Is the European Union guilty of dabbling in vaccine nationalism?
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The EU Commission's dispute with AstraZeneca over vaccine deliveries shortfalls is clearly big and serious.
But what should a fair-minded person make of the row?...
The essential situation is this.
AZ claims it’s had some vaccine production problems at its EU plant & while it accepts the EU has a right to be aggrieved at the shortfall, it say the EU's reaction - threats of legal action and blocking its exports - is way over the top...
The EU Commission says it has not had enough credible information from AZ to explain the shortfall and, moreover, seems to distrust the company...
So which side is in the right?
Well, AZ has certainly been more forthcoming about its side of the story – see the Pascal Soriot interview with La Repubblica on Tuesday, which is pretty detailed... repubblica.it/cronaca/2021/0…
By contrast, the EU has not been specific about its complaints about AZ’s (lack of) provision of information, either on or off-the-record.
You can watch the EU Commission's press team repeatedly stonewall this question at Tuesday's press conference:
The EU apparently threatening to prohibit vaccine exports is an aggressive move, and does indeed, on the face of it, smack of vaccine nationalism, not least because it would affect all vaccine makers with production facilities in the EU, not just AZ...
The EU says it merely wants to avoid getting treated unfairly by drugmakers that it has funded with EU public money – but without specifying WHY it suspects unfair treatment from AZ it does seem a counterproductive overreaction...
And, moreover, a very bad signal to send for a bloc which claims to be an opponent of vaccine nationalism...
Though perhaps more information may emerge about the situation after the Commission meets again with AZ on Wednesday.
So when claims are made by the two sides in a row like this about breach of contract/terms of agreements etc it's impossible for analysts and journalists to check them.
That's obviously deeply unsatisfactory and actually undemocratic...
When AstraZeneca claims its agreement with the EU was to provide vaccines on a "best efforts" basis how do we know that's accurate?
When the EU claims AstraZeneca has failed to fulfill its delivery schedule how can we check what that delivery schedule actually was?
Thread on why Brexit has disrupted e-commerce and why it matters more than you might think
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We’re getting lots of reports of people being hit by unexpected VAT charges and delays on their online deliveries when the vendor is in Europe.
Why is this happening?....1/
UK customers buying goods from relatively small EU vendors before Brexit could pay their VAT at the point of transaction under the EU’s distance selling regulations.
And, importantly, these vendors could charge the local rate of VAT and deal with their own tax authorities....2/
Since 1 Jan our online buyers don’t benefit from these EU regulations.
The EU vendor now has to register with HMRC and charge UK VAT in order to ship to UK (a big hassle and many won’t bother) or ship the item to the UK and let the buyer pay the UK VAT owed upon receipt...3/
Reports suggest Downing Street is looking at easing restrictions in England from early March, with a return to the regional tier system...1/
But question is: will the vaccination programme have reduced pressure on the NHS sufficiently by March to enable restrictions to be eased by then?
Or could this be another policy fiasco like delaying November lockdown or Xmas Day re-opening?... 2/
The COVID-19 Actuaries Response Group @COVID19actuary has modelled the impact of the government achieving its 14m vaccination target on hospitalisations and deaths.
Assuming 12% of 56 million England population infected at end of December (6.7 million) and registered England Covid deaths of around 66,000 (excess deaths higher at 72,000) at that point - suggests infection fatality rate of around 1%
Thread on how easy it is to get tricked into haemorrhaging money from your bank account after an online purchase – and why financial regulators seem to be behind the curve on this.🧵💸💻
Forgive the personal story, but I think it's relevant...1/
I’m pretty careful with my money online - regularly checking my pension, combing my online bank statement for suspicious transactions, pruning unwanted subscriptions etc...2/
I’d describe this as financial hygiene – and would advise everyone to do it.
Yet it’s not always enough.
While looking through a list of transactions on my online account before Xmas I noticed a £15 payment to something called "WLY*COMPLETESAVE.CO.UK" ...3/