Month: September 2021

How to Save American Higher Education From Itself

In American higher education today, the equivalent of the holy trinity consists of diversity, equity, and inclusion. The impact of this pseudo-religion is difficult to overstate. For example, new faculty are often required to sign a loyalty oath pledging their fealty to “diversity,” while administrative positions with “equity” and “diversity” in their titles proliferate. In…


Massachusetts Police Union Asks Judge to Suspend COVID-19 Vaccine Mandate

The State Police Association of Massachusetts has called upon a judge to suspend the state’s COVID-19 vaccine mandate for troopers. Suffolk Superior Court judge Jackie Cowin heard the case on Wednesday. The state police union filed a lawsuit against the Commonwealth last Friday, seeking an injunctive relief prohibiting the state from implementing its vaccine mandate…


US Government to Probe Zoom’s $14.7 Billion Five9 Deal for National Security Risks

A U.S. government committee that reviews foreign investment in telecom is probing videoconferencing company Zoom’s $14.7 billion deal for cloud call center company Five9. In an August filing with the Federal Communications Commission, the Justice Department, which chairs the committee, said it would review the deal “to determine whether this application poses a risk to…


Growth Forecast for Developing Asia Downgraded as COVID-19 Persists

The Asian Development Bank (ADB) has lowered its 2021 economic growth outlook for developing economies in Asia, a region weakened by the rapid spread of new COVID-19 variants. The region’s economy will expand by 7.1 percent this year, down from the 7.3 percent forecast in April, the ADB said in its Asian Development Outlook Update…


Robinhood to Begin Testing Crypto Wallets, With Broader Launch in Early 2022

NEW YORK—Robinhood Markets Inc. said on Wednesday it plans to begin testing cryptocurrency wallets next month, with a broader rollout in early 2022, allowing its users to move supported digital currencies in and out of their brokerage accounts. The Menlo Park-based retail brokerage currently allows buying, selling, and holding of certain cryptocurrencies, like bitcoin and…


Mexico’s Kavak Says New Funds Make It Second-Most Valuable Startup in Latin America

MEXICO CITY—Mexican used-car platform Kavak said it has more than doubled its valuation to $8.7 billion based on its latest funding round, making it the second-most valuable startup in Latin America as it eyes further expansion beyond its home market. Kavak’s chief executive, Carlos Garcia, told Reuters the Mexico City-based firm netted $700 million in…


WHO’s Tedros Wins German Backing for Second Term

BERLIN—German Health Minister Jens Spahn backed a second term for World Health Organization chief Tedros Adhanom Ghebreyesus and called on other countries to support the former Ethiopian health minister ahead of a deadline this week. “We invite partner countries to join us nominating DG (Director General) Tedros,” Spahn told Reuters. The support is significant as…


Australia to invest $25.6m in the UN’s Junior Professional Officer Program

Australia will invest $25.6 million (US$ 18.51 million) over the next four years to assist young Australian professionals in gaining experience at international institutions that are critical to Australia’s interests. The fund will be used to sponsor the United Nations’ Junior Professional Officer Program, which recruits Junior Professional Officers (JPOs) for the UN Secretariat and…


National Demand Makes Monoclonal Antibodies Hard to Get in California

By Rong-Gong Lin II and Luke Money From Los Angeles Times LOS ANGELES—Health officials in California are warning of shortages and distribution problems for a medical treatment that can keep COVID-19 patients from falling critically ill. Monoclonal antibodies have been developed as a treatment for COVID-19. They are thought to be a way to counteract…


‘Allow People to Make Their Own Choice’: Former Australian PM on Melbourne Protests

Former Prime Minister Tony Abbott is urging authorities to let Australians make their own decision on whether to take the vaccine, amid ongoing protests in Melbourne involving thousands of Victorians against government-mandated COVID-19 restrictions. “I don’t think anyone should break the law, but I can certainly understand people resenting what they see as bad laws…