Hope is beginning to fade that the world will have a safe and effective coronavirus vaccine before the predicted “second wave” arrives that will further suppress economic activity and recovery. Despite an unprecedented global effort, a deliverable vaccine might still be months away. Almost certainly it won’t be ready by October as many hoped. Dr. Anthony Fauci, head of the U.S. National Institute of Allergy and Infectious Diseases, said November or December would be more realistic. Read the rest at Geopolitical Futures.
Nationalism is all the rage these days. Following decades of globalization, the pendulum has begun to swing back the other direction, triggering fears that nationalist policies will lead to a breakdown in international cooperation and a destabilization of the world order. This, in turn, has led to much hand-wringing over “vaccine nationalism,” the notion that governments will take a “me first” approach to vaccines, further exacerbating the health crisis. Read the rest at Geopolitical Futures.