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Economist Podcasts

Vials and tribulations: the EU’s vaccine push

Economist Podcasts

The Economist

News, News & Politics

4.35K Ratings

🗓️ 27 January 2021

⏱️ 20 minutes

🧾️ Download transcript

Summary

The European Union’s vaccine rollout was slow and fragmented even before pharma companies warned of supply shortfalls; we ask what’s gone wrong. Australia’s proposed law that would force tech titans to pay news providers is just one front in a battle that might upend a foundational principle of the internet. And the bawdy baked goods that have captured Egyptians’ attention. For full access to print, digital and audio editions of The Economist, subscribe here www.economist.com/intelligenceoffer

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Transcript

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0:00.0

Hello and welcome to the intelligence on Economist Radio. I'm your host, Jason Palmer. Every weekday, we provide a fresh perspective on the events shaping your world.

0:17.1

A telling tech tussle is going on down under.

0:28.0

Australian authorities have drawn up plans to extract money from giants such as Facebook and Google for linking to news websites.

0:32.2

It's a battle long in the making that may set a global precedent.

0:38.1

And there's one thing dominating the public discourse in Egypt these days.

0:39.9

Filthy baked goods.

0:45.1

News of some risque cakes went very, very viral earlier this month,

0:48.6

and the reaction reveals a lot about how the country is being run. But first...

0:57.0

While the likes of America and Britain are racing ahead with vaccine programs, most of the 27 member states of the European Union have barely left the starting blocks.

1:13.0

To date, the EU has vaccinated just under 2% of its population. In Britain, it's more than 10% and in America, 6. And after that

1:21.1

sluggish start, the block looks like it'll be further hampered by a cut to supply.

1:26.6

AstraZeneca and Pfizer-Biontech have both said production problems will preclude them from meeting the expected numbers.

1:33.4

The EU says it will tighten export controls and is threatening legal action.

1:38.4

The president of the European Commission, Ursula von der Leyen, urged the companies to meet their promises.

1:43.7

Europe invested billions to help develop the world's first COVID-19 vaccines,

1:49.2

to create a truly global common good.

1:53.2

And now the companies must deliver.

1:55.8

They must honor their obligations.

1:58.7

AstraZeneca has defended its efforts, partly blaming the EU for delays in signing the contract.

2:04.6

The EU, for its part, hasn't yet approved the AstraZeneca vaccine.

2:08.6

That's expected to happen on Friday, a month behind Britain.

2:12.6

The European Commission had set a goal of inoculating 70% of Europe's adults by the summer.

...

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