World News

Israel's Teva reaches potential $4.25 bn US opioid settlement

Israeli generic drug maker Teva has reached an agreement in principle to pay $4.25 billion over 13 years to settle a series of court cases over its role in the US opioid epidemic.. "Teva will pay up to $4.25 billion (including the already settled cases) plus approximately $100 million for the tribes, spread over 13 years," it said.

New York asks WHO to re-name 'stigmatizing' monkeypox

New York City asked the World Health Organization (WHO) on Tuesday to rename the monkeypox virus to avoid stigmatizing patients who might then hold off on seeking care.. "We have a growing concern for the potentially devastating and stigmatizing effects that the messaging around the 'monkeypox' virus can have on... already vulnerable communities," New York City public health commissioner Ashwin Vasan said in a letter to WHO chief Tedros Adhanom Ghebreyesus dated Tuesday. 

Pair of new studies point to natural Covid origin

An animal market in China's Wuhan really was the epicenter of the Covid pandemic, according to a pair of new studies in the journal Science published Tuesday that claimed to have tipped the balance in the debate about the virus' origins.. This required neighborhood-level study within Wuhan to be more certain the virus was "zoonotic" -- that it jumped from animals to people.

Brazil NGOs urge US to recognize election winner quickly

Brazilian non-governmental groups on Tuesday met US policymakers to urge a swift recognition of the winner in October 2 elections as President Jair Bolsonaro tries to cast doubt on the voting system.. A delegation of 19 civil society groups held talks at the State Department and with members of Congress, saying they warned of threats to democracy by the far-right incumbent president.

Biden undecided on China tariffs ahead of Xi call: W.House

President Joe Biden has still not decided whether to end some trade tariffs on China ahead of a phone call expected this week with his Chinese counterpart Xi Jinping, a senior official said Tuesday.. The call, which is expected this week but has yet to be finally scheduled, will be the fifth between Xi and Biden since the Democrat took office in 2021.

US calls on Ukraine to pick prosecutor to fight corruption

The United States on Tuesday urged Ukraine to pick a credible top prosecutor to replace one sacked by President Volodymyr Zelensky, calling for action on corruption even as Kyiv battles Russian invaders.. President Joe Biden, while serving as vice president, demanded on a trip to Kyiv that Ukraine fire an earlier prosecutor general seen as ineffective in fighting corruption, warning that the United States would otherwise withhold $1 billion in loan guarantees.

Argentina pays tribute to icon Eva Peron on 70th anniversary of death

Crisis-wracked Argentina on Tuesday marked the 70th anniversary of the death of iconic political figure Eva Peron with a series of events, marches and tributes.. - 'Standard-bearer of the humble' - Earlier this year, Argentina returned Peron's image to the 100 pesos bill after liberal former president Mauricio Macri had discontinued a series of bank notes that paid tribute to her.

Russia doing better than expected despite sanctions: IMF

Despite damaging Western sanctions imposed on Moscow in the wake of the invasion of Ukraine, Russia's economy appears to be weathering the storm better than expected as it benefits from high energy prices, the IMF said Tuesday.. Meanwhile, rising energy prices are "providing an enormous amount of revenues to the Russian economy."

Don't let inflation 'genie' out of the bottle: IMF economist

The global economy is facing a worrisome slowdown, but the critical priority for policymakers is to bring raging inflation under control, the IMF's chief economist said Tuesday.. - Signs of hope - Some of the primary risks facing the global economy are beyond the control of policymakers, including the potential for Russia to shut off gas supplies to Europe.

Honduras extradites alleged drug matriarch to the US

Honduras on Tuesday extradited Herlinda Bobadilla, a 61-year-old alleged gang leader arrested in a shootout that killed one of her sons, to the United States on drug charges.. The trio had allegedly taken control of Los Montes after Bobadilla's other son, Noe Montes-Bobadilla, was arrested and extradited to the United States in 2017 and subsequently sentenced to 37 years in jail for drug trafficking.