International News Roundup: Child Abuse Charges in Australia, Economic Woes for Wegovy Maker, and Political Tensions in Uganda
An Australian man was charged with hundreds of child abuse-related offenses, while the maker of Wegovy warned of "painful" price cuts, and a Ugandan opposition leader remained in hiding amid escalating tensions.
In Australia, a 27-year-old man was charged with 596 child-abuse related offenses against 459 victims in Australia and 15 other countries, according to Queensland police (BBC World). The man, who had been in custody since February, "actively targeted" children on social media and gaming platforms, police said (BBC World). Authorities discovered more than 23,000 videos and images of the alleged abuse on his electronic devices. Detective Acting Chief Superintendent Denzil Clark noted that the "volume" of images and videos meant the identification process required significant "time, skill and commitment" (BBC World).
Meanwhile, Novo Nordisk, the Danish company that manufactures Ozempic and Wegovy, experienced an 18% plunge in shares after its chief executive warned of impending difficulties due to steep price cuts (BBC Business). Chief Executive Maziar Mike Doustdar described the pricing pressures as "unprecedented" and "painful" (BBC Business). The company reported that it expected profits and sales to fall by as much as 13% (BBC Business). Novo Nordisk attributed the situation to a deal made with its rival Eli Lilly and former US President Donald Trump to lower the cost of weight-loss drugs for Americans (BBC Business). The company had already announced thousands of job cuts amid warnings of increasing competition (BBC Business).
In Uganda, Bobi Wine, the country's most prominent opposition figure, remained in hiding nearly three weeks after a disputed election (The Guardian). Wine fled what he described as a night raid on his home by police and military (The Guardian). His whereabouts have been unknown since (The Guardian). The situation has been further complicated by a high-stakes social media feud with the country's military chief (The Guardian). Following the election, Wine alleged mass fraud and called on supporters to protest (The Guardian).
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