could enable. "AI-driven tools can monitor online speech at a scale that would far outmatch even the largest team of 'disinformation' bureaucrats and researchers," House investigators wrote in the interim report.

Note: For more along these lines, see concise summaries of deeply revealing news articles on AI and censorship from reliable sources.

Our new report for the Groundwork Collaborative finds that corporate profits accounted for more than half – 53 percent – of inflation from April to September 2023. That's an astronomical percentage. Corporate profits drove just 11 percent of price growth in the four decades prior to the pandemic. Businesses have been quick to blame rising costs on supply chain shocks from the pandemic and the war in Ukraine. But two years later, our economy has mostly returned to normal. In some cases, companies' costs to make things and stock shelves have actually decreased. A recent survey from the Richmond Fed and Duke University revealed that 60 percent of companies plan to hike prices this year by more than they did before the pandemic, even though their costs have moderated. Corporations across industries, from housing to groceries and used cars, are juicing their profit margins even as the cost of doing business goes down. Since the summer of 2021, Groundwork began listening in on hundreds of corporate earnings calls where we heard CEO after CEO boasting about their ability to raise prices on consumers. Now we hear something slightly different: CEOs crowing about keeping their prices high while their costs go down. PepsiCo raised its prices on snacks and beverages by roughly 15 percent twice in the last year while bragging to shareholders that their profit margins will grow as input costs come down.

Note: For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption from reliable major media sources.

Axon, maker of Tasers and police body cameras, has acquired a surveillance company that allows police to tap into camera networks in schools, retail stores, and other locations in cities and towns across America and apply AI technology to the footage. Axon acquired Fusus for an undisclosed sum. Fusus operates what it calls "real time crime centers (RTCC)" which allow police and other public agencies to analyze a wide array of video sources at a single point and apply AI that detects objects and people. These centers are reminiscent of the Department of Homeland Security's Fusion Centers–where intelligence from a diverse number of sources is collected and shared among agencies–and have already expanded to over 250 cities and counties. Last week, Axon announced a new line of cameras called Axon Body Workforce designed to be worn by workers in retail and in healthcare. Despite pushing the cameras as deterrents, data shows no evidence that they've been effective in reducing police violence or increasing transparency. The rise of Fusus is concerning to rights groups like the Electronic Frontier Foundation, which has raised alarm over the expansion of law enforcement's ability to easily surveil Americans. Notably, the concept behind Fusus' solution is similar to technology that has been deployed in South Africa for years, and which experts have said exacerbates inequality in the country.

Note: Axon has ties to paid experts who are used to exonerate police after deaths in custody. For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption and the disappearance of privacy from reliable major media sources.

An advertising agency that helped market the blockbuster painkiller OxyContin will pay $350 million to states ravaged by the nation's opioid crisis. Attorneys general from multiple states alleged that Publicis Health developed "unfair and deceptive" marketing campaigns aimed at persuading doctors to prescribe the addictive drug for longer periods of time and at higher doses. The company's client was Purdue Pharma, the Connecticut drugmaker accused in lawsuits of helping ignite the epidemic through aggressive marketing and sales of OxyContin. Publicis, a subsidiary of French ad giant Publicis Groupe, settled with 50 states and D.C. Under the agreements, Publicis Health will stop accepting work related to prescription opioids and must release thousands of internal documents chronicling its dealings with companies such as Purdue. It is the first settlement with an advertising agency connected to the opioid crisis, according to the New York attorney general's office. "Publicis was responsible for creating advertisements and materials, such as pamphlets and brochures that promoted OxyContin as safe and unable to be abused, even though this claim was not true," according to a news release from the office of New York Attorney General Letitia James. Drug overdoses killed nearly 110,000 people in the United States in 2022, a record high, according to federal death statistics.

Note: For more along these lines, see concise summaries of deeply revealing news articles on Big Pharma corruption from reliable major media sources.

Unmarked trucks packed with prison-raised cattle roll out of the Louisiana State Penitentiary, where men are sentenced to hard labor and forced to work, for pennies an hour or sometimes nothing at all. They are among America's most vulnerable laborers. If they refuse to work, some can jeopardize their chances of parole or face punishment like being sent to solitary confinement. The goods ... prisoners produce wind up in the supply chains of a dizzying array of products found in most American kitchens, from Frosted Flakes cereal and Ball Park hot dogs to Gold Medal flour, Coca-Cola and Riceland rice. They are on the shelves of virtually every supermarket in the country, including Kroger, Target, Aldi and Whole Foods. It's completely legal. Enshrined in the Constitution by the 13th Amendment, slavery and involuntary servitude are banned – except as punishment for a crime. With about 2 million people locked up, U.S. prison labor from all sectors has morphed into a multibillion-dollar empire. Almost all of the country's state and federal adult prisons have some sort of work program, employing around 800,000 people. Altogether, labor tied specifically to goods and services produced through state prison industries brought in more than $2 billion in 2021. "Slavery has not been abolished," said Curtis Davis, who spent more than 25 years at [Louisiana's Angola] penitentiary. "It is still operating in present tense," he said. "Nothing has changed."

Note: For more along these lines, see concise summaries of deeply revealing news articles on corruption in prisons and in the food system from reliable major media sources.

Justice Department investigators are scrutinizing the healthcare industry's use of AI embedded in patient records that prompts doctors to recommend treatments. Prosecutors have started subpoenaing pharmaceuticals and digital health companies to learn more about generative technology's role in facilitating anti-kickback and false claims violations, said three sources familiar with the matter.. Two of the sources–speaking anonymously to discuss ongoing investigations–said DOJ attorneys are asking general questions suggesting they still may be formulating a strategy. "I have seen" civil investigative demands "that ask questions about algorithms and prompts that are being built into EMR systems that may be resulting in care that is either in excess of what would have otherwise been rendered, or may be medically unnecessary," said Jaime Jones, who co-leads the healthcare practice at Sidley Austin. DOJ attorneys want "to see what the result is of those tools being built into the system." The probes bring fresh relevance to a pair of 2020 criminal settlements with Purdue Pharma and its digital records contractor, Practice Fusion, over their collusion to design automated pop-up alerts pushing doctors to prescribe addictive painkillers. The kickback scheme ... led to a $145 million penalty for Practice Fusion. Marketers from Purdue ... worked in tandem with Practice Fusion to build clinical decision alerts relying on algorithms.

Note: Read how the US opioid industry operated like a drug cartel. For more along these lines, see concise summaries of deeply revealing news articles on AI and Big Pharma corruption from reliable major media sources.

When Rafael Correa entered Ecuador's presidency in 2007, the nation faced an opportunity and a challenge. Ecuador's economy depended on oil, and global crude prices were near a record high. Much of the oil was extracted by foreign companies ... as prices surged more wealth began flowing overseas. Soon after taking office, Correa increased a recently enacted windfall tax on oil companies. The idea was to use the tax as leverage to extract better terms from the companies. Within months, two oil companies working as partners–the independent Anglo-French firm Perenco and Burlington Resources, a subsidiary of ConocoPhillips–ceased paying the tax and sued the government through a system of international tribunals known as investor state dispute settlements, or ISDS. The system allows foreign investors to sue governments before tribunals outside the jurisdiction of national courts. Perenco and Burlington [convinced] arbitrators in two separate tribunals to award the companies more than $800 million. Critics say the ISDS system gives corporations an exclusive, parallel justice system that elevates foreign interests above human rights and environmental concerns. The vast majority of cases have been brought by companies based in North America or Europe against governments in Latin America, Africa and Asia, prompting many critics to liken the ISDS system to a form of market-based colonialism that continues to extract wealth from the Global South.

Note: According to the analysis in the article, fossil fuel companies and investors filed one in five of 1,720 claims since the 1970s, and "have been awarded at least $82.8 billion in compensation from governments." For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption and income inequality from reliable major media sources.

Important Note: Explore our full index to key excerpts of revealing major media news articles on several dozen engaging topics. And don't miss amazing excerpts from 20 of the most revealing news articles ever published.