A significant trial of a daily weight-loss pill has found that it helped people to shed the pounds and reduce their blood sugar levels, making it a contender to join the new wave of drugs that combat obesity and diabetes. People who took a 36mg pill of orforglipron lost an average of 7.3kg (16lbs) over nine months, according to results from a phase 3 clinical trial reported by the drug’s manufacturer, Eli Lilly, on Thursday. The trial, which enrolled 559 obese people with type 2 diabetes from the US, China,…
Tag: Mexico
Global defence budget jumps to record high of $2440bn
Global military expenditure has reached a record high of $2440bn (£1970bn) after the largest annual rise in government spending on arms in over a decade, according to a report. The 6.8% increase between 2022 and 2023 was the steepest since 2009, pushing spending to the highest recorded by the Stockholm International Peace Research Institute (Sipri) in its 60-year history. For the first time, analysts at the thinktank recorded a rise in military outlay in all five geographical regions: Africa, Europe, the Middle East, Asia and Oceania and the Americas. Nan…
How China Broke One Man’s Dreams
The Daily is made by Rachel Quester, Lynsea Garrison, Clare Toeniskoetter, Paige Cowett, Michael Simon Johnson, Brad Fisher, Chris Wood, Jessica Cheung, Stella Tan, Alexandra Leigh Young, Lisa Chow, Eric Krupke, Marc Georges, Luke Vander Ploeg, M.J. Davis Lin, Dan Powell, Sydney Harper, Mike Benoist, Liz O. Baylen, Asthaa Chaturvedi, Rachelle Bonja, Diana Nguyen, Marion Lozano, Corey Schreppel, Rob Szypko, Elisheba Ittoop, Mooj Zadie, Patricia Willens, Rowan Niemisto, Jody Becker, Rikki Novetsky, John Ketchum, Nina Feldman, Will Reid, Carlos Prieto, Ben Calhoun, Susan Lee, Lexie Diao, Mary Wilson, Alex Stern,…
United States Spurns China for Mexico and Other Allies, Trade Data Shows
In the depths of the pandemic, as global supply chains buckled and the cost of shipping a container to China soared nearly twentyfold, Marco Villarreal spied an opportunity. In 2021, Mr. Villarreal resigned as Caterpillar’s director general in Mexico and began nurturing ties with companies looking to shift manufacturing from China to Mexico. He found a client in Hisun, a Chinese producer of all-terrain vehicles, which hired Mr. Villarreal to establish a $152 million manufacturing site in Saltillo, an industrial hub in northern Mexico. Mr. Villarreal said foreign companies, particularly…
World economy on brink of ‘cold war two’, IMF official warns
The world economy is on the brink of a second cold war that could “annihilate” progress made since the collapse of the Soviet Union, a senior International Monetary Fund official has warned. Gita Gopinath, the IMF’s first deputy managing director, said the accelerating fragmentation of the world economy into regional power blocs – centred around the US and China – risked wiping out trillions of dollars in global output. “If we descend into cold war two, knowing the costs, we may not see mutually assured economic destruction. But we could…
Tiny Electric Vehicles Pack a Bigger Climate Punch Than Cars
In Darbhanga, a new acid-battery rickshaw, like the one Mr. Rai drives, sells for around 175,000 rupees, or $2,100. That’s half the price of a new rickshaw powered by natural gas. Charging the battery costs 20 rupees (25 cents), one-fourth of the price of filling a gas tank. The rebates seem to be working. Reliance Industries, India’s biggest company, is converting its three-wheeled cargo vehicles from gas to electric. Food delivery services are going electric as quickly as possible. Chetan Maini, whose company Sun Mobility builds charging infrastructure, said business…
U.S. Moves to Crack Down on Money Behind Fentanyl Trade
The Biden administration said on Monday that it was creating a “counter-fentanyl strike force” within the Treasury Department to combat trafficking of the drug into the United States by more aggressively scrutinizing the finances of suspected narcotics dealers. The Treasury’s office of terrorism and financial intelligence and the criminal investigation unit of the Internal Revenue Service will lead the new team. It will attempt to find and disrupt money laundering associated with fentanyl trafficking and to more effectively crack down on sanctions violations. Officials from Treasury’s Financial Crimes Enforcement Network…
Growing Numbers of Chinese Migrants Cross U.S. Southern Border
The surge of migrants entering the United States across the southern border increasingly includes people from a surprising place: China. Despite the distances involved and the difficulties of the journey, more than 24,000 Chinese citizens have been apprehended crossing into the United States from Mexico in the past year. That is more than in the preceding 10 years combined, according to government data. They typically fly into Ecuador, where they do not need a visa. Then, like hundreds of thousands of other migrants from Central and South America and more…
Weather Tracker: unseasonal cold air brings widespread snowfall to China
Low pressure developed across eastern China on Sunday, tracking across the northern coast of the sea of Japan on Monday. On the west side of this low, an unseasonably cold air mass was drawn south across north-eastern China, resulting in a broad area of significant snowfall. More than 30cm of snow is expected across higher parts of the Chinese provinces of Inner Mongolia, Jilin, and Heilongjiang. Clear skies accompanying the widespread snow cover will lead to temperatures significantly below normal on Tuesday. For example, Shenyang is expected to experience subzero…
US announces actions against 14 foreign companies for importing fentanyl
The US has announced sanctions and indictments against 14 Chinese and Canadian firms for importing fentanyl, one of the most sweeping actions yet to target trafficking of the powerful synthetic opiate. Officials from the Department of Justice and the Department of Homeland Security and other agencies announced the actions on Tuesday. The indictments and sanctions target what officials described as a “major China-based syndicate” that sold fentanyl to drug dealers and international cartels, the Associated Press reported. The majority of those indicted are based in China but some are based…