Biden Promises To Send 20 Million U.S. COVID Vaccine Doses Abroad
Experts and activists have said the move is a step in the right direction, but argue that the administration needs to do more to increase global vaccine production.
Biden to Donate American Vaccines
President Joe Biden announced Monday that his administration will send 20 million doses of American-manufactured COVID-19 vaccines abroad by the end of June, marking the first time he has pledged to give away shots that could be used in the U.S.
Biden previously said he would send other countries 60 million doses of AstraZeneca’s vaccine, which the U.S. previously purchased. Given that that vaccine has not been authorized in the U.S., many argued that it was not a huge sacrifice.
The decision comes as the president faces widespread criticism for not sharing the U.S. vaccines or doing more to fight the pandemic abroad while supply continues to outpace demand in America and deaths soar overseas.
According to The Washington Post, nearly half of all Americans have received at least one dose, compared with less than 5% of people in Asia and around 1% in Africa.
In his remarks Monday, Biden said the move was a step toward an “entirely new effort” to increase vaccine supplies and expand American manufacturing, which he painted as an opportunity to assert American leadership and authority over Russia and China.
He also claimed that the 20 million American-made doses he plans to give to other countries will represent 13% of the U.S. supply.
“This will be more vaccines than any country has actually shared to date — five times more than any other country — more than Russia and China, which have donated 15 million doses,” he said.
That figure, however, is slightly misleading. While it is true that Russia and China have donated around that amount, they have sold way more of their vaccines.
According to the UK-based research firm Airfinity, China has exported 252 million coronavirus vaccine doses, or 42% of its total production, while Russia has shipped 13 million, which amounts to around 37%.
Demands for More Action
Numerous experts and activists have said that while giving out 20 million American COVID vaccines is a step in the right direction, it does little to address the need for global production.
“It’s great to share, but redistributing 20 million existing doses has little impact on the global demand for the 10-to-15 billion doses needed,” Lori Wallach, who oversees global trade work for advocacy organization Public Citizen, told The Post. “Obviously, it’s better to share than not, but it’s like offering 20 million bites from our existing slice of pizza when … we need to be getting a bunch of new pizza production lines going as fast as possible.”
Biden, for his part, has pledged $4 billion to the global vaccine campaign known as COVAX. He has also recently said he would support waiving intellectual property protections for coronavirus vaccines.
Still, many people have argued that these efforts do not go far enough, and that the president and must do more to facilitate the transfer of information and technology from the U.S. vaccines abroad.
See what others are saying: (The Washington Post) (The Wall Street Journal) (NPR)
Disney Renders DeSantis-Appointed Oversight Board Powerless
The board is looking into avenues for potential legal retaliation, but Disney maintains its actions were “appropriate and were discussed and approved in open, noticed public forums.”
The Fight For Disney’s Special District
Disney has stripped powers from the board Florida Gov. Ron DeSantis (R) installed to oversee its theme parks, board members claimed.
According to the Orlando Sentinel, board member Brian Aungst Jr. said Disney’s action “completely circumvents the authority of this board to govern.”
DeSantis has been waging a war against the House of Mouse ever since the company condemned his controversial “Don’t Say Gay” law, which heavily restricts the discussion of sexuality in classrooms. To retaliate against the company, he took control of Disney’s special status that allowed it to operate as a self-governing district with autonomy over the land encompassing and surrounding Walt Disney World.
Disney operated under that special status for decades under the Reedy Creek Improvement District, but after DeSantis took over, it was changed to the Central Florida Tourism Oversight District. DeSantis appointed all members of the board, prompting concerns that it could be used to silence and sway Disney on social and cultural issues, including its content.
The oversight board gets control over infrastructure, property taxes, issue bonds, road and fire services, and other regulations. When DeSantis seized it, it was considered a big loss for the entertainment giant, but now, board members say the company may have lost little to no power at all.
As first reported by the Sentinel, Disney and the previous board signed an agreement allowing Disney to retain control over much of its land on Feb. 8, the day before Florida’s House signed the bill that gave DeSantis power to stack the board. Disney now holds veto powers over changes to the park, and any changes must be subject to the company’s “prior review and comment” to ensure thematic consistency.
The agreement also bars the board from using Disney’s name or trademarked characters like Mickey Mouse.
The Board’s Plan to Fight Back
Board members reportedly did not become aware of this until recently and discussed the issue at a Wednesday meeting.
“This essentially makes Disney the government,” board member Ron Peri said, via Click Orlando. “This board loses, for practical purposes, the majority of its ability to do anything beyond maintain the roads and maintain basic infrastructure.”
The subject of the agreement that has perhaps caught the most public attention is its staying power. The declaration says it will remain “in effect until 21 years after the death of the last survivor of the descendants of King Charles III, King of England living as of the date of this Declaration.” That means that so long as direct members of the royal family are alive, so is this deal.
According to BBC News, this is known as a “royal lives” clause and its use dates back to the 17th century, though it is rarely used in the U.S.
The board, however, already has plans to push back against Disney and has voted to hire outside legal counsel to evaluate their options.
“We’re going to have to deal with it and correct it,” Aungst said. “It’s a subversion of the will of the voters and the Legislature and the governor. It completely circumvents the authority of this board to govern.”
A spokesperson for DeSantis released a statement claiming that “these agreements may have significant legal infirmities that would render the contracts void as a matter of law.”
Disney maintains everything was above board.
“All agreements signed between Disney and the district were appropriate and were discussed and approved in open, noticed public forums in compliance with Florida’s Government in the Sunshine law,” the company said.
See what others are saying: (Orlando Sentinel) (Click Orlando) (The Washington Post)
White Supremacist Propaganda Reached Record High in 2022, ADL Finds
“We cannot sit idly by as these extremists pollute our communities with their hateful trash,” ADL CEO Jonathan Greenblatt said.
White supremacist propaganda in the U.S. reached record levels in 2022, according to a report published Wednesday by the Anti-Defamation League’s Center of Extremism.
The ADL found over 6,700 cases of white supremacist propaganda in 2022, which marks a 38% jump from the nearly 4,900 cases the group found in 2021. It also represents the highest number of incidents ever recorded by the ADL.
The propaganda tallied by the anti-hate organization includes the distribution of racist, antisemitic, and homophobic flyers, banners, graffiti, and more. This propaganda has spread substantially since 2018, when the ADL found just over 1,200 incidents.
“There’s no question that white supremacists and antisemites are trying to terrorize and harass Americans with their propaganda,” ADL CEO Jonathan Greenblatt said in a statement. “We cannot sit idly by as these extremists pollute our communities with their hateful trash.”
The report found that there were at least 50 white supremacist groups behind the spread of propaganda in 2022, but 93% of it came from just three groups. One of those groups was also responsible for 43% of the white supremacist events that took place last year.
White supremacist events saw a startling uptick of their own, with the ADL documenting at least 167, a 55% jump from 2021.
Propaganda was found in every U.S. state except for Hawaii, and events were documented in 33 states, most heavily in Massachusetts, California, Ohio, and Florida.
“The sheer volume of white supremacist propaganda distributions we are documenting around the country is alarming and dangerous,” Oren Segal, Vice President of the ADL’s Center on Extremism said in a statement. “Hardly a day goes by without communities being targeted by these coordinated, hateful actions, which are designed to sow anxiety and create fear.”
“We need a whole-of-society approach to combat this activity, including elected officials, community leaders, and people of good faith coming together and condemning this activity forcefully,” Segal continued.
See what others are saying: (Axios) (The Hill) (The New York Times)
Adidas Financial Woes Continue, Company on Track for First Annual Loss in Decades
Adidas has labeled 2023 a “transition year” for the company.
Adidas’ split with musician Kanye West has left the company with financial problems due to surplus Yeezy products, putting the sportswear giant in the position to potentially suffer its first annual loss in over 30 years.
Adidas dropped West last year after he made a series of antisemitic remarks on social media and other broadcasts. His Yeezy line was a staple for Adidas, and the surplus product is due, in part, to the brand’s own decision to continue production during the split.
According to CEO Bjorn Gulden, Adidas continued production of only the items already in the pipeline to prevent thousands of people from losing their jobs. However, that has led to the unfortunate overabundance of Yeezy sneakers and clothes.
On Wednesday, Gulden said that selling the shoes and donating the proceeds makes more sense than giving them away due to the Yeezy resale market — which has reportedly shot up 30% since October.
“If we sell it, I promise that the people who have been hurt by this will also get something good out of this,” Gulden said in a statement to the press.
However, Gulden also said that West is entitled to a portion of the proceeds of the sale of Yeezys per his royalty agreement.
Adidas announced in February that, following its divergence from West, it is facing potential sales losses totaling around $1.2 billion and profit losses of around $500 million.
If it decides to not sell any more Yeezy products, Adidas is facing a projected annual loss of over $700 million.
Outside of West, Adidas has taken several heavy profit blows recently. Its operating profit reportedly fell by 66% last year, a total of more than $700 million. It also pulled out of Russia after the country’s invasion of Ukraine last year, which cost Adidas nearly $60 million dollars. Additionally, China’s “Zero Covid” lockdowns last year caused in part a 36% drop in revenue for Adidas compared to years prior.
As a step towards a solution, Gulden announced that the company is slashing its dividends from 3.30 euros to 0.70 euro cents per share pending shareholder approval.
Adidas has labeled 2023 a “transition year” for the company.
“Adidas has all the ingredients to be successful. But we need to put our focus back on our core: product, consumers, retail partners, and athletes,” Gulden said. “I am convinced that over time we will make Adidas shine again. But we need some time.”