Welcome to a regular snapshot-review of U.S. and international economic news that aims to 1) provide a window into the challenges and decisions facing businesses today, 2) determine the direction of economic policy — such as the speed at which central banks decide to raise interest rates, and 3) assess what the impact will be for consumers.

Rough News Week For Oxford-AstraZeneca Vaccine

It was another bumpy week for British-Swedish pharmaceutical company AstraZeneca, and the COVID-19 vaccine it developed in partnership with Oxford University.

The company was already battling the belief that its vaccine might be harmful to some receipients, compounded by the fact it has not yet received Emergency Use Authorization from the Food and Drug Administration. Then, this week the National Institute for Allergies and Infectious Diseases (led by Dr. Anthony Fauci) released a statement revealing concerns about the “information released by AstraZeneca on initial data from its COVID-19 vaccine clinical trial.”

On March 22, AstraZeneca had announced early results from…


Welcome to a regular snapshot-review of U.S. and international economic news that aims to 1) provide a window into the challenges and decisions facing businesses today, 2) determine the direction of economic policy — such as the speed at which central banks decide to raise interest rates, and 3) assess what the impact will be for consumers.

U.S. Impeachment Update: GOP Unlikely To Vote To Convict

House impeachment managers selected by Speaker Nancy Pelosi delivered the articles of impeachment against ex-President Donald Trump to the Senate this week.

Pelosi named nine Democratic impeachment managers for the trial, expected to take place in February: Reps. Jamie Raskin of Maryland, Diana DeGette of Colorado, Joe Neguse of Colorado, David Cicilline of Rhode Island, Joaquin Castro of Texas, Eric Swalwell of California, Ted Lieu of California and Madeleine Dean of Pennsylvania, along with Stacey Plaskett, the U.S. Virgin Islands’ nonvoting delegate to Congress.

However, it looks increasingly there will not be enough votes in the Senate to convict Trump…


Source: https://www.statista.com/chart/23330/coronavirus-restrictions-europe-map/

Welcome to a regular snapshot-review of U.S. and international economic news that aims to 1) provide a window into the challenges and decisions facing businesses today, 2) determine the direction of economic policy — such as the speed at which central banks decide to raise interest rates, and 3) assess what the impact will be for consumers.

Lockdown Makes A Comeback In Europe, Over 9 Million Infections In The U.S.

In what has become a familiar refrain this month, the number of confirmed COVID-19 cases around the world spiked this week, with a corresponding increase in the number of deaths — 45,075,642 confirmed cases, with 13,558,818 active cases and 1,182,010 fatalities.

Efforts to slow the rate of the outbreak in the United States have largely failed — at the time of writing there were 9,043,390 confirmed cases, 3,296,613 active and 232,194 deaths.

This comes as daily coronavirus cases in the United States continue surge to levels not seen since the summer, forcing hospitals in states like Utah to ration care


Welcome to a regular snapshot-review of U.S. and international economic news that aims to 1) provide a window into the challenges and decisions facing businesses today, 2) determine the direction of economic policy — such as the speed at which central banks decide to raise interest rates, and 3) assess what the impact will be for consumers.

US COVID-19 Cases Approaching Summer Levels, Europe Surge Continues

The number of confirmed COVID-19 cases around the world once again rose significantly this week, with a corresponding spike in the number of deaths — 41,791,766 confirmed cases, with 12,268,206 active cases and 1,138,671 fatalities.

The outbreak in the United States continues to rage unabted — at the time of writing there were 8,498,360 confirmed cases, 2,914,394 active and 226,314 deaths.

This comes as daily coronavirus cases in the United States surge to levels not seen since the summer, with 14 states reporting peak Covid-19 hospitalizations in the past week: Alaska, Arkansas, Iowa, Kansas, Kentucky, Montana, Missouri, Nebraska, North Dakota…


Welcome to a regular snapshot-review of U.S. and international economic news that aims to 1) provide a window into the challenges and decisions facing businesses today, 2) determine the direction of economic policy — such as the speed at which central banks decide to raise interest rates, and 3) assess what the impact will be for consumers.

Parts of The Europe Back In Lockdown As COVID-19 Cases Spike

The number of confirmed COVID-19 cases around the world rose significantly this week, while the number of deaths also continues to increase — 38,971,792 confirmed cases, with 10,953,830 active cases and 1,098,982 fatalities.

The outbreak in the United States shows no signs of abating — at time of writing there were 8,076,402 confirmed cases, 2,669,444 active and 220,889 deaths.

This comes as the midwestern parts of the United States and beyond are witnessing surges in coronavirus cases, with new outbreaks and hospitalizations rising to record levels — pointing to a nationwide resurgence as temperatures get colder.

So far this week…


Welcome to a regular snapshot-review of U.S. and international economic news that aims to 1) provide a window into the challenges and decisions facing businesses today, 2) determine the direction of economic policy — such as the speed at which central banks decide to raise interest rates, and 3) assess what the impact will be for consumers.

Biden Administration Support for Waiving Vaccine IP

As India’s resurgent COVID-9 outbreak continues to spike, and the number of new cases jumps daily, the country received a boost this week when the Biden administration came out in favor of waiving patents for coronavirus vaccines.

The U.S. Trade Representative said in a statement that “this is a global health crisis, and the extraordinary circumstances of the COVID-19 pandemic call for extraordinary measures. The Administration believes strongly in intellectual property protections, but in service of ending this pandemic, supports the waiver of those protections for COVID-19 vaccines.”

At time of writing, India’s Ministry of Health reported that the number…


Welcome to a regular snapshot-review of U.S. and international economic news that aims to 1) provide a window into the challenges and decisions facing businesses today, 2) determine the direction of economic policy — such as the speed at which central banks decide to raise interest rates, and 3) assess what the impact will be for consumers.

India’s COVID-19 Surge A Problem For The World

India’s Ministry of Health reported that between April 29th and April 30th, the number of new COVID-19 cases jumped 17%, while fatalities increased by 1.1%.

The White House announced it is re-directing its order of Astra Zeneca vaccines to India, providing the country with over 20 million doses. This forms part of $100 million worth of supplies the United States is sending to assist the government:

  • Oxygen cylinders that can be repeatedly refilled at local supply centers. The U.S. Centers for Disease Control and Prevention also locally procured oxygen cylinders and will deliver them to support hospital systems.
  • Mobile oxygen…


Welcome to a regular snapshot-review of U.S. and international economic news that aims to 1) provide a window into the challenges and decisions facing businesses today, 2) determine the direction of economic policy — such as the speed at which central banks decide to raise interest rates, and 3) assess what the impact will be for consumers.

J&J Vaccine To Get Warning Label In EU

The European Medicines Agency this week announced that Johnson & Johnson’s COVID-19 vaccine will now include a cautionary note for potential recipients.

The EMA said its safety committee had concluded that “a warning about unusual blood clots with low blood platelets should be added to the product information for COVID-19 Vaccine Janssen,” and that “these events should be listed as very rare side effects of the vaccine.”

The EMA said it factored into its decision reports from the United States of eight cases of “unusual blood clots associated with low levels of blood platelets,” all of which were individuals under…


Welcome to a regular snapshot-review of U.S. and international economic news that aims to 1) provide a window into the challenges and decisions facing businesses today, 2) determine the direction of economic policy — such as the speed at which central banks decide to raise interest rates, and 3) assess what the impact will be for consumers.


Welcome to a regular snapshot-review of U.S. and international economic news that aims to 1) provide a window into the challenges and decisions facing businesses today, 2) determine the direction of economic policy — such as the speed at which central banks decide to raise interest rates, and 3) assess what the impact will be for consumers.

‘Possible’ Link Between AZ Vaccine and Blood Clotting

In what some are describing another public relations hit, the EU and UK’s health regulatory authorities this week linked AstraZeneca’s COVID-19 vaccine to rare cases of blood clotting in its recipients.

The European Medicines Agency said unusual blood clots with low blood platelets should be listed as “very rare side effects” of the AZ vaccine.

The EMA said “very rare cases of blood clots combined with low levels of blood platelets” could happen within 2 weeks of getting vaccinated. …

Brai Odion-Esene

Founder — SW4 Insights. Public policy junkie and Central Bank Watcher. Recovering journalist and former Senior Director at Hamilton Place Strategies

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