‘We’ll no longer tolerate’: Donald Trump signs executive order giving drugmakers 30 days to slash drug prices

[ad_1] President Donald Trump on Monday signed a sweeping executive order aimed at slashing prescription drug prices in the United States, giving pharmaceutical companies a 30-day deadline to cut costs or face action.“Starting today, the United States will no longer subsidise the healthcare of foreign countries… and we’ll no longer tolerate profiteering and price gouging […]

As oil prices fall can Gulf big spenders keep Trump pledges?

[ad_1] Representative image (AP) Almost every month, there’s another announcement about how various Gulf states will spend mind-blowing sums of money, hundreds of billions of dollars, if not trillions, in deals made with the new Trump administration in the US.In January, Saudi Arabia said it would broaden investments into, and trade with, the US to […]

Trump Plan Would Tie Some Drug Prices to What Peer Nations Pay

[ad_1] President Trump will sign an executive order on Monday aimed at lowering some drug prices in the United States by aligning them with what other wealthy countries pay, he said on Truth Social on Sunday evening. The proposal he described, which alone cannot shift federal policy, is what he calls a “most favored nation” […]

Polls close in Australian vote focused on high prices and shortage of housing | World News

[ad_1] MELBOURNE: Vote counting has begun in Australia’s general election after polling stations closed across the country. Counting is well underway in the east, where polls closed two hours earlier. Prime Minister Anthony Albanese and his rival Peter Dutton began campaigning on Saturday in the electorally crucial city of Melbourne. Albanese later returned home to […]

Hermes to hike US prices to offset tariff impact

[ad_1] Representative Image (AI) PARIS: French luxury group Hermes said Thursday it would hike its prices in the United States to offset the impact of 10-percent import tariffs imposed by President Donald Trump.Famous for its Birkin handbag, silk scarves and leather goods, the increases would take effect on May 1, said the group’s finance chief, […]

Trump Tariffs: Republicans rally behind Trump as most Americans expect higher prices from tariffs

[ad_1] File photo: US President Donald Trump (Picture credit: AP) US President Donald Trump’s sweeping tariff plans have triggered growing anxiety among Americans, with many blaming his policies for worsening economic conditions, even as most Republicans continue to back his strategy. According to a CBS News/YouGov poll, the country remains sharply divided on whether Trump […]

‘Extremely turbulent’: Russia ‘monitoring situation closely’ as oil prices fall after Trump’s tariff

[ad_1] Russia on Monday said that the global oil market is experiencing significant volatility following the United States’ implementation of “Liberation Day” tariffs on numerous countries. Trading data shows that on London’s ICE, Brent crude oil futures contracts for June 2025 delivery fell below $63 per barrel at 10.08 am Moscow time (7.08 am GMT), […]

Trump Egg Prices: ‘I just got here’: Trump distances himself from soaring egg prices

[ad_1] File photo: US President Donald Trump (Picture credit: AP) US President Donald Trump defended himself on Wednesday against criticism over high egg prices, claiming he had no role in the surge. Speaking at highly anticipated ‘Make America Wealthy Again’ event where he announced the reciprocal tariffs over other countries, Trump briefly spoke about egg […]

Gas prices set to drop significantly in Canada as Carbon Tax ends April 1

[ad_1] As of April 1, the federal consumer carbon price in Canada comes to an end, and Canadians may see a noticeable change at the gas pump. Patrick De Haan, head of petroleum analysis at GasBuddy.com, shared with Global News that the cessation of the carbon tax could lead to a significant decrease in gas […]

‘I couldn’t care less’: Why Donald Trump wants auto prices hike

[ad_1] US President Donald Trump said on Saturday that he “couldn’t care less” if automakers raise car prices for Americans after he imposed a 25 per cent tariff on all foreign-made cars. There have been reports that he warned auto executives of consequences if prices go up, but Trump, in an interview with NBC News, […]