Friday, May 22, 2020

Dutch food innovation lessons for Ireland


On December 6, 2019, King Willem-Alexander of the Netherlands (left) opened Unilever’s new global Foods Innovation Centre on the campus of Wageningen University, the leading global agri-food research hub. Unilever invested €85m in the new centre, named ‘Hive’ for its location amidst leading academic research centres, startups and external partners. From Hive, Unilever said it would lead its global foods innovation programs for brands like Knorr, Hellmann’s, The Vegetarian Butcher and Calvė. Areas of research include: plant-based ingredients and meat alternatives, efficient crops, sustainable food packaging and nutritious foods. The consumer goods giant said the energy-neutral Foods Innovation Centre, was rated “Outstanding” by the Dutch BREEAM assessment body for environmental performance, putting it among the most sustainable multifunctional buildings in the world.

Rising global population coupled with climate change, present enormous challenges. According to a 2019 United Nations report, since the pre-industrial period (1850-1900), the land surface air temperature has risen nearly twice as much as the global average temperature.

Thursday, May 07, 2020

Germany benefits from Euro but would also have thrived with D-Mark

Germany benefits from the euro in common with other member countries and it would pay a hefty price if the Euro System collapsed.

In 2012 the German finance ministry carried out a breakup analysis according to the Der Spiegel magazine and found that the breakup costs and the re-introduction of the D-Mark would lead to an up to 10% fall in GDP in the first year. Unemployment would rise again to its record high of over 5m in 2005.

Monday, May 04, 2020

Argentina's grim record of economic failures and debt defaults

In February 2020, Pope Francis, a native of Argentina, gave strong support to debt renegotiation at a Vatican seminar on debt owed by poor countries. Pope Francis greets Kristalina Georgieva, IMF managing director, as Martín Guzmán, the Argentinian economy minister, looks on. Ms Georgieva will likely be more forgiving by extending the payment time periods on IMF debt, than the Gnomes of Zürich and elsewhere!

"Argentina has suffered a long history of booms, busts and failed economic reform. The nation has defaulted on its debt eight times, suffered hyperinflation twice, and gone through multiple balance of payments crises as well as 20 IMF-supported economic programmes in 60 years."

Friday, May 01, 2020

Pandemics: Forgotten vaccine hero saved millions of lives

Dr Anthony Fauci (born 1940), the director of the National Institute of Allergy and Infectious Diseases since 1984, enters the Press Briefing Room of the White House on April 13, 2020, as a member of White House Coronavirus Task Force. In April 2005, Dr Fauci paid tribute to Dr Maurice Hilleman (1919-2005) after the latter's death.
"Maurice literally changed the world with his extraordinary contributions in numerous disciplines: virology, epidemiology, immunology, cancer research, and, especially, vaccine research and development.
Maurice was perhaps the single most influential public health figure of the 20th century, if one considers the millions of lives saved and the countless people who were spared suffering because of his work. Over the course of his career, Maurice and his colleagues developed more than 40 vaccines. Of the 14 vaccines currently recommended in the United States, Maurice developed eight."

On the morning of April 17, 1957, microbiologist Maurice Hilleman was in his office at the Walter Reed Army Institute of Research, in Maryland, north of Washington DC, when he saw amidst other foreign news a short report from Hong Kong on Page 3 of his copy of The New York Times.