Good morning, this is Michelle and today we’re asking what the future holds for Geneva’s Science and Diplomacy Anticipator, known as GESDA.
This week we’re keeping an eye on ministers coming to Geneva to discuss cooperation around cross-border watercourses, and on the WTO’s annual public forum – focusing this year on Covid and trade.
We’re also investigating El Salvador’s controversial decision to introduce Bitcoin as a legal currency, and what opportunities crypto could hold for other developing countries looking to follow suit. |
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Blue lights (Credit: Pexels)
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🔬 GESDA’s cross-sectoral summit
is taking place from 7 to 9 october. After initial doubts about whether the novel GESDA foundation could make good on its mission to prepare for future scientific developments in concrete ways, the project is getting a groundswell of support, making it likely that its investors will decide to extend its mandate beyond its August 2022 start-up deadline.
Geneva Solutions (EN)
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😷 WTO is holding it’s annual Public Forum
from Tuesday through Friday. Heads of state like South Africa’s Cyril Ramaphosa and company leaders like Biontech’s chief of operations Sierk Poetting will be attending to discuss how trade can help build resilience against Covid. The trade organisation has yet to close its debate on wavering patent rights on Covid vaccines, a topic that is likely to come up.
WTO (EN)
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Here's what else is happening
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Salvadorian President Nayib Bukele adresses the UN General Assembly on 23 September, 2021. (Credit: Keystone/EPA/Mary Altaffer)
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💰 El Salvador’s decision to introduce Bitcoin
as a legal tender this month has everyone wondering. Is it a dangerous bet that could tumble the fragile economy or is it a potential game-changer? To President Nayib Bukele, it is definitely the latter. While he did not explicitly mention it in his address to the UN General Assembly, he made it clear that the country is intent on creating its own new path towards development with the help of technological innovations. Beyond the media hype that his decision caused, it could also encourage other developing countries to follow suit.
Geneva Solutions (EN)
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