World Economic Fuck'em

A flurry of Israeli strikes on Friday and into Saturday, centered in the Bekaa Valley in the eastern Lebanon, have left at least 12 people dead and over 30 others wounded, including a large number of civilians. At least three children were reportedly among the casualties. The strikes in Bekaa Valley struck what is described […]

The last Israeli invasion of Lebanon “ended” in November 2024 with a ceasefire, and since that ceasefire went into effect, Israel has launched over a thousand attacks on Lebanese territory. Those strikes are continuing to grow in intensity in recent months, and this weekend alone, major attacks killed a dozen people in Lebanon and wounded […]

"Worst-Case Scenario": Novo Nordisk Plunges After Next-Gen Obesity Drug Falls Short Of Lilly Rival Shares of Novo Nordisk A/S plummeted again on Monday after the company reported trial results showing its next-generation obesity shot, CagriSema, delivered 20.2% weight loss at 84 weeks, compared to 23.6% for Eli Lilly & Co.’s tirzepatide (Zepbound). Bloomberg Intelligence analyst Michael Shah explained, "This outcome is the worst-case scenario for Novo and heightens the need for M&A with Novo’s other GLP-1/Amylin drug." Shares of Novo in Copenhagen plunged as much as 16.5%, breaking below a support level...