The leaders of the world’s economic powers are gathering for the first in-person summit since the coronavirus pandemic.
Following Food and Drug Administration authorization, if the Centers for Disease Control and Prevention greenlights the Pfizer vaccine, children 5 to 11 may be able to get shots as early as next week.to poor countries as he opened a conference of the world's powerhouse economies, calling the gaping global COVID-19 vaccine gap “morally unacceptable."
Draghi welcomed the Group of 20 leaders to Rome’s Nuvola cloud-like convention center in the Fascist-era EUR neighborhood, which was sealed off from the rest of the capital.and the economy. Rich countries have used vaccines and stimulus spending to restart economic activity, leaving the risk that developing countries that account for much of global growth will remain behind due to low vaccinations and financing difficulties.
The money would be provided via the reallocation of part of $650 billion worth of special drawing rights, a foreign exchange tool used to help finance imports issued by the International Monetary Fund. The idea is for countries that don't need the help to reallocated their special drawing rights to those that do. Participants were to include African Union President Felix Tshisekedi and Rwanda President Paul Kagame.
On the eve of the meeting, U.N. Secretary-General Antonio Guterres warned that the Glasgow meeting risked failure over the still-tepid commitments from big polluters, and challenged the G-20 leaders to overcome “dangerous levels of mistrust” among themselves and with developing nations. The U.N. chief also blamed geopolitical divides for hampering a global vaccination plan to fight the COVID-19 pandemic, saying action “has taken a back seat to vaccine hoarding and vaccine nationalism.’’
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Geert Mak takes stock of the past 20 years of European historyEven the most hardened miserabilist will find plenty to deepen his or her gloom in “The Dream of Europe”, the latest investigation by Geert Mak, a Dutch journalist and historian
Read more »
Cigarette sales increased in 2020 for the first time in 20 yearsFor the first time in two decades, cigarette sales in the U.S. increased. Smoking rates have steadily declined since 2000, and are about 66% lower than they were 50 years ago, according to the Centers for Disease Control and Prevention.
Read more »
The 20 Best Gifts for Tea LoversHave a friend that never knows what they want? Help them out with this choose-by-mood tea. There are eight different tea blends that are designated based on how you are feeling. Using all-natural, organic ingredients, these are great for any naturopath.
Read more »
G-20 live updates: Leaders formally endorse corporate global minimum tax, a win for BidenG-20 endorses corporate global minimum tax, a win for Biden, as leaders’ summit gets underway. Follow our live coverage.
Read more »
20 Ways To Give the Gift of Travel—Even if You’re Not Going AnywhereNo need to sit on a crowded plane? Count us in.
Read more »