The Biden administration on Wednesday said it will impose inflation penalties on 64 prescription drugs for the third quarter of this year, lowering costs for certain older Americans enrolled in Medicare. President Joe Biden has made lowering U.S. drug prices a key pillar of his health-care agenda and reelection platform for 2024. A provision of Biden’s Inflation Reduction Act requires…
Walgreens is planning potentially sweeping store closures as it faces what its CEO called a “challenging” environment for pharmacies and U.S. consumers. The pharmacy chain on Thursday morning announced quarterly earnings that fell short of Wall Street expectations. Walgreens’ stock price dropped 22% on the day. In an interview with…
France’s snap parliamentary election is one of the most momentous in decades, for both the country and the rest of Europe. Within two weeks, France could have a hard-left or hard-right government – or descend into political deadlock if no bloc wins a majority, leaving Paris hamstrung as problems mount…
WikiLeaks founder Julian Assange will take a dip in the sea, get some proper rest and try much-missed food as “a free man,” his wife has revealed, a day after the Australian landed home after striking a remarkable plea deal with US prosecutors. The 52-year-old on Monday left the British…
San Diego’s newest giant pandas are en route from China to California, according to Chinese state media – marking the first time Beijing has granted new panda loans to the United States in two decades. The two pandas, Yun Chuan and Xin Bao, left the Bifengxia base of the China…
International banks are playing a significant role in the Myanmar military junta’s ability to carry out its systematic and deadly assault on its people, a new United Nations-backed report has found. Thai banks have now become the main source through which the Myanmar military is buying weapons and military supplies –…
Washington was released on bail and transferred to the Kadena US Air Base in Okinawa for custody, according to a government spokesperson. His trial will begin July 12, according to the Naha District Court spokesperson. The prosecution comes at a time when Washington and Tokyo are deepening their military alliance…
Roba Abu Jibba looked shell-shocked as the doctor delivered his news: She couldn’t have the operation she desperately wanted. She nervously scrunched the fabric of her dress, fighting off the tears that began flooding her one remaining eye. The 19-year-old Palestinian woman had pinned all her hopes on getting a…
Kenyan President William Ruto said Wednesday that he will not sign a controversial finance bill, backing down in the face of mass protests that swept the country and reportedly left at least 23 people dead. “Having reflected on the continuing conversation regarding the content of the finance bill 2024, and…
Bolivia’s President Luis Arce denounced the “irregular mobilization of certain units of the Bolivian military” in La Paz on Wednesday in a post on X amid claims that the army was mounting a coup. “You need to respect democracy,” he said. Military tanks were reportedly positioned around a main square…