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Export barriers threaten global Covid battle

Export barriers threaten global Covid battle The US, European Union and India all face heavy domestic pressure to stop vaccines made in their countries from being sent abroad 9 May 2021 • 7:45pm The world’s fight against Covid-19 is under threat as countries push up export barriers amid fears that vaccine nationalism could haunt the global trade system for months to come. Restrictions on medical exports that have jumped since the start of the pandemic show little signs of abating, according to analysis by the University of St Gallen, with vaccine-related barriers rising even higher this year. Researchers found 119 new policy interventions affecting trade were introduced last month, with the “overwhelming majority” targeting the medical goods sector. Experts warn the measures could take a long time to unravel – and frustrate efforts to control the pandemic.

Contactless Payments and Credit Card Transactions Increasing Steadily in Switzerland: Report

Contactless Payments and Credit Card Transactions Increasing Steadily in Switzerland: Report The Swiss Payment Monitor reveals that the trend towards credit card use and contactless payment methods has remained steady in Switzerland. The Swiss Payment Monitor is a research initiative that’s supported by the University of St.Gallen and the ZHAW Zurich University of Applied Sciences. The research project is also backed by the Swiss Payment Association (SPA) and the industry partners Concardis and Worldline. Swiss Payment Monitor reveals that Swiss consumers spent the most funds with their credit cards last year, with about 24% of their total transactions carried out via credit card payments.

Indian foreign minister: Covid exposed fissures and weaknesses like a stress test

Indian foreign minister: ‘Covid exposed fissures and weaknesses like a stress test’ According to Jaishankar, India can double production if it receives enough raw materials from abroad. Copyright 2021 The Associated Press. All Rights Reserved. Speaking at the St Gallen Symposium in Switzerland, Indian Foreign Minister Subrahmanyam Jaishankar has shared the Indian viewpoint on the pandemic and the consequences for international relations.  This content was published on May 7, 2021 - 17:53 May 7, 2021 - 17:53 Anand Chandrasekhar Swissinfo.ch s India specialist covers a wide range of issues from bilateral relations to Bollywood. He also knows a thing or two about Swiss watchmaking and is partial to the French-speaking part of Switzerland. 

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