Economic Impacts

WASHINGTON — A group of former heads of state and Nobel laureates is calling on the United States to immediately commit $5 billion to combat the global coronavirus pandemic, and activists are pressing President Biden to take a more forceful leadership role in the response as he convenes world leaders for a Covid-19 summit on Thursday.

“I want America to recognize that the disease is not over anywhere until it’s over everywhere,” Gordon Brown, a former British prime minister who is leading the push for funding, said in an interview Monday. He added, “We must not sleepwalk into the next variant.”

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U.S. to ask world for more on global Covid fight as its own cash dwindles

Mon, 2022-05-09 08:39 — mike kraft

U.S. to ask world for more on global Covid fight as its own cash dwindles Ahead of the summit, some officials worry the Biden administration’s effort is hobbled by a lack of additional pandemic response funding. YahooNews

The White House is hosting a global Covid response summit this week — but the U.S. isn't currently prepared to bring significant new money to fight the virus worldwide, according to two people familiar with the preparations.

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U.S. coronavirus wave this fall and winter could potentially infect 100 million, White House warns

Mon, 2022-05-09 08:35 — mike kraft

Coronavirus wave this fall and winter could potentially infect 100 million, White House warns The Biden administration is issuing a new warning that the US could potentially see 100 million Covid-19 infections this fall and winter, as officials publicly stress the need for more funding from Congress to prepare the nation. Kaitlan Collins, CNN CNN

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Greece,Italy, New Zealand relax travel restrictions

Mon, 2022-05-02 10:06 — mike kraft

Tourists, rejoice! Italy, Greece relax COVID-19 restrictions ROME (AP) — For travelers heading to Europe, summer vacations just got a whole lot easier. Italy and Greece relaxed some COVID-19 restrictions on Sunday before Europe's peak summer tourist season, in a sign that life was increasingly returning to normal. AP NEWS

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Overview: Biden limits time at big press annnual dinner; various developments in asia

Thu, 2022-04-28 08:55 — mike kraft

Factbox: Latest on the worldwide spread of the coronavirus Beijing closed some public spaces and stepped up checks at others on Thursday, as most of the city's 22 million residents embarked on more COVID-19 mass testing aimed at averting a Shanghai-like lockdown. Reuters Reuters

April 28 (Reuters) - ...

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WHO funding plan watered down after U.S. calls for reform - draft document

Wed, 2022-04-20 18:10 — mike kraft

WHO funding plan watered down after U.S. calls for reform - draft document A planned funding overhaul aimed at strengthening the World Health Organization (WHO) has been partly watered down, according to an internal document seen by Reuters, after pressure from the United States and other donor countries. Francesco Guarascio Reuters

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IMF and other global groups propose international pandemic plan costing $10 bln a year

Tue, 2022-04-05 09:50 — mike kraft

Global groups propose pandemic plan at a cost of $10 bln a year Four organizations focused on global health and the economy say it will take $15 billion in grants this year, and another $10 billion annually after that to establish and maintain an adequate toolkit to respond to COVID-19 and address future pandemic threats. Julie Steenhuysen Reuters

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U.S. Senators announce $10 billion COVID-19 deal, leave out global aid

Mon, 2022-04-04 19:20 — mike kraft

Senators announce $10 billion COVID-19 deal, leave out global aid

Senators announced on Monday they had reached a deal to provide $10 billion for the fight against COVID-19, but the agreement leaves out funding for the global virus response.

The agreement could clear the path for Congress to finally pass some new funding for the virus response, which the White House has been warning for weeks is urgently needed to allow it to purchase more vaccines, treatments and tests.

The announcement comes after days of negotiations between a group of GOP senators and Senate Majority Leader Chuck Schumer (D-N.Y.), with negotiators signaling late last week that they were close to finalizing specifics.

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