COVID-19

Covid-19: Rich nations snap up vaccine stocks in global race for jab

Rich nations representing a fraction of the global population have already bought up over half the promised Covid-19 vaccine stocks, a study showed, as US President Donald Trump pledged to begin inoculating Americans within weeks. European Union chief Ursula von der Leyen on Wednesday warned against “vaccine nationalism” that she said could put lives at risk by depriving the most vulnerable in poorer nations of immunity. But a study released by Oxfam showed a group of wealthy countries representing just 13 percent of the world population has already secured the lion’s share of doses. “Access to a life-saving vaccine shouldn’t depend on where you live or how much money you have,” said Robert Silverman of Oxfam America. “Covid-19 anywhere is Covid-19 everywhere.” The five leading vaccine candidates currently in late-stage trials will be able to supply 5.9 billion doses, enough to inoculate about three billion people, the Oxfam report said. Some 51 percent of those jabs have been snapped up by the wealthy world, including the United States, Britain, the European Union, Australia, Hong Kong and Macau, Japan, Switzerland and Israel. The remaining 2.6 billion have been bought by or promised to developing countries including India, Bangladesh, China, Brazil, Indonesia and Mexico. Trump on Wednesday said he would begin rolling out a vaccine in America as soon as next month, contradicting doubts expressed by a top health expert in his administration who said a jab was unlikely to be widely available until mid-2021. “We’re very close to that vaccine as you know… We think we can start sometime in October” or shortly thereafter, Trump said.