Monsanto loses major Mexico court ruling

Zaleta’s ruling was in response to a suit brought by a collective of 53 scientists and 22 civil rights organizations and NGOs.
In defending his ruling, Zaleta cited the potential risks to the environment posed by GMO corn. If the biotech industry got its way, he argued, more than 7000 years of indigenous maize cultivation in Mexico would be endangered, with the country’s 60 varieties of corn directly threatened by cross-pollination from transgenic strands. Monsanto’s response was as swift as it was brutal: not only did it – and its lackeys in the Mexican government – appeal Zaleta’s ruling, it also demanded his removal from the bench on the grounds that he had already stated his opinion on the case before sentencing.
However, Monsanto’s bullying tactics failed to impress the Mexican judges. On August 15, the court convened to review Zaleta’s alleged bias ruled against the U.S. corporation’s legal suit. Also spurned by the Mexican courts was the world’s third largest GMO seed manufacturer, Syngenta, whose reapplication for a license to run test trials of its maize crops was rejected this week by the Federal Court. http://wolfstreet.com/2014/09/01/mexican-judge-departs-from-script-turns-monsantos-mexican-dream-into-legal-nightmare/
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Looking at worldwide gold demand trends, two things are pretty clear. Asian demand is increasing and Western demand is falling.
In fact, world gold mine production (averaging about 2,800 tonnes per year over the last five years) only just manages to cover Asian demand.
140903-MM01 http://moneyweek.com/will-asias-demand-for-gold-keep-growing/

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