More times cheaper than foreign vaccines based on m r n a technology with similar, similar efficacy rates for russian citizens vaccination with clinic we will be free of charge. Now for comparison sake, pfizer and bio intakes vaccine is expected to cost around 20. 00 per dose. The c. E. O. Of modernity said this week its drug will cost between 25 and 37. 00 per dose. And the astra zeneca vaccine being developed with Oxford University is estimated at around 3. 00 to 4. 00 per dose, all 3 of which will require 2 doses. On tuesday, the 2nd interim analysis of trial data for russian sputnik back b was really showing the vaccine had a 91. 4 percent efficacy in preventing a Coronavirus Infection after 28 days and was more than 95 percent effective after 42 days. Meanwhile, hungarys foreign minister of on monday said the country will be the 1st in europe to begin testing. Sputnik be adults our last weekend windows, i guess because the next one arrived in hungary and arrived together with the
I this is boom, bust for the one business show you cant afford to miss. Im french born washington coming up. Russia voting the efficacy of it. Sputnik vivax seen as one nation has begun to import trial fare for plus airlines have been battered as a result of covert 19 despite a recent bump in holiday air travel. While the dow is setting record highs straight ahead when to break down all of those numbers and later brecks it is back in the spotlight as the dangers of a no deal loom large for one of the worlds top economy with a packed show today. So lets dive right in and we leave the program with another update in the race for a covert 1000 vaccine. Now, following the last week of promising news regarding chemists from pfizer astra that i can madeira russia said tuesday, it plans to produce 1000000000. 00 doses of it sputnik vbac scene and provide it at least a less expensive cost and then its rivals. Now, Russian Sovereign Wealth Fund r d i f said of the situation. The cost of 1. 00 do
President tells bloomberg positive news on the vaccine isnt a major game changer for its forecaster. She says the focus remains on stopping the economic slump from worsening. Judy sheldons nomination to the fed board is blocked. Set tome as the sec is move ahead for plans that could delist chinese companies. A warm welcome to the show. Welcome back. I hope you had a good rest become because you come back to many warning signs. From the equity markets, sell the top. Markets, the dean of debt a little to get suspect on distressed debt markets. Marie. Orning, ann annmarie good morning. When this level of optimism is high, there is usually more room for disappointment and that seems to be what we are seeing. I said facing reality. You had a good term of categorizing that reality and for me, Christine Lagarde saying the vaccine is not a game changer because it is not going to change in terms of the economic fallout we are seeing. If we take a look at where we trade this morning in the monda
The start of the week, a huge. Otation towards value the s p up by 0. 6 . The pound is positive. The departure of dominic ,ummings at 10 downing street going at the end of the year, setting up expeditions that may be a brexit reset and a deal as possible. Interestingly enough, we are seeing a continuing move in what we are seeing in the bond market. Bonds are bid today. He was there moving back down, unsurprising and what we heard from Christine Lagarde yesterday. More broadly, the virus definitely back in charge. The vaccine news at the beginning of the week, the virus news at the end of the week. Alix such a great way of framing that. Lets break down the virus issues more. The global coronavirus case is now topping 52. 9 million, deaths climbing to 1. 3 million. Focus is on europe and how it is addressing the virus. Joining us is Bloomberg Opinion columnist ferdinando juliano. The story in the u. S. Is that you guys are doing targeted lockdowns, and it is working, and the cases are l