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Russia’s coronavirus vaccine Sputnik V approved for use in Mexico

  health ministry signed a contract Monday for 400,000 doses of Sputnik V that will arrive this month. That is still a tiny amount for Mexico”s 126 million people Mexico approved the Russian coronavirus vaccine Sputnik V for use Tuesday, just hours after the publication of early results of an advanced study saying it is about 91 per cent effective. Assistant Health Secretary Hugo Lpez-Gatell, the government’s pandemic spokesman, said the health ministry signed a contract Monday for 400,000 doses of Sputnik V that will arrive this month. That is still a tiny amount for Mexico’s 126 million people. It couldn’t come a moment too soon. Mexico has been hit so hard that hospitals in the capital were 87% full, and ambulance drivers waited hours to find an open bed for patients. Mexico has reported about 159,500 test-confirmed deaths related to  COVID-19 , but excess-death estimates place the real toll at well over 195,000. Unfortunately, because of the saturation of the hospitals and...

Jeff Bezos to step down, hand over Amazon reins to cloud chief Andy Jassy

  The announcement ends a long-running question about who would succeed the world’s second- richest person at the company’s helm Amazon.com Inc on Tuesday said founder Jeff Bezos would step down as CEO and become executive chairman, as the company reported a third consecutive record profit and quarterly sales above $100 billion for the first time. This summer, Bezos, 57, will hand the keys of the world’s largest online retailer to Andy Jassy, head of its cloud computing division. The announcement ends a long-running question about who would succeed the world’s second-richest person at the company’s helm. Jassy, 53, joined Amazon in 1997 after Harvard Business School, founding Amazon Web Services (AWS) and growing it to a cloud platform used by millions, the company’s website said. He had been a clear contender for the top job since  Amazon  created two CEO roles reporting to Bezos, the other held by recently retired consumer CEO Jeff Wilke. Tom Johnson, chief transformati...