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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