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FT News Briefing

EMA to probe Sputnik vaccine, Renesas Electronics, Brazil crises

FT News Briefing

Forhecz Topher

News, Unknown, News & Politics, Daily News

4.41.2K Ratings

🗓️ 7 April 2021

⏱️ 10 minutes

🧾️ Download transcript

Summary

The EU drug regulator will launch an investigation next week into whether clinical trials of Russia’s Sputnik V Covid-19 vaccine contravened ethical standards, and Japan’s national champion, Renesas Electronics, is being forced to diversify due to the pressures brought on by the chip industry. Plus, the FT’s Latin America editor, Michael Stott, explains how president Jair Bolsonaro lost his grip of Brazil. 


EU regulator to probe ethical standards of Sputnik vaccine trials

https://www.ft.com/content/50031165-1f46-446b-be9a-36d553805fec?


Chip industry pressures spur Renesas to diversify

https://www.ft.com/content/c583fe71-4556-4ef9-9367-a175a2033767


Brazil’s coronavirus nightmare: ‘Bolsonaro is more isolated than ever’

https://www.ft.com/content/55713895-2423-4259-a222-f778f9587490


Nematodes the latest casualty of post-Brexit trade glitches

https://www.ft.com/content/888658ea-9b33-454e-bac5-c9d4a59eb201?




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Transcript

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0:00.0

Good morning from the Financial Times. Today is Wednesday, April 7th. This is your FT news briefing.

0:08.5

The EU's drug regulator plans to investigate Russia's Sputnik-5 vaccine.

0:13.3

Japanese chipmaker that's vital to the global auto industry is diversifying its business

0:18.6

and Brazil's president, Jair Bolsonaro, finds himself politically isolated

0:22.8

in facing an uphill battle against coronavirus.

0:25.7

The problem for Bolsonaro has been the emergence of this very tolerant P1 variant,

0:31.3

so that, if you like, has completely thrown Bolsonaro's plans out of Kilte.

0:36.4

I'm Mark Filipino and here's the news you need to start your day.

0:44.8

The European Medicines Agency is about to launch an investigation into Russia's COVID-19 vaccine

0:50.2

and weather trials violated ethical standards. The EU drug regulator told the FT

0:55.5

it's following up on reports that suggest participants may have been coerced into taking part

1:00.4

in the Sputnik-5 trials. The Kremlin's sovereign wealth fund, which is backing the trials,

1:05.5

denies this, the FT's pharmaceutical reporter, Denato Palo Mancini, broke the story.

1:25.4

I think that would be a significant boost for the vaccine, which hasn't received

1:32.2

positive attention from European politicians in the past few months.

1:36.4

Whichever way you look at it, I think the outcome matters if not just for a matter of getting

1:42.4

the actual doses of the vaccine into the EU, which might be happening at some point, we don't know,

1:47.4

but also for just the mere fact that the vaccine is found to be ethically trialed,

1:53.7

it's safe and effective, and the EMA, which is one of the most important regulators in the world,

1:57.7

actually backs it. Denato Palo Mancini is the FT's pharmaceutical reporter.

2:08.4

We've been looking at the global chip industry on the show lately, and yesterday we did a

2:12.7

story about the world's largest contract chip maker. It's called TSMC. The Taiwanese company

...

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