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Showing posts from January, 2023

Pakistan places malls on notice to close in the midst of economic turmoil

ISLAMABAD Authorities on Wednesday demanded that market and shopping malls to close at 8.30pm in an energy conservation program designed to ease the country's economic woes according to officials.   The decision comes amid discussions between officials from the International Monetary Fund. This week, Pakistan defence minister Khawaja Mohammad Asif and minister of energy Ghultam Dastghir said the government had decided to close establishments earlier in line with the new plan to conserve energy that was approved by cabinet.   The authorities also directed wedding halls and restaurants to close at 10 p.m. The government is hoping these measures to help save energy and reduce the cost of imported oil, on which Pakistan pays $3 billion every year.   In Pakistan the majority of electric power is produced by imported oil. So far, there's been a variety of reactions from the representatives of restaurant owners, shopping malls, as well as shop proprietors who are calling on for ...

As it was predicted, Patients are paying the price to the Inflation Relief Act's Drug Reform

  It's been three months now since president Biden has signed into law his Inflation Reduction Act (IRA) and, so far the rules for pricing drugs have caused a significant setback to medical researchbigger than what its advocates acknowledged as well as the Congressional Budget Office forecast. Since the announcement, many biopharmaceutical companies have announced the end of drug development programs, citing the IRA as one of the reasons.   In the current rate even the most significant predicted reductions in innovation prove to be too little. This was a likely result.   It shouldn't come as a shock that directing the government to arbitrarily set prices disincentivizes research-and-development investments.   The end result is that those who have to be without revolutionary therapies and cures will be the ones to pay the most for these dangerous, ineffective "reforms." Cutbacks in drug development are growing rapidly. Then, in October Alnylam made it clear that they ...

Why Biden Believes 2023 will be the Best Year For Him In His Presidency Tenure?

President Joe Biden on Sunday explained on Twitter the reasons he believes 2023 is likely to be a fantastic time for Americans. "Happy New Year, everyone," the president tweeted at midnight New Year's Day.   "I think this will be a fantastic year.   Why?   We'll be applying a lot of items that we approved in the last session." Biden started by noting there is a cap per month on the price of insulin for diabetics on Medicare will be in effect from January 1. "As at this time the supply of a month's worth of insulin has been limited at $35 for all people who is on Medicare," the president tweeted.   "$35.   That's it." That's it. - -- President Biden (@POTUS) 1 January 1st 2023 The measure will provide relief to nearly two million Americans who have to pay on average $572 a year out-of-pocket for insulin according to an analysis of 2020 of the Kaiser Family Foundation (KFF). The insulin cap has been included as part of Inflation...

USCIS proposes to increase costs to address the backlog of visa processing

The apex agency for visas in America, that is the US Citizenship and Immigration Services (USCIS) has released on Tuesday an announcement of proposed rulesmaking (NPRM) to alter certain naturalisation and immigration benefit fee for requests. This new structure will permit USCIS to cover its operating expenses more completely to re-establish and keep up-to-date case processing, and avoid the development of case backlogs.   In addition, USCIS receives about 96% of its funding through filing fees, not US Congress' allocations. If it is approved, this action will go a long ways in aiding the USCIS provide more resources and reduce backlogs of visa applications across the globe.   For Indian applicants from different types of US visas it is beneficial, considering that it is known that US queues of visas that are in India can be among the largest.   Indians applicants for specific types in US visas, such as B1-B2 visas for visitors, can face up to two years or more in waiting...