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Steven G. Morgan

Steve Morgan is an economist and professor of health policy at the University of British Columbia. His research focuses on policies to promote universal access to appropriately-prescribed, affordably-priced, and equitably-financed medicines. Dr. Morgan has published over 200 research papers, secured more than $4 million in peer-reviewed research grants, and received numerous awards for scholarship and policy impact. He is a trusted adviser to governments across Canada and internationally, and has served on several expert advisory committees for the World Health Organization.

Politicians come and go, but the clock is now ticking on long-promised pharmacare

Oct 12, 2023 07:14 am UTC| Politics

The sword of Damocles hangs over the Trudeau government as it prepares a pharmacare bill that must be passed this year to uphold its supply and confidence agreement with the NDP. This month might be the most crucial time...

Economy

Dollar Hovers Near Multi-Month Lows as Treasury Buybacks Rattle Markets

The U.S. dollar remained under pressure near multi-month lows on Monday as investors weighed the Treasury Departments decision to increase long-term bond buybacks, while awaiting fresh U.S. sanctions on Iran and key...

Oil Prices Retreat as Markets Await Tougher Iran Sanctions

Oil prices pulled back on Monday as traders locked in profits following two weeks of strong gains, while markets remained focused on looming U.S. sanctions against Iran and the risk of further supply disruptions in the...

Trump Vows Tougher Iran Sanctions as US Weighs New Economic Pressure

U.S. President Donald Trump has pledged to intensify economic pressure on Iran as Washington prepares measures that Treasury Secretary Scott Bessent says could be unprecedented. Bessent is scheduled to hold a press...

ING Says Yen Is 20% Undervalued Against Dollar

The Japanese yen remains roughly 20% undervalued against the U.S. dollar, according to ING analysts, who believe recent U.S.-Japan currency intervention and potential Bank of Japan policy changes could support a...

Canada Announces Dollar-for-Dollar Retaliation Against 50% U.S. Tariffs

Canada will impose retaliatory tariffs matching new U.S. trade duties dollar for dollar starting Sept. 8, Prime Minister Mark Carney said Saturday, escalating trade tensions after negotiations between the two countries...

Politics

North Korea Prepares More Troops for Russia, Seoul Says

North Korea is continuing preparations for a potential additional troop deployment to Russia, although there are currently no indications that forces will be sent imminently, according to an assessment from South Koreas...

Syria, Israel Resume US-Mediated Security Talks in Jordan

Syria and Israel held high-level, U.S.-mediated talks in Jordan on Sunday, seeking to reduce tensions following recent Israeli strikes on Syrian territory and revive negotiations toward a security agreement, Syrias state...

Raphael Glucksmann Launches 2027 French Presidential Bid

French centre-left politician Raphael Glucksmann officially launched his campaign for the 2027 French presidential election on Sunday, setting up a battle for leadership of the divided left as Marine Le Pen and the far...

Bessent Warns Iran as US Prepares Toughest-Ever Sanctions

U.S. Treasury Secretary Scott Bessent warned Iran of severe economic consequences as Washington prepares to unveil what he described as the toughest sanctions package ever imposed on a country. In an opinion piece...

Russian Drone Strike on Kryvyi Rih Mall Kills 16, Injures 130

At least 16 people were killed and more than 130 others wounded after Russian drones struck a shopping centre in Kryvyi Rih, central Ukraine, on Friday, according to Ukrainian authorities. President Volodymyr Zelenskiy...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Samsung Shares Tumble 8% as $79 Billion Return Plan Disappoints

Samsung Electronics shares plunged as much as 8% in early Monday trading after the South Korean technology giants record shareholder-return plan fell short of investor expectations, particularly over share buybacks and the...

SoftBank Plans Record $6.3 Billion Bond Sale to Fund OpenAI Investments

SoftBank Group is preparing to raise 1 trillion yen ($6.3 billion) through a retail bond offering as the Japanese technology conglomerate increases funding for its artificial intelligence investments, particularly its...

Alibaba Raises $10.2 Billion to Expand AI Infrastructure

Alibaba Group plans to raise HK$80 billion ($10.21 billion) through a new share placement as the Chinese technology giant accelerates investment in artificial intelligence and cloud computing. In a filing on Sunday,...

Nvidia AI Server Prices Set to Rise as Memory Costs Surge

Prices for servers powered by Nvidia artificial intelligence chips are expected to climb sharply as rising memory chip costs put additional pressure on the booming AI infrastructure market, according to a Bloomberg News...

29 US states are suing Meta. What might it mean for the rest of the world?

This week, a trial commenced in the United States that could drastically change how Facebook and Instagram operate globally. The trial in Oakland, which is expected to last six weeks, pits 29 US states against the two...