The Sy Hersh effect: killing the messenger, ignoring the message

Hezbollah historically has fit in an unusual position in Lebanese politics, being a substantial Shi’ite political party as well as a substantial Shi’ite militia that was centered on resisting Israeli military intervention on Lebanese territory. Those statuses are coming into focus again as Israel ramps up its latest war against Lebanon. Lebanese Prime Minister Nawaf […]

Novo Nordisk Extends Slide After Announcing Price-Cuts For Blockbuster Obesity Drugs Novo Nordisk shares in Copenhagen can't catch a bid. The liquidation is accelerating again after a Bloomberg headline on Tuesday morning: the Danish drugmaker will slash U.S. list prices for Wegovy and Ozempic next year. The move suggests that the new CEO is pursuing market share amid intensifying competition in the GLP-1 space. Jamey Millar, Novo's head of U.S. operations, was quoted by Bloomberg as saying the company set a monthly price of $675 for its family of semaglutide drugs,...

The Iranian Red Crescent Society (IRCS) said on Tuesday that US and Israeli strikes have damaged or destroyed more than 82,000 “civilian units” in Iran since the war was launched on February 28. The IRCS said the targets hit included 62,440 residential units, 19,187 commercial buildings, 481 schools, 281 medical facilities, and 17 IRCS centers. […]