Hungary Throws Out Monsanto AND IMF, USA Threatens Retaliation

But U.S. Pledges to Beat Up Rest of World Who Dares Defy Monsanto-

In an effort to rid the country of Monsanto’s GMO products, Hungary has stepped up the pace. This looks like its going to be another slap in the face for Monsanto. A new regulation was introduced this March which stipulates that seeds are supposed to be checked for GMO before they are introduced to the market. Unfortunately, some GMO seeds made it to the farmers without them knowing it.

Almost 1000 acres of maize found to have been grown with genetically modified seeds have been destroyed throughout Hungary deputy state secretary of the Ministry of Rural Development Lajos Bognar said. The GMO maize has been ploughed under, said Lajos Bognar, but pollen has not spread from the maize, he added.

Unlike several EU members, GMO seeds are banned in Hungary. The checks will continue despite the fact that seed traders are obliged to make sure that their products are GMO free, Bognar said. During their investigation, controllers have found Pioneer and Monsanto products among the seeds planted.

US to Start ‘Trade Wars’ with Nations Opposed to Monsanto, GMO Crops

The United States is threatening nations who oppose Monsanto’s genetically modified (GM) crops with military-style trade wars, according to information obtained and released by the organization WikiLeaks. Nations like France, which have moved to ban one of Monsanto’s GM corn varieties, were requested to be ‘penalized’ by the United States for opposing Monsanto and genetically modified foods. The information reveals just how deep Monsanto’s roots have penetrated key positions within the United States government, with the cables reporting that many U.S. diplomats work directly for Monsanto. [..]

Perhaps the most shocking piece of information exposed by the cables is the fact that these U.S. diplomats are actually working directly for biotech corporations like Monsanto. The cables also highlight the relationship between the U.S. and Spain in their conquest to persuade other nations to allow for the expansion of GMO crops. Not only did the Spanish government secretly correspond with the U.S. government on the subject, but the U.S. government actually knew beforehand how Spain would vote before the Spanish biotech commission reported their decision regarding GMO crops.

Hungary PM rejects IMF/EU terms, hopes fade for deal

Hungary threw hopes for a new loan to prop up its sagging economy into disarray on Thursday as Hungarian Prime Minister Viktor Orban rejected what he called unacceptable IMF conditions, crushing prospects for a fast agreement. Orban, in a video posted on his Facebook page, cited demands from the International Monetary Fund (IMF) for a raft of changes that he said were too high a price for Hungary to pay.

“From cutting pensions to reducing bureaucracy to scrapping the bank tax and the funds to be made available to banks, everything is in there that’s not in Hungary’s interest,” Orban said. “The parliamentary group meeting (of the ruling Fidesz party) took the view, and I personally agree with it, that at this price, this will not work,” he added. [..]

To reverse that momentum, Orban is pushing a 300 billion forint ($1.33 billion) job saving plan, partly funded by a new tax on central bank operations, a key sticking point in the IMF talks, which the European Central Bank has also criticised. [..]

“Junk”-rated Hungary faces a repayment hump in the next five quarters, with the equivalent of €4.6 billion euros falling due from its previous IMF/EU bailout alone.

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One Response to Hungary Throws Out Monsanto AND IMF, USA Threatens Retaliation

  1. Atziry says:

    Great article! Thanks for snrhiag. There are so many things we do not know. We need to get educated. I hope they reach their goal. I have already contribute. Best of luck!

    Like

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