US Trade Representative Katherine Tai announced that “these extraordinary times and circumstances call for extraordinary measures. The US supports the waiver of IP (intellectual property) protections on COVID-19 vaccines to help end the pandemic and we will actively participate in WTO (World Trade Organisation) negotiations to make that happen”. It is reported that 10-15 billion …
By far not all the lessons of the 2008 financial crisis have been learned. And those that have been learned have not necessarily been applied. Nevertheless, one of them – drawn and applied – will certainly have been of great help in the current crisis. At least it has helped to limit the economic catastrophe: …
Have we learned from history – Current crisis vs. 2008 Read More »
FINMA independent supervisor of the Swiss financial market, has published its annual Risk Monitor. This report specifies the most important risks that supervised institutions are currently encountering and portrays the focus of FINMA’s supervisory activity. After having reviewed the report, I can easily say that the omnipresent word is undoubtedly COVID. The pandemic has triggered …
