Word: costs
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Meanwhile, Japanese consumers are faced with a mixed bag. The slight appreciation of the currency helps in capping the rising cost of food and fuel, which have both become concerns due to price inflation. But because dollar-based profits from overseas will drop, corporations could cut back on capital investment and employment, which will have a spillover effect on households. "The negatives outweigh the positives," says Masafumi Yamamoto, head of foreign exchange strategy for Japan at Royal Bank of Scotland...
...findings may in the end offer more cost-saving potential - and raise more interesting questions - in developed nations, including the U.S., where medical costs have spiraled upward in the last two decades. Neither doctors nor patients may want to drop cholesterol testing altogether - more information is better, especially when the consequence of missing a diagnosis is heart attack - but there is still a practical lesson to be learned. "I think in the U.S. we might use this as an initial test," Gaziano says. "We can at least narrow the group of people for whom we need to screen cholesterol." Those...
...that heart-disease risk factors are rapidly becoming more common worldwide, even in sub-Saharan Africa, where infectious disease remains a big killer. In theory, African doctors should be among those who benefit most from the new paper's findings. In resource-poor settings, saving the $1 to $3 cost of a lab blood test (in the U.S. it costs $10, according to the Lancet paper) would certainly be meaningful - but that's assuming the tests were being performed to start with. The real savings are difficult to calculate, in large part because the populations most likely to benefit from...
...reality is that some developing countries spend as little as $30 a year per person in health care costs; the rich world spends thousands. For patients in low- and middle-income countries, meaningful costs also include the cost of taking time off work to take the test, then traveling back to the clinic for the results. For those reasons, the World Health Organization's current guidelines for assessing cardiovascular disease risk where lab resources are scarce have already dropped the cholesterol testing...
...time-tested process of buying votes. It is an especially formidable weapon in the south, where high unemployment is so endemic that many ambitious young people emigrate to the more prosperous north or abroad. When I was a kid in the 1980s, an individual's vote tended to cost more than it does today. It might have been worth a job at the post office, say, or in public administration or a school or hospital. By the time I grew up, votes were typically sold for far less: telephone and electricity bills paid for the two months before...