Within the developed world, food has never been safer, life expectancy never longer. Yet scares, recently over mad cow disease and now over genetically modified food, have pushed biotechnology high on the popular and political agendas in several countries, with accompanying regulatory battles, public showdowns and trade disputes. Public opinion appears divided, with all sides making sense and at the same time adding to the confusion. The trouble is that amid all the noise, virtually anything to do with genetic engineering , whatever the benefits, is in danger of becoming -taboo. More . . .
Growth is still generally good and fears of a recession are exaggerated.
A mild short-term dip in the U.S. is likely, but other economies, particularly in Europe, will perform well. A recession, if it comes, will be severe and global. Current results Previous results All rights reserved.