Oct 1, 2019

WHO: Alcohol consumption in Russia fell by 43%

A man in Moscow looks at craft beer. Photo: Vasily Maximov/AFP/Getty Images

The World Health Organization said in a new report that alcohol consumption in Russia decreased by 43% per capita from 2003 to 2016, according to the BBC.

Why it matters: Russia, which has been considered one of the heaviest-drinking countries in the world, is simultaneously experiencing a significant rise in life expectancy as a result of the drop in alcohol consumption.

Details: The WHO attributed the decline in alcohol consumption to alcohol-control measures introduced under former President Dmitry Medvedev, including advertising restrictions and increased taxes.

  • Additionally, alcohol, including beer, can only be bought in shops or from delivery firms until 11 p.m.
  • Drinking alcohol on the street has been banned.
  • Russians are also actively adopting more health-conscious habits like their European and American counterparts.

By the numbers: Life expectancy in the country reached a historic peak in 2018, with men living an average of 68 years and women for 78 years. In the early 1990s, male life expectancy was just 57 years, according to The Guardian.

Go deeper: Drugs, sex and alcohol are losing their appeal for American teens

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Trump's New Jersey golf clubs threatened over liquor license

Donald and Melania Trump meet with business leaders at Trump National Golf Club in Bedminster, New Jersey on Aug. 7, 2018. Photo: Reuters/Leah Millis

New Jersey's attorney general is attempting to rescind the Trump National Golf Club's liquor license over a 2015 car wreck that allegedly resulted from the club over-serving alcohol to a guest, the Washington Post reports.

Why it matters: If one of President Trump's golf clubs loses its license, New Jersey law requires his two other clubs in the state to lose their ability to serve alcohol for two years. The loss could lead to a significant drop in revenue for the Trump Organization.

Go deeperArrowOct 24, 2019

Big Blue Cross health insurers call off merger

Cambia Health Solutions and Blue Cross Blue Shield of North Carolina have terminated their merger talks.

Between the lines: The deal derailed after Patrick Conway, BCBS of NC's former CEO and a former top Medicare official, allegedly hit another car while driving under the influence of alcohol, which led to his resignation.

Keep ReadingArrowOct 14, 2019

With incomes rising, IMF says peak energy consumption remains far off

People pass in front of the IMF building during the IMF and World Bank fall meetings in Washington, D.C., Oct. 15. Photo: Olivier Douliery/Contributor/Getty Images

The world is nowhere near reaching peak levels of energy consumption, judging by low income levels in some of the fastest-growing cities and countries around the globe, an International Monetary Fund panel indicated on Tuesday.

Driving the news: IMF researchers Christian Bogmans and Lama Kiyasseh found that once a nation’s average annual income reaches a certain level — $55,000 — the country hits what is called an energy saturation point, and thereafter, the growth of energy consumption begins to fall.

Go deeperArrowOct 15, 2019