Category: Politics and Government

Medicare Begins to Rein In Drug Costs for Older Americans

The New York Times – Business:
Reforms embedded in the Inflation Reduction Act will bring savings to seniors this year. Already some lawmakers are aiming to repeal the changes.
A United Europe Weathers Crises, but Deeper Challenges Remain

The New York Times – Business:
Differences on NATO and E.U. enlargement, energy and climate, and relationships with the United States, China, Russia and Ukraine will prime Davos talks.
As Humanitarian Crises Escalate, So Do Demands to End Them

The New York Times – Business:
David Miliband, head of the International Rescue Committee, says the global refugee crisis “is manageable, not insoluble.”
U.S. Will Hit Debt Limit Jan. 19, Yellen Tells Congress

The New York Times – Business:
The Treasury Department expects to begin taking “extraordinary measures” to continue paying the government’s obligations ahead of what’s expected to be a big fight to raise the borrowing cap.
U.S. Deficit Fell to $1.4 Trillion in 2022

The New York Times – Business:
Borrowing remained elevated last year as spending fights loom in a divided Congress.
From Disciplinarian to Cheerleader: Why China Is Changing Its Tone on Business

The New York Times – Business:
With the economy in a fragile state, Chinese officials are starting to use more business-friendly language, and also to back their words with action.
Blake Hounshell, ‘On Politics’ Editor at The Times, Dies at 44

The New York Times – Business:
He was managing editor of Foreign Policy magazine and a top editor at Politico before overseeing The Times’s popular political newsletter.
French Government Unveils Plan to Raise Retirement Age to 64

The New York Times – Business:
President Emmanuel Macron is focusing on cutting costs in France’s pension system, but labor unions, which fiercely oppose the measure, have promised a showdown.
Why Are Energy Prices So High? Some Experts Blame Deregulation.

The New York Times – Business:
California and the 34 other states that have deregulated all or parts of their electricity system tend to have higher rates than the rest of the country.
Dubai Suspends Alcohol Tax as Regional Competition Heats Up

The New York Times – Travel:
Lower-cost liquor could help the emirate keep its edge over neighbors like Saudi Arabia and Qatar as the Middle East’s hub for leisure and business.
U.K. Rail Strike May Scuttle Post-Holiday Plans to Return to Work

The New York Times – Business:
Public sympathy for striking nurses and other health workers is particularly strong, posing a challenge for Prime Minister Rishi Sunak, who has promised to confront trade unions.
China’s Young Elite Clamber for Government Jobs. Some Come to Regret It.

The New York Times – Business:
With youth unemployment high, millions will take this month’s Civil Service exam. But for those who get jobs, the reality can be monotonous work that blurs the line with personal lives.