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Donald Trump announced he will sign an executive order aiming to lower drug costs by tying Medicare prices for certain medications administered in doctor's offices to the lowest prices paid by other countries. This "most favored nation" policy, targeting drugs covered under Medicare Part B, seeks to address the disparity in U.S. drug prices compared to other nations.
HDFC AMC's Priya Ranjan suggests a "coexistence era" for ICE and EV technologies, with ICE vehicles maintaining dominance in commercial and entry-level segments. While EV growth is promising, infrastructure and cost parity remain challenges. Anticipated interest rate cuts in 2025 could stimulate financing-driven demand, particularly in rural markets and for commercial vehicles, potentially boosting entry-level vehicle sales.
The Philippines placed 74th out of 177 countries in the Global Education Futures Readiness Index (GEFRI) by Education Futures LLC. The index measures a country’s preparedness for the development of education by factoring in its performance in the dimensions of infrastructure, human capital, school access and gender parity, innovation, and governance. With a GEFRI score […]
In a significant shift, Hungary's gross wages growth has slowed to 7.8% in May 2025, marking a noticeable deceleration from the previous month's figure of 9.8% recorded in April 2025. This decline highlights a shifting economic landscape in the country, as data compiled on July 16, 2025, reveals.The year-over-year analysis indicates a measured slowdown in wage growth, with the current indicator for May reflecting a decrease compared to the same month from the previous year. The disparity between April and May's figures suggests possible implications for both employers and employees as they navigate the evolving wage environment.The moderation in wage growth could signify broader economic trends, possibly reflecting changes in labor market dynamics or adjustments in economic policies. As analysts and stakeholders dig deeper into these figures, understanding the root causes of this deceleration will be crucial for forecasting future wage trends and formulating responses to potential economic challenges in Hungary.The material has been provided by InstaForex Company - www.instaforex.com