Where finance and media intersect with reality


Pfizer is suing Poland over vaccines. This is how we got here (POLITICO)

By Carlo Martuscelli · Nov 22, 2023 It took a while, but the bill finally came. On Tuesday evening, Gazeta Prawa reported that U.S. pharmaceutical giant Pfizer is taking the Polish government to court over missing payments for 60 million doses of the COVID-19 vaccine it developed with BioNTech. The lawsuit, which comes as Poland […]

BoE considers HMT indemnity for losses ‘binding’ (POLITICO)

By Izabella Kaminska · Nov 21, 2023 LONDON ― The Bank of England would likely treat any failure by the U.K. Treasury to transfer funds to cover losses related to quantitative easing as a breach of the indemnity it was issued by government in 2009, policymakers were told on Tuesday. The guarantee, that was theoretically […]