G7

Is cutting UK taxes ahead of a general election affordable or not? An economist explains

Retrieved on: 
Wednesday, February 14, 2024

A Conservative government considering tax cuts a few months ahead of an expected general election may not sound very surprising.

Key Points: 
  • A Conservative government considering tax cuts a few months ahead of an expected general election may not sound very surprising.
  • Tax cuts are understandably popular – especially when household incomes have been squeezed by high inflation and rising interest rates.
  • Recent figures on UK borrowing led some analysts to suggest that it can.
  • Is one month of lower borrowing enough to counter the longer term problems faced by the UK economy?
  • Ever since the global financial crisis of 2008, the UK economy has been grappling with stagnated productivity and declining wages.

Growing, growing, gone

  • If cuts are financed by borrowing, they are likely to lead to serious repercussions for the economy (just ask the former prime minister Liz Truss).
  • But tax cuts driven by spending reductions – such as less money going on government borrowing debts – can have a positive impact.
  • Personal tax cuts would also have the simple but attractive benefit of giving workers in any sector a bit more money in their pay packet.
  • This lets companies deduct 130% of their investment in business equipment (known as “plant and machinery”) from taxable income.


Abhishek Kumar is affiliated with Centre for Social and Economic Progress (formerly Brookings India), New Delhi.

Edgepark adding first-of-its kind, fully automated insulin delivery system to diabetes portfolio

Retrieved on: 
Tuesday, February 13, 2024

TWINSBURG, Ohio, Feb. 13, 2024 /PRNewswire/ -- Edgepark announced today it is offering the newly launched Beta Bionics iLet Bionic Pancreas fully automated insulin delivery (AID) system as part of its comprehensive diabetes management solution portfolio. The iLet is the first and only system that does not require carbohydrate counting* and fully automates 100 percent of insulin doses. Designed for anyone six years of age and older living with Type 1 diabetes, it eliminates the traditional manual work previously involved with using an insulin pump.

Key Points: 
  • TWINSBURG, Ohio, Feb. 13, 2024 /PRNewswire/ -- Edgepark announced today it is offering the newly launched Beta Bionics iLet Bionic Pancreas fully automated insulin delivery (AID) system as part of its comprehensive diabetes management solution portfolio.
  • The iLet is the first and only system that does not require carbohydrate counting* and fully automates 100 percent of insulin doses.
  • "Edgepark is thrilled to offer the iLet as a first-of-its-kind device that uses automation to make diabetes simpler to navigate."
  • As with any insulin delivery system, users must also be able to load the insulin pump with insulin, insert an infusion set and troubleshoot when challenges occur.

The Parts Washer Market to Worth $1.93 Billion by 2029 - Growing Preference for Environmentally Friendly Cleaning Driving Evolution in the Market - Arizton

Retrieved on: 
Wednesday, February 7, 2024

The automotive industry is a major consumer of parts washers, and APAC has witnessed substantial growth in automotive manufacturing.

Key Points: 
  • The automotive industry is a major consumer of parts washers, and APAC has witnessed substantial growth in automotive manufacturing.
  • Amidst this trend, key vendors in the global parts washer market have shifted towards sustainable options to mitigate environmental impact.
  • Precise estimation of market size: Accurate assessments of the parts washer market size and its contribution and focusing on key market segments.
  • Competitive landscape analysis: A thorough examination of the market's competitive landscape is presented, including detailed information about companies operating in the parts washer market.

The Parts Washer Market to Worth $1.93 Billion by 2029 - Growing Preference for Environmentally Friendly Cleaning Driving Evolution in the Market - Arizton

Retrieved on: 
Wednesday, February 7, 2024

The automotive industry is a major consumer of parts washers, and APAC has witnessed substantial growth in automotive manufacturing.

Key Points: 
  • The automotive industry is a major consumer of parts washers, and APAC has witnessed substantial growth in automotive manufacturing.
  • Amidst this trend, key vendors in the global parts washer market have shifted towards sustainable options to mitigate environmental impact.
  • Precise estimation of market size: Accurate assessments of the parts washer market size and its contribution and focusing on key market segments.
  • Competitive landscape analysis: A thorough examination of the market's competitive landscape is presented, including detailed information about companies operating in the parts washer market.

Proton beam therapy: A modern treatment for cancer, but not in Canada (yet)

Retrieved on: 
Tuesday, February 6, 2024

Proton beam therapy is a more precise treatment that can better focus radiation on a cancer, reducing the side-effects of treatment.

Key Points: 
  • Proton beam therapy is a more precise treatment that can better focus radiation on a cancer, reducing the side-effects of treatment.
  • This leads to better cognitive function and fewer long-term side-effects among patients who receive proton therapy compared to X-ray (photon) treatment.
  • Although proton therapy is more expensive to deliver than photon radiation, studies have shown long-term cost-effectiveness of proton beam therapy for medulloblastoma.
  • In a study of more than 1,000 adults with other types of locally advanced cancer, proton therapy led to fewer unplanned hospitalizations.

Canadian patients need to travel for treatment

  • Researchers in the U.K. estimate that up to 15 per cent of all patients with curable cancers may benefit from proton therapy.
  • However, without a domestic facility, Canadians who need proton beam therapy must travel out-of-country to receive this medically necessary treatment for their cancer.


Patients who are able to travel out-of-country report high levels of stress and feelings of isolation. Many of these concerns would be reduced with a domestic, Canadian proton therapy facility.

Progress toward Canadian facilities


In 2016, Québec announced a partnership with a private health-care company to build a standalone proton therapy facility in Montréal.

  • It is recognized that the per-patient cost to deliver proton therapy would be less if a Canadian facility were available.
  • Canadian doctors and patients eagerly await the day when a cancer patient can receive this advanced treatment without travelling out of country.
  • Having access to proton therapy would also allow Canadian researchers to collaborate globally in scientific studies.


Derek Tsang receives research grant funding from ACCESS (https://accessforkidscancer.ca), the Brain Tumour Foundation of Canada, and the US National Cancer Institute. Tsang also received travel funding from Mevion Medical Systems in 2022.

Rapaport Press Release: Diamond Prices Rise, but Sales Slow

Retrieved on: 
Tuesday, February 6, 2024

Most of the increases happened in the first half of the month; prices have been stable since then.

Key Points: 
  • Most of the increases happened in the first half of the month; prices have been stable since then.
  • Lower-quality goods saw a greater correction after last year’s price slump: The price of 1-carat, D-to-L, SI1-to-SI2 diamonds rose 2.1% in January.
  • Sightholders welcomed the changes, but the goods remained expensive relative to polished and compared to rough prices at auctions and tenders.
  • Rapaport is firmly opposed to Belgium’s G7 power grab and has introduced the “Rapaport US Diamond Protocol” at Rapaport.com/sanctions to guide US regulators and legislators regarding effective implementation of sanctions that do not harm US jewelers, diamond dealers and consumers.

UK and US may recognise state of Palestine after Gaza war – what this important step would mean

Retrieved on: 
Tuesday, February 6, 2024

The US and UK governments have indicated they are considering recognising Palestine as a state after the current conflict ends.

Key Points: 
  • The US and UK governments have indicated they are considering recognising Palestine as a state after the current conflict ends.
  • US secretary of state, Antony Blinken, meanwhile told US media site Axios that he had commissioned the State Department to review potential options for US and international recognition of a Palestinian state.
  • Previously, US policy towards Palestinian statehood had been that this was a matter for negotiations between Israel and the Palestinian Authority.
  • International recognition would usher in a new phase for the realisation of Palestinian statehood.

Getting recognised

  • There is a detailed and complex process by which new states are recognised under international law, established in 1933 by the Montevideo convention on the rights and duties of states.
  • It abstained in the UN general assembly vote in 2012 that granted the non-member observer status at the UN.
  • It would change the situation to an international armed conflict which involves one or more states taking up arms against another.

Establishing accountability

  • In 2021, the ICC prosecutor initiated investigations into the “situation in the state of Palestine”.
  • In respect to the territorial scope of this jurisdiction and investigation, it extends to Gaza and the West Bank, including East Jerusalem.

Palestine’s obligations

  • Recognition as a state would involve certain obligations on the part of Palestine, both in terms of international law and human rights.
  • States have concrete obligations and duties under international law in relation to how they deal with armed conflicts.
  • They are also obliged to act according to international law in recognising and protecting human rights in the territory under their jurisdiction.


Tonny Raymond Kirabira does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

International Human Frontier Science Program Organization Releases 2024-2032 Strategic Plan: "Frontier Life Science in a Time of Change"

Retrieved on: 
Monday, February 5, 2024

As a strategy and roadmap to that future, "Frontier Life Science in a Time of Change" is unique because HFSPO is unique.

Key Points: 
  • As a strategy and roadmap to that future, "Frontier Life Science in a Time of Change" is unique because HFSPO is unique.
  • To read "Frontier Life Science in a Time of Change," in full, go to HFSPO Strategic Plan 2024-2032 .
  • The Human Frontier Science Program was established by the G7 countries at the initiative of former Prime Minister Yasuhiro Nakasone of Japan at the 1987 Venice Summit.
  • The mission of HFSPO is to foster bold, basic, frontier research in the life sciences and interdisciplinary collaborations around the world.

International Human Frontier Science Program Organization Releases 2024-2032 Strategic Plan: "Frontier Life Science in a Time of Change"

Retrieved on: 
Monday, February 5, 2024

As a strategy and roadmap to that future, "Frontier Life Science in a Time of Change" is unique because HFSPO is unique.

Key Points: 
  • As a strategy and roadmap to that future, "Frontier Life Science in a Time of Change" is unique because HFSPO is unique.
  • To read "Frontier Life Science in a Time of Change," in full, go to HFSPO Strategic Plan 2024-2032 .
  • The Human Frontier Science Program was established by the G7 countries at the initiative of former Prime Minister Yasuhiro Nakasone of Japan at the 1987 Venice Summit.
  • The mission of HFSPO is to foster bold, basic, frontier research in the life sciences and interdisciplinary collaborations around the world.

Dual memorandums of understanding cement Canada-UK science and innovation ties

Retrieved on: 
Wednesday, January 31, 2024

Canada and UK strengthen collaboration in science, innovation and artificial intelligence

Key Points: 
  • Canada and UK strengthen collaboration in science, innovation and artificial intelligence
    OTTAWA, ON, Jan. 31, 2024 /CNW/ - Canada is committed to pursuing international science and research collaborations with key like-minded partners.
  • As part of her official visit to Canada this week, the Right Honourable Michelle Donelan, the United Kingdom's (UK) Secretary of State for Science, Innovation and Technology, and the Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry, signed two memorandums of understanding (MOU).
  • Today's memorandums of understanding on scientific research and innovation and on AI compute will lead to positive impacts across all fields of research and innovation, help businesses accelerate commercialization and link our leading researchers together.
  • – The Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry
    "The UK's unique partnership with Canada across science, innovation and technology is built on a shared desire to be an active force for good on the global stage.