As countries across the globe are racing vaccinate their populations, vaccine diplomacy has now become a key component of geopolitics. Several countries such as China, Russia, and India are engaging in vaccine diplomacy. This new diplomacy tool will have a substantial impact, given the unequal global distribution of vaccines.
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The global effort against COVID-19 is intensifying as countries race to vaccinate their populations and use vaccine diplomacy to improve relations with foreign nations. Russia’s Sputnik V vaccine now has emergency authorization in more than 30 countries and a peer-reviewed efficacy rate of 91.6 percent in Phase 3 trials, reports the New York Times Vaccine Tracker. Researchers are currently working on a single-dose version of Sputnik V, which would be called “Sputnik Light.”
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UN Secretary-General Antonio Guterres recently heavily criticized the disproportionate distribution of COVID-19 vaccines and called on states to coordinate to ensure that more people across the globe can receive the vaccine, reports the Associated Press.
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The United Nations (UN) announced that foreign direct investment (FDI) flows fell by about 49 percent in the first half of this year, reports the Economic Times. It is predicted that by the end of the year, there will be a total fall of 40 percent relative to 2019 levels. It is also the first time that FDI flows turned negative for European countries.
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Shinzo Abe, Japan’s longest serving prime minister, has resigned due to health reasons, reports CNN. For the past eight years, Mr. Abe has struggled with colitis, a non-curable inflammatory bowel disease. During a press conference on August 28, he apologized to the Japanese people as he stepped down from his role one year before the end of his term.
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North Korea’s hacking capabilities are growing significantly, which allows the country to rob financial institutions and evade international sanctions.
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Israel is being tested by crises on multiple fronts. More than three thousand Israelis have tested positive for the coronavirus. Besides the virus, Israel is also experiencing political turmoil.
Read MoreThe Seton Hall United Nations Association (SHUNA) Model United Nations team reached the Top 25 for the North American Fall 2019 College Model United Nations ranking for the first time in team history.
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Dr. Tinker affirmed that the BBNJ treaty could open the door for future environmental discussions or treaties.
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The Argentinian economy is struggling once again.
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