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The Angry Bear

Potential Pricing for Remdesivir

Potential Pricing for Remdesivir The FDA has approved Remdesivir for emergency use and Gilead Science will denote its current 1.5 million vials, which could potentially treat 300 thousand patients as it takes 5 to 10 treatments per patient. The WHO wants more Remdesivir: The World Health Organization said Monday that it will speak with the U.S. government and Gilead Sciences on how antiviral drug remdesivir could be made more widely available to treat...

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Daily Cases: Coronavirus:New York vs. Rest of US

It looks like many states are preparing to end stay at home quarantine. If you look at the numerous charts around on the number of new  coronavirus-19 cases reported each day it looks encouraging.  They show a peaking and a very slow decline or at best a  plateau. However, this plateau is the product of two very different curves for New York city and the rest of the country.  It is New York city falling and the rest of the country rising significantly....

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The Road to Calvary

by Ken Melvin The Road to Calvary From: What to Think To: What to Believe From 15 to 30mins of TV Evening News in 1970 to 24hr TV News in 1980; then on to Fox News in 1996. From the 1950s print journalists and radio news broadcasts, to TV Evening News, to 24hr TV telegenic news readers, to Fox News, to Donald Trump. From the trusted Cronkite, and Huntley – Brinkley nightly news, to cable 24hr CNN opining/news, to Fox News (the most-watched cable news)...

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A note about the weekly and monthly economic data

A note about the weekly and monthly economic data For the past month or so, with the exception of the weekly catastrophe of new jobless claims it hasn’t been very important to keep track of the economic data. Now that it is May, that will start to change with the weekly data as of next week (reporting on this week). The monthly data fo May, of course, won’t be reported for until June starts. That’s because the month of April was fully involved in the...

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Is There a Future for FDI?

by Joseph Joyce Is There a Future for FDI? Among the economic consequences of the coronavirus pandemic will be a drop in foreign direct investment activity. The latest issue of the OECD’s FDI In Figures forecasts a decline of more than 30% in 2020 in FDI flows, even under an optimistic scenario of a recovery in the second half of this year. The falloff reflects not only the deterioration in global economic activity, but also the responses of firms to...

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“cannot remember a single International Crisis in which the United States had no global presence at all”

A good Anne Appelbaum read here at The Atlantic to which I subscribe to in print and via computer. The print-version makes for a brief case stuffer when I am flying somewhere far away. The Youtube depicts China as a Lego terra-cotta warrior with a low masculine voice and the United States as a Lego Statue of Liberty with a high, squeaky voice. “The rest of the World is Laughing at Donald Trump” The official Chinese news agency “Xinhua,” is poking at Trump...

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Yes, the Democrats can play hardball with McConnell

Voters typically hold the President and his party responsible for the state of the country at the time of elections.  This means that Trump and the Republicans have a strong incentive to support an aggressive federal response to the Covid-19 epidemic and the economic collapse.  Under normal rules of political engagement, this should allow the House Democrats to extract concessions from the Republicans in negotiations over the government’s response to the...

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