Biotech firm Moderna Inc's experimental vaccine for COVID-19 showed it was safe and provoked immune responses in all 45 healthy volunteers in an ongoing early-stage study, U.S. researchers reported on Tuesday.Volunteers who got two doses of the vaccine had high levels of virus-killing antibodies that exceeded the average levels seen in people who had recovered…
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Consumer sentiment collapses but housing dreams hold up
People's view of the economy for the next 12 months recorded a significant decline, slumping 14 per cent in July to 25 per cent below the pre-COVID-19 levels. This compares to a 40 per cent drop during the first wave of the virus in March-April.Even more concerning is the view on the economy over the…
Read More »Indoor bars, parties with alcohol pose a major risk to COVID-19, experts say
An employee (C) is reflected in a mirror working behind a bar near mannequins placed to provide social distancing at a restaurant in old Montreal on July 10, 2020. ERIC THOMAS/AFP/Getty Images Gatherings with alcohol, primarily among young people, are emerging as a significant source of COVID-19 outbreaks, including in Montreal where officials are investigating…
Read More »Covid-19: Ireland likely faces ‘imminent second wave’ due to reopening, experts warn
Your Web Browser may be out of date. If you are using Internet Explorer 9, 10 or 11 our Audio player will not work properly. For a better experience use Google Chrome, Firefox or Microsoft Edge. Ireland is facing the “strong likelihood of an imminent second wave” of coronavirus, as the country reopened before eradicating…
Read More »Jabulani Sikhakhane | Covid-19 has shown us one thing: Politicians know very little about SA | Fin24
Politicians and civil servants have displayed that their understanding of the economy falls short of what's required to change the country for the better, says Jabulani Sikhakhane. A government that knows very little about the complex interlinkages in an economy cannot make sound economic policies to grow that economy - rather, it runs the risk of…
Read More »Senate committee recommends improvements to COVID-19 emergency programs | CBC News
The Senate finance committee says significant gaps remain in the federal government’s response to the COVID-19 pandemic despite efforts to adjust and improve emergency support programs rolled out over the previous several months.Sen. Percy Mockler, chair of the Standing Senate Committee on National Finance, speaks during a press conference in Ottawa on Tuesday, July 31, 2018. The…
Read More »Some good news from around the world on Tuesday
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Read More »E.U.-India summit to launch talks on resuming FTA negotiations
Seven years after talks on a free trade agreement were suspended, India and the European Union (EU) are set to agree on a “High-level dialogue on Trade and Investment” to restart negotiations. The announcement is expected at a virtual “EU-India Summit” led by Prime Minister Narendra Modi and External Affairs Minister S. Jaishankar, who will…
Read More »Ailing Eastern Cape turns to powerful organisations to bolster fight against Covid-19 | News24
Eastern Cape Premier Oscar Mabuyane. Masi Losi/ The Times/Gallo Images/Getty Images The US Embassy has donated 50 ventilators to two Eastern Cape hospitals, 10 of which have been installed.Solidarity Fund has pumped in R75m extra to purchase crucial equipment for critically ill patients.Premier Oscar Mabuyane said they have pleaded with the national Health Department over…
Read More »COVID-19 fails to stop the march of the unicorns
Q2 2020 venture capital totals for the US are down but not out We’re digging into Q2 2020 venture capital results this week. Today we are exploring U.S.-specific results after taking a broader perspective yesterday. As with every quarter, our goal is to understand how strong, or not, the domestic and global VC markets are…
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