Over the last week, Chinese stocks have fallen dramatically. Of course, other markets have had substantial drops over-generalized risk-off moves around the war in Ukraine. The drama of the war has overshadowed a lot of financial markets. The situation in China could have been dismissed as another manifestation of the consequences of geopolitics. However, China […]
As readers would know, the TRIPS Waiver proposal at the WTO regarding Covid vaccines and treatment, has been discussed ad-nauseum for more than a year now, with very little actual progress. Roshan John brings us an interesting update from a closed-door discussion between EU, India, South Africa and the United States, based on some leaked text that appears to be a draft document outlining a potential compromise / way forward. Roshan is a lawyer and works on trade and intellectual...
BMW and Volkswagen AG, which depend on exports to bolster sales in the United States, report they are facing shortages of critical components made in Ukraine, now the midst of a deadly conflict with Russia, slowing production at the group’s key assembly plants in Germany, reports TheDetroitBureau.com.
A proposed compromise in World Trade Organization talks to waive intellectual property rights for COVID-19 vaccines is being criticized from all sides, with pharmaceutical and business groups saying it threatens medical innovation, and public health groups assailing the plan as not going far enough.
The Office of the U.S. Trade Representative has confirmed that there has been a "compromise reached between the four major players in discussions to waive intellectual property rights for COVID-19 vaccines.
A year and a half ago Netflix released The Social Dilemma, a docu-drama that dug into the harmful consequences of social media. Think political polarization, the spread of misinformation, and upticks in anxiety and depression across multiple demographics. Tristan Harris, a former Google design ethicist and co-founder of the Center for Humane Technology, is a […]
As the pandemic slowed down and more vaccines are rolling up, we are finally seeing live events making a comeback, and with some surprising technology like face id too! One of the world’s most prominent entertainment producers, ASM Global embraces facial verification payments for some of its biggest event venues (1). The launch came as […]
Macau health officials say the Chinese Special Administrative Region (SAR) has hit a major COVID-19 vaccination milestone, with 80% of the enclave population now fully inoculated against the coronavirus. Macau’s Novel Coronavirus Response and Coordination Center announced yesterday that more than eight in 10 residents have received the needed number of government-approved COVID-19 vaccine doses […]
To much of the world, it seemed like the Covid-19 vaccines were whipped up in less than a year—an amazing feat of science and biotechnology if ever there was one. While the vaccines did get fast-tracked through clinical trial and regulatory approval phases, the truth is that the technology behind the Pfizer and Moderna vaccines—mRNA—had […]
LATAM Airlines Group announced its financial results for the fourth quarter of 2021 today, which show continuous improvement in air traffic levels as a result of the easing of travel restrictions, and the progress of vaccinations. During the last quarter, total operating income reached US$1,995.9 million, 30.5% below 2019 levels, but 51.9% higher than the […]