Saturday, March 4, 2023

How to cure obesity, worldwide

 

The Economist


Zanny Minton Beddoes
Editor-in-chief

With so much bad news around, it was a pleasure to run a cheerful cover story this week. Scientists have stumbled upon a weight-loss drug that actually seems to work. Or rather, a class of drugs called GLP-1 receptor agonists, sold under brand names such as Wegovy and Ozempic. TikTok influencers and Hollywood celebrities are obsessed with the injections, which have led in clinical trials to weight loss of around 15%. Eventually, the beneficiaries will be billions of people whose weight has made them unhealthy. This is no longer just a rich-country problem. By 2035 more than half the people on the planet will be overweight or obese, by one estimate. For now, the drugs are expensive, and their long-term effects are unknown. But competition—and bulk purchases by governments—will make them cheaper. And if careful monitoring finds no major side-effects, the drugs could help humanity win its long and hitherto futile fight against flab. 

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The world this week

Bola Tinubu, the candidate of the ruling All Progressives Congress, won Nigeria’s presidential election. International observers said that the vote “fell well short of Nigerian citizens’ legitimate and reasonable expectations” after polling stations opened late or did not open at all, and an electronic system for transmitting results did not work.

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Goldman Sachs held an investors’ day, its first in three years, amid grumbling from shareholders about the direction of the bank after a slump in profit last year. David Solomon, its chief executive, raised the possibility of selling parts of its lossmaking consumer services after it has finished scaling back the division. It has become clear “that we lacked certain competitive advantages” in the business, he said. Markets were left unimpressed by the presentation. Goldman’s share price fell after the event.

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