Welcome to the new inequality!

Less than one month ago W.H.O. Chief, dr. Tedros Adhranom Ghebreyesus, said: 

"Every day there are six times more boosters administered globally than primary doses in low-income countries. This is a scandal that must stop now". Dr. Tedros reiterated that only immunocompromised people should be administered booster doses. According to reports, more than 36 countries are currently administering booster doses.

"It make no sense to give boosters to healthy adults or to vaccinate children when older people and other high-risk groups are still waiting for their first dose." The exception, as Dr. Tedros said, are immunocompromised individuals who are unable to fight infections. 

People who represent one third of world population are still waiting for their first dose.

Fourth COVID vaccine inoculation

One week ago I took the picture above while I was walking through the Naples' main street (Toledo street, that's its name). The picture shows that while Italian people were wearing masks in a respectful way, three black men on the right didn't do the same. As you can see, they were laughing and didn't take seriously Italian behaviour and Italian rules in terms wearing a mask and respecting social distancing. I hope all members of the blogging community will understand that my previous sentence, just above mentioned, has nothing to do with racism. It shows that buying and inoculating vaccines is the main interest of the majority of Italian politicians. They are not interested in the sanctioning system. Not to mention of monoclonal antibodies.

While people who live in Denmark, Israel, and Chile are already getting the fourth inoculation of the COVID vaccine, it seems that policy-makers of the main European countries will do the same early next month. 

According to the director of the European Medicines Agency (EMA), Emer Cook, there are two concerns in the practice in which we inoculate vaccine doses every four months approximately, as we may have problem with the immune response. So we should be careful in not overloading the immune system with repeated immunizations.

Reimposed restrictions

 

While Omicron variant was reaching almost 90 countries last month, some European countries reimposed restrictions and lockdown measures. Despite the virus is still spreading across the world, stocks and commodities have increased their value. I don't know whether to be scared or oddly comforted by that.

Experts say as soon as the epidemic goes to an end, many sectors of the EU economy, such as fashion, machinery and motoryachts, will rise sharply.  

I hope gas and oil's prices will not boost in 2022, as it may be dangerous in terms of employment and inflaction rate.

Omicron

Just to say that yesterday, the 26th of November, while the news about the big concern (as mentioned by the WHO) of the South African variant and its multiple mutations was spreading across the world, the stocks of one of the biggest biotechnological company, Moderna Inc, were rising by more than 20% .

In this context, the Botswana government has just officialy said that the new COVID variant, named Omicron, was first detected in four patients who were fully vaccinated for COVID.

From the Nuremberg trial (1945) Hermann Goering to the question "How did you convince the German people to accept all this?", he replied: "It was easy and has nothing to do with Nazism. The only thing a government needs to turn people into slaves is fear. If you can find something to scare them, you can make them do anything you want".

Pharma companies' abusive vaccine deals

The world's largest pharmaceutical company, which is in talk with about 100 countries around the world, will be delivering 2 billion vaccine doses this year. But a lot of people don't know that the company ask some countries in South America to create a guarantee found. 

When the Covid-19 epidemic began to spread across the Northern hemisphere in early 2020, the CEO of the world's largest pharma company hypocritically said: "We believe that every person deserves to be seen, heard and cared for. That's why from the very beginning our vaccine development program, our company has been firmly committed to working towards equitable and affordable access of Covid-19 vaccines for people around the world".

According to the pharma companies' deals, Brazil and other countries have to take in consideration delay in vaccine delivery. It means that the Brazilian government can not penalise pharmaceutical companies for delayed delivery. 

In addition to this, manufacturer of pharmaceuticals will be exempted from all civil liability. The company also wants sovereign assets as guarantee, such as military bases, embassy buildings and sovereign founds. In other words, a vaccine maker asks for a country's military basis in return of vaccines.

While EU, Chinese and Indian pharmaceutical companies are selling free vaccines to poorer countries, there are big vaccine makers which are bullying countries. Not to mention of someone who refuses to sell vaccine raw materials and says no to sharing vaccine formulas to developing countries.

Meanwhile, while Covid-19 cases were increasing in the EU, Austria's government announced strict lockdown measures. There are fears other EU countries might do the same. It's easy to see that current vaccines may not be the ideal match for new variants, although pharmaceutical and biotech stocks have been rising on the markets.

Blunting the edge of fiscal paradises

Two weeks ago leaders of world's 20 richest countries gathered for summit in Rome with the aim of adopting corporate tax rules. The agreement is aimed at "blunting the edge of fiscal paradises". As it is known, multinational companies make money in one country and move their profits to another.

In this contexts, about 14 countries representing more than 90% of global economic output endorsed the agreement which aims to raise more revenue for most governments and offer stability to international businesses. Consequently, profits of big companies will face tax at least 15% under pact approved at the 2021 Rome's G20 summit.  In addition to this, companies have to be taxed in territories where they sell their products and services, rather than where they are headquartered. But four countries (Pakistan, Nigeria, Sri Lanka, and Kenia) rejected the deal, as they said it will not be sustainable. 

I hope the agreement will be useful to end decades of competition between countries to attract foreign investments.

The 1st picture above shows the neighborhood of Rome where the G20 summit was held in late October. The tall white building in the picture, which was designed in 1938, is an example of the Italian Rationalism (someone would like to call it as fascist architecture). The style resembles that of the ancient Rome. This neighborhood is a business district, nowadays. And the building is known in everyday speech as "Swiss cheese" or "Square Colosseum".

Italian Constitution: fundamental principles don't exist any more

From the 15th of October we (Italians) can no longer work without a vaccine passport. The fundamental human right to work stripped away. Silence from our government, silence from all governments and silence from Amnesty. 

With regards to my previous post, this is the comment sent from an anonymous blogger:

"I think some of you are delusional. Clearly the covid certificate is a nazy style papers please kind of fascist ideology".