World Bank

Novo Nordisk Foundation partners with CARB-X to fight drug-resistant infections

Retrieved on: 
Tuesday, January 9, 2024

"Like CARB-X, the Novo Nordisk Foundation is committed to driving innovation in the fight against drug-resistant infections," says Peter Lawætz Andersen, Senior Vice President, Infectious Diseases at the Foundation.

Key Points: 
  • "Like CARB-X, the Novo Nordisk Foundation is committed to driving innovation in the fight against drug-resistant infections," says Peter Lawætz Andersen, Senior Vice President, Infectious Diseases at the Foundation.
  • The grant is also part of a broader commitment from the Foundation and Novo Holdings to fight drug resistance through the development of innovative products.
  • The Foundation is also funding a major new initiative – the Novo Nordisk Foundation Initiative for Vaccines and Immunity – that will reduce the use of antibiotics and thus the spread of AMR by developing vaccines against respiratory infections.
  • With this grant, the Novo Nordisk Foundation joins major governments and foundations in supporting the work of CARB-X.

Novo Nordisk Foundation partners with CARB-X to fight drug-resistant infections

Retrieved on: 
Tuesday, January 9, 2024

"Like CARB-X, the Novo Nordisk Foundation is committed to driving innovation in the fight against drug-resistant infections," says Peter Lawætz Andersen, Senior Vice President, Infectious Diseases at the Foundation.

Key Points: 
  • "Like CARB-X, the Novo Nordisk Foundation is committed to driving innovation in the fight against drug-resistant infections," says Peter Lawætz Andersen, Senior Vice President, Infectious Diseases at the Foundation.
  • The grant is also part of a broader commitment from the Foundation and Novo Holdings to fight drug resistance through the development of innovative products.
  • The Foundation is also funding a major new initiative – the Novo Nordisk Foundation Initiative for Vaccines and Immunity – that will reduce the use of antibiotics and thus the spread of AMR by developing vaccines against respiratory infections.
  • With this grant, the Novo Nordisk Foundation joins major governments and foundations in supporting the work of CARB-X.

Ministerial Roundtable Sets Stage for Future Minerals Forum 2024: A Global Collaboration on Sustainable Minerals

Retrieved on: 
Tuesday, January 9, 2024

RIYADH, Saudi Arabia, Jan. 9, 2024 /PRNewswire/ -- The Ministerial Roundtable, a pivotal precursor to the third edition of the Future Minerals Forum, is poised to take the spotlight on 9 January 2024. Led by its Chair, H.E. Bandar Ibrahim AlKhorayef, Minister of Industry and Mineral Resources of the Kingdom of Saudi Arabia, the Ministerial Roundtable will serve as a pivotal gathering for global mining and metals stakeholders to engage in vital discussions and foster collaboration on responsible mineral development to meet the needs of the clean energy transition.

Key Points: 
  • Over 77 countries set to join including G20 countries US, UK, China, and Japan
    RIYADH, Saudi Arabia, Jan. 9, 2024 /PRNewswire/ -- The Ministerial Roundtable, a pivotal precursor to the third edition of the Future Minerals Forum, is poised to take the spotlight on 9 January 2024.
  • First initiated in January 2022, the Ministerial Roundtable was conceived to launch initiatives aimed at enhancing cooperation and coordination in the mineral sector.
  • These initiatives encompass critical areas such as establishing principles for a regional critical minerals framework, developing centers of excellence, defining responsible supply expectations, and creating green metals hubs.
  • The super region extending from Africa to Western and Central Asia has promising mining potential and capabilities and is capable of meeting the expected gap in future demand.

Ministerial Roundtable Sets Stage for Future Minerals Forum 2024: A Global Collaboration on Sustainable Minerals

Retrieved on: 
Tuesday, January 9, 2024

RIYADH, Saudi Arabia, Jan. 9, 2024 /PRNewswire/ -- The Ministerial Roundtable, a pivotal precursor to the third edition of the Future Minerals Forum, is poised to take the spotlight on 9 January 2024. Led by its Chair, H.E. Bandar Ibrahim AlKhorayef, Minister of Industry and Mineral Resources of the Kingdom of Saudi Arabia, the Ministerial Roundtable will serve as a pivotal gathering for global mining and metals stakeholders to engage in vital discussions and foster collaboration on responsible mineral development to meet the needs of the clean energy transition.

Key Points: 
  • Over 77 countries set to join including G20 countries US, UK, China, and Japan
    RIYADH, Saudi Arabia, Jan. 9, 2024 /PRNewswire/ -- The Ministerial Roundtable, a pivotal precursor to the third edition of the Future Minerals Forum, is poised to take the spotlight on 9 January 2024.
  • First initiated in January 2022, the Ministerial Roundtable was conceived to launch initiatives aimed at enhancing cooperation and coordination in the mineral sector.
  • These initiatives encompass critical areas such as establishing principles for a regional critical minerals framework, developing centers of excellence, defining responsible supply expectations, and creating green metals hubs.
  • The super region extending from Africa to Western and Central Asia has promising mining potential and capabilities and is capable of meeting the expected gap in future demand.

Quasar Markets Launches Feb. 2 with a Pioneering FinTech Platform That Redefines the AI User Experience

Retrieved on: 
Tuesday, January 9, 2024

Quasar Markets aims to redefine the world of finance by changing the way investors and financial professionals access and use artificial intelligence.

Key Points: 
  • To view an enhanced version of this graphic, please visit:
    Quasar Markets' goal is to be the "One Platform, Unlimited Possibilities" destination for financial information.
  • Fintech companies can also implement Quasar Markets as a Software as a Service (SaaS) platform for their users.
  • Currently, Quasar Markets is in the final stages of fundraising and will showcase the platform at peripheral events of the 54th World Economic Forum on Jan. 15-19 in Davos, Switzerland.
  • Quasar Markets has been fine-tuned over years of thought and planning by Orr and the need for an agnostic financial technology ecosystem.

Consumer Energy Alliance Announces New Board Member Additions

Retrieved on: 
Monday, January 8, 2024

Consumer Energy Alliance (CEA) welcomed two noteworthy energy experts to its growing board of directors, CEA President David Holt announced today.

Key Points: 
  • Consumer Energy Alliance (CEA) welcomed two noteworthy energy experts to its growing board of directors, CEA President David Holt announced today.
  • One of CEA’s new directors is Michelle Michot Foss, Ph.D., a fellow in energy, minerals and materials at Rice University’s Baker Institute.
  • We need organizations like CEA to build consumer and customer awareness on energy policy tradeoffs that can constrain energy supply and increase costs.
  • CEA also welcomed new Board Member, Chett Chiasson, Executive Director of the Greater Lafourche Port Commission.

MobilePhysics Unveils the First-ever Real-time Environment Monitoring Toolkit for Smartphones at CES

Retrieved on: 
Monday, January 8, 2024

By leveraging existing sensors and extracting information from a phone’s immediate surroundings, MobilePhysics transforms any smartphone into a “personal envirometer” utilizing computational physics and AI.

Key Points: 
  • By leveraging existing sensors and extracting information from a phone’s immediate surroundings, MobilePhysics transforms any smartphone into a “personal envirometer” utilizing computational physics and AI.
  • MobilePhysics solution is equipped with the capabilities to measure air quality, smoke levels, temperature, UV exposure, and other environmental parameters and alert users in real-time.
  • Co-founders Dr. Erez Weinroth and Matan Guter are experts in environmental modeling and atmospheric science, and big data and algorithms, respectively.
  • The MobilePhysics software collects localized environmental metrics using multiple sensors on a user’s smartphone and then analyzes them to accurately report hyper-local conditions.

China's capitalist reforms are said to have moved 800 million out of extreme poverty – new data suggests the opposite

Retrieved on: 
Sunday, January 7, 2024

It has become an article of faith among many economists that China’s pro-market reforms of the 1980s and 1990s ushered in a sustained reduction in poverty.

Key Points: 
  • It has become an article of faith among many economists that China’s pro-market reforms of the 1980s and 1990s ushered in a sustained reduction in poverty.
  • That’s a fair chunk of the world population, which is currently about eight billion.

It depends how you define purchasing power

  • The World Bank calculations use purchasing power parity, which is a standard way of comparing general purchasing power over time and between countries.
  • But this approach does not tell us about people’s purchasing power over the specific goods and services that are necessary for survival.
  • It reached a peak of 68% as price deregulation pushed up the cost of basic food and housing, cutting the buying power of low-income people.

Under communism, China subsidised necessities

  • Socialist policies can keep the cost of meeting basic needs low in a way overall price measures don’t pick up.
  • This seems to have been the case in China.
  • This meant US$1.90 was able to buy more basic necessities in China than in comparable capitalist countries.
  • But other social indicators support our finding that extreme poverty was lower in China than in India, Indonesia and Brazil in the 1980s.

Economic growth by itself is not enough

  • China’s impressive industrial development has, of course, led to substantial improvements in access to modern appliances, information technology and other goods.
  • Read more:
    China's population is now inexorably shrinking, bringing forward the day the planet's population turns down


Jason Hickel acknowledges support by the María de Maeztu Unit of Excellence grant from the Spanish Ministry of Science and Innovation. Dylan Sullivan and Michail Moatsos do not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

Alaska Energy Metals Files NI 43-101 Technical Report for the Eureka Property, Nikolai Nickel Project, Alaska, USA

Retrieved on: 
Saturday, January 6, 2024

Base case cutoff grade is 0.20% Ni calculated from a Ni price of US$23,946/tonne (US$10.9 US$/lb), surface mining cost of US$2.50 per tonne, and processing costs US$25.00 per tonne.

Key Points: 
  • Base case cutoff grade is 0.20% Ni calculated from a Ni price of US$23,946/tonne (US$10.9 US$/lb), surface mining cost of US$2.50 per tonne, and processing costs US$25.00 per tonne.
  • There is no certainty that any mineral resource will be converted into mineral reserve.
  • Mr. Loveday declares he has read this press release and that the scientific and technical information relating to the resource estimate are correct.
  • Gabriel Graf, the Company’s Chief Geoscientist, is the qualified person, as defined under National Instrument 43-101 guidelines, who reviewed and approved the preparation of the technical information in this news release.

ROCKLEY DEADLINE ALERT: Bragar Eagel & Squire, P.C. Reminds Investors that a Class Action Lawsuit Has Been Filed Against Rockley Photonics Holdings Limited and Encourages Investors to Contact the Firm

Retrieved on: 
Saturday, January 6, 2024

Investors have until January 8, 2024 to apply to the Court to be appointed as lead plaintiff in the lawsuit.

Key Points: 
  • Investors have until January 8, 2024 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
  • Click here to participate in the action.
  • Rockley specializes in the research and development of integrated silicon photonics chipsets and modules for sensory and communications products.
  • There is no cost or obligation to you.