DIRS.INFO The most relevant business & tech news

☆ Opinion | Should Alcohol Labels Warn of Cancer Risks?
▼ + stars: | 2024-04-21 | by ( ) www.nytimes.com time to read: +1 min

To the Editor:Re “A Debate Over Cancer Warning Labels on Alcohol” (Science Times, April 9):This article does an admirable job of spotlighting efforts around the world to require cancer warnings on alcohol. In fact, similar efforts to improve alcohol labeling are gaining traction in the U.S.Just last month, U.S. regulators held listening sessions about including ingredients, nutritional information and allergen labeling on alcoholic beverages. And in 2020, a coalition of seven health advocacy groups petitioned the U.S. government to adopt a cancer warning label. U.S. law directs regulators to consult with the surgeon general and “promptly” report to Congress when the need for an amendment to alcohol warnings arises. But more than seven years have passed since the surgeon general proclaimed a link between alcohol and cancer with no action from the Treasury Department’s Alcohol and Tobacco Tax and Trade Bureau, which regulates most alcohol products.

Persons: “ Organizations: Science Times, Treasury, Alcohol, Tobacco Tax, Trade Bureau Locations: U.S, Ireland, Thailand, Canada

☆ Dry January is over, but are ‘sober drinks’ a healthy way to keep it going?
▼ + stars: | 2024-02-01 | by ( Amanda Musa | ) edition.cnn.com time to read: +10 min

Dry January “was the perfect eye-opener.”Now sober, Montejano has adopted several tactics to keep herself on track: talking to a therapist, journaling and drinking nonalcoholic beverages like mocktails. By comparison, a 12-ounce glass of beer contains about 5% alcohol, according to the CDC. “The nonalcoholic beverages have a lot of the cues that are associated with real alcoholic beverages,” she said. “Are you reaching those goals with nonalcoholic beverages?” she said. Ultimately, going sober can have social ramifications, so it’s important to surround yourself with people who can support you.

Persons: Corrina Montejano, Montejano, “, ”, Ginger Hultin, nonalcoholic, Hilary Sheinbaum, Molson Coors, ” Sheinbaum, Hultin, Dr, Lara Ray, Dana Ellis Hunnes, you’re, Hunnes, Ray, they’re, Sanjay Gupta, I’ve, ’ ”, “ You’ve, Journaling, ” Montejano Organizations: CNN, US Centers for Disease Control, Heineken, Molson, US Department of, Tobacco Tax, Trade Bureau, UCLA, World Health Organization, ” WHO, UCLA Medical Center, US Food and Drug Administration, mocktails, CNN Health Locations: San Francisco, Seattle

☆ Health Experts Decry New Zealand's Scrapping of World-First Tobacco Ban
▼ + stars: | 2023-11-27 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +2 min

LONDON (Reuters) - Health and tobacco campaigners said on Monday that New Zealand's plan to repeal laws that would ban tobacco sales for future generations threatened lives and put international efforts to curb smoking at risk. A ban on smoking for future generations was subsequently proposed in the United Kingdom, with other countries also considering similar rules. "This is major loss for public health, and a huge win for the tobacco industry – whose profits will be boosted at the expense of Kiwi lives," said Boyd Swinburn, co-chair of Health Coalition Aotearoa in New Zealand. Incoming Finance Minister Nicola Willis told New Zealand's Newshub Nation that the former government's measures would have significantly reduced tax revenues. Deborah Arnott, chief executive of UK health charity ASH, said that smoking costs public finances nearly double tobacco tax revenues.

Persons: Jan, Boyd Swinburn, Sarah Jackson, Nicola Willis, Deborah Arnott, ASH, Emma Rumney, Ed Osmond Organizations: Labour, Health Coalition Aotearoa, New Zealand's Department, University College London Tobacco and Alcohol Research, Incoming, New Locations: United Kingdom, New Zealand, England

☆ Big Tobacco turns to rooibos tea to counter upcoming ban
▼ + stars: | 2023-10-16 | by ( Emma Rumney | ) www.reuters.com time to read: +5 min

Tobacco companies have yet to publish any research showing the health implications of rooibos or other zero-tobacco sticks, Simonavicius added. PMI (PM.N) CEO Jacek Olczak told shareholders that its zero-tobacco sticks could avoid the regulatory scrutiny that tobacco products face. BAT's zero-tobacco sticks are not subject to current EU tobacco rules, the company told Reuters. That means it can sell rooibos sticks in flavours like peppermint and tropical fruit even after a ban on flavoured heated tobacco products is implemented across the bloc later this month. Across the European Union, heated tobacco products must be taxed at a minimum of 20% of the retail price, though national governments can go higher.

Persons: Erikas Simonavicius, Simonavicius, Philip Morris, Jacek Olczak, Jefferies, Owen Bennett, Bennett, Phil Gorham, Gorham, Fabienne, Morningstar's Gorham, Shabab, Emma Rumney, Matt Scuffham, Kirsten Donovan Organizations: Big Tobacco, British American Tobacco, Union, Tobacco, BAT, Reuters, King's College, King's College London . Tobacco, Philip Morris International, PMI, Rivals Imperial Brands, Japan Tobacco International, Morningstar, EU, Dunhill, Lucky, European Union, University College London . Tobacco, Thomson Locations: Cape, Germany, Greece, King's College London

☆ Australia to deliver first budget surplus in 15 years
▼ + stars: | 2023-05-08 | by ( Stella Qiu | ) www.reuters.com time to read: +2 min

SYDNEY (Reuters) - Australia is set to deliver its first budget surplus in 15 years on Tuesday, as its coffers bulge with tax windfalls from higher commodities prices and wages, giving it room to dole out cost-of-living relief amid an inflation squeeze on households. FILE PHOTO: Tourists walk around the forecourt of Australia's Parliament House in Canberra, Australia, October 16, 2017. REUTERS/David GrayHowever, fiscal challenges loom large with resource prices well off their peaks and the domestic economy slowing thanks to high interest rates. That is a huge turnaround from a projected deficit of A$36.9 billion in October, although underlying structural pressures are seen keeping the budget in the red in years ahead. “This will be a responsible Budget, which focuses on people doing it tough,” said Chalmers in an interview with ABC Radio on Monday.

☆ Australia pledges $10 billion in budget to ease cost of living
▼ + stars: | 2023-05-07 | by ( ) www.reuters.com time to read: +2 min

SYDNEY, May 8 (Reuters) - Australia's centre-left Labor government said on Monday it would include A$14.6 billion ($9.84 billion) over four years in the federal budget for cost of living relief for families and businesses, which it promised would not stoke inflation. The plan is designed to directly ease price pressures and inflation, the federal government said, which has eased in the first quarter but still sits near 30-year highs of 7.0%. "The centrepiece of the budget ... will be cost-of-living relief that doesn't add to inflation," Treasurer Jim Chalmers said in a statement, ahead of Tuesday's federal budget. We've carefully calibrated and designed this Budget so that it takes pressure off the cost-of-living rather than add to it." ($1 = 1.4830 Australian dollars)Reporting by Renju Jose in Sydney; Editing by Sam HolmesOur Standards: The Thomson Reuters Trust Principles.

Vaping involves heating a liquid that contains nicotine in an e-cigarette which is vaporized and inhaled by the user. “Vaping was sold to governments and communities around the world as a therapeutic product to help long-term smokers quit,” Butler said. “It was not sold as a recreational product – in particular not one for our kids. Vaping concerns across the worldResearchers have found links between nicotine addiction among adolescents and children as a result of increased vaping habits. Meanwhile, the United Kingdom is also tackling high-levels of youth vaping but is pushing it as an alternative to help long-term smokers quit.

☆ Gen Z is smoking and drinking less and that's cost the UK government $17 billion, says Bloomberg
▼ + stars: | 2023-03-26 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +2 min

Lower levels of smoking and drinking by Gen Z has affected the UK public finances, analysis suggests. Bloomberg estimates the UK missed out $11.4 billion in tobacco tax and $5.7 billion in alcohol tax since 2002. Calculations by Bloomberg indicates that the UK has missed out on £9.3 billion ($11.4 billion) from tobacco taxes and £4.7 billion ($5.7 billion) in alcohol duties had revenues remained steady since 2002. This year, the Office for Budget Responsibility (OBR) expects the UK government to take in £12.6 billion ($15.4 billion) in alcohol duties and £10.7 billion ($13.1 billion) in tobacco taxes. Alcohol-related harm is estimated to cost the National Health Service (NHS) in England £3.5 billion ($4.3 billion) a year.

☆ BOJ may unwind ultra-easy policy in 2023, nearly half of economists say- Reuters poll
▼ + stars: | 2022-12-19 | by ( Kantaro Komiya | ) www.reuters.com time to read: +4 min

TOKYO, Dec 19 (Reuters) - The Bank of Japan (BOJ) could unwind its ultra-loose monetary policy between March and October next year, according to almost half the economists in a Reuters poll on Monday, much sooner than predicted in previous projections. Of 26 economists polled, 11 expect the central bank will unwind its ultra-loose policy between March and October, the Dec. 8-15 poll found. Half, or 13, said the BOJ wouldn't scale back until 2024 or later and two still expect the next move to be more easing of policy. The most common means tipped by analysts for the BOJ to unwind stimulus would be a tweak to its forward guidance, according to 15 respondents. DEFENCE WITHOUT DEBTAsked about how Japan's defence budget spending increase would ideally be funded, nine of 20 economists chose tax hikes.

The draft annual tax-code revision seen by Reuters is expected to be approved by Kishida's cabinet on Friday. read moreUnder his flagship initiative aimed at redistributing income, Prime Minister Fumio Kishida has sought to shift Japan's 2,000 trillion yen ($14.52 trillion) in household assets away from savings and into investment. As part of this initiative, the government will make permanent a programme that offers tax breaks for households' stock investments. "It will be implemented at "an appropriate time" from 2024 onwards," LDP tax panel head Yoichi Miyazawa told reporters on Thursday. Tobacco tax will be also raised in stages by 3 yen per cigarette, the draft showed.

☆ Factbox: Japan tax reform to target low-emission cars, shift to investment
▼ + stars: | 2022-12-16 | by ( ) www.reuters.com time to read: +2 min

TOKYO, Dec 16 (Reuters) - Japan will extend tax breaks on low-emission cars and seek to shift its massive household savings into investment in the government's annual tax code revision to be approved on Friday. Below are key changes under the revised tax code, according to a draft of the document obtained by Reuters. As part of this initiative, the government will make permanent a programme that offers tax breaks for households' stock investments. CAPITAL GAINS TAXThe capital gains tax rate is uniform across income brackets in Japan, unlike the income tax, which is progressive. Profits from the sale of start-up shares will be exempt from income tax if they are reinvested in other venture businesses.

☆ Conservative policies linked to higher mortality, except regarding marijuana
▼ + stars: | 2022-10-27 | by ( Aria Bendix | Aria Bendix Is The Breaking Health Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +6 min

Conservative state policies regarding the environment, gun safety, labor, taxes and tobacco have been associated with higher mortality rates among working-age people relative to liberal policies, new research found. Conservative policies did the opposite. The link between liberal marijuana policies — such as legalization and access to medical cannabis — and higher mortality was also unexpected, Montez said. By contrast, if all had adopted the most conservative policies, nearly 218,000 more working-age people might have died. Warraich's own research has shown that death rates in counties that voted for Democrats in presidential elections fell 22% between 2001 and 2019, while death rates in Republican-voting counties declined by just 11%.

Search resuls for: "Tobacco Tax"

12 mentions found