Economy
Savers Not Expected to Benefit From Rising Interest Rates
Higher rates usually mean bank customers stand to make more on their deposits. Not so this time. Banks have little incentive to raise the interest they pay on deposits because they simply don’t need the money.
China biotech has moving U.S. target on the back
The “Unverified List” may just be a starter proving the multiple ways that Washington can move to curb Chinese companies.
U.S. Trade Deficit Hit Record in 2021
The U.S. trade deficit increased 27% last year to an all-time high of $859.1 billion, underscoring the strength of the nation’s economy and its continued hefty dependence on imports from China and other countries.
Alaska truckers form convoy to support Canadian protests
More than 100 truck drivers on Sunday drove the 10 miles from Anchorage to Eagle River to support truckers in Canada who have been protesting vaccine mandates in Ottawa.
Energy
West Coast Utility Customers Eligible for Time-of-Use Rates
Customers on these rate plans can choose to shift and reduce some energy use to lower-cost time periods every day, including weekends and holidays. The hours of 4-9 p.m. are higher priced peak times, according to the release, and all other times are lower priced off-peak rates.
Health
Pfizer expects $54 billion in 2022 sales on Covid vaccine and treatment pill
Pfizer projects it will generate record-high revenue in 2022, saying Tuesday it expects to sell $32 billion of its Covid-19 shots and $22 billion of its antiviral coronavirus treatment pill Paxlovid this year.
Stealth BA.2 Omicron Variant Found in 67 Countries Will Become Dominant, Says WHO Expert
Dr. Dorit Nitzan, regional director for the World Health Organization, said that the expected trajectory of BA.2 will see the sub-variant become the new dominant variant of Covid once it passes a certain threshold as is being seen in Denmark and the U.K.
Sweden decides against recommending COVID vaccines for kids aged 5-11
Sweden has decided against recommending COVID vaccines for kids aged 5-11, the Health Agency said on Thursday, arguing that the benefits did not outweigh the risks.
Resilience
China/Russia Declare United Front Against the U.S.
The two countries also declared a united front against the United States and its allies, if those countries continue to “intensify geopolitical rivalry, fuel antagonism and confrontation, and seriously undermine the international security order and global strategic stability.”
LinkedIn to Give Users “No Politics” Button
LinkedIn recently started testing a no-politics setting. It filters out content about political parties and candidates, election outcomes, ballot initiatives and more.
Iran unveils long-range missile as Vienna nuclear talks resume
Iran, which has one of the biggest missile programmes in the Middle East, says its ballistic missiles have a range of up to 2,000 km (1,200 miles) and are capable of reaching its arch-foe Israel and U.S. bases in the region.
The post Daily Digest 2/9 – Alaska Truckers; BA.2 Takeover; Pfizer Massive Sales; Sweden Stops Child Vax; China/Russia The New Axis; Iran’s New Missiles appeared first on Peak Prosperity.
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