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EU warns not enough COVID vaccines for all in Europe until 2022

Given a likely limited supply, the Commission has for months urged EU governments to devise vaccination plans that would prioritise vulnerable and essential groups, such as healthcare workers, the elderly or people with chronic diseases.

But apart from a consensus on inoculating doctors and nurses, “there is no common line on other groups,” the Commission official said at the internal meeting this week.

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Epidemic & Pandemic insurance contracts less ambiguous in Asia:Peak Re CEO

“Specifically, when you look at COVID-19, this part of the world is going through its fifth epidemic this century, and this century is only 20 years old. There are much less problems on the wordings side in respect of pandemics in Asia,” Franz-Josef Hahn, chief executive officer, Peak Re said.

Looking ahead to January 1, 2021 renewals,Hahn highlighted that the period represents a chance for reinsurers to “correct pricing” – a move he believes necessary for the development of a “sustainable” marketplace. Otherwise, [the marketplace] is not going to go any further and no capacity will be provided any longer,” .

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India economy on verge of slow recovery as worst is over, says PHDCCI

Demand creation will have a significant effect on the enhanced production sentiments of producers,increased investments and employment creation. Investments in the infrastructure will refuel the growth trajectory with increased demand for commodities such as steel, cement and power which in turn will rejuvenate private investments and create new employment opportunities in the country,said PHDCCI President Sanjay Aggarwal

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Vaccine storage issues could leave 3 billion people without access

The vaccine cold chain hurdle is just the latest disparity of the pandemic weighted against the poor, who more often live and work in crowded conditions that allow the virus to spread, have little access to medical oxygen that is vital to Covid-19 treatment, and whose health systems lack labs, supplies or technicians to carry out large-scale testing.

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All citizens in the country to get free COVID-19 vaccine: union minister Sarangi

The governments of Tamil Nadu, Madhya Pradesh, Assam and Puduchchery have already announced free of cost COVID vaccines for the people of their states, while Delhi Chief Minister Arvind Kejriwal has demanded free vaccine for all citizens across the country.Prime Minister Narendra Modi has announced that all people will be provided free of cost vaccines. An estimated Rs 500 odd will be spent on vaccination of each person,

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WHO reports third straight daily record in virus cases

According to the WHO’s figures, there have been more than 42.3 million confirmed cases of the respiratory disease, while nearly 1.15 million people have lost their lives, including 6,570 on Saturday.

Nearly half of Saturday’s new cases were registered in the WHO’s Europe region, which logged a one-day record high of 221,898 cases.

In total, more than nine million cases have now been registered in the region.

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