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Coronavirus dominates global sovereigns 2021 outlook: Fitch Ratings
Uncertainties over the spread of coronavirus as well as its immediate and longer-term economic implications will continue to exert pressure on global public finances in 2021, according to Fitch Ratings.
Oxford-AZ vaccine effective but questions remain for elderly
While trial results published in The Lancet found that the vaccine developed by the University of Oxford and AstraZeneca Plc is safe and effective, more analysis will be needed to see how well it works in people over 55, among those at higher risk from the pandemic.
Our aspiration to vaccinate 300 million people will depend on availability of enough number of vaccines. We hope given our vaccine production and development, it’s possibly within our grasp. Our vision for vaccination in the first phase may be a liberal one but we need to do this much to lower mortality impact.
- Dr VK Paul, the head of the National Expert Group on Vaccine Implementation for Covid-19
Pfizer promises tiered pricing for Covid-19 vaccine
US drugmaker Pfizer said on Tuesday it will have differential pricing for its Covid-19 vaccine as the company starts delivering millions of doses to countries where it expects to receive regulatory approval in the coming months.
Biden vows 100 million Covid-19 vaccinations in first 100 days
President-elect Joe Biden laid out his plan to fight the coronavirus pandemic during his first 100 days in office, saying his administration would vaccinate 100 million Americans, push to reopen schools and strengthen mask mandates.
Mexican president to wait turn for COVID-19 vaccine
Mexican President Andres Manuel Lopez Obrador said he will wait his turn for the COVID-19 vaccine, as officials detailed a plan that prioritizes healthcare workers and the elderly to receive the first doses.
Rudy Giuliani, diagnosed with COVID-19, says will leave hospital soon
President Donald Trump’s lawyer Rudy Giuliani said he is feeling better after contracting COVID-19 and expects to leave the hospital on Wednesday.
With vaccine drawing closer, US tops 15 million coronavirus cases
US coronavirus cases crossed the 15 million mark as regulators moved a step closer to approving a COVID-19 vaccine and Britain started inoculating people, offering hope of slowing a pandemic that killed 15,000 Americans in the last week alone.
Fitch says upgrades of major economies unlikely in 2021 despite vaccine
Fitch Ratings told Reuters that upgrades of any major economy are unlikely in 2021 despite recent developments related to COVID-19 vaccination, and that countries in Latin America, the Middle East and Africa show the highest level of vulnerability.
Trump administration makes new $916 billion offer for COVID-19 aid
The Trump administration proposed a $916 billion coronavirus relief package on Tuesday, after congressional Democrats had shot down a suggestion for a pared-down plan from the Senate’s leading Republican, Majority Leader Mitch McConnell.