Yalies criticize US position, increase cash in response to the Afghan disaster

Zoe Berg, picture editor

As the crisis unfolds in Afghanistan, yalies associated with the country and region shared their views on the situation on the news, with reactions ranging from anger about US leadership to regret over the withdrawal. Some students have also organized a fundraiser for risk groups in the country.

The United States invaded Afghanistan after the September 11, 2001 attacks with the public goal of defeating al-Qaeda and disempowering the Taliban government. In 2020, President Donald Trump signed an agreement with the Taliban in which he pledged to withdraw all US forces from the country by May 2021.

“While reasonable people disagree, I believe the American withdrawal was misguided,” Ted Wittenstein, executive director of the International Security Studies Program, said in an email to the News.

The US stopped fighting in Afghanistan in 2014, and the number of American casualties has fallen dramatically since then. The August 26 bombing of Kabul Airport, killing 13 American soldiers, was the deadliest day in the war since 2011, when no Americans were killed in the previous 18 months. According to a study by Brown University’s Watson Institute of International & Public Affairs from April 2021, 169 Afghan civilians died that day, with more than 71,000 civilian casualties during the war.

Wittenstein also praised the success of the anti-terrorist operation in Afghanistan, describing it as “inexpensive”, but also pointing out the immense casualties of the Afghan security forces. However, he argued that the Biden government had made the wrong choice between withdrawing or escalating, noting that the government should have taken the “path of least resistance: staying on course.”

Rory Stewart, a senior fellow at the Jackson Institute for Global Affairs, agreed, saying there was “no evidence at all” to support the government’s argument that the US should either send more troops or withdraw altogether.

Stewart also blamed the Taliban takeover on the Biden and Trump administrations for signing and implementing an agreement that essentially turned Afghanistan over to the Taliban. Stewart argued that prior to the US signing the deal, the Taliban would have no chance of taking over the country the way they did because the US received treaties and air support.

“That situation changed instantly, and there is only one thing that has changed it: not that after seven years the Taliban have mysteriously got a new boost of energy,” said Stewart. “The only thing that has changed is that the US removed 18,000 contractors, crippling the entire Afghan Air Force and then withdrawing its own operators.”

Wittenstein also criticized the evacuation itself, describing it as hasty and poorly designed.

Wittenstein said that in particular the departure from Bagram Air Force Base, which took place in the middle of the night without notifying the Afghan commander, heightened the feeling of abandonment and “created a cascading effect.”

Zahra Yarali ’24, the political action chairman of the Muslim Students Association, opposed US military intervention in the first place, claiming that the humanitarian reasons for operations like those in Afghanistan are often used as a cover for more selfish reasons, from global hegemony in the country Resource competition.

“One would hope that we have learned the lessons from history and [have] accepts that when western powers go to the Middle East with somewhat selfish intentions, one really cannot hope that these people get a quality of life, ”Yarali told the News.

Yarali and Stewart agreed that the Afghan people must continue to be supported.

Stewart said the U.S. government must immediately ensure that people involved in humanitarian work do not get caught up in sanctions and should maintain very generous USAID funding for education and health facilities in the country.

Yarali and the MSA have focused on helping groups at risk. Most recently, the MSA successfully organized an online fundraiser for three Afghan charities.

The campaign raised around US $ 2,400, which went to three organizations that help Afghan people in need: Mothers of Afghanistan, which supports widowed mothers in the country, and the Child Foundation, which helps children living in poverty in schools stay, and Enable Children who support orphans or orphans abandoned children with disabilities.

According to Yarali, these charities are attractive because they are modeled on a relief fund in which the donated money is passed on directly to those in need via PayPal.

As thousands of Afghan refugees prepare to arrive in the US, Yarali urged private individuals to take responsibility for their integration in order to avoid as much bureaucracy as possible.

Wittenstein agreed that “America has an obligation to the Afghans who have supported American efforts over the past 20 years. At great personal risk, hundreds of thousands of Afghans were encouraged to get involved and help build civil society. Every effort must be made to identify, rescue and ultimately relocate these brave refugees. “

Given the 20-year conflict, Wittenstein was pessimistic about the future of US national security as a direct result of the withdrawal.

“The direct involvement of the US in the war may be over, but the war itself is far from over,” wrote Wittenstein. “Indeed, the conflict is entering a dangerous new phase of Taliban reprisals and civil war. These are exactly the conditions that made it possible for al-Qaida to establish a safe haven before September 11th. “

The last US troops left Afghanistan on August 30, 2021.


PHILIP MOUSAVIZADEH






Philip Mousavizadeh is in charge of the Jackson Institute. He is a freshman at Trumbull College studying ethics, politics, and economics

How the CFO function is reworking media and leisure

The following is a contribution from Stephen Blume, Vice President of Finance at Symphony MediaAI. The opinions expressed are your own.

Historically, media and entertainment CFOs were seen as leaders who managed expenses and always looked for ways to cut overheads. But these views are becoming obsolete.

Media and entertainment CFOs today prepare for tectonic changes in consumption as the pandemic subsides.

The pandemic accelerated the trend towards convenient in-home streaming services that offered a variety of choices. Many media and entertainment companies have acquired new customers at little cost. However, new content and affordable pricing options are required to keep these viewers’ subscriptions.

Media and entertainment companies also need to make sure they define their streaming strategies. Not all of them will have the same reach as Netflix. It will be important to serve niches and develop unique offerings in order to stay competitive in this area.

Stephen Blume

Courtesy Symphony MediaAI

These shifts are why six out of ten CFOs report that the demands on their role have increased since the beginning of the pandemic, requiring real-time forecasting and predictive analytics capabilities.

Technology as a differentiator

The role of CFO in media and entertainment has become increasingly complex. Ad-supported video on demand (AVOD) and other direct-to-consumer models have complicated sales management and data analysis workflows designed for traditional license and sales revenue. Binge and churn subscribers and general customer churn have shifted the organizational focus to KPIs like Customer Lifetime Value (CLV).

The good news is that as this complex ecosystem reacts to the end of the pandemic, revenues are unlikely to decline. They’ll grow at a much slower rate, however, as streamers gained so many subscribers last year. Unfortunately, that also means the cost of customer acquisition is likely to rise as media and entertainment companies compete for market share through promotions and prizes or through mergers and acquisitions, the latter of which have already started deals between them Amazon / MGM and Warner Bros. / Discovery.

This increasingly complex, competitive, and data-driven media and entertainment industry requires CFOs to take on more strategic roles in their companies. You can – and should – develop new skills to deliver strategic value in a landscape that changed dramatically just five years ago. This increasingly also includes a commitment to new technologies.

According to Ernst & Young, 58 percent of executives are from the media and entertainment sectors prioritize Process automation to optimize “low-value but necessary activities in labor-intensive corporate functions”. Gartner continues reported that 75 percent of CFOs expect to invest more time and effort into the implementation of artificial intelligence (AI) in 2021 than in previous years.

Much of the media and entertainment industry has already migrated their infrastructures to the cloud and integrated advanced analytics into their products. Think about streaming platforms, content algorithms, and subscriber behavior tracking. By using the same Skills can accelerate CFOs’ financial intelligence. Those who are able to navigate records for new perspectives and insights can identify revenue opportunities, risks, and operational efficiencies that might otherwise not be visible.

Finance teams can use AI to reduce operational overhead, scale data analytics, and improve decision-making quality with continuously available information. AI-powered insights also empower finance teams to deliver value to stakeholder functions such as marketing, sales, product development, and customer experience.

According to IBM, CFOs in the top performing companies are better at using AI and analytics to perform tasks like earnings analysis, planning, and reporting. The provision of real-time, predictive and highly accurate data greatly increases the value of the CFO when it comes to making strategic business decisions.

Disruption brings opportunities

According to a Financial Management Magazine surveyare turning CFOs from stabilizing companies during the coronavirus pandemic to rebuilding revenue streams. For many businesses, investments in technology and data are vital when they recover. Legacy systems need to be replaced allegedly the number one IT priority among M&E executives in 2021.

Subscriptions shifted from a primary source of income to one of many potential moneymakers. AVOD is projected grow by 11 percent CAGR by 2025. Streaming platforms compete with traditional studios, claiming three of the eight images nominated for best motion pictures at the 2021 Oscars.

At the same time, new challenges have arisen for media and entertainment CFOs in terms of customer loyalty and expansion, contractual and legal matters, and sales and license fees. The pandemic accelerated the social and economic trends that fueled these changes.

A Conviva study found Americans spent 44 percent more time watching streaming content in the fourth quarter of 2020 than a year earlier. And in late 2020, Netflix found that of its more than 200 million subscribers worldwide, 37 million had been added in 2020 – including more than 8.5 million new viewers in the fourth quarter alone. More recently, however Netflix reports weaker than expected revenue growth for the first quarter of 2021 due to the easing of bans and tougher competition in the streaming space. The numbers show that even the most successful media companies need every tool imaginable to keep fickle customers after the pandemic.

Data-driven insights enable CFOs and their companies to determine the content that the most viewers are getting and then analyze those viewers in-depth, such as how many viewers prefer which genres and leads, and other analysis. Equipped with AI to sort mountains of data and generate that insight, CFOs can take control of discussions about actor payments and royalties, license distribution, and advertising fees. Going a step further, these insights will make it easier for CFOs to track new growth indicators. In addition to churning rates, they can and should pay attention to customer lifetime value, average revenue per user, average revenue per content, and the total number of hours spent on their service offering.

time to act

Industry conditions have created immense opportunities for CFOs who can use their data to gain future-oriented insights. Incorporating the same analytical skills into the finance functions of media and entertainment companies will speed time-to-insight and ensure that revenue streams across the organization – marketing, content creation, product development, and more – are aligned. It also provides an opportunity to find growth opportunities.

CFOs still have to play the role of company resource allocation, but now they can have more meaningful investment conversations. You just have to employ the right technology to get them where the insight goes.

The way you react performs massive position in cash choices

I e-mailed some friends and colleagues a tweet I saw comparing European and American out of office replies. The European response was: “I’m away camping for summer. Please e-mail back in September.” The American version: “I have left the office for two hours to undergo kidney surgery, but you can reach me on my cell anytime.” I thought this was funny, not descriptive, but based on the responses I got, it turned out to be instructive.

We don’t see things as they are, we see things as we are. Therefore, financial planning cannot be meaningfully done by algorithm. Who you are is a cocktail of values you developed over time, messages you received growing up, your DNA, the relationships you have or desire.

While some people sent back the typical “Ha Ha” response to my e-mail, others took deeper dives. Where do you fit?

A colleague wondered, what if we wanted to have more of a European approach, but a client wanted us to respond while we were in the recovery unit? This question isn’t about business; it is about how we manage our anxiety in relationship to that of those with whom we are dealing. In most couples with whom we work, one person is more anxious than the other. Anxious-to-anxious responses lead to reacting rather than contemplating. This results inquick decisions that often hurt your financial and personal well-being. But calm-to-anxious doesn’t work. The anxious partner feels alone in their fears. The other partner needs to move toward the anxiety first to validate those feelings before coming up with ideas to manage (not remove) those feelings. Creating money agreements before chaos ensues helps. For example, if the market is falling, determine in advance to rebalance rather than sell.

A couple of other people wrote back saying that they would not want to have the European approach. That misses the point. Neither the European nor the U.S. response is more legitimate. Many of us move to the extremes in our planning because it feels more controllable. We want conviction, yet almost all financial decisions are more good than bad, rather than right or wrong.Money choices are experiments; information that disproves our thesis isn’t failure, it is useful information. Money is not like being on the operating table facing life or death. Don’t make money stakes greater than they are. If you disagree with anything I have written, please e-mail me in September when I am back from camping!

Spend your life wisely.

Ross Levin is the chief executive & founder of Accredited Investors Wealth Management in Edina. E-mail: Ross@accredited.com.

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UN to play position in new technique of transferring Qatari cash to Gaza — report

The United Nations will play a role in a new agreed mechanism to facilitate the transfer of Qatari money to Gaza, a report said Saturday.

The Channel 12 News without sources report stated that the Palestinian Authority would not be involved in the transfer of the cash, but that it would instead be done through the UN.

In addition, the report states that the money will not be transferred in cash cases, as in the past, but will reach the enclave via “other routes” without giving any further details.

Shortly after a ceasefire between Israel and the terrorist group Hamas came into effect last month after eleven days of fighting, announced that it would allocate $ 500 million to rebuild Gaza.

In recent years, with Israel’s consent, Qatar has distributed hundreds of millions of dollars in cash to enable the Hamas rulers in the Gaza Strip to pay for fuel for the Strip’s power plant, pay civil servants and aid tens of thousands of impoverished families. The Gulf state had already pledged $ 360 million aid to Gaza earlier this year.

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However, the payment of millions of dollars has not been sent since last month’s conflict as Israel refused to let the money in the strip until the terrorist group released two civilians and two bodies of IDF soldiers they were holding.

Clockwise from top left: Oron Shaul, Avera Mengistu, Hadar Goldin and Hisham al-Sayed (Flash 90 / Courtesy)

Egypt also opposed resuming payments to Qatar, insisting that a new mechanism be used to transfer them to Gaza so they don’t reach Hamas.

Qatar denies frequent allegations that the money went to terrorist groups in the enclave and says Israel knows how the money is being distributed.

Hamas was reportedly frustrated by the delays in receiving the latest aid supplies, a factor that allegedly contributed to the recurrence of the terrorist group’s balloon arson attacks.

Firefighters are trying to put out a fire in southern Israel that was triggered on June 15, 2021 by a balloon-borne incendiary device fired by Palestinians in the Gaza Strip. (Flash90)

Meanwhile, the new government’s senior security cabinet was due to meet for the first time on Sunday to reportedly approve operational plans for a possible resumption of hostilities in the Gaza Strip.

Channel 13 news reported that IDF Chief of Staff Aviv Kohavi and Defense Secretary Benny Gantz ‘plans were made on the premise that fighting in Gaza may not have ended and that preparations should be made for possible further rounds of violence.

The meeting comes after Israel carried out retaliatory air strikes in Gaza following balloon-supported arson attacks from the coastal enclave last week. The latest Strikes Thursday evening were far larger and more forceful than those launched earlier this week in response to similar air strikes from the strip, and appeared to be Israel’s most significant retaliation at fire balloons in three years since Palestinian terrorists used the tactic.

Masked Palestinian members of the Islamic Jihad terrorist group launch fire balloons from Gaza towards Israel on June 15, 2021. (Atia Mohammed / FLASH90)

After the strikes, a senior member of the Palestinian Islamic Jihad said On Saturday, Gaza terrorist groups sent a message to Egyptian mediators warning of a violent reaction if Israel continues to launch attacks on the strip in response to attacks that have burned crops and open land in southern Israel.

Khader Habib told the Al Ayam newspaper that if the retaliatory strikes and blockade of the Strip, which Israel deems necessary to prevent terrorist groups from building military capabilities, continue, “the [terror] Organizations will react in a similar way. “

“We will not allow the Israeli government to impose conditions on the resistance or isolate Gaza,” Habib said, according to public broadcaster Kan, adding that the terrorist groups have already drawn up a plan if Israel continues its actions.

Judah Ari Gross contributed to this report.

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Robert Englund says Freddy Krueger’s position modified his life | Leisure Information

Robert Englund admits that playing Freddy Krueger has made him an international star.

The 71-year-old actor played an icon in A Nightmare on Elm Street in 1984, and Robert confessed that it changed his life and career.

Robert, who also appeared in the TV miniseries “V” at the beginning of his career, explains: “I was lucky. I played my best friend and pal in the ’70s, but it ended up being everyone’s favorite redneck. I was already started in Holly Strange, who am I? I would know. When I was doing Freddie, it hit me with an international actor overnight.

“I’ve never had such a success. It was like grabbing a carousel ring. I understand, I was just waiting. “

Robert admitted that the new technology contributed to the success of the Nightmare on Elm Street franchise.

And given the popularity of various spin-offs, including other films and TV series, Robert now believes he is his “third generation fan”.

He told the Inside of You podcast, “My career matured during the video revolution, so I shot the film in the theater and became a hit again when it was released on video for everyone else to see. I’ve been twice that … and the TV series doesn’t count.

“And I not only have eight times as much, but also DVDs and Blu-rays, cables and cable marathons again. So you’re getting a new generation – I’m my 3rd generation fan. “

Robert Englund Says Freddy Krueger’s Role Changed His Life On Entertainment News

Source link Robert Englund Says Freddy Krueger’s Role Changed His Life On Entertainment News

Union County Man Admits Function in Cocaine Trafficking and Cash Laundering Conspiracy | USAO-NJ

NEWARK, NJ – A Union County, New Jersey man today admitted his role in a conspiracy against cocaine trafficking and money laundering, current US attorney Rachael A. Honig announced.

Jose A. Rivera Jr., 48, of Union Township, New Jersey, videoconference pleaded guilty to money laundering before US District Judge Stanley R. Chesler.

According to the documents submitted in this case and statements made in court:

Rivera is a leader in a drug trafficking and money laundering organization. Police officers learned that Rivera used various locations to conduct drug trafficking and money laundering on behalf of the organization, including his residence and a stash location in Union.

On November 6, 2020, law enforcement officers conducted lawful searches of the residence and hiding location and recovered over $ 1 million in cash, financial documents, and notes related to drug revenues and transactions. On November 7, 2020, police officers conducted a lawful search of Rivera’s vehicle and retrieved 191 grams of cocaine from a hidden compartment in the vehicle’s glove compartment.

Charges of conspiracy with intent to distribute cocaine carry a maximum sentence of 20 years in prison and a maximum legal penalty of $ 1 million or double the amount of the offense. The money laundering conspiracy charge has a maximum sentence of 20 years in prison and a maximum penalty of $ 500,000 or double the value of the property involved in the transaction. The conviction is scheduled for September 29, 2021.

Acting US attorney Honig has credited special agents to the US Drug Enforcement Administration under the direction of the responsible special agent Raymond Donovan in New York. Department of Homeland Security Special Agents, Homeland Security Investigations, under the direction of Special Agent Jason J. Molina in Newark; and US Postal Inspection Inspectors, led by Acting Inspector Rodney M. Hopkins in Newark, the investigation leading to today’s admission of guilt.

The indictment is part of an Organized Crime Drug Enforcement Task Forces (OCDETF) strike force initiative to set up permanent task force teams with multiple agencies working side by side in the same location. This same-location model enables agents from different agencies to collaborate on multi-jurisdictional intelligence operations to disrupt and dismantle major drug traffickers, money launderers, gangs and transnational criminal organizations. The New York Strike Force is a crime-fighting unit made up of federal, state, and local law enforcement agencies, led by the New York, New York, New York, New York, New York, New York, New York, New York, New York, New York, New York, New York, New York, Jersey are supported. The New York OCDETF Strike Force is housed in the DEA’s New York Division and includes agents and officers from the DEA. the NYPD; the New York State Police; HSI; IRS-CI; the alcohol, tobacco, firearms and explosives bureau; US Customs and Border Protection; US Secret Service; the US Marshals Service; New York National Guard; the Clarkstown Police Department; US Coast Guard; Port Washington Police Department; and New York State Department for Corrections and Community Oversight.

The government is represented by US assistant attorneys Lauren E. Repole of the Economic Crime Unit and Alexandra Tsakopoulos Saker of the OCDETF / Narcotics Unit in Newark.

Anthony Ramos ‘in talks for Transformers function’ | Leisure

Anthony Ramos is reportedly in talks for the upcoming Transformers sequel.

The “Hamilton” actor, who played both John Laurens and Philip Hamilton in the original Broadway production, will appear in Paramount’s new blockbuster directed by “Creed II” filmmaker Steven Caple Jr.

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Texas man sentenced for position in East Texas cash laundering scheme

A Texas man was sentenced to 35 months in prison for his role in a money laundering conspiracy in East Texas for a methamphetamine trading ring.

According to information from a Press release by the US Attorney’s Office for the Eastern District of Texas.

Munoz was laundering money for an organization that imports large quantities of methamphetamine from Mexico and distributes it to other parts of East Texas, according to court documents in Hughes Springs. Munoz received more than $ 15,000 in proceeds from human traffickers and shipped them to other locations in Mexico.

Munoz, 36, pleaded guilty to the conspiracy to commit money laundering on April 20, 2020 and was convicted on Wednesday.

“The drug trafficking is a predatory enterprise that targets vulnerable addicts while promoting violence and crime for profit,” said Nicholas J. Ganjei, acting US attorney for the Eastern District of Texas. “We are determined to cut off the flow of profits to those who would harm our communities to put them out of business.”

Operation Patch Over resulted in the indictment and conviction of Munoz and 21 other people involved in the organization. The numerous sentences included Oscar Dean Davis, leader of the methamphetamine distribution ring in East Texas, who was sentenced to 22 years in prison.

jorge.ramos@beaumontenterprise.com

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Essex County Man Admits Position in $23 Million Id Fraud and Cash Laundering Scheme | USAO-NJ

NEWARK, NJ – A Newark man today admitted his role in a major international money laundering conspiracy and the use of a stolen identity to promote the program, acting U.S. attorney Rachael A. Honig announced.

Edwin Deleon-Batista, 37, pleaded guilty to US District Judge Katharine S. Hayden via video conference. He was charged with one money laundering conspiracy and one with identity fraud.

According to the documents submitted in this case and statements made in court:

From March 2018 to October 2019, Deleon-Batista laundered over $ 23 million in cash drug proceeds on behalf of a money laundering organization closely associated with drug trafficking organizations in the Dominican Republic and elsewhere. Deleon raised large amounts of cash drug proceeds in New Jersey, New York, and Florida and washed them by buying cashier’s checks at local bank branches. The checks were paid to individuals and companies identified by the heads of the money laundering organization. By converting drug proceeds into bank drafts, Deleon sought to hide the source of the illicit cash and avoid scrutiny by law enforcement agencies and banks.

Deleon-Batista had previously been arrested in New York in April 2019 for federal money laundering. Shortly after his arrest, Deleon-Batista began using a stolen identity and obtained a fraudulent Florida driver’s license to continue the money laundering system. With the fraudulent license, he opened multiple bank accounts, which he used over a five-month period to convert millions of dollars in cash drug proceeds to bank checks in bank branches in New Jersey, New York, and Florida.

The money laundering conspiracy charge carries a maximum penalty of 10 years in prison and a maximum penalty of $ 250,000 or double the amount of the offense, whichever is greater. The identity fraud charge has a maximum prison term of five years and a maximum fine of US $ 250,000. The conviction is scheduled for June 22, 2021.

Acting U.S. attorney Honig wrote special agents and task force officers in the U.S. Drug Enforcement Administration of the New Jersey Division, led by Special Agent Susan A. Gibson, and the New York Division, led by Special Agent Raymond Donovan ; Special Agents and Task Force Officials from the IRS – Criminal Investigation, under the direction of Special Agent in charge Michael Montanez; and the Morristown, New Jersey Police Department, led by Acting Police Commissioner Darnell Richardson, with the investigation that led to today’s confession of guilt.

The government is represented by US Assistant Attorney Jonathan M. Peck of the Criminal Division in Newark.

This case is being conducted under the auspices of the Task Force on the Enforcement of Drugs in Organized Crime (OCDETF). The primary mission of the OCDETF program is to identify, disrupt, and dismantle the most serious drug, arms and money laundering organizations, and those primarily responsible for the country’s illicit drug supply.

India might play an vital function in producing vaccines

A medical professional holds Covid-19 vaccine Covaxin vial during the nationwide vaccination campaign in Jaipur, Rajasthan, India, Saturday, February 6, 2021.

Vishal Bhatnagar | NurPhoto | Getty Images

India could become the second largest Covid vaccine maker in the world, and analysts say the country has the capacity to manufacture for both its own people and other developing countries.

Most of the world’s vaccines historically came from India. Even before Covid-19, the South Asian country was producing up to 60% of the world’s vaccines – and at relatively low costs.

“India was a vaccine manufacturing center before the pandemic and should be a strategic partner in vaccinating against COVID-19 worldwide,” JPMorgan analysts wrote in a report last month.

Consultancy firm Deloitte predicts India will rank second after the US in terms of coronavirus vaccine production this year. PS Easwaran, partner at Deloitte India, said more than 3.5 billion Covid vaccines could be produced in the country in 2021, compared to around 4 billion in the US

In addition, companies in India are currently increasing production to meet demand.

“We are expanding our annual capacity to deliver 700 million doses of our intramuscular COVAXIN,” said Indian company Bharat Biotech, which worked with the Indian State Council for Medical Research to develop a Covid vaccine.

Covaxin has been approved for emergency use in India, however was controversial because of criticism that the approval was not transparent enough and because not enough efficacy data was published.

India vaccines suitable for developing countries

Another vaccine – known in India as Covishield and made by AstraZeneca and the University of Oxford – an emergency permit has also been issued in India. It is made locally by the Serum Institute of India (SII).

According to Reuters SII makes around 50 million cans of Covishield every month. and plans to Production increased to 100 million cans per month by March.

Other Indian companies have agreed to make vaccines for developers like the Russian Direct Investment Fund and a US company Johnson & Johnson. To be clear, these vaccine candidates have not yet been approved for use.

“Even without successful vaccine development from our own pipelines, the available capacity offers the opportunity to work as a contract manufacturer with approved vaccine developers in order to meet the supply needs, particularly for India and other countries [emerging markets]”said the JPMorgan report.

With a proven track record on the scale that vaccines are made, India should be able to ramp up production to meet international demand as well.

Nissy Solomon

Center for Policy Research

India’s vaccines are likely to be more suitable for developing countries, said K Srinath Reddy, president of the Public Health Foundation of India.

Some of the currently leading vaccines, such as those from Pfizer– –BioNTech and Modern, Take advantage of messenger RNA (mRNA) technology, which uses genetic material to trigger the body’s own infection control process.

These vaccines require “stringent cold chain requirements” that will be difficult or even “out of the realm of possibility,” for most health systems, Reddy said.

Vaccines made in India are easier to transport and cheaper, putting the country in a better position than the US and Europe when it comes to meeting demand in developing countries, he added.

India’s “proven record”

India’s enormous manufacturing capacity also gives analysts confidence that the country can provide vaccines to other nations.

New Delhi has promised to send vaccines to neighboring countries, and According to Reuters, the country has already shipped 15.6 million cans to 17 countries.

“India’s manufacturing capacity is sufficient to meet domestic demand,” said Nissy Solomon, senior research associate at the Center for Public Policy Research (CPPR).

“With a proven track record of the same scale as vaccines, India should be able to ramp up production to meet international demand as well,” she told CNBC.

Solomon added that the country is monitoring domestic needs before making decisions about exports.

For its part, Bharat Biotech said it was “fully prepared to meet the needs of India and global public health”.

Vaccine storage and distribution challenge

However, there will be challenges as the country attempts to meet vaccine demand in India and beyond.

Jefferies stock analyst Abhishek Sharma wrote in a note that vaccine adoption in India has been slow. Even assuming the speed of vaccination will increase, Sharma estimates that only 22% of India’s 1.38 billion people can be vaccinated in one year.

This is roughly the number of people India wants to vaccinate by July or august.

“The supply of vaccines is less of an issue than the storage, distribution and intake of vaccines,” said Solomon of CPPR.

“India is unable to store and distribute such large quantities to the masses,” she said, adding that the country should “strategically” choose vaccines that do not need to be stored in extreme temperatures.

I would say that [these challenges are] more like speed limiters slowing the program down than actual roadblocks where the program must be stopped.

K Srinath Reddy

Public Health Foundation of India

The vaccines that India is currently making require normal refrigeration, but those of Pfizer– –BioNTech must be kept at extremely cold temperatures of minus 70 degrees Celsius (minus 94 degrees Fahrenheit) while those of Modern must be stored at minus 20 degrees Celsius (minus 4 degrees Fahrenheit).

The “real challenge” lies in the sheer number of people who need to be vaccinated, said Reddy of the Public Health Foundation of India.

“This is the first time an adult vaccination program has been carried out on such an unprecedented scale,” he told CNBC.

He said vaccination programs usually focus on vaccinating children and mothers, and the logistics network may not be prepared to handle vaccines for entire populations.

Reddy suggested using the existing food cold chain for vaccines, hoping this could be resolved.

“I would say that [these challenges are] more like speed limiters slowing down the program than actual roadblocks where the program has to be stopped, “he said.