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‘Problematic precedent’: expert says Australia could be next as UK agrees to pay 25% more for new US medicines

US has said it hopes other countries will follow as health policy experts say the agreement signals a shift away from value-for-money assessment Get our breaking news email, free app or daily news podcastThe federal health minister, Mark Butler, said the government is trying to understand a “dynamic shift that’s happening in the global pharmaceutical market” following a new agreement that will see the UK pay 25% more for new US medicines, as drugs policy experts warn the deal sets a “problematic precedent”.Under the deal, the UK will double the percentage of GDP it allocates to buying innovative therapies from the US. The deal has led to UK experts expressing concern that the National Health Service will pay more money for new treatments, with less money left to pay for health staff and proven existing treatments. Continue reading...

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Brazilian Teenager, Who Wanted To Work With Animals, Mauled To Death By Lion At Zoo

The zoo was closed temporarily for investigation, and authorities have ruled out euthanising the lion.

‘We have to rebuild from scratch’: Sri Lankans relive the devastation of Cyclone Ditwah

Many uncertain about the future after losing everything in the country’s deadliest natural disaster for yearsWhen the rains began, Layani Rasika Niroshani was not worried. The 36-year-old mother of two was used to the heavy monsoon showers that drench Sri Lanka’s hilly central region of Badulla every year. But as it kept pounding down without stopping, the family started to feel jittery.Some relocated to a relative’s house, but her brother and his wife decided to stay behind to collect the valuables. As they were inside, a landslide hit the family home. Continue reading...

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Racial discrimination claim part of ‘deliberate campaign to discredit’ Mary Kostakidis, court documents allege

Former SBS newsreader defends sharing two X posts about a speech by the late Hezbollah leader as fair comment on a matter of public interestGet our breaking news email, free app or daily news podcastRacial discrimination proceedings brought by the head of the Zionist Federation of Australia were “part of a deliberate campaign to undermine and discredit” Mary Kostakidis, court documents claim.The former SBS newsreader has been accused by the ZFA of breaching the Racial Discrimination Act by sharing two X posts about a speech by the late Hezbollah secretary general Hassan Nasrallah in January 2024. Continue reading...

UK house prices rise despite budget tax fears, says Nationwide

‘Mansion tax’ announced by Rachel Reeves will have limited impact on property market, building society saysBusiness live – latest updatesUK house prices rose last month despite uncertainty before the budget, according to Nationwide, which predicted that the newly announced “mansion tax” would have a limited impact on the housing market.The UK’s biggest building society said the average house price rose 0.3% month on month in November, higher than a 0.1% increase predicted by economists polled by Reuters. The average price of a home was £272,998, up from £272,226 in October. Continue reading...