US unveils tougher electric car tax credit rules, effective April 18

WASHINGTON, March 31 (Reuters) – The US Treasury Department on Friday unveiled stricter electric vehicle tax rules that will reduce or eliminate tax credits on some zero-emission models but give buyers another two weeks before the new requirements take effect. The rules are designed to wean the United States from reliance on China for EV … Read more

Infant syphilis cases are skyrocketing in Canada amid health care failures

TORONTO, March 31 (Reuters) – The number of babies born with syphilis in Canada is rising much faster than in the United States or Europe. the public health system for indigenous peoples. While syphilis has seen a global resurgence in the past five years, Canada is an outlier among wealthy nations in terms of its … Read more

As weight loss drugs enter the US market, doctors debate their use

30 March (Reuters) – As powerful new anti-obesity drugs hit the US market, medical associations are eager to advise their members on how best to use them for patients. That’s where the debate begins. Some specialists advocate the wide use of drugs such as Novo Nordisk’s (NOVOb.CO) Wegovy, in addition to a healthy diet and … Read more

Manchin threatens to sue US Treasury over EV tax credit rules

WASHINGTON, March 29 (Reuters) – Senate Energy Committee Chairman Joe Manchin said on Wednesday he could go to court after the US Treasury Department released guidelines on battery procurement for electric vehicle tax credits later this week. “If it goes off the rails” and goes against the intent of climate legislation passed in August, “I … Read more

U.S. battery sourcing guidelines to cut some EV tax credits — official

WASHINGTON, March 29 (Reuters) – The long-awaited guidance from the US Treasury Department regarding battery procurement requirements for electric vehicle tax credits expected by Friday will result in fewer vehicles receiving full or partial credits, a US official told Reuters. In December, the Treasury Department decided not to release its proposed battery procurement guidelines until … Read more

Exclusive: The WHO is considering adding drugs for obesity to the list of ‘essential’ medicines

LONDON, March 29 (Reuters) – Drugs that fight obesity could for the first time be included on the World Health Organization’s “list of essential medicines” used to guide government purchasing decisions in low- and middle-income countries, it said. UN agency to Reuters. A panel of WHO advisers will review new drug applications next month, with … Read more

Canada boosts clean tech investment in budget to compete with US

OTTAWA, March 28 (Reuters) – Canada on Tuesday sought to close its competitive gaps with the United States with a budget aimed at attracting investment into the low-carbon economy, including tax breaks for electric vehicle (EV) manufacturers and expansion of the power grid. The 2023-2024 fiscal document, delivered to the House of Commons, also includes … Read more

US and Japan sign trade deal on battery minerals for electric vehicles

WASHINGTON, March 28 (Reuters) – The United States and Japan on Tuesday announced a trade deal on battery minerals for electric vehicles that is essential to strengthening their battery supply chains and giving Japanese automakers wider access to a new $7,500 US EV tax credit. The swiftly negotiated agreement prohibits the two countries from imposing … Read more

Cryptoverse: Bitcoin passes bank stress test

21 March (Reuters) – As the crisis haunts the traditional world of stocks and bonds, bitcoin suddenly looks like a safe haven. The notoriously volatile cryptocurrency appears to be positively healthy and solid, just as a banking collapse drives markets into the arms of a recession. Bitcoin is up 21% this month, while a choppy … Read more

Vaccine makers make bird flu shot for humans ‘just in case’; wealthy nations lay down supplies

LONDON, March 20 (Reuters) – Some of the world’s leading makers of flu vaccines say they could make hundreds of millions of bird flu shots for humans within months if a new strain of bird flu ever jumps the species divide. A current outbreak of bird flu, known as H5N1 clade 2.3.4.4b, has killed a … Read more