Thai gov. to tax (remitted) income from abroad for tax residents starting 2024 - Part I
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117
Even MAGA Is Up in Arms Over Trump’s ‘Flying Grift’ From Qatar
Ok, please do enlighten this Brit as to the UK's curtailing of freedom of speech. Make it good. And please don't say people get jailed for being mean on Facebook. -
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Markets Rebound as US and China agree to slash tariffs for 90 days
Small stuff. The US stock markets were all way overvalued and bonds were being ditched long before Trump got in. These tariffs are far from final. -
44
They found a prostitute in Thailand!
"A 34-year-old Russian woman has been arrested on Koh Phangan in Surat Thani province for allegedly providing sex services on Thursday" Does anybody know what she is doing Friday to Wednesday? Why is she only a prostitute on Thursday. -
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Donald Trump promises to order that U.S. pays same price other nations do for some drugs
From AP News Donald Trump promises to order that U.S. pays same price other nations do for some drugs AP U.S. President Donald Trump. File U.S. President Donald Trump. File | Photo Credit: AP President Donald Trump says he'll sign an executive order on Monday (May 12, 2025) that, if implemented, could bring down the costs of some medications — reviving a failed effort from his first term on an issue he's talked up since even before becoming President. The order Mr. Trump is promising will direct the Department of Health and Human Services to tie what Medicare pays for medications administrated in a doctor's office to the lowest price paid by other countries. “I will be instituting a MOST FAVOURED NATION'S POLICY whereby the United States will pay the same price as the Nation that pays the lowest price anywhere in the World,” the President posted on Sunday on his social media site, pledging to sign the order on Monday [May 12] morning at the White House. “Our Country will finally be treated fairly, and our citizens Healthcare Costs will be reduced by numbers never even thought of before,” Mr. Trump added. His proposal would likely only impact certain drugs covered by Medicare and given in an office — think infusions that treat cancer, and other injectables. But it could potentially bring significant savings to the government, although the “TRILLIONS OF DOLLARS” Mr. Trump boasted about in his post may be an exaggeration. Medicare provides health insurance for roughly 70 million older Americans. Complaints about U.S. drug prices being notoriously high, even when compared with other large and wealthy countries, have long drawn the ire of both parties, but a lasting fix has never cleared the Congress. Under the planned order, the federal government would tie what it pays pharmaceutical companies for those drugs to the price paid by a group of other, economically advanced countries — the so-called “most favoured nation" approach. The proposal will face fierce opposition from the pharmaceutical industry. It was a rule that Mr. Trump tried to adopt during his first term, but could never get through. He signed a similar executive order in the final weeks of his presidency, but a court order later blocked the rule from going into effect under the Biden administration. The pharmaceutical industry argued that Mr. Trump's 2020 attempt would give foreign governments the “upper hand” in deciding the value of medicines in the U.S.. The industry has long argued that forcing lower prices will hurt profits, and ultimately affect innovation and its efforts to develop new medicines. Only drugs on Medicare Part B — the insurance for doctor's office visits — are likely to be covered under the plan. Medicare beneficiaries are responsible for picking up some of the costs to get those medications during doctor's visits, and for traditional Medicare enrollees there is no annual out-of-pocket cap on what they pay. A report by the Trump administration during its first term found that the U.S. spends twice as much as some other countries in covering those drugs. Medicare Part B drug spending topped $33 billion in 2021. More common prescription drugs filled at a pharmacy would probably not be covered by the new order. Mr. Trump's post formally previewing the action came after he teased a “very big announcement” last week. He gave no details, except to note that it wasn't related to trade or the tariffs he has announced imposing on much of the world. “We're going to have a very, very big announcement to make — like as big as it gets,” Mr. Trump said last week. He came into his first term accusing pharmaceutical companies of “getting away with murder” and complaining that other countries whose governments set drug prices were taking advantage of Americans. On Sunday (May 11), Mr. Trump took aim at the industry again, writing that the “Pharmaceutical/Drug Companies would say, for years, that it was Research and Development Costs, and that all of these costs were, and would be, for no reason whatsoever, borne by the suckers' of America, ALONE.” Referring to drug companies' powerful lobbying efforts, he said that campaign contributions “can do wonders, but not with me, and not with the Republican Party.... We are going to do the right thing,” he wrote. Published - May 12, 2025 06:19 pm IST https://www.thehindu.com/news/international/donald-trump-promises-to-order-that-us-pays-same-price-other-nations-do-for-some-drugs/article69566191.ece -
117
Even MAGA Is Up in Arms Over Trump’s ‘Flying Grift’ From Qatar
You are so very correct, we love the Trump and he loves us. Its reciprocal. -
10
Trade War Success! My Anoose Mates
You always "quote" your own ignorance?
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