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World reaction to Russia’s COVID-19 vaccine

The World Health Organization and Russian health authorities are discussing the process for possible WHO prequalification, a WHO spokesman said on Tuesday.

“Prequalification of any vaccine includes the rigorous review and assessment of all required safety and efficacy data,” WHO spokesman Tarik Jasarevic told a U.N. briefing in Geneva, referring to clinical trials.

Directors’ liability insurance rates surge on virus litigation fears

Premiums for directors’ liability insurance, known as D&O, in Britain rose by more than 100%, while in the United States, rates for public companies were up by 59%, Marsh said in a quarterly commercial insurance survey.D&O insurance protects company directors and executives against litigation costs.

Jonathan Turner, CEO for speciality insurance at broker Gallagher, said D&O rates for public companies seen as particularly exposed to COVID-19 legal claims had risen by as much as 2,000%.

Mauritius seeks compensation after vessel blackens beaches

More than half of about 1,000 tons of fuel that leaked from the MV Wakashio has yet to be removed from the sea and coast. About 1,020 tons of oil has been transfered from the big ship to small tankers, and crews are working to remove more than 1,500 tons that still remains, Nagashiki Shipping, which owns the vessel, said on Tuesday.

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