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Showing posts from January 31, 2024

BREAKING NEWS !

The French government is being sued for failing to outlaw bottom trawling in Marine Protected Areas.

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The French government has been formally asked by the Environmental Justice Foundation (EJF) and Defense des Milieux Aquatiques (DMA) to address its noncompliance with EU and French regulations pertaining to bottom trawling, one of the most damaging fishing methods. These regulations are obviously broken by allowing this practice to continue in some of France's most biodiverse and endangered marine areas. The NGOs claim that this situation puts the long-term sustainability of the fisheries in jeopardy in addition to compromising the integrity of these places. Legal action will be taken in a French court if the government fails to appropriately respond to this formal request. The request specifically targets two maritime protected areas, Chausey and Bancs des Flandres, where bottom trawling is causing habitat destruction. A major factor in the decline of marine biodiversity is bottom trawling, which is the practice of dragging weighted nets across the seabed. It unintentionally captu

Health Care Service purchases Cigna's Medicare division for $3.3 billion.

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 Health Care Service purchases Cigna's Medicare division for $3.3 billion. Reuters, 8:25 p.m. on January 31, 2024                                                                                       Source reuters.com January 31 (Reuters) - Health Care Service Corp, an insurer, announced on Wednesday that it will pay $3.3 billion in cash to acquire Cigna's (CI.N), opens new tab Medicare business, which oversees government-sponsored health insurance for individuals 65 and older. Together with a business called CareAllies that collaborates with medical groups and other healthcare providers, Cigna's Medicare lines—which include Medicare Advantage, Medicare supplement, and Medicare prescription plans—are being sold. Cigna's approach to the industry, which it had entered with the $3.8 billion acquisition of HealthSpring in 2011, has changed as a result of the divestment. In five states across the country, Health Care Service is authorised to offer Blue Cross Blue Shield ins