Bayer has offered $7.25 billion to settle a long-running legal battle in the US over claims that its Roundup weedkiller causes cancer, according to BBC Business. The proposed settlement, announced Tuesday, is part of a broader effort by the German biotech giant to resolve the litigation that has weighed on the company since its acquisition of Monsanto, the American maker of the herbicide.
The settlement, if approved by a judge, would resolve claims related to Roundup, for which Bayer has already paid approximately $10 billion. According to BBC Business, the company maintains that the product is safe and the latest settlement has support from several key plaintiffs' groups. Bill Anderson, chief executive of Bayer, was not quoted in the provided source material.
In other news, the United States and Iran have reached an understanding on "guiding principles" after fresh talks on Tehran's nuclear capabilities in Geneva, Switzerland, according to Sky News. Iranian Foreign Minister Abbas Araghchi stated that while an agreement may not be reached soon, the "path has started." Oman's foreign minister, Badr Albusaidi, described the talks as "constructive" and noted that "good progress" had been made.
Also on Tuesday, US forces launched strikes on three alleged drug smuggling boats in the eastern Pacific and the Caribbean, resulting in the deaths of 11 people, as reported by Sky News. US Southern Command confirmed the operation, stating that "intelligence confirmed the vessels were transiting along known narco-trafficking routes and were engaged in narco-trafficking operations."
Meanwhile, a Syrian government official told Sky News that the al Hol camp in northeastern Syria, which housed tens of thousands of women and children linked to ISIS, is now largely emptied due to escapes after the state took control of the site. The official acknowledged that escapes continued after the government took control of the camp.
Finally, France released an oil tanker suspected of belonging to Russia's sanctioned "shadow fleet" after its owner paid a fine worth millions of euros, Euronews reported. The vessel, named the Grinch, was seized in the Mediterranean Sea on January 22nd on suspicion of violating sanctions against Russia. The tanker had set sail from Murmansk in northern Russia and was flying under a false Comoros flag, according to French authorities.
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