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Pfizer's Covid vaccine is expected to bring in $6 billion in profit in 2021. Pfizer increased its sales forecast by 70 percent. The coronavirus vaccine is expected to bring in $26 billion in revenues in 2021 with 1.6 billion vaccine doses manufactured for the year 2021. The total could be much higher with the company striving for supply contracts to manufacture 2.5 billion doses.

India has approved the Pfizer, Moderna and J&J vaccines, with this bringing American companies into the Indian vaccine market in 2021.

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Typhoon winds that exacerbated the floods in Beijing, China, are shown here in a BBC report. Recent floods in China and fires in Maui, Hawaii, show effects of climate change on opposite sides of the planet in August 2023. This is one more reason for the US and China to work with other countries in limiting the effects of climate change and focus on the important issues that require cooperation and mutual effort.

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Norfolk Southern fails to limit exposure of State courts. The Supreme Court in a 5-4 decision says states can require companies to submit to their jurisdiction as a condition of doing business within their borders. Justice Neil Gorsuch writing for the Court said that the Pennsylvania law does not violate the Constitution's Due Process Clause. The case comes from a retired worker at Norfolk Southern now living in Pennsylvania who said he developed cancer after exposure to carcinogens in Virginia and Ohio.

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As schools reopen in India children bring stories that show how difficult three years of pandemic have been. Disruption in education is seen everywhere. In Delhi the government has set aside the syllabus to focus on the basics of reading, writing and maths.

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UBS buys Credit Suisse for $3 billion when the tangible book value of Credit Suisse was $45 billion. Tangible book value means little says this report in the WSJ. More significant for investors was that Credit Suisse was losing billions each year and its governance, its investment banking activities were seen negatively. It either had to stop the losses or shrink quickly. Another lesson is that digital banking makes it easier to withdraw deposits and digital communication magnifies the damage. Bonds can be risker than stocks in this situation. Tier One capital ratios also mean little in this situation as both UBS and Credit Suisse had capital ratios of about 14.2. 

What is notable is that even the $3 billion UBS paid was seen as risky so that the Swiss government had to step in with a guarantee that it would provide $9 billion to cover losses after the first $5 billion in losses were taken by UBS, after that the losses would be split between the two.

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Poor administration and failure in public services, turning over public services to private operators as the system nears collapse is the situation presented here of Johannesburg in 2025. It is hosting the G-20 Summit this year in South Africa. It is also the major commercial capital of South Africa. There is much that could be learned from good administration from other countries in Asia.

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 US warning to Iran to open Straits of Hormuz to international shipping or face attacks on its power plants. DJT gives a 48 hour warning on December 22, 2026.

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SCOTUS 2026 decision knocking down 1 gerrymandered district in Louisiana- affects 4 Florida seats and seats in South Carolina Tennessee and Missouri. This gives Republicans more wind in their sails for the midterms.

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After the pandemic and during high inflation, economic troubles and having to turn to the IMF for conditional loans, Argentines find cause for celebration for their performance at the World Cup Soccer Final in December 2022.

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Heat waves in early spring temperatures of 105 F Phoenix and 95 F in Las Vegas recorded in early Spring 2026, on March 19 2026. The result of a heat dome and climate change impact changing weather patterns.