Word: billioned
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...resulting in 5,000 deaths and 325,000 hospitalizations each year, according to the Centers for Disease Control and Prevention (CDC). When tallied up, the consequences of foodborne illness - including doctor visits, medication, lost work days and pain and suffering - cost the U.S. an estimated $152 billion annually. That figure was reported on Wednesday in a new study by the Produce Safety Project, an initiative of the Pew Charitable Trust...
Previous reports have pegged the total cost of foodborne illness at between $6.9 billion and $35 billion, based on past estimates by the U.S. Department of Agriculture (USDA) and Food and Drug Administration (FDA). But those numbers are almost surely based on serious undercounting. Most cases of foodborne illness are never officially reported - for every one case of E. coli that goes into the books, another 20 are undocumented. What's more, the FDA and USDA focus on just a handful of reportable pathogens: E. coli, campylobacter, salmonella and listeria, which excludes the many cases of food poisoning for which...
...change. Late last year, the Committee on Health, Education Labor and Pensions unanimously approved the FDA Food Safety Modernization Act, which is currently in front of the Senate. "It's our job to go to war against foodborne illness," says DeLauro. "We can't afford to wait." At $152 billion a year, the meter is running...
...Ultimate Fighting, run professionally by Ultimate Fighting Championships programming, had the highest ratings for males aged 18-34 on its cable network affiliate. Although the current owners of this mixed martial arts league bought the company for $2 million, Forbes Magazine now rates the company at just over $1 billion. It is not the rise in the popularity of this brutal “sport” that is so shocking; rather, it is the shift in the nature of spectator sports in general that UFC signals that makes this new phenomenon so notable...
...That goes for military deals. On Monday, Sarkozy confirmed that France was negotiating with Russia over the sale of four Mistral-class assault ships worth a total of about $2 billion - the first deal of its kind between a NATO member and Moscow. It's turning heads for other reasons too. A Russian admiral recently said the amphibious vessels - which can carry 15 helicopters or 70 armored vehicles - would have allowed Russia to complete its August 2008 invasion of Georgia in a matter of hours. Little wonder, then, that the deal has prompted deep concern among American defense officials...