‘Children at lower risk from Covid, vaccines should go to poor’

Countries with high coverage in at-risk populations should prioritise global sharing, says WHO GENEVA: As children and adolescents are at lower risk of severe Covid -19 disease, countries should prioritise sharing vaccine doses with the COVAX programme to bring urgently needed supplies to poorer countries, the World Health Organisation said on Wednesday. Some rare cases … Read more

Covid now a pandemic of poor nations, WHO envoy tells UK MPs | Coronavirus

Covid is now a pandemic of poor nations, a leading global expert has told a cross-party group of MPs, adding that governments that are attempting to vaccinate their way out of the pandemic are taking a huge risk.Dr David Nabarro, the World Health Organization’s special envoy on Covid, told the all-party group on coronavirus that … Read more

US school bus drivers in nationwide strikes over poor pay and Covid risk | Schools

Yellow school buses are part of the American streetscape, familiar to families across the US and an easily recognizable symbol the world over.But the drivers of the vehicles that shuttle America’s children to and from school are now caught up in the wave of labor unrestsweeping across the US in the wake of the Covid-19 … Read more

Gold is becoming poor man’s crypto, says Goldman Sachs’ head of Energy Research

Financial Express - Business News, Stock Market News

In October this year, JPMorgan had said in a note that institutional investors appear to be returning to bitcoin perhaps seeing it as a better inflation hedge against gold. (Image: Pexels.com)“Just like we argue that silver is the poor man’s gold, gold is maybe becoming the poor man’s crypto,” Goldman Sachs’ Head of Energy Research … Read more

Gold Is Becoming Poor Man’s Crypto – Economics Bitcoin News

Goldman Sachs Says 'Crypto and Gold Do Not Have to Cannibalize Each Other'

Goldman Sachs’ head of energy research says, “Just like we argue that silver is the poor man’s gold, gold is maybe becoming the poor man’s crypto.” He sees funds starting to flow from gold into bitcoin as inflation fears escalate, noting that “We’ve argued historically that crypto and gold do not have to cannibalize each … Read more

WHO calls distribution of Covid boosters a ‘scandal’ as poor nations struggle to get first shots

WHO calls distribution of Covid boosters a 'scandal' as poor nations struggle to get first shots

WHO Director-General Tedros Adhanom Ghebreyesus speaks during a news conference after a ceremony for the opening of the WHO Academy, in Lyon, France, September 27, 2021.Denis Balibouse | ReutersThe disparity between the global distribution of Covid-19 boosters and first shots to people in developing nations is a “scandal,” World Health Organization Director-General Dr. Tedros Adhanom … Read more

Will New Covid Treatments Be as Elusive for Poor Countries as Vaccines?

Will New Covid Treatments Be as Elusive for Poor Countries as Vaccines?

“It’s not a coincidence that Merck has experience from H.I.V. — internally, with their leadership and culture, they know that if they don’t address the access challenges, they will be slammed,” said Dr. Moon, co-director of the Global Health Centre at the Graduate Institute of International and Development Studies in Geneva. Generic manufacturing it not … Read more

Covid pandemic has pushed poor countries to record debt levels – World Bank | World Bank

The Covid-19 pandemic has led to a “tragic reversal” in development and pushed debt in poor countries to record levels, the head of the World Bank has said.David Malpass, the bank’s president warned the virus had widened the gap between rich and poor nations, setting back progress by years and, in the case of some … Read more

Moderna, Racing for Profits, Keeps Covid Vaccine Out of Reach of Poor

Moderna, Racing for Profits, Keeps Covid Vaccine Out of Reach of Poor

Moderna’s market value has nearly tripled this year to more than $120 billion. Two of its founders, as well as an early investor, this month made Forbes magazine’s list of the 400 richest people in the United States.As the coronavirus spread in early 2020, Moderna raced to design its vaccine — which uses a new … Read more