6 Responses to Other Issues

1. kaysee says:

   November 20, 2021 at 2:57 pm

   Adept Economics (August 2021)

   Economic impact of lockdowns and interstate border closures on businesses across Australia

   The most recent efforts to contain the spread of the novel Delta COVID strain in NSW and Victoria are pushing many local businesses, especially small ones, to their limits. Impaired interstate travel means that economic pain is being felt hundreds of kilometres away from regions currently in lockdown.

   Various ballpark figures have been released on the economic impact of recent lockdowns. All are understandable bleak, as Sydney and Melbourne account for nearly 45% of the nation’s gross domestic product.

   
   
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2. kaysee says:

   November 20, 2021 at 3:00 pm

   The Telegraph (Sept 2021)

   Wuhan scientists planned to release coronaviruses into cave bats 18 months before outbreak

   Wuhan scientists were planning to release enhanced airborne coronaviruses into Chinese bat populations to inoculate them against diseases that could jump to humans, leaked grant proposals dating from 2018 show.

   
   
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3. kaysee says:

   November 20, 2021 at 7:37 pm

   Monash University (June 2021)

   The lockdown quandary: is the pain worth the gain?

   As COVID-19 infections and deaths multiplied and increased exponentially, authorities around the world responded with a set of measures such as lockdowns and strict border controls, severely limiting the movement of people within and between countries.

   This led to severe economic effects that helped to translate a health crisis into a global economic crisis.

   
   
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4. kaysee says:

   November 20, 2021 at 7:42 pm

   CFR (November 2021)

   Will the World Ever Solve the Mystery of COVID-19’s Origin?

   • Strong evidence is lacking to support any of the hypotheses about how the new coronavirus spread to humans, whether inside or outside a laboratory.

   • The WHO, national governments, and scientists are calling for further investigation, but China rejects the idea that COVID-19 originated on its territory.

   • Scientists say uncovering the virus’s origin is important for better understanding the risk levels of different human behaviors and preventing the next outbreak.

   
   
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5. kaysee says:

   November 21, 2021 at 3:13 pm

   Substack (November 2021)

   ‘It’s Free’: Pfizer & Moderna project tens of billions in COVID shot PROFITS

   Pfizer is now projected to double its 2020 revenue, when the pharma giant brought in $41.9 billion. In 2021, $36 billion will have come from sales of COVID shots that were developed in partnership with BioNTech. With an estimated 30% profit margin, the mRNA shots alone will bring in over $10 billion in profit.

   Moderna, which earned no sustainable revenue before the COVID era (because the company had never successfully rolled out a product to market), expects to bring in $20 billion in revenue in 2021. Moderna’s COVID injection profit margins are almost double that of Pfizer’s. In 2021, the company has generated a reported positive free cash flow of a whopping $9.1 billion.

   Johnson & Johnson expects to easily generate over $90 billion in 2021 sales, after bringing in $69 billion through the first 3 quarters of 2021. Unlike Pfizer and Moderna, which essentially have become coronavirus companies, J&J only generates a fraction of its sales from COVID shots. The company expects to bring in $2.5 billion in revenue from COVID shots in 2021.

   
   
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6. kaysee says:

   November 21, 2021 at 7:19 pm

   The Economic Times (November 2021)

   Pfizer, BioNTech, Moderna making $1,000 profit every second: Analysis

   Pfizer, BioNTech and Moderna are making combined profits of $65,000 every minute from their highly successful Covid-19 vaccines while the world’s poorest countries remain largely unvaccinated, according to a new analysis

   
   
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