Janet Yellen’s G-20 letter served as an urgent call for a multilateral effort to tackle key issues. The primary focus was to call on countries to act quickly on COVID-19, stating that a global vaccination effort is the strongest stimulus the global economy could receive. She also suggested that the IMF allocate SDRs to enhance liquidity for low-income countries.
Read More
Do the lives of citizens in richer countries matter more? Certainly most would say that of course not, that in fact all human lives are equally precious. The COVID-19 Pandemic, particularly the allocation of vaccines, is testing the lengths to which richer nations adhere to this ideal.
Read More
The markets hate uncertainty, and now that the election is behind us investors have a clearer picture of what the future will look like. We are still waiting to see who will control the US Senate, and we have to wait until January for Georgia to hold two run-off elections.
Read More
Today, Friday the 20th at 6:45 am both Pfizer Inc. and BioNTech SE announced a joint submission request to the U.S Drug and Food Administration for an Emergency Use Authorization of their vaccine in hopes to distribute their vaccines to high-risk locations by the middle to end of December 2020.
Read More
On August 11, Russian President Vladimir Putin made the announcement that a vaccine for COVID-19 had passed the necessary trials required for use. This development was met with skepticism from around the world.
Read More