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The COVID-19 crisis in India could cause a global economic chain reaction If SARS-CoV-2, the coronavirus that causes COVID-19, continues to surge in India, it could hobble businesses and indeed economies around the world, says Nada Sanders, university distinguished professor of supply chain management at Northeastern. AP Photo by Himanshu Sharma/Abaca/Sipa USA Twitter 0% The pace of vaccinations in India continues to drop as cases of COVID-19 in the country soar a humanitarian crisis that makes the country vulnerable to counterfeit medicines and could also have wide-reaching supply-chain consequences around the world, say Northeastern scholars of supply chain management and criminology. ....
More stories A shortage of the semiconductor chips that serve as the brainpower in millions of electronic devices has stalled the production of everything from cars to cell phones and sent companies racing to buy up as many of the chips as possible before supply runs out. Experts expect the shortage to last a couple years and will drive up the price of products in the short term. But it could also spur innovation and a re-imagining of the global supply chain as we know it, say two Northeastern scholars of engineering and supply chain management. “In the immediate term, there’s no question that we’re going to see massive shortages,” says ....
And then there were two. Injections of Johnson & Johnson’s single-dose coronavirus vaccine stopped across much of the U.S. on Tuesday, after federal health officials called for a pause in the use of the vaccine, leaving the Pfizer-BioNTech and Moderna vaccines as the remaining inoculation options. The announcement came as the U.S. Centers for Disease Control and Prevention, and the Food and Drug Administration said they are reviewing reports of six cases in which women who received that single-shot vaccine developed a rare, dangerous blood clotting disorder. As April 19 the day that all adults in the U.S. will be eligible to receive a coronavirus vaccine fast approaches, taking one of just three approved vaccines in the country off the table could complicate the public health campaign to vaccinate enough people against COVID-19 to reach a herd immunity threshold. ....
The economy is a "long-hauler" too - Sherbrooke Record sherbrookerecord.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sherbrookerecord.com Daily Mail and Mail on Sunday newspapers.
Business confidence in Massachusetts surged to an outright enthusiastic level in March, buoyed by COVID-19 vaccination progress and the final passage of a $1.9 trillion federal spending law. The Associated Industries of Massachusetts' monthly confidence index shot up by 4.5 points last month, capping a gain of 11.6 points since December. ....