By Megan Rowling | Just Transition Editor
Climate scientists and government officials are gathered in Switzerland this week to agree the final summary for policymakers in the latest blockbuster series of reports from the Intergovernmental Panel on Climate Change (IPCC) on global warming and how to keep it in check.
Coming before an important review of global progress on climate goals at the end of this year, it doesn’t take a PhD to work out that the key message will be along the lines of “must do better”.
Budget 2023: government needs to show it can jack up growth to regain economic credibility
Steve Schifferes, City, University of London
UK chancellor Jeremy Hunt’s spring budget is a tricky one in terms of timing. Having announced a set of steadying measures in the autumn statement after the Truss/Kwarteng debacle, this budget is likely to be the last but one before a 2024 general election. This makes it a little early for eye-catching tax cuts or business boosts.
IQAir World Air Quality Report 2022 Finds Only 5% of Countries Meet WHO PM2.5 Air Pollution Guideline
The 5th Annual World Air Quality Report reveals alarming details of the world’s most polluted countries, territories, and regions in 2022. For this year’s report, data from more than 30,000 air quality monitoring stations across 7,323 locations in 131 countries, territories, and regions was analyzed by IQAir’s air quality scientists. Read more
Silicon Valley Bank: how interest rates helped trigger its collapse and what central bankers should do next
Charles Read, University of Cambridge
A former prime minister of Britain, Harold Wilson, is famous for remarking that a week is a long time in politics. But in the world of finance, it seems everything can change in just two days.
Pfizer Invests $43 Billion to Battle Cancer
Proposed combination enhances Pfizer’s position as a leading company in Oncology
Seagen’s medicines, late-stage development programs and pioneering expertise in Antibody-Drug Conjugates (ADCs) strongly complement Pfizer’s Oncology portfolio
Seagen expected to contribute more than $10 billion in risk-adjusted revenues in 2030
Pfizer and Seagen to hold analyst and investor call at 8 a.m. EDT today
NEW YORK & BOTHELL, Wash.–(BUSINESS WIRE)–Pfizer Inc. (NYSE: PFE) and Seagen Inc. (Nasdaq: SGEN) today announced that they have entered into a definitive merger agreement under which Pfizer will acquire Seagen, a global biotechnology company that discovers, develops and commercializes transformative cancer medicines, for $229 in cash per Seagen share for a total enterprise value of $43 billion. The Boards of Directors of both companies have unanimously approved the transaction. Continue reading
Beko reveals consumers avoid wasteful, passing kitchen trends in favour of durable, quality designs
Forget flimsy mod-cons and passing social trends, a new study has revealed that timeless design and advanced technology are the most desired features in modern kitchens, according to Beko, the leading home appliance brand. Continue reading
Uncovering the secret religious and spiritual lives of sex workers
Daisy Matthews, Nottingham Trent University and Jane Pilcher, Nottingham Trent University
Tanya* is telling me just how important her Methodist Christianity is to her. We’re chatting over a video call, and I can see Tanya’s living room in the background. This also happens to be her workspace because Tanya, who is 50, is a full-time phone and cam sex worker. For Tanya, earning her living through sex work does not conflict with her religious beliefs at all. Tanya tells me that she had a client who talked to her about his enjoyment of wearing women’s clothing. He confided in her because they both shared the same religious identity.
HSBC will acquire the assets of SVB UK. Deposits will be protected
Here’s the HM Treasury statement:
Silicon Valley Bank (UK) Ltd has today been sold to HSBC. HSBC is headquartered in London, is the largest bank in Europe and is one of the world’s largest banking and financial services institutions, serving 39 million customers globally. Customers of SVB UK will be able to access their deposits and banking services as normal from today.
New Research in JNCCN Highlights the Negative Impact of Continued Exclusion of Racial Groups from Research on Cancer Genomics
New research in the March 2023 issue of JNCCN—Journal of the National Comprehensive Cancer Network highlights how the lack of genomic research for people with African ancestry, particularly those from the Sub-Saharan region, is hampering efforts to reduce disparities for people with cancer. In a first-of-its-kind study, the researchers evaluated molecular genetic results for 113 Black South African men diagnosed with advanced prostate cancer to find evidence for increased and potentially unique genetic testing recommendations. Continue reading
Why does music bring back memories? What the science says
Kelly Jakubowski, Durham University
You’re walking down a busy street on your way to work. You pass a busker playing a song you haven’t heard in years. Now suddenly, instead of noticing all the goings on in the city around you, you’re mentally reliving the first time you heard the song. Hearing that piece of music takes you right back to where you were, who you were with and the feelings associated with that memory.