Enda Curran
Enda Curran
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Unequal allocation of Covid vaccines could cost the world economy $9.2 trillion

Unequal allocation of Covid vaccines could cost the world economy $9.2 trillion

Sign inWelcome! Log into your accountPassword recoveryRecover your passwordA password will be e-mailed to you.Text Size:A-A+Hong Kong/Singapore: The global economy’s recovery risks being dampened or even derailed by the lag in coronavirus vaccinations for poorer nations relative to their wealthier peers.Bloomberg’s Vaccine Tracker shows 4.54 million doses were given on average across the world each day over the last week, but it’s far from an even spread. The U.S. and U.K. make up about 40% of the 119.8 million doses administered globally.Developing and emerging markets are, by and large,...

February 5, 2021
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Covid Crisis Strengthens U.S. Dollar’s Role in Global Economy

Covid Crisis Strengthens U.S. Dollar’s Role in Global Economy

1:30 AM IST, 23 Oct 20201:30 AM IST, 23 Oct 2020Save(Bloomberg) -- Overseas borrowers have flocked to the dollar this year at a record pace, with sovereigns from Indonesia to Colombia and companies from Nissan Motor Co. to Manila’s water utility racking up sales of $1.29 trillion. Overseas borrowers have flocked to the dollar this year at a record pace, with sovereigns from Indonesia to Colombia and companies from Nissan Motor Co. to Manila’s water utility racking up sales of $1.29 trillion.It’s a key economic takeaway from the Covid-19 crisis: just as happened in the wake of the global...

October 22, 2020
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