Should You Be Able to Go to Church This Weekend? || EP 224
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On Monday, Forbes revealed Johnson & Johnson subsidiary Janssen Pharmaceutical was handed $450 million to work on a preventative treatment for COVID-19. Later, the pharma giant confirmed the coronavirus vaccine could roll out to the public by early 2021.
Now the company’s chief scientist says it will also spend $500 million as part of a $1 billion partnership with the U.S. government to research and produce a vaccine. And Paul Stoffels, chief scientific officer at Johnson & Johnson, says it will start manufacturing this month before the vaccine has gone through clinical trials or been approved by the FDA. That’s in order to get large quantities of the vaccine ready to go to market early next year, if it’s given the green light by regulatory agencies, Stoffels tells Forbes.
U.S. coronavirus restrictions create split among religious liberty advocates
https://www.reuters.com/article/us-health-coronavirus-usa-religion-idUSKBN21Q1AI
WASHINGTON (Reuters) - When an evangelical Christian pastor was arrested in Florida for flouting a stay-at-home order aimed at curbing the new coronavirus, a conservative religious liberty group was quick to leap to his defense.
Bernanke rejects Great Depression comparisons as he says GDP could slump by 30%
Ben Bernanke, the former chairman of the Federal Reserve, is a scholar of the Great Depression, a background he put to use during the global financial crisis when he invented many of the emergency lending programs the central bank is now reusing.
But he thinks the Great Depression is a bad comparison to make to the current economic nosedive caused by the shutdowns in reaction to the coronavirus pandemic.
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