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Inequity in access to Covid-19 vaccines abets second wave

Inequity in access to Covid-19 vaccines abets second wave Kaushik Basu More than one billion vaccine doses have now been administered worldwide, but vast disparities remain. As the second wave of the Covid-19 pandemic outstrips the severity of the first, a clear global bifurcation is emerging. The pandemic is abating, gradually and unevenly, across richer countries, but flaring up in several developing and emerging economies, most notably India, but also to varying degrees in countries such as Bangladesh, Pakistan, Turkey, the Philippines, Ethiopia, and Kenya. There are many reasons for this divide, but uneven access to health care particularly the glaring inequity in access to Covid-19 vaccines is impossible to ignore. On January 18, the director-general of the World Health Organisation, Tedros Ghebreyesus, noted that more than 39 million doses of Covid-19 vaccine had been administered in at least 49 higher-income countries. By contrast, he said, “Just 25 doses have been

Why no one s going to break up Big Tech

Why no one’s going to break up Big Tech There is still huge disagreement about how to contain Big Tech.  AP Save Share US senator Amy Klobuchar didn’t mince words about Mark Zuckerberg. The Facebook founder was effectively a hypocrite, Klobuchar said in March, as she opened her first hearing as chair of the Senate subcommittee on antitrust. Zuckerberg and his fellow tech titans talk a good game about the need for “disruptive” new technologies and companies to keep capitalism fresh and vital. But during his time as Facebook CEO, Zuckerberg has crushed or simply purchased any start-up that might disrupt Facebook’s dominance, Klobuchar, a Minnesota Democrat, said.

M&A Report 2021: Switzerland | International Financial Law Review

March 16 2021 The Swiss M&A market in 2020 suffered in the first six months, particularly during the first Swiss lockdown, where a decline was seen in deal flow and volume due to the impact of COVID-19, with some sectors deal activity down by 50%. The uncertainty caused by the pandemic was particularly reflected in a decrease of approximately 42% in the number of inbound transactions and a 24% reduction in outbound transactions. However, in the second half of 2020, the overall uncertainty in certain markets was overcome and envisaged deals that were put on hold, were reassumed and closed. As M&A activity normally directly correlates to the sector specific economic performance, this catch-up in the second half of 2020 was particularly visible in the technology, media and telecommunications sector (TMT). In total, M&A deal count with Swiss participation saw a decline of only approximately 10% for 2020 compared with a very active M&A market in 2019.

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