Published on December 17th 2012
By Barbara Van Haute
Editorial Note: Of all the nations experiencing traumatic economic difficulties during the course of the current Great Recession, Greece has suffered the most adverse consequences. The country’s five year economic problems have been longer and deeper than that of any developed country. In fact, Greece has gone through a catastrophic depression otherwise unknown in the West.
The standard of living has dropped drastically; unemployment has reached 26%; the debt to GDP ratio is over 180%; the country’s “fiscal cliff” is looming bankruptcy; social spending and the “safety net” have been eviscerated; while demonstrations and riots target both domestic debt reduction measures and the financial institutions of the European Union power brokers. In response, the European Union Συνέχεια
LARGO, FL — In a shocking decision delivered Feb 28th, President Obama’s Security and Exchange Commission ruled that PepsiCo’s use of aborted fetal remains in their research and development agreement with Senomyx to produce flavor enhancers falls under «ordinary business operations.»
The letter signed by Attorney Brian Pitko of the SEC Office of Chief Counsel was sent in response to a 36-page document submitted by PepsiCo attorneys in January, 2012. In that filing, PepsiCo pleaded with the SEC to reject the Shareholder’s Resolution filed in October 2011 that the company «adopt a corporate policy that recognizes human rights and employs ethical standards which do not involve using the remains of aborted human beings in both private and collaborative research and development agreements.»
PepsiCo lead attorney George A. Schieren noted that the resolution should be excluded because it «deals Συνέχεια
National Post · Dec. 23, 2011