“Frankenfoods” Gain Greater Acceptance as Food Prices Skyrocket
Money Morning (June 23rd, 2008) Writes:
By Jason Simpkins
Associate Editor
For more than a decade, European policymakers have spurned genetically modified crops, but these so-called Frankenfoods are beginning to look more and more appetizing in the wake of food shortages and soaring prices.
Only 21% of Europeans are willing to eat genetically engineered food, according to a survey by the European Commission. Some nations, such as France, have banned the planting of genetically modified crops, while others like Germany have enacted laws that allowed foods to be labeled as “GM free.”
Critics insist that such foods could pose risks to health and the environment, and further assert that genetically modified crops produce better yields.
“Most testing is carried out by the very biotech companies that have the most to gain from results that say GM food is safe,” the activist group Friends of the Earth says on its Web ...
Tags for this Post:
Associate Editor, Biotech, biotech, Crops, Current Market News, Decade, Europe, Food Prices, Frankenfoods, global economy, Investors Profit, Money Moves, Policymakers, Seismic Shift, Simpkins, Stocks to Watch
Associate Editor, Biotech, biotech, Crops, Current Market News, Decade, Europe, Food Prices, Frankenfoods, global economy, Investors Profit, Money Moves, Policymakers, Seismic Shift, Simpkins, Stocks to Watch


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