500 foreign companies have pulled up stakes in Russia, scaled back operations and investment, or pledged to do so.

“Russia does not have the capabilities to replicate domestically the technology that it would otherwise have gained from overseas,” according to an analysis by Capital Economics, a research group based in London. That is not a good sign for increasing productivity, which even before the war, was only 35 to 40 percent of the United States’.

The result is that however the war in Ukraine ends, Russia will be more economically isolated than it has been in decades, diminishing whatever leverage it now has over the global economy as well as its own economic prospects.


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Pfizer Vaccine Will Be Tested Against Variant from South Africa

BERLIN — European authorities will offer a coronavirus vaccine to every adult in an Austrian district battered by a surge in infections to determine how effective the inoculation is against the variant first found in South Africa.

Starting next week, everyone aged 16 and older living in the Schwaz district, near the western Austrian city of Innsbruck, will be eligible for free shots of the vaccine from Pfizer-BioNTech, as part of the unique drive to learn more about fighting the variant.

The study in Austria is part of a much broader global effort to answer a crucial question as the virus mutates and new variants emerge: Do vaccinations designed last year work against more recent mutations? If not, scientists will have to keep developing new versions of the inoculations.

Laboratory studies have shown that some vaccines that work well against earlier variants are less effective — though they still offer significant protection — against the variant known as B.1.351, which was first found in South Africa in December and has become the dominant one there.

the vaccine rollout has lagged among member states, far behind some other wealthy nations. About 6 percent of the bloc’s people have received at least one shot, compared to 16 percent in the United States, 31 percent in Britain and 55 percent in Israel.

angering authorities in Brussels.

The region has been one of Austria’s hardest hit by the coronavirus. The first cases of infection in the country were detected in the state capital of Innsbruck in February 2020. The following month, a superspreader event was traced to the ski resort town of Ischgl, where authorities later determined many Europeans contracted the virus while there on vacation, and then took it home with them.

Christopher F. Schuetze contributed reporting from Hanover, Germany