Australia

ANZ bank issued rare rebuke by Australian oversight body

ANZ Banking Group violated its own policies and international human rights standards by financing a Cambodian sugar company that seized land from local farmers, according to a statement released today by an Australian government body that monitors corporate behavior overseas. In a rare rebuke of a commercial bank, the Australian National Contact Point found it “difficult to reconcile” ANZ’s decision to finance Phnom Penh Sugar with the bank’s internal rules and the OECD Guidelines, an ethical business code that the Australian government has endorsed.  

ANZ Banking Group violated its own policies and international human rights standards by financing a Cambodian sugar company that seized land from local farmers, according to a statement released today by an Australian government body that monitors corporate behavior overseas. In a rare rebuke of a commercial bank, the Australian National Contact Point found it “difficult to reconcile” ANZ’s decision to finance Phnom Penh Sugar with the bank’s internal rules and the OECD Guidelines, an ethical business code that the Australian government has endorsed.  

Canada - A strange permit for GMO golden rice

In March 2018, the Canadian Ministry of Health authorized the marketing of the controversial Golden Rice, which is genetically modified to produce beta-carotene that the human body will transform into vitamin A. The International Rice Research Institute (IRRI), the source of this application, declared that this Golden Rice was not meant for sale in Canada as of now. Is this a way of encouraging Asian countries to authorize it as well?  

In March 2018, the Canadian Ministry of Health authorized the marketing of the controversial Golden Rice, which is genetically modified to produce beta-carotene that the human body will transform into vitamin A. The International Rice Research Institute (IRRI), the source of this application, declared that this Golden Rice was not meant for sale in Canada as of now. Is this a way of encouraging Asian countries to authorize it as well?  

The real cattle class: cows fly to China on 747s

Next time you’re stuck on a long-haul flight in a packed, economy-class cabin, being ignored by a frazzled flight attendant, spare a thought for the passengers on a recent flight from Melbourne to Chongqing in China. They were cows. Destination: the abattoir.

Next time you’re stuck on a long-haul flight in a packed, economy-class cabin, being ignored by a frazzled flight attendant, spare a thought for the passengers on a recent flight from Melbourne to Chongqing in China. They were cows. Destination: the abattoir.