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The FDA approves Pfizer’s vaccine

newsflight december 14

Markets

Nikkei 225

26,652.52

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BMV IPC

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Dow Jones

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DAX 30

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FTSE 100

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Market News

  • Hang Seng: Index drops have managed to affect Hong Kong’s Hang Seng index, among other fellow Asian indices. 
  • FTSE 100: The FTSE 100 has been looking down amidst continued Brexit conflict.
  • S&P 500: The US’ S&P 500 closed down three days in a row last week.

Last Week’s Highlights

The FDA Gives Authorization for Distribution of Pfizer Vaccine

The Food and Drug Administration finally gave authorization this past Friday for pharma giant Pfizer to begin the distribution of its coronavirus vaccine. The vaccine, which was created on part of Pfizer and BioNTech, is believed to be one of the most effective, with a rate of 95% effectiveness. Permission to distribute was granted as an emergency measure, ironically on the day with the most reported COVID-19 deaths in the United States.

Federal Executions Rock the United States

After Trump’s recent reinstallation of federal execution policy following 17 years without, two men have been put to death in the last two days. There are four additional executions that are expected to take place before Joe Biden takes office in January, 2021. For more than 100 years, during a transition period between presidents, executions have been put on hold. The Trump Administration has paid no heed to these traditions, and instead has continued to schedule more executions. 

Coming Up This Week

Latin America, the Pandemic, and Women Entrepreneurs

In Latin America, it is becoming increasingly clear that women will be the main workforce to help the region’s economies make it out of the current pandemic-induced recession. As women’s participation in the economies of various Latin American countries has continued to grow, that of men has lessened. For years, it has been harder for women in the region to start businesses, and this is based on a variety of factors, including less access to education, startup costs, and more.

EU to Cut Carbon Emissions

The European Union agreed this past week on new measures to cut carbon emissions in the region. The agreement highlights reducing carbon emissions 55% from those in 1990 for 2030, meaning that they have just 10 more years to be on par. Part of the idea behind these new measures is for the EU to be carbon neutral in the next 30 years.


More Things to Sip On…

An Iranian journalist executed for reporting on the country’s government.

Where will Boris Johnson go from here?

Have past Olympics been clean? Michael Phelps doesn’t think so.


Academy

5 Investment Tips To Become A Smart Investor

simple investment tips

“Why don’t you invest? Or why do your friends not invest? Many millennials report mistrust of the market, lack of know-how, insufficient funds, and student debt as barriers that prevent them from investing.”

Learn more »

6 Steps to set your Personal Financial Goals

financial goals

“No matter what stage of life you currently find yourself in, we’re pretty sure that you’ve given some thought about both your short- and long-term personal financial goals.”

Learn more »

20 Side Hustle Ideas to Boost Your Income

side hustle

“A side gig, moonlighting, or, as the kids call it these days, a side hustle is an excellent way to diversify your income, make a hobby profitable, and even build your confidence.” 

Learn more »

“During recession greed dies, frugality survives.”
– Amit Kalantri –


Disclaimer
Visit our Disclosures section for additional information. All market information provided was collected in the afternoon of December 11, 2020. The purpose of NewsFlight is to summarize and make accessible information on a variety of topics within the world of investing and personal finance, and thus cannot be considered formal research or reports. All sources utilized to compile the NewsFlight newsletter are considered trustworthy by the FlexInvest team. FlexInvest is not affiliated with and does not receive remuneration from the news sources used to compile NewsFlight. As well, any images or logos incorporated into the NewsFlight newsletter are not necessarily property of FlexInvest and may solely be included to provide context for the news covered. NewsFlight should not be taken as advice to sell or buy securities or to make any investment. When investing in securities or other financial products, there is always the potential to lose money or asset value. FlexInvest recommends that its users consider their investment objectives and risks before investing. Additionally, any projections or analysis made by authors of NewsFlight cannot be considered as a promise of future trends or returns. Opinions expressed in News Flight are not representative of FlexInvest Inc.

MARKET NEWS

More Things to Sip On…

FlexACADEMY

Disclaimer
All information provided was collected up to the last business day of the previous week of the release of this NewsFlight. The purpose of NewsFlight is to summarize and make accessible information on a variety of topics within the world of investing and personal finance, and thus cannot be considered formal research or reports. All sources utilized to compile the NewsFlight newsletter are considered trustworthy by the FlexInvest team. FlexInvest is not affiliated with and does not receive remuneration from the news sources used to compile NewsFlight. As well, any images or logos incorporated into the NewsFlight newsletter are not necessarily property of FlexInvest and may solely be included to provide context for the news covered. NewsFlight should not be taken as advice to sell or buy securities or to make any investment. When investing in securities or other financial products, there is always the potential to lose money or asset value. FlexInvest recommends that its users consider their investment objectives and risks before investing. Additionally, any projections or analysis made by authors of NewsFlight cannot be considered as a promise of future trends or returns. Opinions expressed in NewsFlight are not representative of FlexInvest.