Economy & Business

Can We Stop the GOP’s Big Pharma Rip-Off?

In a deep dive into the intricate ties between Big Pharma and political influence, this analysis sheds light on the staggering executive salaries and the ongoing battle over drug price negotiations. With the Inflation Reduction Act (IRA) allowing Medicare to negotiate drug prices for the first time since 2003, the article highlights the resistance from certain GOP members and the pharmaceutical industry. As the debate intensifies, the question remains: Will the interests of the American public prevail over the entrenched powers of political and corporate lobbying?

India’s restriction on tech imports may hurt US business

To promote domestic manufacturing, India has occasionally placed tariffs and import restrictions on certain tech products – much like it is doing now regarding US tech companies. At the same time, India has been actively engaging with major global tech firms, such as Apple, Samsung, and Foxconn, to set up or expand their manufacturing bases in India.