not very encouraging...Many of the changes to the world order that have been slowly creeping in will now be accelerated, Dion Rabouin writes in Axios Markets.
"History is now on fast forward," Robert D. Kaplan, managing director at Eurasia Group, said during a teleconference hosted by the CFR.
Why it matters: There will likely be a retrenchment of globalization and international cooperation combined with further cementing of a winner-takes-all climate, in which the biggest and most powerful companies and countries bowl over and eliminate smaller competitors.
This is "globalization 2.0," Kaplan said.
https://www.irishtimes.com/news/hea...cine-might-protect-against-covid-19-1.4222110More “striking” evidence has emerged that the BCG vaccine given to counter TB may provide protection against Covid-19 and significantly reduce death rates in countries with high levels of vaccination.
A study of 178 countries by an Irish medical consultant working with epidemiologists at the University of Texas in Houston shows countries with vaccination programmes – including Ireland – have far fewer coronavirus cases by a factor 10, compared to where BCG programmes are no longer deployed.
This translates into a death rate up to 20-times less, according to urologist Paul Hegarty of the Mater Hospital, Dublin.
Their “correlation” study, expected to be published shortly by PLOS journal, is largely a statistical one and comes with caveats because of possibility of confounding factors. But it is more comprehensive than an initial one conducted in New York, which prompted a scaling up of clinical trials on people with Covid-19.
To reduce the possibility of error, the researchers re-evaluated cases during the course of the pandemic and made country-by-country comparisons including between Ireland and the UK, Mr Hegarty said. “We did not expect to see such a marked difference.”
“Over the 15 days, incidence of Covid-19 was 38 per million in countries with BCG vaccination whereas the incidence of Covid-19 was 358 per million in the absence of such a programme. The death rate was 4.28 per million in countries with BCG programmes and 40 per million in countries without such a programme,” he added.
https://www.bloomberg.com/amp/news/...government-aims-to-roll-out-basic-income-soonUniversal Basic Income is happening, and more importantly, the government’s broader ambition is that basic income becomes an instrument “that stays forever, that becomes a structural instrument, a permanent instrument,”
https://www.theguardian.com/world/2020/apr/07/donald-trump-coronavirus-memos-warning-peter-navarroDonald Trump was warned at the end of January by one of his top White House advisers that coronavirus had the potential to kill hundreds of thousands of Americans and derail the US economy, unless tough action were taken immediately, new memos have revealed.
The memos were written by Trump’s economic adviser, Peter Navarro, and circulated via the national security council widely around the White House and federal agencies.