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30 Nov, 5 tweets, 3 min read
The chief executive of Moderna, Stéphane Bancel, has predicted that existing vaccines will be much less effective at tackling Omicron than earlier strains of coronavirus.

Here’s what he told us in an interview with the FT: ft.com/content/27def1…
It will take months before pharmaceutical companies can manufacture new variant-specific jabs at scale, warns Moderna’s chief executive ft.com/content/27def1…
Stéphane Bancel said scientists were worried because 32 of the 50 mutations in the Omicron variant are on the spike protein, which current vaccines focus on to boost the human body’s immune system to combat Covid ft.com/content/27def1…
Data indicating how existing vaccines perform against the Omicron variant, and whether it causes severe disease, should become available within two weeks, according to Moderna’s chief executive ft.com/content/27def1…
Stéphane Bancel’s comments come as public health experts and politicians have tried to strike a more upbeat tone about existing vaccines’ capacity to confer protection against Omicron.

Read the full interview here: ft.com/content/27def1…

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More from @FinancialTimes

Financial Times Profile picture
29 Nov
Got questions about the new Omicron variant? Here’s everything we know about it so far ft.com/content/42c5ff…
🦠 The coronavirus variant Omicron emerged in southern Africa.
🦠 It has sparked global alarm because of its unprecedented series of genetic mutations.
🦠 These changes could make it more transmissible.
ft.com/content/42c5ff…
Why is Omicron causing such alarm?

One concern is the speed at which the variant is spreading. Daily cases have more than tripled in South Africa since Tuesday, with 2,828 cases recorded on Friday ft.com/content/42c5ff…
Read 10 tweets
Financial Times Profile picture
8 Nov
As #COP26 continues, @ftmag meets those working on the ground where climate change has reached an emergency point.

@simonmundy recalls the stories he learnt on his two-year, 26-country journey across the frontlines of the climate crisis ft.com/content/e3bfb9…
During Copenhagen’s COP15 in 2009, the Maldives' then-president Mohamed Nasheed chaired an underwater cabinet meeting. He wanted to show the world the effects rising sea levels would have on his 1,000-plus island country if we fail to cut carbon emissions ft.com/content/e3bfb9…
When Mundy met Nasheed in 2019, the president was pessimistic. After COP15 talks collapsed, he started doubting the impact of the UN’s climate summit. The COP approach of nearly 200 countries reaching unanimous consensus is a recipe for failure, he said ft.com/content/e3bfb9…
Read 7 tweets
Financial Times Profile picture
3 Nov
In case you missed it, these were our most-read opinion pieces over the past year:

‘What caused a boat to get stuck in the Suez Canal? Perhaps it was the wind. But in hydrodynamics, size matters,’ wrote Brendan Greeley (Free to read) on.ft.com/2ZTArK2
‘If there’s a lesson to be learnt from Israel today, it is this: corona, in fact, is not over. This summer was just an intermission. Next comes winter,’ Mehul Srivastava wrote in one of our most-read opinion pieces this year (free to read) ft.com/content/c21e20…
Free to read: London's Sky Pool experiment is obscene, rubbing luxury in the faces of hard-working people in a deprived neighbourhood, opines the FT's Edwin Heathcote in one of our most-read opinion pieces of the year ft.com/content/02b0a9…
Read 4 tweets
Financial Times Profile picture
1 Nov
How liveable will earth be in 2070?

Up to a third of the projected global population of 9bn could be exposed to temperatures on a par with the hottest parts of the Sahara, according to research by scientists from China, US and Europe on.ft.com/3BEyaiC
Under the most extreme scenario, the southern US states would become much hotter, particularly those that border the Gulf of Mexico.

Central America would bear the brunt of the increase, with up to 20m people living in mean annual temperatures of 29C on.ft.com/3BEyaiC Image
Big regions of Canada and Alaska would experience warmer conditions by 2070.

These areas are now largely uninhabited and projected to remain that way without factoring in migration on.ft.com/3BEyaiC Image
Read 10 tweets
Financial Times Profile picture
28 Oct
COP26, the climate summit in Glasgow, is rapidly approaching.

We looked at the top 5 countries, emitting the most emissions and the pledges they’re bringing to the world stage: on.ft.com/3Bpsf0T
🇨🇳 China
🇺🇸 US
🇮🇳 India
🇷🇺 Russia
🇮🇩 Indonesia
China is the world’s biggest annual emitter, responsible for 23.9% (11.7bn tonnes) of annual CO2 equivalent.

In September 2020 it announced an intention ‘to achieve the peaking of carbon-dioxide emissions around 2030’ and to be carbon neutral by 2060 on.ft.com/3Bpsf0T
The US is the second-biggest emitter, and is responsible for 11.8% (5.8bn tonnes) of the world’s annual CO2e.

Under President Joe Biden, America has ambitiously committed to cut net greenhouse gas emissions by 50-53% below 2005 levels by 2030 on.ft.com/3Bpsf0T
Read 7 tweets
Financial Times Profile picture
27 Oct
Today is UK Budget day. Why is this important and what does this mean for you?

Follow our live blog for the key updates 👇
on.ft.com/3mkBRp6
Chancellor Rishi Sunak will deliver his Budget at about 12.30pm. Here is what we know so far:

👉 The UK living wage will rise by 6.6% to £9.50 per hour
👉 There was a big increase in corporation tax in March so few big tax changes are expected
ft.com/content/22c1bb…
Chancellor Rishi Sunak attributed the inflation rate to the pressures on energy prices and global supply chains ft.com/content/22c1bb…
Read 6 tweets

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