Politics
Biden Urges Pharma Giants to Cut Prices on Diabetes and Weight Loss Drugs
US President Joe Biden has called on pharmaceutical companies Novo Nordisk and Eli Lilly to reduce the prices of diabetes and weight loss medications such as Ozempic, condemning what he describes as the firms’ practice of “ripping off the American people.”
In a collaborative article with Senator Bernie Sanders, Biden emphasized that American patients pay substantially higher prices for Novo Nordisk’s diabetes drugs Ozempic and Wegovy compared to patients in countries like Canada, Germany, and Denmark. A study highlighted that a one-month supply of Ozempic in the US cost $936 last year, while the same supply cost $169 in Canada and $103 in Germany.
Eli Lilly has also been criticized for charging “unconscionably high prices” for Mounjaro, a medication similar to Ozempic. Biden and Sanders questioned why residents of Burlington, Vermont, should pay more than those in Copenhagen or Berlin for the same medication.
The high costs of these drugs have rendered them unaffordable for millions of Americans. Biden and Sanders warned that without substantial price reductions, the financial strain could potentially bankrupt the American healthcare system. “We will not allow that to happen,” they declared.
Addressing high prescription drug prices has been a long-standing issue for American patients, and Biden has made reducing healthcare costs a key focus of his reelection campaign.
Politics
Sri Lanka swears in new left-leaning president
Anura Kumara Dissanayake has been sworn in as Sri Lanka’s new president, pledging to bring “clean” governance as the country continues to recover from its deepest economic crisis. The left-leaning leader, known for his stance against corruption, sees his election as a call for change and transparency in a country long troubled by political cronyism.
Dissanayake’s election follows the ousting of former president Gotabaya Rajapaksa in 2022 after mass protests driven by economic hardships. In his inaugural address, the 55-year-old president emphasized the need for a new political culture that restores public trust. “We need to establish a new clean political culture,” he said, while committing to safeguard democracy.
His speech underscored the importance of unity, with representatives from Sri Lanka’s Buddhist, Hindu, Muslim, and Christian communities attending the ceremony. Dissanayake promised good governance, economic reform, and a focus on manufacturing, agriculture, and IT development. He also pledged to uphold Sri Lanka’s agreement with the International Monetary Fund (IMF), aiming to reduce the burden of austerity on the country’s poorest citizens.
Dissanayake’s swearing-in was preceded by the resignation of Prime Minister Dinesh Gunawardena, setting the stage for a parliamentary dissolution as the nation embarks on this new political chapter.
Politics
Okpebholo Secures Victory in Edo Governorship Election
Okpebholo Monday, the candidate of the All Progressives Congress (APC), has been declared the winner of the Edo State governorship election after receiving 291,667 votes. He defeated Asue Ighodalo of the Peoples Democratic Party (PDP), who secured 247,274 votes, and Labour Party (LP) candidate Olumide Akpata, who finished third with 22,761 votes. Fourteen other candidates also contested but received fewer votes.
Prof. Faruk Kuta, the Returning Officer from the Independent National Electoral Commission (INEC) and Vice-Chancellor of the Federal University of Technology, Minna, officially declared Okpebholo the winner at 09:27 pm at the collation center in Benin City, Edo State’s capital, amidst applause from APC supporters.
Okpebholo’s victory was dominant in over 10 out of the state’s 18 local government areas, while Ighodalo achieved marginal wins in the remaining councils. The APC also claimed control in two of the three key senatorial districts in Edo State.
News
Suspect in Alleged Trump Assassination Attempt Faces Gun Charges
Ryan Routh, the suspect in the alleged assassination attempt on former President Donald Trump, has been charged with federal gun crimes. During a brief court hearing in Palm Beach, the 58-year-old was charged with two offences: possession of a firearm by a convicted felon, which carries a potential sentence of up to 15 years, and possession of a firearm with an obstructed serial number, punishable by up to five years.
Routh, dressed in a blue prison jumpsuit and with his hands cuffed, spoke to a public defender for several minutes before the hearing began. Initially displaying a calm demeanor with occasional smiles, he turned expressionless once the court proceedings got underway, responding to the judge’s questions with, “Yes, your honor.”
In a series of personal questions to assess his eligibility for a public defender, Routh revealed that he had “zero funds” in his bank account, made about $3,000 monthly, and owned two trucks in Hawaii, each valued at around $1,000.
Routh was brought into the courtroom just before 10:00 (14:00 GMT) and observed the scene, which included other defendants, press members, and attendees. After his brief hearing, he was escorted out as proceedings for other cases began.
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