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Israel Passes Last-Minute Spending for 2021 After Budget Failure


Israel Passes Last-Minute Spending for 2021 After Budget Failure
Bloomberg
12/29/2020
Ivan Levingston
© Bloomberg
Shoppers browses fresh produce at a stall in Carmel market ahead of a second nationwide lockdown in Tel Aviv, Israel, on Friday, Sept. 18, 2020. Israel’s cabinet voted to impose a second nationwide lockdown starting Friday to try to tamp down a raging coronavirus outbreak, brushing aside appeals from both a business world warning of economic strangulation, and the powerful ultra-Orthodox Jewish community.
(Bloomberg) Israel’s parliament has averted steep cuts to government spending next year despite its failure to pass a 2021 budget.
Legislation approved late Monday with the Finance Ministry’s support will allow the government to maintain the same level of spending authorized this year in the throes of the coronavirus crisis. In all, the 2021 budget will total 419 billion shekels ($130.2 billion). ....

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Walmart Accused in U.S. Lawsuit of Fueling Opioid Crisis


Walmart Accused in U.S. Lawsuit of Fueling Opioid Crisis
Bloomberg
12/22/2020
Jef Feeley and Matt Townsend
© Bloomberg
Shoppers wearing protective masks return to their vehicles outside a Walmart store in Duarte, California, U.S., on Thursday, Nov. 12, 2020. Walmart Inc. is scheduled to release earnings figures on November 17.
(Bloomberg) The U.S. government accused Walmart Inc. of fueling a nationwide opioid crisis by ignoring warnings from its own pharmacists that the chain wasn’t properly set up to screen painkiller prescriptions in violation of federal regulations.
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The complaint filed Tuesday in Delaware comes two months after the world’s largest retailer filed its own case in Texas accusing the U.S. of scapegoating Walmart for government failures in dealing with the crisis. More than 400,000 Americans’ deaths have been tied to legal and illegal opioid-based drugs over the last two decades. ....

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Walmart sued for allegedly fueling opioid crisis


Walmart sued for allegedly fueling opioid crisis
Irina Ivanova
© Callaghan O Hare/Bloomberg
Shoppers wait at Walmart pharmacy
The Justice Department is suing Walmart, alleging the country s largest retailer unlawfully dispensed controlled substances through its pharmacies and helped fuel the nation s opioid crisis.
In a civil complaint filed Tuesday, the federal government alleges that Walmart pressured its pharmacists to fill opioid prescriptions quickly, denying them the ability to refuse invalid prescriptions. As a result, the complaint alleges, those pharmacists knowingly filled thousands of prescriptions that came from pill mills, prescriptions for particular drug combinations widely abused, and prescriptions that other Walmart pharmacies had flagged as invalid. The latter meant that when a Walmart pharmacist recognized that a customer s prescription was invalid, the customer could simply shop around for another Walmart pharmacist o ....

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London Braces for Toughest Covid Restrictions From Next Week


London Braces for Toughest Covid Restrictions From Next Week
Bloomberg
12/10/2020
Emily Ashton and Kitty Donaldson
© Bloomberg
Shoppers walk along a temporarily pedestrianized Regent Street in London, U.K., on Saturday, Dec. 5, 2020. U.K. retail landlords are facing a hard reality: the rapid approval of a vaccine has come too late for thousands of their stores.
(Bloomberg) London is on course to be placed in the toughest tier of coronavirus restrictions next week after new data revealed the U.K. capital has the highest rate of cases in England.
Lawmakers were told in a government briefing that Covid-19 rates in the city are rising and compare badly with other regions currently in Tier 3, the top level of curbs, according to two people familiar with the meeting. ....

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