Scrambling to find a vaccine but would it be free for everyone joining me now via skype from washington d. C. Is someone consistently voted to be a model benioffs Time Magazine most influential people in the world she is chair of the board of the Global Alliance for vaccines and immunization a 2 term former nigerian finance minister and former managing director of the World Bank Group doctrine goes you know congo it well i thank you so much it goes you for coming on britain i have to say doesnt believe the w. H. O. 14 day quarantine period doesnt believe thats right trump claims the w. H. O. Is a front for the Chinese Communist party before i get on to the actiq salary during vaccines are you surprised by the amount of vitriol aimed at the w. H. O. In the world today the world needs are not needs a sound that can help us money. In this case you know you the world needs to come to god that will cooperate because until. That last. Person still has the disease then everybody in the world is in danger no one is safe on to lever one he states and the only way you can manage that is with an organisation that has 188 member countries like the show so you dont think theres any danger the china gave 2000000000. 00 to w. H. O. This week and Donald Trumps it appears to be withholding money from it i think doug ha should be supported to do its job which is to make sure that we approach that pandemic as a Collaborative CommunityGlobal Community because if we dont do that were not going to be able to get on top of this core and not about your record want to be instead on this program about how were only as strong as the most vulnerable the w. H. O. As a Partner Organization of something called the act accelerator youre a special envoy for it what is the act accelerator. The actor accelerator is an initiative which is global. That has been launched in order to support all tools needed to help us deal with 19 and the idea is to support the developmental manufacture and delivery at scale of that scenes with their. Correct safe and high quality vaccines out found or therapeutic or dad gnostics so they test 3 sets of tools but since therapeutics and agnostics and this Global Initiative which has countries from all around the world to our member countries are. Supporting it so that when we get for example their right back seems that past state we can make sure that nobody in the developing countries for instance is left without the vaccines that theres equity in the distribution and the access arguably developed countries obviously also need access to those and vaccines its only just begun but is it strange that the actors working with the pharmaceutical Companies Like g. S. K. I mean they they pleaded guilty to criminal charges a 3000000000. 00 us settlement Largest Health fraud case in history you have a reputation in fighting fraud in nigeria whats it like working with Big Pharmaceutical Companies or the been done basically for fraud well within day at that celebrated critical organizations seppi quietly champlain preparedness innovation which looks at the back scene still so the Vaccine Development and manufacture and that the Global Alliance for vaccines and immunization of which the board which deals with also helping to manufacture at scale and delivery those that it to keep organizations were dealing with step is now looking at about 10 but there are those out state and wherever the vaccine is confirmed. Lots of companies as you know that are working on this lots of Research Laboratories so where that comes up with the right about seeing that is a sustainable solution for the world seppi will work with them and god it will work with them and to be clear the vaccine will be free theyll be complete transparency and there will be no w t o trips trade related aspects of intellectually intellectual Property Rights dimension to the covert 90 mm vaccine what they act accelerate to any set it is looking at is how come we have a situation in which the vaccines when found will be regarded as local public goods meaning that the issue is not about profit but the issue is about saving humanity from 19 and having a sustainable vaccine therefore theyll be equity access and transparency in the way dead about scenes are handled or did tear up get it so that now states when they become available so averse the case one day when big pharma announces a vaccine or treatment for corona virus as the share prices go up so much i mean presumably if theyre not in it for the profits or the bonuses gilliard stock price should have shot up for rem desa via as a possible treatment for a coronavirus what were people share prices going up when actually this is just going to be free at the point of use i think that youre mixing up 2 things i mean these outward Tech Companies nobody can control the way that the animal spirits in the Capital Markets react to it to the news that they found something not the other that is to separate them from saying we got that scene of vaccines and said look you know this is now a Global Public good which were going to work with us not about profit and were going to make sure everybody has access if theres still one person who has got the 1000 if theres a bone. Mobility in the world everybodys at risk because we know that given the interconnected ness of the world we all vulnerable its going to spread again so we need to save lives thats the paramount and i think all that tangled in the development of these that since will come to the table for that objective so its definitely not going to be like say a hiv vaccine when a. Z. T. Had their door novartis is Cancer Treatment i think lost half a 1000000. 00 around for kim lots of the Public Sector involvement in the research and development these Big Pharmaceutical Companies often accused of putting more money into stock buybacks than research and development and yet these private companies seem to have made massive profits of vaccines in the past as well as discovered in 1000 is consent you will notice that 2 weeks ago the European Commission under clock tell me how to fund raising drives to raise resources to support this act at stollery and initiated to get vaccines affordable and equitable to the all in the world who will need it and at that point they raised 8000000. 00 to support this effort so it is very serious the issue of access and you have seen people all over the world protest in a right in their tests that this is the way it should be we dont want only rich countries to have access to their vaccines we want to make sure that nobody is at the end of the u. And that we have access and for everyone so you see this is literally a a revolution in thought processes over different say big pharma lobby groups because act is going to be working directly i understand with the International Federation of pharmaceutical manufacturers i mean these are the mass lobby groups that have arguably lobbied for intellectual Property Rights to prevent wide spread access defacto to over. Saenz the Global Alliance of vaccines any end in a zation badly they gouge the alliance has worked with manufacturers before to get vaccines at larry low cost sometimes vaccines that cost a 100. 00 in the rich world where able to get them down not for the last 50 of those and so on after 4 dibble for developing countries we are able to negotiate this because they have some instruments like the advice market commitment or data banks focus and commitment where we discussed with the stump news ahead of time largely im you know we work in 73. 00 countries with comparable offered them volume so that become bring their price down very no up will be able to be affordable for poor countries but what about the problems and you knew the more than most people of the efficiencies of Public Private partnerships how bureaucratic they become how sometimes fraudulent they they are weve seen that here in Public Private partnerships you dont think it would just be better more efficient less bureaucratic for the World Health Organization or more democratically accountable bodies to take over the pharmaceutical companies and the and make them institutions for the benefit of all rather than having profit in the equation at all the Public Private partnership that i have worked in which is gavi the Vaccine Alliance has had a very good track record its regarded as one of the best partnerships one of the best multilateral as in the world and this consistently rated very high theres transparency in what it does so theres no bureaucracy it has very no administrative costs 3 percent and he does his job accept partner for the worlds children so thats the kind of Public Private partnership that our use and thats what were in right now just turning to africa now you spent 25 years. In top levels of the world bank why do you think it is obviously every death is a tragedy that the entire continent of africa has so far only have a death rate of 3000. 00 we have arguably 60000 killed by coronavirus here in britain is of some kind of vindication for the Health Care Policies of the world bank when you were outed i dont think this has to do with the world bank with all due respect to step to say that the world bank has acted to meet him and dont see Resources Available to developing countries all around the world including in africa i think this week nobody knows this is something to be studied why the death rate on the continental us is as low as it is even bill the number of cases has been rising doubling every 2 weeks. The number of deaths is you know that people posit that maybe its because of the demographics of the continent because we have a fairly young population some of thats positive that maybe theres some kind of the new need to rise in from i have been had they easy says no one knows because theyre being anecdotal reports of african hospitals having full p. P. Protection for Health Care Workers and general levels of Health Care Better than in the socalled developed nations like britain or the United States i dont know whether you want to take credit for that as part of the Global Alliance or vaccine and immunization or whether jim yong kim with the world bag will beat you for the top job there do you believe that these multilateral institutions have a key role in helping developing nations combat coronavirus or too early to tell the coronavirus epidemic is still some places dont need it in other places because they still rise and i know that they multilateral institutions have moved quickly but the African Development bank the world bank the. I may have other institutions all around the world to make you mad and see if i announced i believe below now im dead that day i met even some measure of death and need to countries but let me tell you something the african continent has moved south so helpmate self and has acted very quickly and the policymakers have been very responsible and i think thats also likely why we have seen things today and so thats why is this weve had experience with diseases in the past so we have some strong systems to trace identify and trace contact so people we have does this time same place in several countries and that has helped you know get that from western media or arguably doctrine goes you know gone joy thank you very much thank you off to the break as from this week old british newspapers for the 1st time no longer have to disclose sales figures and made a Widespread Lack of trust we investigated the economist magazine is a centuries remained of global influence a despite its arguable blood drenched support for imperialism all this more coming up about to going underground. During the vietnam war u. S. Forces also belong to neighboring laos it was a secret war. And for years the American People did not know. What Mountain Town how much it is officially the most heavily bombed country per capita in the balkans Human History millions of unexploded bombs still in danger lives in this Small Agricultural country jordyn wieber. Even today kids in laos full victim to bombs dropped decades ago. Is the u. S. Making amends for the tragedy in laos what helped to the people need in that little land of mines. Welcome back in the past few days venezuela summoned Boris Johnsons top diplomat there for a dressing down of a u. K. Let alone eat you and us coup attempts one magazine that this months failed us mercenaries could have expected support from is the london based economist magazine owned by european oligarchy interests like Rothschild Cadbury and the fact cough family founded almost 200 years ago when it promoted Market Forces as a solution to the irish potato famine that killed up to a quarter of the countrys population it has since championed imperialist death squads backed regime change all over the world and is even used alleged war criminal Henry Kissinger for its advocates. Good evening good evening. While the ready for. Joining me now from new york is an exam deserve an historian you left review editor and author of liberalism at large the world according to the economist thank you so much alexander for coming on only this week newspapers and magazines are for the 1st time not required to give their circulation figures i think from this book and you say it in your new book the economist will be relatively immune from the people refusing to buy mainstream print journalism why do you why do you think that is and why is it so successful the magazine well i think theres a 2 main reasons one is that the economist does provide a Genuine Service to its readers which is to cover the entire. Or world. You know truly on a global scale to bring readers information about the places originally that they were they were sending their capital the other though is that it is it has been very effective at marketing itself in the kind of you know high period of globalization as a sort of rough guide to globalization the rough guide to capitalism lets just talk about venezuela for a 2nd given that we now know from afraid of information request that has led to the venezuelan government summoning the british top diplomat there about a coup attempt at support for a coup a year ago the economist magazine as leader was called how to get rid of nickel of a door an attempt to depose the dictator appears to have failed try again what is this obsession with regime change arguably that you detail in the book i try to restore a size the economists interest in promoting regime change around the world as as as as being quite fundamental to the history of liberalism for from the perspective of the magazine based based in london and did it today just the period of the high cold war the economist is you know trying to figure out what the best political systems are for the accumulation of capital for Foreign Investors and really before moodys standard and poors or or barrons or any of these other Credit Rating agencies ever exist is negotiating and fine tuning the mechanisms by which a society a state can be can be governed that are conducive to the kind of new financial capitalism that we we know so well so that is as present in the coverage the economist gives to the coup of Louis Napoleon in 851. 00 in france and marx writes about this in the 18th brumaire he says the economist speaks for the as the european organ of the aristocracy of finance you know as the stock market rises its confidence in. Executive increases and so i try to that as a as a kind of the nominee and that goes beyond calls for regime change in venezuela today although of course the economists continue to try to do that but to really sort of see it as a structural phenomenon and in the book i cover the economists coverage of you know the who in brazil that opposes the democratic regime in guatemala in iran its not an isolated sort of obsession with manure and its something that the economist. From this perspective has been talking about promoting openly for a very long time yeah well that we just played a clip the economist seemingly proud to have an affiliation with his injury and you talk about chile in the book one coronavirus given its 200 years old the economist magazine just tell me about how they took that kind of opinion of sanitary conditions during the cholera epidemic in london that may surprise some i dont know whether that educates how people in the economist today may see the lockdown here in britain. Well the attitude of the economists today towards cove it is quite a bit different and more proactive than the positions that they took in the very 1st years of the publication and one of the things that i document in the book that isnt really well understood about the history of liberalism is just how central for the economist less a fair economics was in the 840. 00