đEuropeâs largest economy is looking to make its post-virus recovery compatible with its ambition of becoming carbon-neutral by 2050.
The EU has similarly pledged to make its stimulus plan aligned with its climate commitments.
Germanyâs green energy shift may get a financial shot in the arm when the impact of the coronavirus ebbs, according to a senior member of Chancellor Angela Merkelâs cabinet.
When the virusâ acute phase is over, the government plans a stimulus package that advances the nation technologically and helps the economyâs move toward climate neutrality, Finance Minister Olaf Scholz said in an interview with Funke Mediengruppe. Such a package âmakes sense,â said the Social Democrat without adding details.
The Kenyan factory has achieved a great milestone through its ability to make 30,000 surgical masks daily which is a major turnaround from its initial garment making business. I am glad in the stimulus package money will be given to small business to make things needed to fight coronavirus instead of sourcing them outside. The economic investment will help the economy just as Clinton invested in small businesses.
Japan has earmarked $2.2 billion of its record economic stimulus package to help its manufacturers shift production out of China as the coronavirus disrupts supply chains between the major trading partners.
The extra budget, compiled to try to offset the devastating effects of the pandemic, includes 220 billion yen ($2 billion) for companies shifting production back to Japan and 23.5 billion yen for those seeking to move production to other countries, according to details of the plan posted online.
Most of us are similar with âvirusesâ and malware relating to our computers or smartphones, but Yoshihiro Minagawa, a researcher from the University of Tokyo has taken it on literally â he has invented a portable, low-cost, battery-powered device that pairs with a smartphone, which was tested with viruses but could also detect other biological markers. His initial findings, together with other teammates were published recently in the journal, Lab on a Chip.
The current leading method to assess the presence of viruses and other biological markers of disease is effective but large and expensive. It is prohibitively difficult for use in many situations, especially due to certain economic and geographic factors. Although highly accurate at counting viruses, these tools are just too cumbersome for many situations, especially when rapid diagnosis is required.
âI wanted to produce a useful tool for inaccessible or less-affluent communities that can help in the fight against diseases such as influenza,â said Minagawa. âDiagnosis is a critical factor of disease prevention. Our device paves the way for better access to essential diagnostic tools.â
Dr. Derek Yach, Founder, President, and Board Member of The Foundation for a Smoke-Free World (FSFW), joined me on ideaXme (http://radioideaxme.com/) to discuss his groupâs work in the core areas of Agriculture and Livelihoods, Industry Transformation, and Health, Science, and Technology (Disclosure â FSFW is funded ~$US1 Billion by Philip Morris International, but take a listen to full storyâŠ) â #Ideaxme #Smoking #Vaping #Tobacco #Cessation #AlternativeUses #HarmReduction #WHO #CDC #Health #Wellness #Longevity #Biotechnology #LifeExtension #Aging #IraPastor #Bioquark #Regenerage World Health Organization (WHO) CDC CDC Global United Nations Philip Morris International.
Ira Pastor, ideaXme life sciences ambassador and founder of Bioquark, interviews Dr. Derek Yach, founder, president, and board member of The Foundation for a Smoke-Free World, and passionate advocate for health promotion and disease prevention. Dr Yachâs objective is to end smoking in this generation. We investigated to see how that might be achieved.
Disclosure: The Foundation for a Smoke-Free World has received its initial funding pledge of $80 million USD annually for 12 years, beginning in 2018 from Philip Morris International (PMI) â The Foundation has a nonprofit status as a US 501c3 organization, and by law and policy must operate completely independently from PMI, and cannot engage in activities designed to support PMIâs interests. Further, PMI can have no involvement or say in their work.
Mathematicians from the California Institute of Technology have solved an old problem related to a mathematical process called a random walk.
The team, which also worked with a colleague from Israelâs Ben-Gurion University, solved the problem in a rush after having a realization one evening. Lead author Omer Tamuz studies both economics and mathematics, using probability theory and ergodic theory as the linkâa progressive and blended approach that this yearâs Abel Prize-winning mathematicians helped to trailblaze.
Are we in for the Big Short II? The cyclical nature of markets spells an eventual collapse of the real estate prices in the U.S. following the next global stock market meltdown and global recession which will be drastically different the next time around. For one, the coming collapse is about to start a secular declining trend in property values. Secondly, after the collapse, the prices of properties wonât be able to recover like they did after the previous âproperty market corrections.â
Why? I hope we all may agree that oil, for example, will never recover to all-time highs. Similar premises hold true for the existing home values. There are multiple major socio-economic structural changes on the horizon contributing to this permanent decline which is in the cards right now. Also, many conventional linear projections wonât even apply anymore.
THE NEXT âCYCLICALâ GLOBAL RECESSION â the worldâs stock markets are the best indication of things to come in the economic milieu. The next financially engineered global recession may be the last effort by the capital-controlling elite of Wall Street to keep political and economic control over the global population and maintain the faltering capitalist system as long as possible;
The President says we are at war with the coronavirus. Itâs a war we should fight to win.
The economy is in the tank, and anywhere from thousands to more than a million American lives are in jeopardy. Most analyses of options and trade-offs assume that both the pandemic and the economic setback must play out over a period of many months for the pandemic and even longer for economic recovery. However, as the economists would say, there is a dominant option, one that simultaneously limits fatalities and gets the economy cranking again in a sustainable way.
That choice begins with a forceful, focused campaign to eradicate Covid-19 in the United States. The aim is not to flatten the curve; the goal is to crush the curve. China did this in Wuhan. We can do it across this country in 10 weeks.
