Jury orders Monsanto to pay $2 billion to couple

A jury on Monday ordered agribusiness giant Monsanto Co. to pay a combined $2.055 billion to a couple claiming that the company’s popular weed killer Roundup Ready caused their cancers. (May 13)

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Birth defects & cancers: Vietnam demands Monsanto pay victims of Agent Orange

Vietnam is again seeking justice for the victims of Agent Orange, inspired by the multimillion-dollar verdicts against Monsanto in California. The biotech firm had supplied the US military with the chemical during the Vietnam War.

The Vietnam Association of Victims of Agent Orange (VAVA) has written a letter to a US court asking that it restart a class-action lawsuit by Agent Orange victims against American chemical firms, including Monsanto, which the Eastern District Court of New York dismissed in 2004, claiming a ‘lack of evidence’ and asserting that ‘herbicide spraying.. did not constitute a war crime pre-1975’.

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Keiser Report: Bad Capitalists and Their Malinvestments (E1369)

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In this episode of the Keiser Report, Max and Stacy discuss how the European Central Bank’s corporate bond buying program (the Corporate Securities Purchase Program) has led to extreme malinvestment and misallocation of capital, including the ill-timed Bayer takeover of Monsanto. In the second half, Max interviews author and professor Steve Keen of Patreon.com about the unfolding property crash in Australia from which he has just returned. They also discuss the Japan-like economic future for much of the developed world as decades of stagnation await us. At least it’s not a 2008-style crash! Right?

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Jury awards $80 million in damages in Monsanto case

A U.S. jury has awarded $80 million in damages to a California man in a high-stakes trial over his claim that Monsanto’s Roundup weed killer caused his cancer. The agribusiness giant says it will appeal the decision. (March 27)

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