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Grocery delivery by supermarkets has become popular during the pandemic. Yet grocery supermarkets are having difficulty turning a profit on delivery sales.

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Ford announced on April 19, 2012, that it will build a $760 million plant in Hangzhou, China. This follows an announcement for $600 million expansion of a plant in Chongqing. Ford forecasts the Chinese market will grow at 5% annual rate for the next 10 years. It is planning to take sales away from other manufacturers by offering an expanded product lineup. Ford was slow to enter the Chinese market and has only 2% market share in China. The expansions will give Ford an annual capacity of 1.2 million cars in 2015, up from 450,000 in 2011. Ford's Chongqing operations are located far inland and a long distance from the west coast of China, which will make it more difficult to export if it turns out that there is too much car capacity in China.

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A major British and Indian collaboration and scientific achievement of both countries is not given the recognition it should get because of mismanaged communication of the results of clinical trials. Tom Whipple science editor of The Times says do not make the mistake of thinking oh Pfizer vaccine scores a 9 out of 10 and Oxford's a 7 or 8 out of 10. Pfizer vaccine says it 94% effective. But this is only part of the story. It is the first exam paper in a long number of exam papers and the final score will require scoring them all. "Oxford vaccine is complex, and we are happy with the complexity," says Adrian Hill, Oxford researcher and head of the Jenner Institute. It is not highly unusual in this complex field for a half first dose to work better than a full first dose in a two dose vaccine treatment. This happened with the Oxford vaccine. As a result the study results were harder to communicate. This happened by accident. Much of medical research and much of medicine's biggest breakthroughs in the last 200 years happened by accident, as one researcher looked for something and accidentally discovered something else profoundly useful. Whipple's points are turning out to be true now that Britain's medicine regulator has asked that Pfizer vaccine not be given to people with history of allergic reactions after 2 NHS workers had strong allergic reactions. A lot of questions remain for all vaccines. How long will the protection last? WIll it prevent transmission of coronavirus? Are there any other complications? Which vaccines can work without ultralow refrigeration storage? Ahead lie the prospect of billions of doses. Two are in final stages in India including Bharat Biotech request for emergency authorization. Johnson & Johnson has a competing one to Pfizer's in the U.S. As many as 30 are being developed in India and 100 around the world. Countries like South Korea say they will wait to find out which one works best and where cost overall combined with benefit is attractive. Some of the vaccines are coming out only weeks apart. The early ones could stumble, if something was missed. ...

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A $9.2 billion loan from the US government supports US goals for achieving climate change by shifting from fossil fuels to electric vehicles. It also responds to China's subsidies to BYD and other EV makers with the US supporting its own EV manufacturers. WSJ criticism of the loan does not take into account  the need for the US to work with its industry for leadership in the technologies needed to fight climate change, and not fall behind other nations that support their manufacturing including China, South Korea and Japan with hidden subsidies and advantages.

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Another example of aggressive pricing is sweetest batch with prices at $6.99 for 12 strawberries. For years Driscoll's did not market the sweetest strawberries because these berries were not of the abundant variety. Now Driscoll's is charging high prices for these strawberries. Strawberries is the most popular fruit and and it is $9 billion market with 40% growth over last 5 years. 

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Ford executes new strategy for reaching the younger first time buyers of small cars in India. The car is a hatchback called the Figo designed with the help of Indian engineers for the Indian and overseas markets. It has done a$500 million expansion of its plant in Chennai, India, doubling production to 200,000 vehicles ayear, and 250,000 diesel engines a year by 2010. Mullaly says: "literally India is designing the small car for the world." Separately Ford is building a new car plant in Chongquing, China, for 300,000 cars, midsize and suv's. The change is huge and dramatic for car production. CSM Worldwide predicts car sales in India 45% higher in 2011 compared to 2007, and 39% growth in China, 26% in Brazil. In contrast, car sales in North Americaand Europe will not have returned to 2007 levels by 2011. Considering declining levels in Japan and Germany sales may be on a slow downturn. See links to this. For instance Ford predits Ford's production in North America will decline to 35% of global production by 2015 from 54% in 1997. ...

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Making the shift to smaller cars and putting its money where its mouth is meant converting Ford from a large vehicle company to a company that makes a lot of smaller cars, and this meant Ford would have to convert to smaller cars a lot of its truck and SUV plants and close some of the other plants. Alan Mulally is doing just that as he moves to give Ford a completely new direction What is not surprising but is still more than a bit disconcerting is the skepticism he is meeting from executives inside the company that Ford can only make money building larger vehicles even in the face of a market that is moving in the opposite direction. So again and again Alan is having to ask the question "what does a sustainable Ford Motor look like?" Shows that the American car companies are not only caught with the wrong bag of product mix but are in some kind of culture shock as the ground below them is changing. Alan also is focused on a global market almost as though he realizes that from now on there is only a global market to deal with not the sort of American market that existed in the past, so he reminds other Ford executives that the global market share of larger vehicles is only 15%, and as if to sound incredulous asks them and you want us to continue to invest limited resources in that market?...

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Speaking at Ulster University president Biden says peace and opportunity go together.  "It is upto us to keep this going, to keep building on the work that has been done every day for the last 25 years. To sustain the peace unleash this incredible economic opportunity, which is just the beginning." The US is stepping in with action. Joseph Kennedy III, the Special envoy to Northern Ireland will lead a trade delegation of US companies to Northern Ireland later this year. Biden also called for the effective devolved government to be restored to bring greater opportunity to this region. It is important to remember as this WSJ report amply shows that president Biden has been an unrelenting champion on the Good Friday Agreement. That it is there today and the Irish border remains in the Irish Sea after Brexit owes much to the personal effort of Mr. Biden from before his election as president to this day and this visit. It is also a measure of the kind of man and the kind of president Mr. Biden is. Keeping his personal ties to Ireland.  ...

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The instinct and habit of looking for the solution that is guaranteed to work for the patient, or the flawless solution is counterproductive and can be our worst enemy in fighting the coronavirus says this infectious disease specialist in the NYT.  What is needed to fight the virus is speed and scale he says. 

He says comprehensive use of even moderately effective treatments and solutions is the answer to get infections and deaths down substantially in the next few weeks. The widespread implementation of imperfect prevention measures therapies and treatments is important to get it under control.

 

 

Dr. Schiffer is an Associate Professor at the DIvision of Infectious Diseases, University of Washington, Seattle.

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Inflation in Cairo and other parts of Egypt hit annual rate of 16.4% in April 2008. On April 30, Mubarak announced a 30% wage increase for public sector employees. The government has increased prices of diesel by 47% and of some grades of high octane gasoline used by affluent Egyptians by 57%. The central bank has raised interest rates three times in 2008 but with little impact on inflation. There have been riots in Egypt because of the increase in prices of bread and basic food.

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The automakers are still stuck with dependence on pickups like the Dodge Ram which provides 17% of domestic vehicle sales and the F-150 pickup truck for Ford which provides 26% of domestic vehicle sales. Even though they earn estimated $5000 to $10,000 per pickup this dependence has hurt the automakers, as they are losing money due to the neglect of the rest of their lineup. In 2008 the domestic pickup sales will decline 10% to 2 million units from 2.2 million according to Global Insight. Sales to customers now will almost entirley be to construction industry users in a bad construction market, as other customers who used pickups for general use are shifting to other vehicles.

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Ford is considering sale of it one third stake in Mazda. The Nikkei notes that Sumitomo Corporation or Tata Motors may bid for the stake.