How can governments apply the lessons of coronavirus to the next pandemic? Many want to bring drug manufacturing back home — but it is not that simple. Here’s why 👇 on.ft.com/3ARobXj
It’s hard to create ready-for-action back-up factories, and harder still to plan for future crises. When Emergent BioSolutions tried to scale up one of its plants, tens of millions of Johnson & Johnson doses were contaminated with AstraZeneca’s vaccine ft.com/content/842698… Image
Attempts to untangle the global vaccine supply chain could end up concentrating capacity in the richest countries and entrenching inequalities. One solution is ‘stress tests’ to see if manufacturers can provide drugs when a country’s supply is disrupted ft.com/content/842698… Image
No vaccine is manufactured start-to-finish in one factory or country. Pfizer’s shot has 280 ingredients from 19 countries. The industry would prefer the removal of trade barriers — but some say that is ‘quasi-impossible’ ft.com/content/842698… Image
Experts fret that governments may pick the wrong technologies or back companies that cannot keep up with innovation. Drugmakers will also need to figure out how to keep staffed facilities ‘semi-switched on’ and ready to go during ‘inter-pandemic periods’ ft.com/content/842698… Image
Supplies of simpler drugs have also suffered during Covid-19. New York hospitals fought each other for critical medicines supplies, while France is reshoring production of paracetamol. But will one-off government investments be enough in the future? ft.com/content/842698… Image
Some are putting their hopes in new, nimble technologies, such as adaptable, ‘Ikea kitchen-style’ manufacturing facilities that fit inside a shipping container. It is now up to governments to decide whether to adopt such ideas to fight future pandemics ft.com/content/842698… Image

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More from @FinancialTimes

13 Sep
China has shaken markets and cryptocurrencies with its new regulations and tech crackdown. But why is the country taking such a hard stance and overhauling its governance? on.ft.com/3llFmKh
China’s president Xi Jinping is reinserting the party into the private sector and into family lives in a way that has not been seen since Deng launched the ‘reform and opening’ era in 1978 ft.com/content/bacf9b…
In a series of dramatic moves over the past year, from a crackdown on China’s biggest tech companies to strict time limits on playing video games, Xi Jinping is flirting with propaganda tools and intimidation tactics that many see as similar to the Mao era ft.com/content/bacf9b…
Read 9 tweets
9 Sep
When Angela Merkel came to power the iPhone had yet to be launched, ExxonMobil was the US’s most valuable company and George W Bush and Tony Blair were still in office. What is her legacy as she steps down 16 years on? We asked Germany’s youth 👇ft.com/content/dab5f8…
Merkel steered Germany through shockwaves such as the collapse of Lehman Brothers, the EU’s sovereign debt crisis and the arrival of millions of refugees as new populist leaders stirred up nationalisms and questioned the European project ft.com/content/dab5f8…
One of those affected by Merkel’s immigration policy was Mohamed Sahly, a 13-year-old who fled Syria with his family in 2015, crossing the Aegean Sea on a small rubber dinghy with 40 other migrants. Today he lives in Berlin & dreams of becoming an engineer ft.com/content/dab5f8…
Read 9 tweets
9 Sep
One in 3 Britons is financially illiterate and 1 in 2 has low confidence making financial decisions. The FT has decided to do something about it. Our new financial literacy & inclusion charity FLIC educates & lobbies for policy improvements. Read on here: ft.com/content/e6ae38…
How can we improve the prospects of millions in the UK and beyond?

Fixing economic deprivation is a mammoth task, but assisting with basic financial education — to boost budgeting skills and debt & investment knowhow — need not be, says @patrickjenkins_ ft.com/content/804807…
Until banking & finance are better regulated we must combat the poverty premium – the ways in which society makes it so expensive to be poor. How?

1. Policy improvement campaign
2. Access to money management building blocks
3. Access to learning resources ft.com/content/7e6172…
Read 6 tweets
8 Sep
Looking for a breakdown of Boris Johnson’s manifesto-breaking health and social care tax?
Here’s what you need to know 👇
on.ft.com/3naUNYj
It’s a big tax and spend package:
💷£12bn of net annual tax rises will be used to finance the equivalent level of new spending
🏥Higher national insurance rates used to boost to the NHS and social care support
📈Bigger measures than many previous Budgets ft.com/content/eceaf8…
The UK's new levy means health is the big winner:
🇬🇧£11.2bn additional spending in 2022-23 across the UK, distributed as normal to England, Scotland, Wales and Northern Ireland
📄The money will clear a backlog of operations and reduce waiting lists
ft.com/content/eceaf8…
Read 6 tweets
7 Sep
Boris Johnson announced a £12bn annual tax rise to fund a big increase in health and social care spending in England. It was a defining moment that infuriated many in his own party. But what exactly does the tax hike entail?
on.ft.com/2X6ERvz
The plan to increase national insurance contributions (NICs) by 1.25 percentage points for both employers and employees breaches Boris Johnson’s election ‘guarantee’ that he could fix social care without putting up key taxes ft.com/content/eceaf8…
The UK prime minister said that money from the higher national insurance rates — rebranded a ‘health and social care levy’— would gradually be used to pay for long-term social care reforms. The levy will also be paid by pensioners who are working ft.com/content/eceaf8…
Read 8 tweets
16 Aug
Experts say that, despite the promises of reform, Taliban rule in Afghanistan could resemble the dark days of the 1990s as many of the movement’s current top leaders were in power back then. Here are a few of them 👇 ft.com/content/25bb6e…
Mawlawi Haibatullah Akhundzada is a former religious adviser to Taliban founder Mullah Mohammed Omar and heads the Taliban’s leadership council. He fought against the Soviets, though he is known more for being a religious scholar ft.com/content/25bb6e…
Mullah Abdul Ghani Baradar is the Taliban’s top political leader and one of its founders in the early 1990s. Baradar was captured in a joint US-Pakistan operation in 2010 and released in 2018 on the request of the US in order to participate in peace talks ft.com/content/25bb6e…
Read 5 tweets

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