(15 Nov 2018) The altering of food and animals by adding and subtracting genetic traits in a lab sounds like science fiction. Different than GMO’s, gene-edited food could be the wave of the future. (Nov. 15)
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Thousands of American farmers have lodged complaints against Monsanto and a weed killer it produces called dicamba. They claim it is volatile, and often spreads past the intended field, damaging crops not genetically modified to withstand it. So far four states have taken action to restrict or ban the pesticide.
The deal is the largest corporate takeover in almost two decades for a German company.
German pharmaceuticals giant Bayer has agreed to buy American GMO company Monsanto for $128 a share. The acquisition values Monsanto’s equity at about $56 billion, but including debt, the deal is worth nearly $66 billion.
The acquisition of the leading GMO maker will make Bayer the world’s biggest seed and pesticide producer.
Robert Verkerk and Peter Oliver talk to RT on the matter.
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