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Why global vaccine crisis is a test of capitalism

Why global vaccine crisis is a test of capitalism
Why global vaccine crisis is a test of capitalism
Rich-country governments should, in particular, consider how to pay for the renovation and expansion of facilities in the developing world to prepare them to make vaccines under licence.
Mihir Sharma 26 April, 2021 9:18 am IST
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The 2008 crash tested financial globalization. In 2020, the chaos of the early months of the Covid-19 pandemic led many to question the world’s dependence on complex global supply chains. These last few months, however, as vaccination programmes have taken off in some parts of the world and stalled in others, have raised even deeper doubts about globalization and the capitalist system. Unless governments act soon, capitalism itself could face a crisis of credibility. ....

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U.S. to Help India; Japan Eyes Vaccination Sites: Virus Update

The U.S. will “rapidly deploy additional support” to India in its battle with the Covid-19 outbreak, Secretary of State Antony Blinken said on Twitter, without providing details. ....

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World Pledges Aid for India as Cases Surge: Virus Update

World Pledges Aid for India as Cases Surge: Virus Update
Bloomberg
33 mins ago
Bloomberg News
© Photographer: David Paul Morris/Bloomberg
Healthcare workers wearing protective masks administer doses of the Johnson & Johnson Janssen Covid-19 vaccine to senior residents at San Rafael Commons in San Rafael, California.
(Bloomberg)
India’s Covid-19 crisis is worsening, with a million cases added in the past three days. The U.S. will send India raw materials and step up financing aid for vaccine production, joining European countries in helping stem the world’s biggest surge in cases. President Joe Biden’s chief medical adviser said the U.S. will also consider offering India unused doses of AstraZeneca Plc’s vaccine. ....

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U.S. States Relaunch J&J Shot After 10-Day Halt: Virus Update

U.S. States Relaunch J&J Shot After 10-Day Halt: Virus Update
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

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German Cases Ease; Patients Die in Baghdad Blaze: Virus Update

Patients Perish in Baghdad Fire; U.S. to Aid India: Virus Update
Bloomberg
10 mins ago
Bloomberg News
© Photographer: David Paul Morris/Bloomberg
Healthcare workers wearing protective masks administer doses of the Johnson & Johnson Janssen Covid-19 vaccine to senior residents at San Rafael Commons in San Rafael, California.
(Bloomberg)
New Covid-19 cases and deaths eased in Germany as expanded virus restrictions and an accelerating vaccine program may be having an effect. In Switzerland, which has also struggled to roll out vaccines, about one third of the population has already contracted the virus.
In Baghdad, scores of people were killed when a fire tore through a hospital treating patients including many with coronavirus, the Associated Press reported. ....

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