WASHINGTON: World Bank President David Malpass said on Tuesday he is seeking board approval for a US$12 billion coronavirus vaccine financing plan to help poor and developing countries secure a sufficient share of vaccine doses when they become available in the coming months.
Malpass told Reuters in an exclusive interview that the initiative, part of US$160 billion in coronavirus aid financing pledged by the multilateral lender, is aimed at helping countries procure and distribute vaccines early to health care and other essential workers and expand global production.
No thanks to poorly tested vaccines. Yes to hydroxychloroquine.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
World Bank lowers Malaysia's economic forecast this year, sees 4.9% contractionKUALA LUMPUR (XINHUA) - The World Bank on Tuesday (Sept 29) revised downwards Malaysia's growth projection this year to a contraction of 4.9 per cent, from a 3.1-per cent decline previously.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Malaysia's ex-premier Najib loses suit against bank, former officer in case related to 1MDBKUALA LUMPUR (THE STAR/ASIA NEWS NETWORK) -A former bank officer together with AmBank Islamic and AMMB Holdings have successfully struck out a suit filed by former prime minister Najib Razak over allegations of mishandling his bank accounts.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Wall Street kicks off week on high note as tech, bank shares gainU.S. stock index futures rose on Monday as hopes of a global economic recovery were supported by data showing continued growth in China's ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Europe: Bank stocks bounce off record low, helping Europe recover some lost ground[BENGALURU] European stocks bounced back sharply on Monday as investors snapped up beaten-down shares in the banking sector that hit a record low last week and data gave signs of pick-up in the Chinese economy. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Covid-19 pandemic will push millions across East Asia and the Pacific into poverty this year, says World BankWASHINGTON - Poverty in East Asia and the Pacific could increase this year for the first time in 20 years as the coronavirus pandemic keeps people in poverty and creates a class of new poor, the World Bank said on Tuesday (Sept29).. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
World News Day: Singapore like you've never seen beforeOur executive editor Sumiko Tan took to the streets of Singapore to capture the uncanny quiet of a normally bustling city at the height of the partial lockdown in April. This was for a report to go with special drone footage of the city captured by our team from the ST Photo Desk. She recounts: In a city that has hit the pause button, it is the security officer you see the most often.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »