[lbo-talk] monsanto cuts and runs

R rhisiart at charter.net
Wed Oct 15 20:48:58 PDT 2003


Crops giant retreats from Europe ahead of GM report By Steve Connor, Science Editor 16 October 2003

Monsanto, the huge American biotechnology company which has pioneered GM crops, is withdrawing from many of its European operations and laying off up to two thirds of its British workers.

The announcement came on the eve of the publication of the Government's GM crop trials today. They are expected to show that two out of three genetically modified crops in the tests may damage the environment. Tony Blair is thought to be in favour of GM crops, stressing the need for Britain to be in the vanguard of new industries that could be worth billions of pounds.

But ministers will be under pressure to limit, or scrap, further development of GM crops in the face of public opposition. One industry insider said the international biotechnology business was becoming disillusioned with Europe's anti-GM stance.

"If there's no market for something, you go elsewhere," he said. "The big companies are looking to China, South-east Asia and South America."

continued http://news.independent.co.uk/world/environment/story.jsp?story=453822

congratulations China, South-east Asia and South America

R

_____________________________

Quis custodiet istos custodes?

"Who will watch the watchers?" ~ "Who is to guard the guards themselves?"

-- Juvenal's Satires, VI. 347, circa 110 AD



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