The Daily Populous

Sunday August 7th, 2022 morning edition

image for Democrats’ Long-Sought Plan for Lowering Drug Costs Is at Hand

Still, the measure would not deliver every tool that Democrats would like for reining in prescription drug costs.

Pharmaceutical companies would still be able to charge Medicare high prices for new drugs.

That is a disappointment to the progressive wing of the party; The American Prospect, a liberal magazine, has dismissed the measure as “exceedingly modest.”.

Prescription drug prices in the United States are far higher than those in other countries.

A 2021 report from the RAND Corporation found that drug prices in this country were more than seven times as high as in Turkey, for instance.

Since 1998, it has spent $5.2 billion on lobbying, according to Open Secrets, which tracks money in politics.

Drug makers spread their money around, giving to Democrats and Republicans in roughly equal amounts. »

With Great Barrier Reef showing signs of recovery, Australia takes steps to combat climate change

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Australia is the third-largest fossil fuel exporter, after Saudi Arabia and Russia, and it has among the world's highest emissions per capita.

Australia is already suffering the effects of climate change, however, including devastating brush fires and severe flooding from extreme rainfall events.

The passage of the climate bill in Parliament came on a day when Australia received some good news about the Great Barrier Reef, one of the world’s most fragile ecosystems. »

Activision Blizzard earned more on mobile games last quarter than PC and consoles combined

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Activision Blizzard earned $332 million on the PC during the quarter, and $376 million on combined console sales.

Under the "mobile and ancillary" category, however—which Activision Blizzard said "primarily include revenues from mobile devices"—the company pulled in a whopping $831 million for the quarter.

It's quite a shift from the same quarter in 2021, when console and mobile revenues were much more closely aligned. »