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European Commission – Questions and Answers: The EU and AstraZeneca agree on COVID-19 vaccine supply and on ending litigation

How does the settlement agreement compare in terms of quantity of doses delivered and the timing for delivery with the initial Advanced Purchase Agreement (APA)? Is the commitment to deliver 65 million in 2022 in line with the contract? The

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IFC Insights: Sri Lankan Entrepreneurs get Creative During COVID-19

By Savani Jayasooriya COLOMBO, Sri Lanka—Every Sunday morning for as long as I can remember, my mother has headed to the nearby supermarket to get her weekly supply of veggies and fruits. Sometimes, it’s a family affair and I would

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Global Imbalances and the Pandemic

The International Monetary Fund’s tenth annual External Sector Report (ESR, August 2021) shows how current account deficits in the global economy widened in 2020 during the pandemic. On the other hand, the ESR also argues that overall, the misalignment between

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European Commission on Coronavirus: 70% of the EU adult population fully vaccinated

Today, the EU has reached a crucial milestone with 70% of the adult population now fully vaccinated. In total, over 256 million adults in the EU have now received a full vaccine course. Seven weeks ago already, the Commission’s delivery

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WTO: Exports of intermediate goods sustain gains in Q1 of 2021 after rebound from pandemic

World exports of intermediate goods (IG), such as parts and components, rose by 20% year-on-year in the first quarter of 2021 according to a new WTO quarterly report released today (2 September 2021) to help track the health of global

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WHO: SAVE THE DATE – Will emerging data allow increased reliance on vaccine immune responses for public health and regulatory decision-making?

The WHO R&D Blueprint is organizing a consultation to discuss emerging evidence towards the establishment of correlates of protection for COVID-19 vaccines. Vaccine developers and researchers will present new data and current research plans. The consultation will include deliberations on

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WHO: Joint Statement from Unitaid and the World Health Organization (on behalf of the Access to COVID-19 Tools Accelerator) regarding availability of tocilizumab

WHO and Unitaid are concerned by Roche’s statement yesterday, warning of a global shortage of tocilizumab (brand name Actemra/RoActemra), an IL6 inhibitor WHO recommended in June for use as a treatment for severe COVID-19 cases. Tocilizumab can play a key role in decreasing mortality

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WTO: Goods Barometer hits record high, confirming strength of trade recovery

Global merchandise trade is continuing its robust recovery from the shock of the COVID-19 pandemic according to the WTO’s Goods Trade Barometer, which hit a record high in its latest reading issued on 18 August. The Goods Trade Barometer is

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European Commission on State aid: Commission gives green light to new synthetic securitisation product under the European Guarantee Fund to further support SMEs affected by the coronavirus outbreak in 22 Member States

The European Commission approved, under EU State aid rules, the introduction of a new  product in the the form of guarantees on synthetic securitisation tranches under the European Guarantee Fund managed by the European Investment Bank Group (consisting of the

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Managing Director Kristalina Georgieva’s Statement on the Summit of the Heads of State of the Economic and Monetary Community of Central Africa (CEMAC)

Fruitful discussions with Central African States Leaders on the economic impact of the pandemic and the challenges facing the region. Discussions also focused on the need to create job opportunities, improve living standards, and strengthen transparency. The IMF remains a

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