The Monsanto company name has become so strongly associated with being an enemy of nature that a tribunal in The Hague once called for a law making “ecocide” a crime.
Widely used Monsanto weed-killer Roundup is in the cross-hairs of a first-of-its-kind civil lawsuit in the United States, where jurors will be asked to decide whether it gave a school groundskeeper terminal cancer.
Monsanto’s controversial chemical legacy came with the deal when the company was recently acquired by Germany-based Bayer for more than $62 billion.
Founded in 1901 in St. Louis, Missouri, Monsanto early on made the artificial sweetener saccharin. The company began producing agrochemicals in the 1940s.
Monsanto was one of the companies which produced a defoliant dubbed “Agent Orange,” which has been linked to cancer and other diseases, for use by US forces in Vietnam but denies responsibility for how the military used it. The company also made insecticide DDT.
After it was introduced in the United States as Roundup in the mid-1970s, the use of the glyphosate — which is sprayed on food crops but also widely used outside of agriculture, such as on public lawns and in forestry — soared across the globe. The company began genetically modifying plants, making some resistant to Roundup.
There was a dramatic jump after the introduction in 1996 of genetically engineered “Roundup Ready” crops, such as soybean and maize, that survive glyphosate while it kills weeds.
Glyphosate is the most widely used herbicide in the world, produced by an array of companies since Monsanto’s exclusive patent expired in the year 2000.
It is the subject of conflicting scientific studies as to whether it causes cancer.
The herbicide has been accused of damaging the environment, contributing to the disappearance of bees and being an endocrine disruptor. The chemical has also been used as a pesticide for decades, according to the US Environmental Protection Agency website.
Bayer announced in June that it would get rid of the Monsanto company name after the merger, while brand names on products would remain.
The San Francisco trial of Roundup and its possible carcinogenic effects is the first litigation of its kind against the company to make it to trial. In 2012, Monsanto negotiated a $93 million settlement to settle a case with the West Virginia town of Nitro, where a plant making a main Agent Orange ingredient once operated.
The municipality accused the plant of being behind health problems faced by people in the community.
A French court in 2012 found Monsanto to be liable in the case of a farmer who said he suffered neurological problems after inhaling the company’s Lasso weed killer.
Monsanto has appealed the finding on points of law.
Meanwhile, Monsanto’s genetically modified seeds have triggered concerns and legal challenges in Europe and the United States.
Last year, a citizen court consisting of panel of professional judges in The Hague (Netherlands) found Monsanto guilty at a mock trial of human rights violations for harm caused by chemicals.
What became referred to as the “Monsanto Tribunal,” in a purely advisory opinion, called for stronger laws protecting people and the environment from corporations, and a prosecutable crime of “ecocide.”
Monsanto has always denied any link between disease and glyphosate, a substance classified as carcinogenic in the US state of California.
Monsanto now employs 20,000 people around the world and generates $15 billion in annual revenue. – Courtesy AFP
Diamer, Mohmand dams to begin this year, WAPDA tells PM Mulk
Chairman Water and Power Development Authority (Wapda) Chairman Muzammil Hussain has said that the construction work on Diamer-Basha and Mohmand dams would begin during the current fiscal year.
He was briefing Prime Minister Nasir-ul-Mulk on the water and hydropower projects in the country.
Mr Mulk was informed that the Daimer-Basha dam is located on Indus River, about 315km upstream of Tarbela dam, 165km downstream of Gilgit and 40km downstream ofChilas. The dam has a gross water storage capacity of 8.1 million acre-feet of water with power generation capacity of 4500MW.
According to Wapda, evaluation of `expression of interest` documents received last year for six joint ventures from international and national consulting firms were under process. The project is expected to be completed by 2020 at an estimated cost of Rs894,257m, including foreign exchange component of Rs312,943m.
The Mohmand Dam hydropower project will have the capacity to store 1.2m acres feet of water and generate 800MW. It is proposed to be constructed on Swat River about 5km upstream Munda Headworks in Mohmand Agency.
The prime minister was further informed about Wapda`s hydropower projects including the 1410MW Tarbela Fifth Extension, the 2160MW-Stage II of Dasu, the 7100MW-Bunji and the Stage II of multipurpose Kurram Tangi Dam among the ready-for-construction projects.
Dilating upon the effort s made by Wapda to meet the increasing requirements of water and electricity, the chairman said that his organisation completed four mega projects from August 2017 onwards to irrigate 72, 000 acres of virgin land in Dera Bugti, Balochistan and add 2487MW of hydel electricity to the national grid.
These projects included the first phase of Kachhi Canal, Golen Gol, Tarbela Fourth Extension and Neelum Jhelum Hydropower project. Stage-I of Kurram Tangi Dam Project will be completed in 2020, while the 2160 MW Stage II of Dasu Hydropower Project is scheduled to start electricity generation by 2023.
Mr Mulk expressed satisfaction over the measures being taken by Wapda for implementation of its projects
SBP, PPAF to develop microfinance industry
Tariq Bajwa, governor of State Bank of Pakistan (SBP) has said that central bank is working with Pakistan Poverty Alleviation Fund (PPAF) to lead the sustainable development of microfinance industry in the country.
“This is based on a shared vision to promote inclusive growth by creating livelihood opportunities for low-income segments thus enabling them to contribute effectively towards socioeconomic development of their households, communities and of course of Pakistan,” said governor SBP while addressing the Citi – PPAF Microentrepreneurship Awards (CMA) ceremony.
He congratulated PPAF and the Citi Foundation for their continued support to address the multidimensional issues of poverty in the marginalized segments of the society.
Qazi Azmat Isa, CEO of PPAF, said: “Since 2005, we have recognised 450 outstanding microentrepreneurs through the Citi-PPAF Microentrepreneurship Awards. These microentrepreneurs are chosen for their exceptional perseverance and hard work. With microcredit, they have changed their own lives and contributed to the development of their communities. The Citi Microentrepreneurship Awards programme is a fantastic way to highlight best practices in micro-entrepreneurship and to raise awareness about microfinance and its importance for a thriving economy.”
Tharis to become Android App developers
Tharis-Ms Sindhu Mukesh Kumar has joined Sindh Engro Coal Mining Company (SECMC) as Admin Coordinator at Islamkot site office.
A young mother of two kids, Sindhu along with her family responsibilities is determined to grow in her professional career. She has done graduation in Commerce from Karachi University.
Previously, she has served in Pakistan Red Crescent Society and HBL. She is a source of motivation and inspiration for Thari women. Her addition is another milestone in our journey for the empowerment of Thari women.
IT initiative
IT program of Thar Foundation has launched a new initiative.
25 young Tharis have reached Karachi to learn Android App development through an 18-months course.
Thar Foundation provides full sponsorship of this course including accommodation, food, transport and stipend.
A competent Android App developer can earn handsome income from 50 to 500 thousand rupees a month without any big investment.
We aim to mainstream Thari youth in the modern job market of information technology, says a SECMC communication — PR
FTA with China should be renegotiated: Pakistan Business Council
Hopes CPEC Special Economic Zone concessions do nothurt existing industry.Pakistan Business Council (PBC) has launched the 100day economic agenda for the upcoming government.
PBC Chief Executive Ehsan Malik said relying on short-term loans is not sustainable and an IMF programme is inevitable.
The opposition and the government must take this opportunity to work together to revive domestic manufacturing.
He said short-term solutions aim only at `managing` a crisis, whereas what the country needs is to `fix` the economy by addressing the fundamental flaws that result in us having to go to the IMF every 2-3 years.
Ehsan said the aims of reviving manufacturing are clear.
Pakistan needs 2-3 million jobs annually and the country`s exports should be of value-added products instead of commodities and we must take control and encourage import substitution. A country of over 200 million people has the scale to be competitive.
Trade agreements, exchange rates, energy cost and the bias in favour of imports which undermines local manufacturing, need to be addressed, he added.
PBC CEO said the urgent investment is required to augment water for drinking, domestic and industrial use. This need is acute in all major urban areas of the country including Karachi where solutions such as desalination need to be acted upon immediately.
He said there is a need to provide complete transparency of costs, benefits and financial flows associated with CPEC projects besides ensuring CPEC Special Economic Zone concessions do not hurt existing industry and deliver incrementally to employment, export earnings and import substitution.
Under a high level body led by the Prime Minister and with private sector representation, there is a need to conduct a comprehensive scan of key policies of all ministries which impact the economy; finance, commerce, textiles, industries, power, labour and of the provinces in taxation, education and agriculture.
He said trade agreements must seek to maximize job creation through value ad de d export s and by facilitating import of raw materials, lead to substitution of imported finished goods.
The FTA with China should be renegotiated to achieve the above objective and to stem the large trade deficit. Parity with ASEAN on Pakistani goods and encouraging more value addition in Pakistan instead of exporting finished goods would be two deliverables.
Ehsan said trade agreements with Turkey, Thailand and others should not be pursued at the expense of local jobs.
He said the task to document the economy must be accelerated through the clever use of available databases.
Tax policy making should be separated from tax collection to discourage knee-jerk short term revenue measures over a longterm growth-oriented fiscal policy.
Corporate tax rates should decline gradually to 25 per cent including all social levies. Sales tax rate of 17pc is also too high for a poorly documented economy.