Opinion

Three cheers for Covid vaccine mandates

President Joe Biden has announced a requirement that federal workers get vaccinated against Covid-19 or be frequently tested and face other restrictions. He’s right — and other governments and businesses should likewise require vaccination for their employees. With the delta variant racing through the unvaccinated population, mandates are more essential than ever. The delta variant is far more transmissible than ...

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Apple, Google win big; but one is about to pull ahead

Apple Inc and Google-parent Alphabet Inc have each managed to make copious sets of obscene amounts of money in any environment — pandemic or not. But the paths for the two technology behemoths may start to diverge later this year. Both companies reported blowout numbers that far exceeded Wall Street expectations. Apple posted adjusted earnings per share of $1.30, compared ...

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Behavioral economics & mask rules

Just when we thought we were almost done, Covid-19 cases are surging. The world may have one of the most effective vaccines ever developed, but not everyone is taking it and so we remain susceptible to the delta variant. Not surprisingly, this has renewed calls to bring back a response that makes some feel safe and under control: mask mandates. ...

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Now, don’t celebrate the Nord Stream 2 deal

An agreement reached by US President Joe Biden and German Chancellor Angela Merkel will allow for the completion of the Nord Stream 2 pipeline, enabling Russia to transport natural gas directly to western Europe. The deal accomplishes Biden’s goal of improving relations with Germany, but little else. Nord Stream 2 remains a misguided project that will weaken German leadership and ...

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US vaccine policies are a contradictory mess

In response to the delta variant of Covid-19, the US is extending its travel ban on citizens from the European Union and China. Meanwhile, it is still possible to enter the US from Indonesia, which is arguably the current global centre of the pandemic. In contrast, life seems to be orderly in most parts of China, and some European countries ...

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How Xi’s regulation will reshape China’s Big Tech

From the US to the European Union, governments are clearly uneasy with the pervasive power of Big Tech: The influence of their social media platforms on elections, the security of the vast amount of consumer data they store, and the exploitation of gig economy workers who don’t enjoy health insurance or receive overtime pay. In the US, Congressional hearings have ...

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Tesla earnings calls still need Musk

Tesla finally notched a billion-dollar quarter where it counts: the bottom line. Net income for the second quarter was $1.1 billion, stretching to 10 figures for the first time ever. Is it enough that Elon Musk can, as he hinted on call, step back from future earnings calls? Musk dropped that mini bombshell as an aside, as he is wont ...

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Two IPOs reveal Gen Z’s vision of banking

India’s biggest-ever initial public offering can’t be chalked up solely to the zeitgeist. Like most markets, irrational exuberance and easy money will no doubt play a part in Paytm’s upcoming $2.2 billion share sale. But above all, investors will be placing bets on what a 12-year-old, unprofitable fintech firm backed by SoftBank Group Corp and Ant Group Co could yet ...

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How Trump hijacked his party’s resources

How is Donald Trump, six months out of office, able to wield so much influence within the Republican Party? A man who was solidly defeated for re-election; who was unpopular throughout his four years in office and ended those years at a low point; who subsequently, in his second impeachment trial, was condemned by numerous senators from his own party; ...

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Can the EU make the UK a good neighbour?

Boris Johnson’s top Brexit official David Frost wasn’t picked to build bridges. Since being elevated to a cabinet position in February, the former whisky lobbyist and proud wearer of Union Jack socks has gleefully lobbed diplomatic grenades at the European Union, accusing Brussels of inflexibility over Northern Ireland even as red tape bites into trade and local political tempers flare. ...

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