Boosting confidence: On COVID-19 vaccine stocks

The downward trend in fresh coronavirus infections in India continues to inspire confidence that the pandemic is on the wane. The daily new cases fell below 10,000 for the third time this month. India’s tally is now 10.9 million cases and fresh reported fatalities were recorded below 100 for the eighth time this month, according to Health Ministry data. On January 1, there were around 20,000 fresh infections, which fell to about 11,000 by the month end. Should this sharp decline continue for this month too, then it would be a truly propitious turn of events. So far, around 8.2 million doses of vaccine have been administered to healthcare workers and some frontline workers, though this is still below the first lot of 16.5 million doses of Covishield and Covaxin that the government commissioned from their manufacturers. India has also managed to donate vaccines to neighbouring countries. For now, supply seems to far exceed demand, with only around half of those enrolled for vaccinations

Endless war: On Saudi Arabia’s Yemen blockade

The Biden administration’s decision to end U.S. support for Saudi Arabia’s Yemen war is a signal to Riyadh that the Trump-era open support it had enjoyed is a matter of the past. The U.S. offered support to Saudi Arabia’s campaign against the Houthi rebels in Yemen when Barack Obama was the President. Donald Trump continued that policy, overlooking the disastrous effects of the war that has turned Yemen, one of the poorest Arab countries, into a humanitarian catastrophe. In its last hours, the Trump State Department designated the Houthis, who are backed by Iran, as a terrorist organisation. Rights groups have condemned the move, saying that the designation would complicate aid efforts as the Houthis control a sizeable part of Yemen, including the capital. Mr. Biden has now taken a different line, initiating steps to remove the Houthis from the terror list, among other actions. This is part of his larger attempts to rewrite the U.S.’s West Asia policy which, under Mr. Trump, was almost
Editorial

Regulation lite: On self-regulation code for OTT channels

India’s Internet-based Over-The-Top (OTT) streaming services have operationalised a code of self-regulation from February 10, soon after the I&B Ministry announced that it had prepared a set of guidelines and directives for the industry. The inexorable growth of OTT channels has infused creative talent into film-making, aided by the absence of overbearing censors and vested interests, although it might be argued that it also has a small minority pursuing crass commercialism. COVID-19 buoyed subscription revenues from home-bound viewers for OTT ventures streaming films, reality shows, serials and documentaries, and with cinemas closed, even broke the industry taboo against online-first film releases. Yet, the urgency of this code arises not from any challenge to law and order or morality posed by films, but the gauntlet of police and court cases that film-makers and the channels are now having to run. Governments are also lending tacit support to the view that creative expression

Editorial

Setting the tone: On Biden’s first call to Modi

U.S. President Joe Biden has sounded the starting bell for the great game of bilateral give-and-take between Washington and major world powers, including India and China, when he made his first calls, as President, to key allies and partner nations. Already, it is evident that the issues and tensions that will define the cadence of U.S.-India ties and U.S.-China ties are variegated and embrace the complexity of today’s multi-dimensionally interconnected world. While some analysts complained that Mr. Biden took “too long” to call Prime Minister Narendra Modi, on February 8, it is noteworthy that the call was shortly after the White House had reached out to immediate neighbours and treaty allies, thereby indicating that Washington’s engagement with India will continue to be a priority. Mr. Biden’s call with Chinese President Xi Jinping, which came two days later, reflected a sharper, even strident, exchange of views, with palpable diplomatic choke points, including China’s actions

Editorial

Order at the border: On disengagement at the LAC

India and China finally reaching an agreement on disengagement at Pangong Lake, which has been at the heart of the recent LAC tensions, is a promising start towards restoring peace in the border areas. Defence Minister Rajnath Singh has said both sides will cease their forward deployments on the north and south banks of the lake in a phased, coordinated, and verified manner. China’s Ministry of Defence announced an agreement “to start synchronised and organised disengagement”. Both sides have agreed to a temporary moratorium on patrolling in the disputed areas north and south of the lake. The withdrawal of armoured elements, including tanks that have been in dangerously close proximity, began on Wednesday. All frontline personnel will subsequently be withdrawn over the next two to three weeks. North of the lake, China’s troops will return to their base at Sirijap, east of Finger 8, while India’s troops will similarly return to their permanent base at Dhan Singh Thapa post, at Finger

Tender cut: On cryptocurrencies and regulation

Media as target: On ED searches at NewsClick office

Origin and spread: On the source of SARS-CoV-2

Troubled mountains: On Uttarakhand glacier disaster

Law and compassion: On remission to life convicts in Rajiv Gandhi assassination case

Staying watchful: On RBI and prices

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