Trump says Iran not ready to make the 'right deal'
U.S. President Donald Trump said Iran was not ready to make what he called the "right deal" with Washington as tensions persisted over th...
The United States has launched an investigation into Germany's pharmaceutical pricing policies to determine whether they unfairly disadvantage American companies and restrict U.S. commerce.
U.S. Trade Representative Jamieson Greer said the probe would examine whether Germany's so-called “persistent underpayment” for innovative medicines is unreasonable or discriminatory.
The investigation, launched under Section 301 of the Trade Act of 1974, follows months of discussions between Washington and Berlin, according to Greer.
Greer said President Donald Trump believes American patients should not shoulder a disproportionate share of global pharmaceutical research and development costs.
He also criticized reports that Germany is considering measures that could further reduce spending on innovative medicines, calling it a "serious step backwards."
Germany is pursuing healthcare reforms aimed at lowering insurance costs and saving more than €16 billion in healthcare spending.
The move comes amid longstanding criticism of high prescription drug prices in the United States. A 2024 RAND Corporation study found U.S. prescription drug prices were nearly three times higher than those in 33 other countries.
Supporters of Germany’s pricing system argue the policies are designed to keep medicines affordable and control healthcare spending, while Washington says trading partners should contribute more to funding pharmaceutical innovation.
Shipping traffic through the Strait of Hormuz remains limited on Thursday, with no increase in vessel crossings as U.S.-Iran talks to resolve the conflict remained stalled. Nine commodity vessels transited the key waterway on Wednesday, unchanged from the previous day, according to Kpler data.
Russia is open to listening to new proposals on how to reach a settlement on the Ukraine conflict, a senior Russian diplomat said, but any proposals should reflect the "realities on the ground".
Iran has condemned new U.S. sanctions as “economic terrorism” and “crimes against humanity”, accusing Washington of pursuing a decades-long policy of hostility. Tehran said the measures would not weaken its resolve to defend its sovereignty and national interests.
Israeli Prime Minister Benjamin Netanyahu has issued his strongest warning yet over Türkiye's growing military role in Syria, saying Israel will not accept Turkish forces expanding their presence further south.
A large-scale drone attack has hit Russia's Samara region, damaging facilities and disrupting operations at an Ozon logistics complex, according to regional authorities and the company.
Malaysia is facing a sharp rise in dengue infections, with the capital Kuala Lumpur and the wider Klang Valley emerging as the main centres of concern.
The Democratic Republic of the Congo’s Ebola outbreak has surpassed 5,000 confirmed cases, with the death toll reaching 2,378, according to the latest government data.
The Democratic Republic of Congo says the number of confirmed Ebola cases has risen to more than 5,000, with more than 2,300 deaths. Delayed detection, weak surveillance, funding shortages and conflict have allowed the virus to spread faster than in any previous epidemic at the same stage.
Australia warned on Monday (3 August) of a wider spread of H5N1 bird flu after its first confirmed mass mortality event among seabirds killed about 50 greater crested terns off the coast of South Australia, south of Adelaide.
Cancer patients in Sudan are struggling to access life-saving treatment as soaring medication costs, power shortages and damaged hospital infrastructure deepen the country's healthcare crisis after more than three years of war.
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