Alberta elections could boost Canadian oil image

Significance The NDP won 42% of the popular vote and 53 of the provincial assembly's 87 seats while the PC was reduced to eleven seats and third-party status. This surprising result will have important implications for Alberta's oil sector. It has also shattered preconceptions about what was previously considered Canada's most conservative province and may have significant implications for the federal election due in October. Impacts Keystone XL will face greater challenges as shale oil in the United States consolidates. Greater solar adoption poses a greater long-term threat to the Alberta gas sector. LNG exports will remain strong for geopolitical reasons, with Central-Eastern Europe seeking to diversify from Russian sources. However, LNG will face stiff opposition from First Nations groups in British Columbia.

Significance Canada’s Liberal Prime Minister Justin Trudeau is preparing to welcome a more predictable and stable partner in Biden than outgoing Republican President Donald Trump. However, Biden is also expected quickly to cancel the Keystone XL pipeline, cutting another lifeline to Canada’s oil industry and creating some strain in Canada-US ties. Impacts Improved Canada-US ties will persist even if Trudeau loses the next federal election to Conservative Erin O’Toole. Canada will re-engage militarily with UN peacekeeping and NATO deployments. Trudeau will encourage Biden to end US prosecution of Meng Wanzhou, allowing Canada to release her; Biden may agree. Canada’s border with the United States will open in stages as COVID-19 recedes. Ottawa will push Biden to end ‘Buy American’ procurement policies, with little success.


Significance Last week, its partners in the ‘Quad’ grouping -- the United States, Japan and Australia -- agreed to help increase its vaccine manufacturing and exporting capacity. Each of the Quad members is wary of China, which like India is gifting and selling coronavirus jabs around the world. Impacts India’s manufacturing sector will attract more foreign direct investment. Greater cooperation over supply chains will help strengthen India-Australia ties. Indian pharma will in the long term aim to ease dependence on imports of active pharmaceutical ingredients from China.


Significance They establish a framework for building China’s influence in the standard-setting realm over the next 15 years. China has developed a considerable presence in standards development organisations, both at the international level and in industry associations primarily based in the United States and Europe. However, its influence in these forums remains low relative to its ambitions. Impacts China will allow market-driven multistakeholder standards associations a greater role in a process so far coordinated mainly by the state. The Communist Party will maintain an overall leadership role in driving China’s standardisation work. China-led regional forums and China-based multistakeholder associations may in the long term displace US-based forums in specific areas. Environmental protection and 'green development' feature heavily in the guidelines, offering concrete areas for international cooperation. China will look to gain competencies in accreditation, certification, inspection and testing, where it has historically lagged.


2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Nuria Sánchez-Sánchez ◽  
Adolfo Cosme Fernández Puente

PurposeThe phenomenon of overeducation and the magnitude and persistence of the imbalance impact are analysed for the Spanish labour market from 2006 to 2013.Design/methodology/approachThe authors present random-effects probit estimations comparing individuals and their short-term and long-term labour mismatches.FindingsThe results support the existence of long-term persistence (status in the previous year) and short-term persistence (status at the beginning of the observed period) in overeducation. Precariousness in the labour market, measured by temporality or by the strong destruction of employment, could force individuals to choose a job below their qualification. Additionally, the phenomenon of overeducation is shown to have increased in the period 2010–2013 in relation to the period 2006–2009 independently of the region considered, though those regions with higher unemployment rates display greater imbalances.Research limitations/implicationsAlthough the results come from two different samples, it is possible to conclude that overeducation is a phenomenon that tends to perpetuate over time in Spain.Practical implicationsOne of the issues of greatest interest that is crucial to assess the relevance of the spreading of overeducation is whether overeducation can be considered as a temporal mismatch, in which case the seriousness of the problem would not be so important, or, on the contrary, as a persistent one, in which case, governments should take it into account in their education reform programmes.Originality/valueOvereducation persistence has been studied in countries such as the United States, Canada, Switzerland or Germany; however, in Spain, there are hardly any studies. Spanish labour market has certain specificities that make the analyses relevant: the high unemployment rates and high elasticity of employment with respect to the economic cycles. Under these circumstances, workers could opt for more stable positions that require a lower qualification than the one they have. This option could be even more convenient during crisis. Additionally, the article includes a disaggregated analysis by Spanish regions. The differences in the unemployment rates within and between regions are significant (some of them had at the beginning of the crisis an unemployment rate close to 7%, while in others it exceeded 12%) which allows the authors to study the phenomenon in different contexts.


2019 ◽  
Vol 85 (6) ◽  
pp. 631-637 ◽  
Author(s):  
Christina L. Kaufman ◽  
Neal Bhutiani ◽  
Allan Ramirez ◽  
Huey Y. Tien ◽  
Michelle D. Palazzo ◽  
...  

The field of vascularized composite allotransplantation (VCA) has moved from a highly experimental procedure to, at least for some patients, one of the best treatment alternatives for catastrophic tissue loss or dysfunction. Although the worldwide experience is still limited, progress has been made in translation to the clinic, and hand transplantation was recently designated standard of care and is now covered in full by the British Health System. This progress is tempered by the long-term challenges of systemic immunosuppression, and the rapidly evolving indications for VCA such as urogenital transplantation. This update will cover the state of and recent changes in the field, and an update of the Louisville VCA program as our initial recipient, the first person to receive a hand transplant in the United States celebrates the 20th anniversary of his transplant. The achievements and complications encountered over the last two decades will be reviewed. In addition, potential directions for research and collaboration as well as practical issues of how third party payers and funding are affecting growth of the field are presented.


2019 ◽  
Vol 87 (7) ◽  
Author(s):  
Maliha Batool ◽  
Andrew E. Hillhouse ◽  
Yurij Ionov ◽  
Kelli J. Kochan ◽  
Fatemeh Mohebbi ◽  
...  

ABSTRACTBorrelia burgdorferiis a tick-borne bacterium responsible for approximately 300,000 annual cases of Lyme disease (LD) in the United States, with increasing incidences in other parts of the world. The debilitating nature of LD is mainly attributed to the ability ofB. burgdorferito persist in patients for many years despite strong anti-Borreliaantibody responses. Antimicrobial treatment of persistent infection is challenging. Similar to infection of humans,B. burgdorferiestablishes long-term infection in various experimental animal models except for New Zealand White (NZW) rabbits, which clear the spirochete within 4 to 12 weeks. LD spirochetes have a highly evolved antigenic variationvlssystem, on the lp28-1 plasmid, where gene conversion results in surface expression of the antigenically variable VlsE protein. VlsE is required forB. burgdorferito establish persistent infection by continually evading otherwise potent antibodies. Since the clearance ofB. burgdorferiis mediated by humoral immunity in NZW rabbits, the previously reported results that LD spirochetes lose lp28-1 during rabbit infection could potentially explain the failure ofB. burgdorferito persist. However, the present study unequivocally disproves that previous finding by demonstrating that LD spirochetes retain thevlssystem. However, despite thevlssystem being fully functional, the spirochete fails to evade anti-Borreliaantibodies of NZW rabbits. In addition to being protective against homologous and heterologous challenges, the rabbit antibodies significantly ameliorate LD-induced arthritis in persistently infected mice. Overall, the current data indicate that NZW rabbits develop a protective antibody repertoire, whose specificities, once defined, will identify potential candidates for a much-anticipated LD vaccine.


Significance The ruling Justice and Development Party (AKP) should easily get the most votes, but it faces a likely setback and a dent in its authority. Weakening support from its voters and Turkey's proportional representation system are likely to drive its number of parliamentary seats down from the 327 out of 550 seats it won in 2011, perhaps even to the point where an overall majority is in doubt. Impacts Market confidence and the lira may weaken, but will not deteriorate drastically, unless AKP is forced out of office -- a remote scenario. Fiscal and monetary policy may be loosened to win support until a new government able to last for a full four-year term is in office. A politically weaker AKP risks long-term splits, but these will not emerge unless there have been months of instability. Growing internal discord -- and the government's defiant response to its critics at home and abroad -- may isolate Turkey internationally. The United States and EU will continue to avoid confrontation with the Erdogan government as far as possible.


Subject Croatia's new government. Significance Following early elections in September, the Croatian Democratic Union (HDZ) and the Bridge of Independent Lists (Most) have agreed to form a new, centre-right coalition under the premiership of Andrej Plenkovic. While the basic composition of the new government remains the same as the last, the present coalition has eschewed its predecessor's nationalist and protectionist bent in favour of political and economic liberalism. Croatia has thus embraced European conventions at a time when the EU's policy prescriptions are being widely challenged in much of Central-Eastern Europe (CEE). Impacts The new government has a rare opportunity to enact meaningful fiscal and structural reforms vital to Croatia's long-term economic viability. Promised reforms to the commercial environment could make Croatia a more attractive place for foreign investors to establish operations. The election of a mainstream, pro-European government will momentarily arrest the CEE-wide trend towards political and economic nationalism.


Subject The US arms control agenda. Significance Despite having less than a year in office, President Barack Obama's administration is sustaining a high-profile arms control agenda in 2016. The administration wants to restore several damaged treaties with Russia, broaden Russia-China-US cooperation on various non-proliferation issues and leave Obama's successor a firm nuclear security architecture. Arms control is a consultative, long-term diplomatic process, and is susceptible to the political imperatives of more immediate regional crises. Impacts Tacit US support of Israeli nuclear opacity will undermine arms control efforts in the Middle East. Post-Obama arms control efforts are likely to focus on the security of nuclear material, rather than strategic arms reductions. Senate retirements will undermine US arms control advocacy in Congress. The United States will retain its nuclear arsenal indefinitely despite criticism from its allies.


Significance The deal reached between Iran and the P5+1 negotiating group (UN Security Council permanent members plus Germany) on July 14 promises to end most sanctions on the country, in return for suspension and monitoring of its nuclear programme. If ratified by all parties, it will create opportunities for an expansion of Iran's gas production and exports. Iran is the holder of the world's largest gas reserves, according to BP estimates. It is also the third-largest producer (after the United States and Russia, and probably having overtaken Qatar during 2015), and the fourth-largest consumer. Impacts Iran could increase gas exports by advancing projects stalled by sanctions, although most of these will take some years to come to fruition. Iran would seek to attract foreign investment into its gas industry to increase production and exports in the longer term. If this occurs, Iran will compete with other gas exporters, particularly Russia, into the 2020s.


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