Wishing you every happiness this holiday season and throughout the coming year, More Than 3.5 Million Shots Given: Covid-19, Italy Is the Darling of a Bond World Blighted by Negative Yields.
To those we love and see each day and other loved ones far away, to all good friends who mean so much and those with whom we’re out of touch… Wishing you every happiness this holiday season and throughout the coming year.
Dr Atie J El Mouallem
More Than 3.5 Million Shots Given: Covid-19 Vaccine Tracker
Rich countries have accumulated extensive supply deals, and ultra-cold storage requirements make some vaccines difficult to deliver to far-flung places. Some countries may have to wait until 2022 or later before supplies are widely available.
Dozens of countries will get vaccines through Covax, a consortium backed by the World Health Organization to ensure equitable vaccine distribution. An arrangement brokered by Mexican billionaire Carlos Slim will deliver cheap vaccines throughout most of Latin America.
India, which has deals to manufacture 2.2 billion doses, plans to send vaccines to other countries in its region.
Rich countries like the U.S., whose Operation Warp Speed program helped subsidize development and manufacturing of half a dozen novel vaccines.
Russia and China aren’t striking the same sorts of deals. Instead, they’ll rely on domestically produced vaccines, such as the Sputnik V shots made by Moscow-based Gamaleya Center or those made by China’s state-owned pharmaceutical giant, Sinopharm.
Italy Is the Darling of a Bond World Blighted by Negative Yields – Bloomberg
Italian bonds pay the euro area’s highest investment-grade yields.
The current wave of investor optimism toward the debt is seen as a vote of confidence for the euro area itself.
The nation’s bonds have returned 8% this year, the most in Europe and more than double that of Germany, according to Bloomberg Barclays indexes.
Women make up the majority of 800m unbanked Muslim population
The World Bank claims that the Middle East and North Africa – which has Muslim majority populations – has the widest gender gap in bank account ownership with only 35 per cent of women having bank accounts compared with 52 per cent of men.
Around 34 per cent of adults in Afghanistan and 27 per cent in Iraq and Tunisia said religious concerns have prevented them from accessing financial services, a 2018 Thomson Reuters study found.
A World Bank report published in 2017 said that 13 per cent of those in Pakistan cited religious reasons, while in Turkey it was 19 per cent.
Rich Americans Who Fear Higher Taxes Hurry to Move Money Now – Bloomberg
Biden may have a difficult time fulfilling campaign promises to raise trillions of dollars in new revenue from the wealthy.
Two run-off elections in Georgia on Jan. 5 still give Democrats a chance to win 50 seats in the Senate.
The main reason for rich taxpayers to make moves by Dec. 31 is the threat that tax changes under Biden could be retroactive to the beginning of 2021.
Biden has also called for income tax hikes on the wealthy, including much higher levies on capital gains. Advisers.
Abu Dhabi secures funding to build world’s largest solar power plant
Funding for the project will be sourced from seven international banks,
The plant is due to start commercial operations in 2022.