Dentons Flashpoint - December 2, 2020

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In This Edition: Britain became the first Western nation to approve distribution of a COVID-19 vaccine. Major US corporations side with environmentalists and back new policy on climate change. China successfully landed a spacecraft on the moon. A rundown of important global developments in markets, in business, and region-by-region, as well as statistical risk assessments by country and by US state.

While higher income countries have agreed to purchase huge amounts of vaccine doses, experts worry that a free-for-all could leave lower-income countries behind, prolonging the humanitarian and economic impacts of the pandemic. One effort to mitigate this outcome is the Covax facility, a multinational coalition administered by the WHO, Gavi, the Vaccine Alliance, and the Coalition for Epidemic Preparedness Innovation (CEPI).

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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