Global market surges on Covid-19 vaccine hopes
US markets surged on hopes of global economies reopening and news regarding a coronavirus vaccine, with companies coming out with their own versions. Questions remain on the logistics of developing the vaccine, producing it and administering it to the world’s population. Meanwhile, Germany’s top court has ruled on the Volkswagen emissions scandal, offering consumers compensation for their purchases. Plus, in the midst of the coronavirus pandemic, national governments and big tech are racing to create massive new forms of contact tracing, a move which has raised privacy concerns.
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