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founded 4 years ago
ADMINS
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Episode511

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cross-posted from: https://lemmy.sdf.org/post/38609043

Archived

European Commission vice-president Teresa Ribera has warned China that the EU will not tolerate “dumping” of low-cost Chinese electric vehicles in Europe. And she rejected the idea that the EU should accept “cheap equipment” to help member-states to reach their decarbonisation goals.

[...]

“There is this assumption that counting on cheap equipment could be good to boost the potential of new developments and new decarbonisation pathways in the European market that could be beneficial. And there may be truth on one side, but as you also know, it may be difficult in terms of how it could impact on the capacity to ensure a level playing field. So we cannot accept any type of dumping practices.”

[...]

Trade figures on Monday showed that China’s exports continued to grow in June, jumping by 5.8 per cent compared to a year earlier, despite US tariffs of about 55 per cent on Chinese goods. China ended the first half of 2025 with a record trade surplus of about USD586 billion.

Analysts suggest that Chinese manufacturers have been front-loading exports to the US in case tariffs rise higher in the coming months. But exports to other parts of the world, including the EU, have also continued to rise.

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Injectable prescription drugs, sold as Ozempic and Wegovy, and the pill Rybelsus all contain the ingredient semaglutide. This class of medication, known as glucagon-like peptide-1 (GLP-1s), regulate blood sugar levels and appetite.

Health Canada previously approved Ozempic to treat diabetes and Wegovy for weight loss. Nearly 33 per cent of Canadians (10.6 million people) were obese in 2023, according to a recent study.

Novo Nordisk, maker of Ozempic and Wegovy, will effectively lose its price protection on those drugs in Canada in January, opening the door to generic versions.

Mina Tadrous, an associate professor who evaluates pharmaceutical prices at the University of Toronto, says three or four companies have them in development or are starting the paperwork.

Tadrous says the number of companies affects pricing.

"The classic framework is that if you only have one, it comes down from the list price to 75 per cent," Tadrous said. "If we have two, it goes down to 50 per cent and if we have three it hits 25 per cent."

Three manufacturers could bring the price down to $100 from $400 for the same strength of semaglutide product, Tadrous estimates.

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I do indeed (piefed.cdn.blahaj.zone)
submitted 15 hours ago by [email protected] to c/trippinthroughtime
 
 
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In the 1930s, the rise of Nazism brought centuries of animosity between Europe’s Catholics and Protestants to an end. Why?

In-depth analysis, crossposted from https://reddthat.com/post/45736754

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Multiple federal law enforcement officials who spoke to Rolling Stone on the condition of anonymity say that Jeffrey Epstein hired private investigators to follow, intimidate, and surveil FBI special agents investigating allegations that he paid underage women for sex. The FBI declined Rolling Stone’s request for comment.

These new allegations about the pressure exerted on the FBI come after internal divisions in Donald Trump’s administration exploded into public view last week over its handling of files and information pertaining to the disgraced financier and accused sex trafficker.

Reports across several media outlets describe a tense meeting between deputy FBI director Dan Bongino, White House chief of staff Susie Wiles, Attorney General Pam Bondi, and other officials. According to reports, that meeting ended with Bongino storming out. Bongino is now reportedly considering resigning from his post at the FBI.

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UFCW Local 1518 in British Columbia has announced that 500 drivers in Greater Victoria unionized.

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