Proposal of $9 Billion to Settle Legal Claims Regarding Severe Health Hazards of Talcum Powder Raises Wider Issues
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Proposal of $9 Billion to Settle Legal Claims Regarding Severe Health Hazards of Talcum Powder Raises Wider Issues

The giant pharmaceutical company Johnson & Johnson has recently proposed paying $ 8.9 billion to settle thousands of legal cases relating to severe health problems including ovarian cancer being caused by its talcum powder products in North America.

Why China Can’t Pull the World Out of a New Great Depression
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Why China Can’t Pull the World Out of a New Great Depression

The prospect of the Chinese economy being a growth locomotive to lift the rest of the world from looming depression is virtually nil at this point. The massive BRI is mired in massive loans to countries unable to service the debt. Attempts to boost domestic China growth by relying on a consumer boom are also presently doomed.