Chinese authorities have already begun jabbing high-risk patients, and in Russian Federation two vaccines were validated for use even before the final phase of clinical trials had begun. Influential voices like Dr Randeep Guleria, director of AIIMS, and a member of the national task force on COVID-19 management, said Serum Institute can apply for emergency use, if AstraZeneca gets United Kingdom nod for the vaccine.
This is the first time India is doing so since 1996, when the Centre started releasing quarterly GDP (gross domestic product) figures. The 23.9 per cent GDP contraction in the April-June quarter triggered massive unemployment in small and medium-size businesses and created rural distress.
While the agreement secures 80 million doses upfront, an added option was granted allowing the Commission to purchase an additional 80 million vaccines. This article is republished here with permission from The Associated Press . "You name it. All this has to be prepared", she warned. Vaccine doses, from companies within Europe and from outside, will be temporarily stored in a refrigerated warehouse, and if necessary packed in dry ice, before they're shipped out by road, rail or air.
News about coronavirus vaccines and treatments are setting off hopes that the pandemic's stranglehold on the economy might get gradually loosened. This rally was the Dow's biggest monthly increase since 1987, up more than 13%. The U.S. Food and Drug Administration will likely grant approval in mid-December for distribution of the vaccine developed by Pfizer Inc. and German partner BioNTech and some healthcare workers could start getting shots a day or two later, Dr.
Brent crude settled at $47.86 a barrel, gaining $1.80, or 3.9%. Oil advanced on Wednesday as market ignored the rise of United States crude stockpiles above expectations due to optimism of COVID-19 vaccine, this is its fourth straight session gain.
The economy, which tanked into a historic recession owing to pandemic fallout, was forecast to rebound by 5.5 percent next year and by 6.6 percent in 2022. To help cope with rising unemployment , the Chancellor set out a almost £3 billion Restart programme to help get people back into work. Mr Sunak confirmed that the wage - a rebranded national minimum wage for all over-25s - will increase by 2.2 per cent to £8.91 an hour from April 2021.