How fast can vaccination against covid-19 make a difference?
Jan 23rd 2021HOSPITALS AROUND the world are, once again, buckling under a torrent of covid-19 patients. In places as far apart as London, Cape Town and Los Angeles ambulances wait for hours to unload the sick, and refrigerated lorries have been brought in to hold the dead. Vaccines are the only way out of this.…
A Swiss money-laundering probe raises disturbing questions
Jan 23rd 2021IN 2014 SWITZERLAND’S then attorney-general and two colleagues posed for a photo with several other people on a boat on Lake Baikal in Siberia. The picture shows the men relaxing together on the deck. But their host was no ordinary sailor. He was one of Russia’s top prosecutors, later implicated in efforts to…
Have banks now got too much cash?
Some are in the bizarre position of shooing away depositsJan 20th 2021THE FATES of the economy and banks are normally closely entwined; when customers endure misfortune, loans go unpaid. The summer was marked by a lull in covid-19 cases and recovering economic activity. Winter has brought with it more infections and shutdowns. Yet banks’ profits…
First transgender woman selected as health secretary by Biden
President Biden has tapped Rachel Levine to be his assistant secretary of health, making her the first publicly transgender federal official. In 2017, Democratic Gov. Tom Wolf appointed Levine to her current post, making her one of the few transgender persons serving in appointed or elected positions countrywide. Biden said in a statement: “Dr. Rachel…
Americans Turn the Minimum Wage Hike into Funny Memes
Published on Jan 20, 2021 by Anne The minimum wage hike has always been an issue in the US for the past decades. With only a few hours before Biden gets inaugurated as the President of the United States, people are excited for all his promises to take place. One of these is his plans…
What to make of Wall Street’s mind-boggling earnings season
Banks are in the bizarre position of shooing away depositsJan 20th 2021THE FATES of the economy and banks are normally closely entwined; when customers endure misfortune, loans go unpaid. The summer was marked by a lull in covid-19 cases and recovering economic activity. Winter has brought with it more infections and shutdowns. Yet banks’ profits…