meat
Washington (AFP) - President Joe Biden offered independent US farmers $1 billion in aid Monday as part of a battle against meatpacking giants he accuses of building monopolies to squeeze out smaller competitors. "We're here to talk about strengthening competition, which will bring down costs," Biden told a virtual meeting of independent farmers and meat producers. Calling the meat industry a "textbook example" of too much market power in the hands of a few, Biden said that "four big corporations control more than half the markets in beef, pork and poultry." "Capitalism without competition isn'...
AFP
New York (AFP) - An American subsidiary of Brazilian meat processor JBS told the US government that it has received a ransom demand in a cyberattack it believes originated in Russia, forcing some plants to cut production. JBS received the demand from "a criminal organization likely based in Russia" following the attack that has affected its operations in Australia and North America, White House spokeswoman Karine Jean-Pierre said on Tuesday. The White House statement comes as yet another major US sector finds its operations under duress less than a month after a cyberattack temporarily shut do...
AFP
Washington (AFP) - The American subsidiary of the world's largest meat processing companies said Monday it had been hacked, paralyzing some of its operations and impacting thousands of workers in Australia. The intrusion was detected Sunday, forcing one of the leading producers of beef and pork in the United States to suspend affected systems, and call in its IT staff and third-party experts to deal with the breach. "JBS USA determined that it was the target of an organized cybersecurity attack, affecting some of the servers supporting its North American and Australian IT systems," the unit sa...
AFP
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