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World economy risks ‘dangerously diverging’ even as growth booms

For the year as whole, Bloomberg Economics forecasts growth of 6.9%, the quickest in records dating back to the 1960s. Behind the buoyant outlook: a shrinking virus threat, expanding US stimulus, and trillions of dollars in pent-up savings.

Much will depend on how fast countries can inoculate their populations with the risk that the longer it takes the greater the chance the virus remains an international threat especially if new variants develop. Bloomberg’s Vaccine Tracker shows while the US has administered doses equivalent to almost a quarter of its people, the European Union has yet to hit 10% and rates in Mexico, Russia and Brazil are less than 6%.

Global Covid-19 caseload tops 130mn mark

In its latest update on Saturday morning, the University’s Center for Systems Science and Engineering (CSSE) revealed that the current global caseload and death toll stood at 130,114,348 and 2,836,446, respectively.

The US is the worst-hit country with the world’s highest number of cases and deaths at 30,606,649 and 554,069, respectively, according to the CSSE.

Cybercriminal hacks vaccine marketplace, makes over $752K

The researchers found that the dark net advertisements for Covid-19 vaccines have increased by over 300 per cent in the past three months.

The Covid vaccine sellers are majorly based in the US and European countries including Spain, Germany, France and Russia.

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