About a year has passed since COVID-19 was declared a global pandemic. Over two million people have died directly from the virus itself thus far. Many more have died from ancillary causes. While the vaccines now in circulation offer a ray of hope for the masses, who are trapped in a cycle of isolation and precarity, the crisis is far from over. Not least because protectionism and “vaccine nationalism” are preventing billions of people from actually accessing these lifesaving resources. When will it all end?

The past few years of political turbulence have troubled the ruling class. They are facing unprecedented waves of protests and instability. They are now increasingly desperately trying to stabilise the situation using state expenditure and other concessions. This was seen at the World Economic Forum last month.