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India Lifts Ban on Hydroxychloroquine to the U.S. as Confusion Mounts Around Trump’s Investment in a Major HCQ Company

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  • India will now partially lift a hydroxychloroquine ban after it said Saturday that it would enact that ban to keep domestic stores from depleting.
  • The ban reportedly cut off nearly half of the United States’ supply of hydroxychloroquine, and Monday night, President Donald Trump threatened to retaliate.
  • Also regarding hydroxychloroquine, #Sanofi trended on Twitter Tuesday after the New York Times reported that Trump had a “small” investment in the company, which makes the drug.
  • Despite many online believing this to be a major cash grab by the president, those holdings are likely less than $1,000.

India Agrees to Export Limited HCQ

Hours after President Donald Trump threatened retaliation, India lifted its recent ban on all hydroxychloroquine exports as demand for the drug surges.

Late last month, India implemented a partial ban on hydroxychloroquine exports; however, it said it would still honor existing contracts and certain shipments on humanitarian grounds on a case-by-case basis. On Saturday, India took that measure one step further by implementing a total ban on hydroxychloroquine exports. 

The move was reportedly an attempt to protect domestic stocks, especially as hydroxychloroquine gains attention all over the world. 

“Like any responsible government, our first obligation is to ensure that there are adequate stocks of medicines for the requirement of our own people,” a spokesperson for India’s Ministry of External Affairs said.

India is one of the world’s largest pharmaceutical producers and is a major manufacturer of hydroxychloroquine.

As of Tuesday, it has recorded just over 5,100 cases of COVID-19, according to John Hopkins University. That’s compared to India’s massive population of 1.3 billion. While the number of infected people is likely already much higher than what’s being reported, India is also bracing for a potential surge.

The Trump Administration has heavily promoted hydroxychloroquine despite reservations from doctors wanting to make sure it’s safe and effective first. Still, the U.S. has been preparing by stockpiling the drug. Part of that has included buying it from India; however, that ban reportedly cut off half of the U.S. supply of hydroxychloroquine.

On Saturday, the same day as that total ban, Trump said he had spoken with Indian Prime Minister Narendra Modi and had appealed for the release of shipments the US has already ordered. Trump also noted that India was giving the request “serious consideration.”

By Monday night, Trump ramped up that pressure, saying, “I spoke to him Sunday morning, called him, and I said we’d appreciate your allowing our supply to come out. If he doesn’t allow it to come out, that would be OK, but of course, there may be retaliation. Why wouldn’t there be?” 

Hours later, India announced that it had enough hydroxychloroquine pills for a domestic supply and that it would partially lift the drug’s export ban.

“Given the enormity of the COVID19 pandemic, India has always maintained that the international community must display strong solidarity and cooperation,” the spokesperson for India’s Ministry of External Affairs said.

“In view of the humanitarian aspects of the pandemic, it has been decided that India would licence paracetamol and HCQ in appropriate quantities to all our neighbouring countries who are dependent on our capabilities.”

“We will also be supplying these essential drugs to some nations who have been particularly badly affected by the pandemic,” he added, though he didn’t refer to Trump or the U.S. specifically. “We would therefore discourage any speculation in this regard or any attempts to politicise the matter.”

Trump’s “Small” Stake in Sanofi 

Hydroxychloroquine also made headlines Tuesday after a report from The New York Times led to confusion about Trump’s investment in a company that makes the drug.

“If hydroxychloroquine becomes an accepted treatment, several pharmaceutical companies stand to profit, including shareholders and senior executives with connections to the president,” the article about Trump’s aggressive advocacyfor the drug mentioned several paragraphs down.

“Mr. Trump himself has a small personal financial interest in Sanofi, the French drugmaker that makes Plaquenil, the brand-name version of hydroxychloroquine.” 

“As of last year, Mr. Trump reported that his three family trusts each had investments in a Dodge & Cox mutual fund, whose largest holding was in Sanofi,” the article read several more paragraphs lower. 

#Sanofi then began trending on Twitter, with many people believing that Trump stood to gain serious cash from his investments in Sanofi. 

“1. Trump is relentlessly pushing hydroxychloroquine for #COVID19,” one person tweeted. “2. Sanofi manufactures the brand-name version of hydroxychloroquine. 3. Just guess what comes next…”

Others were angry at the New York Times because these investments weren’t the focus of the article. Because of that, they accused the New York Times of burying the lede.

However, it seems The New York Times might have put that mention so low for a reason. According to Business Insider headline on the situation, “Trump has a distant financial link to a pharma giant that makes the drug he’s been pushing to fight COVID-19 — but it’s probably worth less than $1,000.”

Business Insider then goes on to explain that each of Trump’s three family funds are valued between $1,000 and $15,000. Those funds are managed by JP Morgan, with Trump not providing any input.

According to data from December, those funds have Sanofi holdings at 2.9%. Using that information, Business Insider then calculates that at most, Trump has an investment of $1,305, and at minimum, his investment is $87. 

Even though The New York Times calls it a “small” investment, such a number is probably a lot less than most people would imagine. Without seeing any extra context, however, those lines from The New York Times likely led many to believe that Trump has been touting hydroxychloroquine as a business move. 

See what others are saying: (The Wall Street Journal) (The Guardian) (Business Insider)

International

200 Children Seeking Asylum in the U.K. Are Missing 

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The missing include at least 13 children under the age of 16. 


Children Missing From Hotels

There are 200 asylum-seeking children missing from government care in the United Kingdom according to the parliamentary undersecretary of state at the Home Office.

When children are seeking asylum in the U.K. alone or separated from their parents, the government puts them up in hotel rooms for temporary accommodation. They have done so since 2021 and have temporarily accommodated 4,600 children in that time. However, Simon Murray, the parliamentary undersecretary of state at the Home Office, said that 200 of the children placed in those hotels are missing, including at least 13 who are under the age of 16.

In response to this information, a collection of more than 100 charities sent a letter to the Prime Minister demanding the end of the procedure of placing kids in hotels over safety concerns. The letter says that these children are at risk of trafficking and exploitation by staying in these hotels alone.

Other officials have echoed these concerns, claiming these hotels are targets for organized crime where people use these vulnerable children for labor or trafficking.

Parliament Calls Incident “Horrific”

Murray told the House of Lords on Monday that despite the media reports, his department does not know of any kidnapping cases, though they are investigating. He went on to say there are many reasons why children go missing. 

However, lawmakers were not appeased by Murray’s assurances. In a later debate, one member of Parliament called the missing cases “horrific” and another said that it was “putting children at risk.”  The children’s commissioner for England also reportedly chimed in asking for, quote “assurances on the steps being taken to safeguard the children.” 

Murray went on to say that the use of hotels for asylum-seeking children will hopefully be phased out as soon as possible but did not give a timeline. 

The nonprofit Refugee Council called on the government in a tweet to spare no expense in the location of these missing kids.

See what others are saying: (Washington Post) (The Guardian) (The Telegraph)

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International

100,000 U.K. Nurses Launch Biggest Strike in NHS History

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Opposition leader Keir Starmer called the strike “a badge of shame on this government.”


The NHS Grinds to a Halt

Some 100,000 members of the Royal College of Nursing (RCN), the United Kingdom’s largest nursing union, launched a historic 12-hour strike Thursday after the government refused to negotiate on higher pay.

The work stoppage, which spans England, Wales, and Northern Ireland, is only the second in the RCN’s 106-year history and the largest the NHS has ever seen. It marks the breaking point for many underpaid nurses and the culmination of a years-long decline in the NHS’s quality of care, put under increasing stress by severe staffing shortages.

Although most NHS staff in England and Wales received a pay rise of around £1,400 this year, worth about 4% on average for nurses, they say it has not kept up with inflation as Britain plunges deeper into a cost-of-living crisis.

When inflation is accounted for, nurses’ pay dropped 1.2% every year from 2010 to 2017, according to the Health Foundation.

Meanwhile, the number of patients waiting for care has reached a record 7.2 million in England, or over one in eight residents, more than double what it was seven years ago.

In July, the cross-party Commons Health and Social Care Select Committee estimated the staffing shortfall could be as high as 50,000 nurses and 12,000 doctors, what one MP called the “greatest workforce crisis in history.”

Many nurses argue that boosting pay will help hospitals recruit more staff.

The RCN demanded a pay raise 5% above the retail rate of inflation, which amounts to a 19% increase, but both Prime Minister Rishi Sunak and the government’s health secretary have claimed that’s not affordable.

During Thursday’s strike, partial staffing continued to remain open for urgent care such as chemotherapy, kidney dialysis, and children’s accident and neonatal units.

Sunak and Starmer Brawl in Parliament

Labor leader Keir Starmer grilled Sunak during Wednesday’s Prime Minister’s Questions (PMQs) on the upcoming strike.

“Tomorrow will be the first-ever nationwide nurse’s strike,” he said. “All the Prime Minister has to do to stop that is to open the door and discuss pay with them. If he did, the whole country would breathe a sigh of relief. Why won’t he?”

“We have consistently spoken to all the unions involved in all the pay disputes that there are,” Sunak replied. “Last year, when everyone else in the public sector had a public sector pay freeze, the nurses received a three-percent pay rise.”

Starmer fired back: “Nurses going on strike is a badge of shame for this government. Instead of showing leadership, he’s playing games with people’s health.”

Sunak called Starmer’s demand that he reopen negotiations with the RCN “just simply a political formula for avoiding taking a position on this issue.”

“If he thinks the strikes are wrong, he should say so,” Sunak said. “If he thinks it’s right that pay demands of nineteen percent are met, then he should say so. What’s weak, Mr. Speaker, is he’s not strong enough to stand up to the union.”

While Starmer has called on Sunak to negotiate with the RCN, he has not explicitly backed the 19% pay raise himself.

Unless the government returns to the bargaining table, the RCN plans to launch a second round of strikes on Dec. 20 to be followed by ambulance strikes that Wednesday and the next.

If the government still refuses to budge, the union said in a statement that nurses will strike for longer periods in more places starting in January, disrupting more health services.

Other industries are also set to see work stoppages this month, including workers on railways, buses, highways, and borders, as well as teachers, postal workers, baggage handlers, and paramedics.

See what others are saying: (BBC) (CNN) (The Guardian)

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International

Fortnite Developer Sued By Parents for Making the Game as “Addictive as Possible”

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One child mentioned in the lawsuit played over 7,700 rounds of Fortnite in two years.


Epic Games Sued 

A Quebec City judge recently approved a 2019 class-action lawsuit accusing Fortnite developer Epic Games of deliberately making Fortnite addictive.

The parents who brought forward the lawsuit claim their children have become so obsessed with the game that in some cases, they’ve stopped eating, showering, or socializing. The lawsuit claims that these kids have played thousands of games since Fortnite’s release in 2017. In one example, a teenager played over 7,700 games in less than two years. 

If the lawsuit succeeds, players addicted to Fortnite living in Quebec since September 2017 could receive compensation. The plaintiff’s attorney, Philippe Caron, reports that over 200 parents outside the lawsuit have reached out to him, saying their child’s well-being has diminished since downloading Fortnite. He told The Washington Post that they are very confident about their case. 

Epic Games Responds

“We plan to fight this in court,” Natalie Munoz, a spokesperson for Epic Games said to The Post, “We believe the evidence will show that this case is meritless.” 

Munoz also said that Fortnite does allow parents to supervise their child’s playtime and require permission for purchases.

The parents involved in the lawsuit are claiming that they were not aware of the dangers playing Fortnite could pose for their children. 

“If she had been informed by the defendants of the risks and dangers associated with the use of FORTNITE,” the lawsuit says of one guardian. “She would have categorically refused to allow the game to be downloaded.” 

See what others are saying: (BBC) (The Washington Post) (Deadline

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