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Electoral denialism did not start with Trump. In the U.S., this chicanery dates back to the early days of the republic. In [2016], Clinton and the DNC machine borrowed from the Republican playbook, and rationalized with speculations and outright falsehoods to cover for her loss in order to delegitimize the Trump presidency. Unlike the Democrats who rightly rejected the results in 2000, Clinton and her DNC supporters spent four years spreading false and baseless reasons for their defeat. If past is prologue, each party may well continue to escalate their electoral denial to a level where election results will simply not matter at all. In 2016, Clinton officially conceded, but publicly denied the election results. In 2020, Trump exploited the electoral cynicism that was decades in the making and refused to officially concede. This inspired his supporters to storm the U.S. Capitol and reject the election results. Granted, Democrats didn't do the same in 2016, but who knows the degree to which continued hyper-partisanship will escalate electoral denialism in the future? Nonetheless, the point remains that denial and lack of acceptance of election outcomes was very much part of the Democrats' narrative from 2016, parroted by MSNBC and CNN in particular. It's not just Fox News and Trump that are the problem here. It's civic decay. Bottom line: it is simply unsustainable for a country to have half of the voters, not to mention the candidates or party leaders, refuse to accept election results.
Note: For more along these lines, see concise summaries of deeply revealing news articles on elections corruption from reliable major media sources.
Since Buzzfeed reported in June that employees of TikTok's Chinese parent company ByteDance had access to US consumer data, TikTok has been the focus of rare bipartisan calls for regulation and inquiry. Those inquiries became more pressing when in July, the FBI director, Christopher Wray, called Chinese espionage the "greatest long-term threat to our nation's ... economic vitality". TikTok is a relatively new player in the arena of massive global social media platforms but it's already caught the eye of regulators in Europe. New laws around child safety and general internet safety in the UK and the EU have forced the company to become more transparent about the way it operates and the way content spreads on its platform. In the US, moves to rein in the video platform have gained momentum only relatively recently, although there's little debate that the round of regulatory pressure is warranted. With 1 billion users, the platform, which uses an algorithmic feed to push users short-form videos, has had its fair share of run-ins with misinformation, data privacy and concerns about child safety. Experts the Guardian spoke with did not question the cybersecurity threat China posed. However, some said they worried regulators' hyper-focus on TikTok's China connection could distract from other pressing concerns, including TikTok's algorithm and how much user data the company collects, stores and shares. There are currently no federal regulations that protect such information.
Note: For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption and the disappearance of privacy from reliable major media sources.
Shanghai Disney has become the latest high-profile venue to shut its gates thanks to China's strict zero-Covid policy, trapping visitors inside. People have been told they will not be allowed out of the theme park until they can show a negative test. China's controversial zero-Covid policy has already seen millions of people repeatedly locked down, sometimes in unusual locations. The sudden nature lockdowns have seen people fleeing shops - including a Shanghai branch of Swedish furniture giant Ikea - and workplaces as they try to avoid being trapped inside. However, those awaiting their freedom at Shanghai Disney can console themselves with one positive: rides are continuing to operate for those trapped inside The Happiest Place on Earth. As well as the theme park, surrounding areas such as the shopping street were also abruptly closed. Videos posted on Chinese social media site Weibo showed people rushing to the park's gates following the announcement but finding them already locked. Posting on Chinese social media site WeChat, the Shanghai government said the park was barring people from entering and those inside could only leave once they had returned a negative test result. It added that anyone who has visited the park since Thursday must provide three negative test results over three consecutive days. Millions of people are under 200 different lockdowns in China, as of October 24, as the country of 1.45 billion consistently records more than 1,000 new Covid cases a day.
Note: By comparison, the U.S. had about 40,000 cases per day in late October. For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus from reliable major media sources.
New scientific breakthroughs make it increasingly easy to identify dangerous viruses in nature, manipulate them in the lab and synthetically create them from genetic sequences. But some scientists have taken it further, adding "gain of function" mutations that make potential pandemic viruses more transmissible. The National Institutes of Health funded two research groups to increase the transmissibility of an earlier strain of avian influenza that had killed hundreds of people but could not efficiently spread from person to person. Both groups created viral mutants that could transmit in ferrets. The Obama administration was so alarmed that it halted gain-of-function work on potential pandemic influenza viruses in 2014, but the N.I.H. allowed it to restart by 2019. In my view, there is no justification for intentionally making potential pandemic viruses more transmissible. The consequences of an accident could be too horrific, and such engineered viruses are not needed for vaccines anyway. Natural viruses that haven't yet infected humans can also pose a risk if researchers try to find the most dangerous ones and bring them back to the lab for experiments. Suspicions about a lab-accident origin of SARS-CoV-2 have been fueled by the fact that the Wuhan Institute of Virology was involved in Chinese and international efforts to find and experiment with new high-risk coronaviruses. A final category of pandemic risk involves viruses that used to transmit in humans but became extinct long ago – like the 1918 influenza virus.
Note: For more along these lines, see concise summaries of deeply revealing news articles on science corruption and the coronavirus from reliable major media sources.
Ashwaq Abdel Kareem heard the roar of a jet plane that foretold an airstrike. It was near midnight on June 1, 2015. Ashwaq, her husband, and five children were in the backyard. Far above Ashwaq and her family, a Dutch F-16 fighter jet released a bomb that whistled down to hit a car-bomb factory in the center of Hawija's industrial district. The F-16's mission was coordinated by the U.S.-led coalition fighting ISIS and was planned by the U.S. military. From 2014 to the present day, between 8,000 and 13,000 civilians have died as a result of bombing by the U.S.-led coalition in Iraq, according to the monitoring organization Airwars; the coalition only acknowledges the deaths of 1,417 civilians. At the height of the bombing in 2017, as the coalition bombed tightly packed urban areas like Mosul, at least 9,000 civilians died. Yet only one civilian received compensation, although the U.S. military did distribute a limited number of condolence or "ex gratia" payments – which are voluntary payments and not an admission of legal liability – reportedly to the families of around 14 victims. Despite its involvement [with the Hawija bombing], the United States has not offered an apology or individual compensation. This is consistent with U.S. policy that has made compensation for civilians extremely rare. The only legal way for civilians to pursue compensation in the U.S. has been through the Foreign Claims Act, but that excludes compensation for death or injury during combat, making victims of the Hawija bombing ineligible.
Note: For more along these lines, see concise summaries of deeply revealing news articles on war from reliable major media sources.
George Garvey, along with several other individuals (collectively, Petitioners) are former NYC Department of Sanitation workers who got fired for their failure to get vaccinated or obtain an approved exemption. They filed a lawsuit pursuant to Article 78 of the New York Civil Practice Law and Rules. They sued NYC, the NYC Department of Health and Mental Hygiene, the NYC Department of Sanitation, the NYC Commissioner of the NY Department of Health and Mental Hygiene and the Mayor of NYC (collectively, Respondents). Judge Ralph J. Porzio issued an order essentially dismissing the Respondent's arguments and accepting most of the Petitioners' arguments. The order commanded that all terminated Petitioners be reinstated on October 25, 2022 and collect back pay from their date of termination. The court held that the vaccination mandate was unlawful. First, it was arbitrary and capricious. The court ... argued that it treated similarly situated people differently without providing evidence to support the unequal treatment. Athletes, performers and artists could be exempted from the vaccination requirement, but the Petitioner could not. The court noted that the Petitioners could continue working while their exemption requests were being processed. Therefore, the court felt that the vaccination mandate was never about public safety. Because if it was, any unvaccinated workers would have immediately been placed on leave until a decision concerning their requests for a coronavirus vaccine exemption.
Note: For more along these lines, see concise summaries of deeply revealing news articles on government corruption and coronavirus vaccines from reliable major media sources.
Federal prison officials accused of misconduct, including sexual abuse, are more likely to escape sufficient punishment because of the agency's reluctance to rely on inmate testimony, a watchdog investigation found. This hesitancy ... "emboldens miscreant staff members" who believe they can "act without fear of disciplinary consequences," said a Justice Department Office of Inspector General (OIG) report. The memo to Bureau of Prisons Director Colette S. Peters from Inspector General Michael E. Horowitz said "the circumstances that gave rise to this memorandum and the BOP's conflicting response to it continue to raise significant concerns about the BOP's handling of disciplinary matters in cases where inmate testimony is necessary to sustain misconduct charges." "Staff throughout the Bureau know that they can abuse men and women in federal custody with impunity, as long as they don't admit it or do it on camera," said Deborah Golden, a D.C. lawyer who focuses on prisoner rights. Not handling internal investigations properly, she added, "is how the widespread abuse at FCI Dublin flourished." Five former employees of the Federal Correctional Institution in Dublin, Calif., including a warden and a chaplain, have been charged with sexually abusing prisoners. Dublin is not an isolated case. During the six-month reporting period that ended March 31, the inspector general's office received 4,252 complaints involving the BOP, with force, abuse and rights violations among the most common allegations.
Note: In 2022, U.S. Department of Justice investigators had to open 14,361 cases of misconduct against 17,907 employees of the Bureau of Prisons, which is a bureau with 37,000 employees. For more along these lines, see concise summaries of deeply revealing news articles on prison system corruption from reliable major media sources.
When floods devastated Bangkok more than a decade ago, Thai landscape architect Kotchakorn Voraakhom became determined to help her sinking hometown fight this deadly climate threat. The floods "changed my life," said Voraakhom. "I started using the tools of landscape architecture (to tackle) climate change." The 2011 floods killed hundreds and displaced millions. "For us, climate change is primarily a water crisis," she said. "Our people can feel its impacts in their daily lives, each year through worsening floods, rising sea levels, and severe drought." In many sinking cities, including Bangkok, the current urban infrastructure is not fit for purpose and is "reducing our ability to adapt," said Voraakhom, noting that many of Bangkok's waterways and canals have been destroyed or have fallen into disrepair. "For us, as a city of water, the only way is to go back to our amphibious culture and reclaim the relationship with water." The architect said she integrates nature and water into her designs to create landscapes that help alleviate flooding and add greenery to densely populated cities. Voraakhom also created Asia's largest rooftop farm, Siam Green Sky, transforming 22,400 square meters (241,000 square feet) into a lush haven. The farm, which recycles food waste from restaurants in the building below and uses it as plant fertilizer, also slows down, soaks up and stores large amounts of rainwater. It is then used to grow vegetables, herbs and fruit, as well as rice.
Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.
Gargantuan profits continue to roll in at Europe's energy giants. London-based Shell reported adjusted earnings of $9.45 billion for the third quarter, its second-highest profit on record. On the same day, Paris-based TotalEnergies reported a profit of $9.9 billion. For both companies, the profits were more than double what they earned in the same period a year ago. Shell and Total, like other energy companies this year, are benefiting from high oil and natural gas prices partly stoked by the war in Ukraine, as Russia squeezes gas flows to Europe. For Shell, the profit was a step down from the record-breaking $11.5 billion it reported for the second quarter, when it received an average of just over $100 a barrel for oil, compared with $93 in the third quarter. Natural gas prices, however, increased in the third quarter. Shell is returning a large chunk of this bounty to shareholders. The company said that it planned to increase its dividend to shareholders for the fourth quarter by 15 percent, to about 29 cents a share. In what may provoke a political storm in Britain, Shell said it had not yet been obliged to pay the "windfall" tax on oil and gas profits enacted earlier this year by the British government. The tax allows companies to deduct capital expenditures.
Note: Once again mega-corporations rake in the cash and stick it to the consumers. For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption from reliable major media sources.
Swarms of honeybees can generate as much electrical charge as a thunderstorm, new research shows. In a study published in the journal iScience on Monday, researchers from the University of Bristol ... discovered this phenomenon by chance. Biologist Ellard Hunting [said] that the Bristol team was studying how different organisms use the static electric fields that are everywhere in the environment. Atmospheric electricity has a variety of functions, mainly in shaping weather events and helping organisms, for example in finding food. "Flowers have an electric field and bees can sense these fields. And these electric fields of flowers can change when it has been visited by a bee, and other bees can use that information to see whether a flower has been visited," Hunting explained. Having set up equipment to measure atmospheric electric fields at the university's field station, which features several honeybee hives, Hunting and his team noticed that whenever the bees swarmed, there was "a profound effect on atmospheric electric fields," even though the weather hadn't changed. All insects create a charge during flight as a result of friction in the air, with the size of the charge varying between species. Individual bees carry a charge that is small enough to be overlooked by researchers, so "this effect (in swarming bees) came as a surprise," Hunting said. They found that, depending on the swarm density, the atmospheric charge could be similar to that of a storm cloud, thunderstorm or electrified dust storm.
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Douglas Rushkoff's new book, "Survival of the Richest: Escape Fantasies of the Tech Billionaires," opens with a surreal scene: For a fee equal to one-third of his annual salary as a professor, Rushkoff flies to a luxurious resort to advise five ultrawealthy men on how to survive the collapse of civilization. More terrifying than the men's Hollywood-derived nightmares is their naive and profoundly antisocial response: They'd rather optimize their bunkers than work to avert the apocalypse. While few have the means to indulge dystopian fantasies so lavishly, the men are an extreme instance of a broader trend. Bunker sales in America are soaring, and the market now caters to a range of income levels, from $40,000 starter bunkers to a nearly $10 million Luxury Series "Aristocrat" that offers a pool and a bowling lane. Many people now seem fixated on stockpiling enough money to protect themselves from the rest of the world, rather than considering the sort of world they are creating by making money in these ways. Rushkoff ... calls this dynamic the "Insulation Equation." Anyone who asks some version of the question – can I earn enough money doing X to insulate myself from the effects of doing X – is considering the Insulation Equation. The Insulation Equation is a provocative and illuminating concept, and Rushkoff devotes much of the book to tracing the manifestations and origins of a mind-set that seduces people into believing they can insulate themselves from harms they help create.
Note: For more along these lines, see concise summaries of deeply revealing news articles on income inequality from reliable major media sources.
The Federal Reserve, far from the independent institution it often touts itself as, is under intense pressure at all times from massive commercial banks and other financial institutions advocating for favorable regulations, according to federal lobbying disclosures reviewed by The Intercept, as well as interviews with former Fed and other finance employees. The Federal Reserve has come under scrutiny in recent months for its aggressive interest rate hikes. The Fed's own research has warned that its aggressive policy mirrors a similar one that caused a "severe recession" under Paul Volcker in the 1980s. Even the United Nations ... recently warned that the Fed's rate hikes risk "inflicting worse damage than the financial crisis in 2008 and the COVID-19 shock in 2020." Besides setting monetary policy, the Fed is also tasked with regulating commercial banks. The intense lobbying the Fed is subjected to is targeted at these banking regulations. Paid lobbyists make their case on behalf of massive financial corporations in the same fashion as K Street lobbyists hawking their wares to members of Congress. In 2022 alone, over 120 groups reported lobbying the Fed on issues ranging from credit card fees to cryptocurrency to sprawling monetary policy initiatives such as mortgage finance. Postings on the Federal Reserve website in the past year record meetings with Discover Financial, Student Loan Servicing Alliance, National Bankers Association, Capital One, JPMorgan Chase, Morgan Stanley, and Goldman Sachs.
Note: For more along these lines, see concise summaries of deeply revealing news articles on financial system corruption from reliable major media sources.
Our brains are made up of billions of cells that work together to create our every ability. Wipe out those cells, through a stroke or other brain trauma, and you may no longer be able to read, but you might still be able to speak, sing or write. It's all about where the brain is damaged – which systems of cells are traumatized and which are not. The three-pound mass of neurological tissue that we call the brain has the power not only to create every ability we have but also to manifest our perception of reality. Our brains have a two-pronged defense mechanism that kicks in when brain trauma occurs. Not only are we able to grow some new neurons – a process called neurogenesis – especially in the sites where physical trauma has occurred, our brain cells are capable of neuroplasticity, which means they can rearrange which other neurons they are in communication with. That's why, whenever I meet someone who has experienced a brain trauma of any sort, I don't focus on what abilities that person has lost, but rather I marvel at what insights that person might have gained because of the experience. Few things have greater impact on how people choose to live their lives than neurological trauma or near-death experiences. And when we find ourselves to be neurologically impaired, we become vulnerable and need others to support us rather than criticize or judge us. I became a much more compassionate and empathetic person following my stroke and recovery. Perhaps I am not the only one.
Note: The above was written by Jill Bolte Taylor, a neuroscientist and the author of "My Stroke of Insight: A Brain Scientist's Personal Journey." Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.
In July 2021 the US Food and Drug Administration (FDA) quietly disclosed findings of a potential increase in four types of serious adverse events in elderly people who had had Pfizer's covid-19 vaccine: acute myocardial infarction, disseminated intravascular coagulation, immune thrombocytopenia, and pulmonary embolism. Little detail was provided, such as the magnitude of the increased potential risk, and no press release or other alert was sent to doctors or the public. Eighteen days later, the FDA published a study planning document (or protocol) outlining a follow-up epidemiological study intended to investigate the matter more thoroughly. This recondite technical document disclosed the unadjusted relative risk ratio estimates originally found for the four serious adverse events, which ranged from 42% to 91% increased risk. More than a year later, however, the status and results of the follow-up study are unknown. The agency has not published a press release, or notified doctors, or published the findings ... or updated the vaccine's product label. Cody Meissner, a paediatrician and member of the FDA’s Vaccines and Related Biological Products Advisory Committee, said ... "One of the great problems was the suppression of opposing voices to various recommendations and that’s going to cause extraordinary harm ... everyone is aware that there are going to be side effects from any vaccine and as time goes by, we’re going to find out more and more about those side effects."
Note: For more along these lines, see concise summaries of deeply revealing news articles on coronavirus vaccines from reliable major media sources.
Authorities swiftly called the death a homicide. The victim was 44-year-old Michael Williams. Days later, law enforcement agencies announced they had arrested and charged a 31-year-old army veteran, Steven Vogel, with murder. Williams had been strangled, according to the medical examiner's office. Authorities arrested and charged three others with helping Vogel move the body. The case attracted national attention. Michael Williams was Black, and his body was burned and dumped in an almost-exclusively white part of Iowa. The four people arrested were white. These events occurred 15 weeks after Minneapolis police publicly murdered George Floyd. And yet, law enforcement immediately declared that no evidence suggested the murder had been motivated by racism. Williams's family and other members of central Iowa's Black community weren't convinced. The simple fact a white man hanged a Black man with a rope and then set him on fire in an easily visible spot – with three other white people helping cover up the murder – was telling. Data analyzed by the Guardian reveals this to be common: victims' loved ones clearly see racist motives, while law agencies often don't. From the outset, authorities rejected a racial motive. "They never pursued it," says Paula Terrell, Williams's aunt. "They just kept saying â€it's a love triangle.'" In fact, Williams's murder was one of several incidents in central Iowa that targeted Black people in short sequence.
Note: For more along these lines, see concise summaries of deeply revealing news articles on police corruption from reliable major media sources.
What does it take to have a challenging conversation in the era of cancel culture? For MacArthur Fellow Loretta J. Ross, the answer lies in calling in: a communicative strategy rooted in compassion, accountability, and restorative justice. Cancel culture [is] a phenomenon whereby people deemed to be moral transgressors are publicly discredited on social media platforms, and in some instances, punished through cultural, social, and professional ostracism. Professor Ross thinks this readiness to cancel a person on the basis of their beliefs is toxic. Instead, she espouses empathy and stresses the importance of context in challenging conversations. Calling in is not what you do for other people–it's what you do for yourself. It gives you a chance to offer love, grace, and respect, and to showcase one's own integrity and one's own ability to hold nuance and depth. People mistakenly think that you're doing it because you're trying to change somebody else. That's not possible. And since we don't have the power to control and change others, the only power we're left with is self-empowerment. In this sense, calling in is a conscious decision to not make the world crueler than it needs to be. We're all capable of using a technique I call "the mental parking lot" where you temporarily put aside any visceral reactions you have to what others are saying. It's a technique that requires you not to pay attention to your reaction but rather to devote your focus and respect to the person you're talking to.
Note: Smith College Professor and civil rights activist Loretta Ross worked with Ku Klux Klan members and practiced restorative justice with incarcerated men convicted or raping and murdering women. Watch Loretta Ross's powerful Ted Talk on simple tools to help shift our culture from fighting each other to working together in the face of polarizing social issues.
Natural disasters like earthquakes and hurricanes can level entire towns, and for the search and rescue teams trying to find survivors, it's a painstaking task. But an unlikely savior is being trained up to help out: rats. The project, conceived of by Belgian non-profit APOPO, is kitting out rodents with tiny, high-tech backpacks to help first responders search for survivors among rubble in disaster zones. "Rats are typically quite curious and like to explore – and that is key for search and rescue," says Donna Kean, a behavioral research scientist and leader of the project. In addition to their adventurous spirit, their small size and excellent sense of smell make rats perfect for locating things in tight spaces, says Kean. The rats are currently being trained to find survivors in a simulated disaster zone. They must first locate the target person in an empty room, pull a switch on their vest that triggers a beeper, and then return to base, where they are rewarded with a treat. While the rodents are still in the early stages of training, APOPO is collaborating with the Eindhoven University of Technology to develop a backpack, which is equipped with a video camera, two-way microphone, and location transmitter to help first responders communicate with survivors. APOPO has been training dogs and rats at its base in Tanzania in the scent detection of landmines and tuberculosis for over a decade. Its programs use African Giant Pouched Rats, which have a longer lifespan in captivity of around eight years.
Note: Don't miss the images of these adorable and heroic rats at the link above. Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.
[Pamela] McGhee and her neighbors are participating in a pilot program to build zero-waste systems for Detroit. It's something they say the city sorely needs. For decades, Detroit was home to one of the country's largest waste incinerators. East Side residents formed Breathe Free Detroit, one of several groups behind a successful campaign to shut down the incinerator; the plant closed in 2019. Now, that same group is working with the city to develop a composting system. Many ... see a direct line between composting and recycling and improving their community health. According to the Environmental Protection Agency, food waste is the most common material found in landfills and sent to incinerators in the U.S., comprising 24% of landfill materials and 22% of combusted municipal solid waste. But Detroit organizers didn't have much experience with communitywide composting, so when they began developing a program, they turned to an unlikely mentor more than 8,000 miles away: the Mother Earth Foundation in the Philippines. Over the past 20 years, the organization has earned a reputation for training low-income communities, government agencies, civic organizations, and businesses in zero-waste practices. The two groups organized monthly calls, in which Mother Earth Foundation organizers offered advice based on their experiences setting up community composting systems. Members of Mother Earth Foundation and community organizers in Detroit plan to visit each other's cities early next year.
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On Monday morning, 30 members of the Congressional Progressive Caucus sent a letter to the White House that attempted to gingerly open a conversation about a potential diplomatic end to Russia's war on Ukraine. The door was slammed shut by the evening, met with enough fury to elicit a "clarification" in the form of a statement from caucus Chair Pramila Jayapal. "Let me be clear," Jayapal said in a statement issued just before 7 p.m., "We are united as Democrats in our unequivocal commitment to supporting Ukraine in their fight for their democracy and freedom in the face of the illegal and outrageous Russian invasion, and nothing in the letter advocates for a change in that support." On Tuesday afternoon, Jayapal followed the clarification by fully withdrawing the letter, saying it was "released by staff without vetting." That the letter was met with fierce opposition is a measure of the space available for debate among congressional Democrats when it comes to support for the war and how it might be stopped before it turns nuclear: roughly zero. "I have voted for every defense package to Ukraine and stand firmly for Ukraine's sovereignty," Rep. Ro Khanna, D-Calif., a letter signer, told The Intercept. "It should not be controversial to say we need to explore every diplomatic avenue to seek a just peace." "The alternative to diplomacy is protracted war, with both its attendant certainties and catastrophic and unknowable risks," the letter read.
Note: The powerful war machine can compromise even those with good intentions. Read an excellent article calling for urgent diplomacy on both sides of the political aisle to promote peaceful and democratic outcomes. For more along these lines, see concise summaries of deeply revealing news articles on war from reliable major media sources.
Pfizer's plan to as much as quadruple U.S. prices for its COVID-19 vaccine next year is beyond Wall Street's expectations and will spur its revenue for years despite weaker than anticipated demand for the new booster shot so far, analysts said. The drugmaker, which developed and sells the vaccine with Germany's BioNTech, said on Thursday evening that it is targeting a range of $110 to $130 a dose for the vaccine once the United States moves to a commercial market next year. Analysts said the move could lead to price hikes by rivals. The companies have varied the pricing during the pandemic, with wealthy countries paying the most for the shots and the poorest countries the least. Wells Fargo analyst Mohit Bansal said the new pricing range for the vaccine could add around $2.5 billion to $3 billion in annual revenue for Pfizer. "This is much higher than our assumption of $50 per shot," Bansal wrote in a research note. Global vaccine access group the People's Vaccine Alliance, which has pushed for Pfizer to allow cheaper copies of the vaccine to be made, called the proposed price hike "daylight robbery." The price range announced by Pfizer represented a more than 10,000% markup over what experts have estimated it costs the vaccine makers to produce the shots.
Note: For more along these lines, see concise summaries of deeply revealing news articles on coronavirus vaccines from reliable major media sources.
Important Note: Explore our full index to key excerpts of revealing major media news articles on several dozen engaging topics. And don't miss amazing excerpts from 20 of the most revealing news articles ever published.