Browsing Tag

China

European Manufacturing Requires New Tactics Against Biden’s IRA

TL/DR - Swiss solar-panel manufacturer, Meyer Burger Technology AG, is shifting its operations to the US after shutting down its factory in Germany, due to competition from cheaper Chinese alternatives. The company raised $220.5 million for the move and cited Europe's "massive competitive disadvantages". The US was chosen as the preferred…

Medicaid Prescription Costs Rise Despite Less Usage

TL/DR - Despite lower utilization of prescription medications, Medicaid spending on prescription drugs has increased significantly, according to a recent report by the Kaiser Family Foundation (KFF). The study, based on data from 2016 to 2022, found that although the number of prescriptions per Medicaid enrollee decreased, net spending on…