Costlier drugs hit hard in US

Prices have risen on almost 1,000 drugs in the United States in the first three weeks of January, the most increases in January since at least 2011, according to a nonprofit organization that tracks drug prices. The price increases on 985 drugs ranged from 1 to 26 percent, with median...

Europeans fall prey to prices

Conflict in Ukraine drives up costs as Europe bears brunt of Russia sanctions Trade union members demonstrate in front of the Engie headquarters in Brussels on Nov 9. The cost-of-living pressure has added strains to people's livelihoods. (GEERT VANDEN WIJNGAERT / AP) About 16,500 people took to the street in...

Analysis: Italy’s foreign policy set to stay course

Italy's new prime minister, Giorgia Meloni reacts during the cabinet minister bell handover ceremony at Palazzo Chigi in Rome on Oct 23, 2022. (ANDREAS SOLARO / AFP) ROME - With Italy's newly installed government facing pressing domestic priorities, analysts do not expect immediate changes to the country's foreign policy line....

German economy sees signs of recession

Rising energy prices and expenses have driven Germany's economy to the brink of recession, and the engine of Europe losing its economic momentum means more uncertainties for the continent's economy. With energy prices through the roof, inflation in Germany could exceed 10 percent this year with the economy heading into...