Germany voices concerns over COVID-19 vaccine patents

Published

5 years ago

May 7, 2021

Following the US announcing that it will support waving Covid-19 vaccine patents – Germany has voiced strong opposition to the proposal.

The surprising move comes as Germany’s government says “the protection of intellectual property is a source of innovation and must remain so”.

The European Union has expressed its readiness to consider the proposal, with a number of other member states throwing their support behind the initiative.

India and South Africa are the two nations who initially pushed for patents to be waved – and now the World Trade Organisation and 60 other countries are also on board.

The thinking behind the proposal is that it would allow developing countries to get more vaccine doses out to their citizens, faster.

Former US President Donald Trump was staunchly opposed to the idea, but Biden has thrown his support behind it which has encouraged other leaders to do the same.

Private sector jobs fall as ADP reveals major slowdown in November

ADP reports a surprising decline in November private sector jobs, raising concerns about labor market resilience and consumer sentiment.

Published

5 minutes ago

December 4, 2025

Harvey Vargas

ADP reports a surprising decline in November private sector jobs, raising concerns about labor market resilience and consumer sentiment.

ADP has revealed a surprise decline of 32,000 private sector jobs in November, signalling renewed pressure across the labour market. Small businesses in particular have been hit hardest, raising fresh concerns about resilience heading into the new year.

Economists warn that slowing hiring momentum and weakening pay growth point to a broader shift in worker demand. With consumers increasingly expecting unemployment to rise, sentiment across industries continues to cool.

The market now turns its attention to the upcoming Bureau of Labor Statistics report, which will offer a crucial read on whether this slowdown is temporary—or a sign of something much larger.

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Australia warned of major electricity price surge without faster renewable rollout

Australia may face a 13% electricity price hike next decade without faster renewable energy project implementation, warns energy watchdog.

Published

22 minutes ago

December 4, 2025

Harvey Vargas

Australia may face a 13% electricity price hike next decade without faster renewable energy project implementation, warns energy watchdog.

Australia’s energy watchdog is warning that households could be hit with a 13% jump in electricity prices early next decade if renewable energy projects don’t accelerate. The Australian Energy Market Commission says the next five years will be critical to boosting clean generation and battery storage.

While a modest 5% drop in power bills is expected over the short term, delays in wind projects and transmission updates could see prices climb by as much as 20%. Energy Minister Chris Bowen also cautions that extending the life of ageing coal plants could push costs and pollution even higher.

Experts say that faster renewable construction could cut future prices by up to 10%, and that widespread electrification could transform long-term household savings.

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Immigration crackdown escalates tensions In New Orleans

New Orleans faces fear as immigration operation targets undocumented immigrants, sparking community concern and calls for accountability.

Published

34 minutes ago

December 4, 2025

Harvey Vargas

New Orleans faces fear as immigration operation targets undocumented immigrants, sparking community concern and calls for accountability.

U.S. immigration officials have launched a new enforcement operation in New Orleans targeting undocumented immigrants, with a particular focus on individuals released from local custody under sanctuary-style policies. The move has sparked a wave of concern across the community.

Residents say the tactics used by federal agents are creating fear among families, including those without criminal records. One restaurant owner has even created makeshift sleeping spaces to keep loved ones out of sight as the operation intensifies.

Local leaders, including council member Lesli Harris, are calling for clarity and accountability as the operation continues through the end of the year. The full scope of the federal action remains uncertain.

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