Archive for the ‘economics’ category: Page 3

Apr 29, 2020

The US government is helping get cash to private space companies, replacing frozen venture capital

Posted by in categories: biotech/medical, business, economics, finance, government, military

Investment in the fast-growing space industry was booming well into the first quarter of 2020 but private capital has largely frozen as the coronavirus pandemic strikes the U.S., leading both civil and military agencies to step up funding for corporate partners.

“We kicked into high gear as soon as it was apparent a lot of companies were not going to be able to conduct business as usual due to distancing requirements,” Mike Read, International Space Station business and economic development manager at NASA’s Johnson Space Center, told CNBC.

U.S. equity investment in space companies totaled $5.4 billion across 36 deals in the first quarter, according to a report Friday by NYC-based firm Space Capital. But the second quarter is likely to just see a fraction of that investment, according to Space Capital managing partner Chad Anderson, as deal flow in the U.S. will follow China’s path. Chinese investment in space was climbing by record amounts until the first quarter, when “activity in China was basically shut off,” Anderson said.

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Apr 29, 2020

Dr Stanley Plotkin: The Godfather of Vaccines

Posted by in categories: biotech/medical, economics

Ira Pastor, ideaXme life sciences ambassador, interviews Dr. Stanley Plotkin, Professor Emeritus at both Wistar Institute and the University of Pennsylvania and consultant to the vaccine industry.

Ira Pastor Comments:

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Apr 28, 2020

Nancy Pelosi Comes Out In Support of Universal Guaranteed Income

Posted by in category: economics

Nancy Pelosi came out in support of universal guaranteed income for Americans, building upon the vision of former 2020 candidate Andrew Yang.

Apr 27, 2020

See a string of lights in the sky? It was probably SpaceX’s ‘Starlink’ satellites

Posted by in categories: economics, satellites

We’re getting many calls and emails from WGN viewers who say they spotted a strange string of lights crossing the night sky on Sunday.

No, it’s not planes flying in formation or a meteor shower. It’s actually a satellite string that’s part of SpaceX’s “Starlink” project. You can read more about it below.

While much of the world economy stands still, SpaceX is running full speed ahead.

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Apr 25, 2020

$110 Trillion Renewables Stimulus Package Could Create 50 Million Jobs

Posted by in categories: biotech/medical, economics, employment

Even giant economic powerhouses have not been spared, with California—one of the wealthiest states in the United States thanks to its booming tech sector—having obliterated all its job growth over the last decade in just two months.

But now a renewable energy think-tank says directing those stimulus dollars to renewable energy investments could not only help tackle global climate emergency but spur massive economic gains post-Covid-19 for decades to come.

The International Renewable Energy Agency (IRENA) —an organization dedicated to promoting global adoption of renewable energy and facilitating sustainable use—says that it will cost the global economy $95 trillion to help return things to normal.

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Apr 25, 2020

Smash and Grab – The UK’s Money Laundering Machine

Posted by in categories: business, economics, government

Download the full report here.

In 2017, Bellingcat and Transparency International UK published their joint report, “Offshore in the UK”, describing the phenomenon of Scottish Limited Partnerships (“SLPs”) and their use as a mechanism in global money laundering scandals and a range of illicit activities. Since then, SLPs have continued to be implicated in further scandals, perhaps most notably the Azerbaijani Laundromat, a scheme where $2.9 billion was laundered through UK companies.

In the same year, SLPs became obliged to register their Person of Significant Control at Companies House, and the boom in registrations ended. The government subsequently ran a public consultation into limited partnerships, and published its conclusions in December 2018. Currently, SLP registrations are at their lowest level since 2010. Nevertheless, a lack of regulation allowed thousands of opaquely owned partnerships, typically with no tangible link to the Uk, to flourish over a seven year period. We do not have the details of the business activities of these SLPs, who controlled them, or who their true beneficial owners are.

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Apr 24, 2020

Rapid development of an inactivated vaccine for SARS-CoV-2

Posted by in categories: biotech/medical, economics, health

April 2020

The COVID-19 pandemic caused by SARS-CoV-2 has brought about an unprecedented crisis, taking a heavy toll on human health, lives as well as the global economy. There are no SARS-CoV-2-specific treatments or vaccines available due to the novelty of this virus. Hence, rapid development of effective vaccines against SARS-CoV-2 is urgently needed. Here we developed a pilot-scale production of a purified inactivated SARS-CoV-2 virus vaccine candidate (PiCoVacc), which induced SARS-CoV-2-specific neutralizing antibodies in mice, rats and non-human primates. These antibodies potently neutralized 10 representative SARS-CoV-2 strains, indicative of a possible broader neutralizing ability against SARS-CoV-2 strains circulating worldwide. Immunization with two different doses (3μg or 6 μg per dose) provided partial or complete protection in macaques against SARS-CoV-2 challenge, respectively, without any antibody-dependent enhancement of infection. Systematic evaluation of PiCoVacc via monitoring clinical signs, hematological and biochemical index, and histophathological analysis in macaques suggests that it is safe. These data support the rapid clinical development of SARS-CoV-2 vaccines for humans.

One Sentence Summary A purified inactivated SARS-CoV-2 virus vaccine candidate (PiCoVacc) confers complete protection in non-human primates against SARS-CoV-2 strains circulating worldwide by eliciting potent humoral responses devoid of immunopathology.

The authors have declared no competing interest.

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Apr 23, 2020

A coronavirus vaccine probably won’t be ready before the end of 2021, according to a Swiss pharmaceutical giant

Posted by in categories: biotech/medical, economics

Dozens of teams of researchers across the world are racing to develop a vaccine to stem the spread of coronavirus infections, bring down death rates, and allow countries to reopen their economies.

However, Severin Schwan, Roche’s chief executive, said he was skeptical that a vaccine could be fully tested, manufactured, and widely distributed within the next 12 to 18 months.

“I’m afraid that the most likely scenario is that we will not have a vaccine before the end of next year,” Schwan said on a Wednesday conference call with reporters, adding that an 18-month timeline is “very ambitious.”

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Apr 23, 2020


Posted by in categories: biotech/medical, economics, evolution, life extension

Dinorah Delphin has unveiled another magnificent issue of the Immortalists Magazine. She has clearly focused her contributing authors on the world pandemic, with impressive results.

One of the outstanding articles is from our pal, the Chairman of the USTP, Gennady Stolyarov. Gennady levels an eviscerating attack on the American health care system.

I can see that Gennady has a visceral reaction to mass death. There is passionate, broiling anger in the lines of his article. He seems to be mounting a crusade, and I’m going to confess that I’m considering arming myself for battle.


Apr 22, 2020

Investing In Renewable Energy Could See A Return Of To Up To 800%

Posted by in categories: biotech/medical, economics, employment, sustainability

The economic impact of the coronavirus pandemic has governments struggling with how to restart a global economy that has come to a grinding halt. Some short term needs have to be addressed as soon as possible — avoiding starvation, extending unemployment benefits, and arranging for emergency healthcare for those infected. But even as the world faces such daunting tasks, decisions made today will have enormous consequences for the future. While the emergency today is great, a much bigger emergency waits just around the corner as the Earth continues to overheat.

Governments in thrall to fossil fuel interests, such as the United States, see the virus as a chance to roll back advances in renewable energy. After all, the oil and gas industries provide for 10,000,000 jobs around the world. Surely those jobs must be protected, right?

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