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Personalized Medicine’s Perverse Economics

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Personalized Medicine’s Perverse Economics

LONDON – Does personalized medicine cut the mustard when it comes to treating cancer? Richard Smith, a former editor of the British Medical Journal, believes that it does not. Using the mustard metaphor, he shows how personalized medicine undermines the pharmaceutical industry’s profits. If the one-size-fits-all approach to prescribing cancer drugs were abandoned, drug companies would be forced to change their business model, most notably by increasing prices radically – or stop producing the drugs altogether.

 

Developing Economies’ Long-Term Financing Shortfall

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Developing Economies’ Long-Term Financing Shortfall

WASHINGTON, DC – Since the global financial crisis, “banking” has practically become a swear word. But, while banks undoubtedly have the capacity to inflict serious damage on economies and livelihoods, a well-run financial system can offer significant benefits. A growing body of evidence, highlighted in the World Bank Group’s recent Global Financial Development Report,shows that financial institutions and markets have a profound influence on economic development, poverty alleviation, and the stability of economies worldwide, and that a pragmatic assessment of the state’s role in finance is warranted.

 

An Open Letter to President Ellen Johnson Sirleaf: “When will Justice Come?”

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An Open Letter to President Ellen Johnson Sirleaf: “When will Justice Come?”

Madam President:

Season’s Greetings!

The holiday season is a time of joy and celebration for Christians and non-Christians alike who find hope and comfort in the birth of our lord Jesus Christ, who was born and died so that all of us can be free from the original sins of commission and omission. The season is also a period of reflection. This is a time when people engage in deep reflection on their experiences, their trials and tribulations, and explore new meanings in their lives that would give them a springboard and usher them in to a new and promising year.

 

The Climate Countdown

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The Climate Countdown

LONDON – It seems to have become a ritual for United Nations climate negotiations to reach the brink of collapse before an intense, contentious compromise is achieved after the deadline. But the torturous conclusion to this year’s talks in Doha – in which nearly 200 countries agreed to extend the Kyoto protocol – has merely set the stage for more dramatic negotiations in 2015, when a new comprehensive agreement must be reached.

 

Vision 2030: A Commentary

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Vision 2030: A Commentary

On December 10 – 12, 2012 Liberians under the leadership of our President and witnessed by local dignitaries and members of the diplomatic corps, unveil a vision of Liberia in the next 20 years.  This gathering took place in the historic city of Gbarnga, Bong County.   The vision can be encapsulated in what follows: a resurgent nation arising from the ruins of a 14 years civil war, imbued with imaginative vigor, a spirit of innovation and a commitment to nation building and development.

 
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