At least two dozen tornadoes cause death and destruction in the South. New Georgia voting law angers Democrats. USC sex abuse settlement. CBS News Correspondent Steve Kathan has today's World News Roundup.
The country has empowered its women, established itself as a garment-industry powerhouse and vastly improved public health—but its politics remains troubled. The pandemic has not reduced average global happiness, but rather reshaped it: the old are more content and the young less so. And a look at the staggering costs of the Suez Canal blockage. For full access to print, digital and audio editions of The Economist, subscribe here www.economist.com/intelligenceoffer
Back in April 2020, AstraZeneca was hailed as a frontrunner in the race to get an effective vaccine to market. A year later, after a series of trial pauses, communication blunders, and PR problems, the vaccine is on the cusp of FDA approval.
By all accounts, the company succeeded in making a safe, effective vaccine. So why has there been so much confusion about its rollout?
Back in April 2020, AstraZeneca was hailed as a frontrunner in the race to get an effective vaccine to market. A year later, after a series of trial pauses, communication blunders, and PR problems, the vaccine is on the cusp of FDA approval.
By all accounts, the company succeeded in making a safe, effective vaccine. So why has there been so much confusion about its rollout?
Back in April 2020, AstraZeneca was hailed as a frontrunner in the race to get an effective vaccine to market. A year later, after a series of trial pauses, communication blunders, and PR problems, the vaccine is on the cusp of FDA approval.
By all accounts, the company succeeded in making a safe, effective vaccine. So why has there been so much confusion about its rollout?
The internet is often considered to be an open environment where no one really controls anything. A company or a person might have control over a particular website but in the big scheme of things you can set up whatever websites you want without anyone’s permission.
This is mostly true, but not totally true. If you keep going up the chain of control on the internet, you will eventually reach the top, where there sit people who hold seven keys. Those keyholders are ultimately the ones who control the internet.
Learn more about the internet’s key masters on this episode of Everything Everywhere Daily.
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Olive Garden’s owner is at a record high, but there’s more lasagna layers to the numbers. Pacaso just became the fastest ever US company to become a unicorn by making your 1st home your 2nd home (or a 2nd home your 1st home?). And we’re looking at the most important 120-mile stretch in the global economy.
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For decades, a secret army of tax attorneys, accountants and wealth managers has been developing into the shadowy Wealth Defense Industry. These ‘agents of inequality’ are paid millions to hide trillions for the richest 0.01%. In The Wealth Hoarders: How Billionaires Pay Millions to Hide Trillions (Polity, 2021), inequality expert Chuck Collins, who himself inherited a fortune, interviews the leading players and gives a unique insider account of how this industry is doing everything it can to create and entrench hereditary dynasties of wealth and power. He exposes the inner workings of these “agents of inequality”, showing how they deploy anonymous shell companies, family offices, offshore accounts, opaque trusts, and sham transactions to ensure the world’s richest pay next to no tax. He ends by outlining a robust set of policies that democratic nations can implement to shut down the Wealth Defense Industry for good. This shocking exposé of the insidious machinery of inequality is essential reading for anyone wanting the inside story of our age of plutocratic plunder and stashed cash.
Stephen Pimpare is director of the Public Service & Nonprofit Leadership program and Faculty Fellow at the Carsey School of Public Policy at the University of New Hampshire.
NPR climate correspondent Lauren Sommer explains how scientists are getting creative to deal with the hordes of urchins overtaking kelp forests in the Pacific Ocean — and why this kind of drastic ecological change may become more common as the climate gets hotter.