THINGS YOU MAY HAVE MISSED – DECEMBER 19

Panama Covid-19 update – another 105 added to active cases today, with 323 new cases reported and 2 new fatalities (taking the total since March 2020 to 7,400). There are now 4,092 active cases, with 19 in ICU 9up by 3) and 119 in other wards (down by 2), and another 170 (up 2) in hospital-hotel quarantine.

Our neighbour, Costa Rica, has reported its first confirmed Omicron case, an 8-year-old.

Despite Covid-19, numbers of migrants attempting the crossing from Colombia through the (extremely dangerous) Darien have soared this year. There are no roads through the mountains and jungle, but this year over 126,000 are reported (with, at least, 160 deaths), including women and children. The previous record year was 2016, when just 30,055 were reported. these people are not trying to get to Panama itself, but their aim is usually to eventually reach the US.

19 DECEMBER 2021 

INDIA: MORE NAMES IN BOLLYWOOD MONEY LAUNDERING ALLEGATIONS

On 19 December, Mint reported that the Enforcement Directorate in investigating a money laundering case has mentioned several Bollywood celebrities.

https://www.livemint.com/industry/media/money-laundering-case-bollywood-more-names-under-ed-scanner-11639904433261.html

FREEPORTS – NEW ACTIVITY OR DISPLACING JOBS?

On 19 December, an article from the BBC posed this question, saying that losing out on investment to freeports in England, which can offer big tax incentives, is not lost on parts of Scotland which are in the running for a version of the same initiative.  9 Scottish areas being considered for the Scottish government’s “greenport” status, focused on low-carbon energy and net-zero manufacturing.  It also points out that the main criticism of the freeport model, which is used in locations around the world, is that it doesn’t increase the amount of economic activity or create jobs, but displaces factories and jobs from elsewhere.

https://www.bbc.com/news/uk-scotland-scotland-business-59721230

BOMBARDIER SHARES DROP AS SWEDISH CORRUPTION PROBE UNFOLDS

On 19 December, Globe & Mail reported that Bombardier Inc. has lost a quarter of its market value over the past 8 weeks, a possible sign that investors are fretting over the potential impact of a Swedish corruption probe on the Canadian aircraft manufacturer’s balance sheet.  Involved is an indemnity to French train maker Alstom SA, tied to the Swedish corruption case, and which negotiated as part of Alstom’s takeover of Bombardier’s train business in January, secured by a €250-million bank guarantee.

https://www.theglobeandmail.com/business/article-bombardier-shares-drop-as-swedish-corruption-probe-unfolds

I would like it if some people (only a tiny minority here, thankfully) would read and take in the above advice – especially the part about your nose being covered!

 

Any modest contributions for my time and ongoing expenses are welcomed!  I have a page where you can do so, and where one-off contributions start as low as $3, at https://www.buymea3coffee.com/KoIvM842y