Mafia World

Inimitable Business

China’s COVID-19 vaccines are being called into question after infections surged in countries using Chinese shots

Pedestrians wear masks as they walk on a street in the Seychelles capital of Victoria, Mahe Island on February 25. AP Photo/Salim Ally

  • Two Chinese shots have been welcomed by vaccine-deprived lower-income countries.

  • But in some, cases of COVID-19 are surging even after widespread vaccination.

  • In response, observers are questioning how well the shots work, angering China.

  • Sign up here for the Insider Healthcare newsletter.

By March, the Seychelles was one of the world’s most vaccinated countries. With more than half of its population fully inoculated against COVID-19, the island nation off Africa was outpacing even Israel.

This speedy rollout

Read More

Downtown LaFayette property owners now able to apply for the facade grant | Catoosa Walker News

The LaFayette Downtown Development Authority (LDDA) is looking for downtown property owners who are ready to take part in the new facade grant program to help assist, update and enhance the downtown area.

Applications are now available for commercial property owners that are located in the LDDA district to begin the process of updating their facades with solid short-term and long-term opportunities to transform downtown.

The current facade grant budget is $20,000.

The LDDA facade grant program is designed to enhance the physical appearance of downtown businesses, located in their jurisdiction, by providing financial assistance for exterior building improvements to

Read More

Biden says his relationship with China’s Xi is ‘pure business’

President Joe Biden rejected the idea Wednesday that he and Chinese President Xi Jinping are “old friends,” instead claiming their relationship is “just pure business.”

While running for the White House last year, Biden, as he has continued doing since taking office, has noted he met multiple times when Xi was his country’s No. 2. He frequently notes that he has spent more time with the now-Chinese leader than any other U.S. official. But he appeared eager to draw a line between his role as a government official and friendship, something former President Donald Trump often did, but those alleged

Read More

Spirit Airlines Boosts Guidance: A Great Sign for the Future

The U.S. leisure travel recovery shows no signs of slowing. On Sunday, passenger throughput at TSA checkpoints hit a new pandemic-era record of nearly 2.1 million travelers: down just 17% from the equivalent day in 2019. Considering that business travel demand remains very low and the summer peak travel season is just starting, that was an impressive number.

Sure enough, on Monday, Spirit Airlines (NYSE:SAVE) raised its second-quarter guidance. The improved outlook bodes well for the budget airline’s results in the second half of 2021 (and beyond).

A guidance increase

Spirit Airlines lost a ton of money in

Read More

Treasuries Slump on Hawkish Fed Surprise as Inflation Angst Ebbs

(Bloomberg) — The Federal Reserve appears to have convinced the world’s biggest bond market that it’s ready to act to keep the U.S. economy from overheating if it needs to.

Treasury yields surged Wednesday — led by maturities around the five-year area — while measures of inflation expectations tumbled after policy makers surprised markets and signaled two quarter-point interest-rate hikes by the end of 2023. The central bank had previously projected rates would remain near zero through that year.

Fed Chair Jerome Powell also said officials had begun a discussion about tapering bond purchases. The pronouncements showed the central bank

Read More

Putin justifies imprisoning Navalny by demonizing the Black Lives Matter movement

Russian President Vladimir Putin. Putin told the foreign press that Black Lives Matter and Jan. 6th are reasons why he cracks down on dissent.

  • Russian President Vladimir Putin justified his authoritarian tactics on Wednesday.

  • ABC News reporter Rachel Scott asked him why his opponents end up dead or in prison.

  • Putin cited Black Lives Matter and the Capitol riot as reasons why he cracks down on dissent.

  • Sign up for the 10 Things in Politics daily newsletter.

Russian President Vladimir Putin on Wednesday mentioned both the Black Lives Matter movement and the January 6 Capitol insurrection as justification for the

Read More