Amid growing concerns over high drug prices in the United States, the federal government has proposed reforms to address the cost of prescription medications. With American consumers paying significantly more compared to other developed nations, policymakers are considering measures aimed at reducing costs, improving transparency, and examining the role of middlemen in the drug pricing system.
globalEDGE Blog - Page 3
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While many tend to discount women’s pro sports, they are only continuing to grow in popularity and profitability. In 2024, the global revenue for women’s professional sports surpassed the billion-dollar mark for the first time in history.
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Businesses worldwide are handling trade differently due to trade finance technology. It speeds up processes, reduces paperwork, and saves businesses money. By 2025, nations like China and the United Kingdom are setting the standard for leveraging new technology to make trade easier.
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Video games have been a changing industry as new games are produced yearly, some leading up to innovating the scene. Recently, an article was posted on BBC about how games are beginning to cut down the time it takes to finish the game.
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Every year on March 17th, cities across the world turn green as millions gather to celebrate St. Patrick’s Day. St. Patrick’s Day wasn’t always the worldwide celebration it is today.
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The global housing market has been encountering a multitude of issues, including but not limited to price increases, government interventions, and disparities in economic conditions. Some countries around the world are showcasing strong resilience, while others are facing serious challenges.
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Every year, as winter gives way to warmer weather, millions of students and families pack their bags for spring break getaways, triggering an economic ripple that extends far beyond beaches and resorts. What began as a seasonal tradition in the United States has evolved into a global economic driver, generating billions of dollars in tourism revenue and boosting businesses that rely heavily on seasonal spikes in demand.
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Dubai has grown fast, attracting businesses, investors, and expatriates worldwide. While this has boosted the economy, it has created challenges like high housing costs, heavy traffic, and concerns over the balance between locals and expatriates. Dubai has become one of the most expensive places to live, making it difficult for middle-income residents to keep up.
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After U.S. President Donald Trump’s recent threats to withdraw military aid to Ukraine, European countries have continued to increase their military spending. The U.K., Germany, and Denmark have recently pledged to increase their military spending while Eastern European countries have already increased their spending.
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Streaming services are more significant than ever. By the summer of 2023, these services commanded 38% of television viewing, larger than traditional cable’s 31%.