-
Patriots star Diggs facing assault charges: reports
-
Journalist Tatiana Schlossberg, granddaughter of JFK, dies at 35
-
Rio receives Guinness record for biggest New Year's bash
-
Jokic out for four weeks after knee injury: Nuggets
-
World bids farewell to 2025, a year of Trump, truces and turmoil
-
Far-right leader Le Pen to attend Brigitte Bardot's funeral
-
Drones dive into aviation's deepest enigma as MH370 hunt restarts
-
German dog owners sit out New Year's Eve chaos in airport hotels
-
Tanzania hold Tunisia to end 45-year wait for AFCON knockout spot
-
10 countries warn of 'catastrophic' Gaza situation
-
Performers cancel concerts at Kennedy center after Trump renaming
-
Burst tyre and speed contributed to Joshua crash say investigators
-
Students join Iran demonstrations after shopkeepers protest
-
Johnson still a Spurs player despite Palace interest, says Frank
-
UAE to pull forces out of Yemen as 24-hour deadline set
-
Chinese leasing firm CALC orders 30 Airbus A320neo planes
-
Germany bank heist nets about 30mn euros in cash, valuables: police
-
AU observers praise 'peaceful' Central African Republic polls
-
Ivory Coast coach Fae backs switching AFCON to every four years
-
'Make our country happy': Sudan dream of AFCON glory as conflict rages at home
-
Students join demonstrations after Iran shopkeepers protest
-
French ban on 'forever chemicals' in cosmetics, clothing to enter force
-
Fury offers condolences to victims of Joshua car crash
-
A war within a war: Yemen's latest conflict
-
Spanish woman known for failed fresco restoration dies
-
I.Coast ruling party's dominance leaves opposition on brink
-
Eurostar suspends all Europe trains due to power problem
-
Kyiv says no evidence for Putin residence attack
-
Eurostar urges passengers to postpone journeys due to 'major disruption'
-
Moody's lowers city of Budapest's rating to junk
-
France pushes back plastic cup ban by four years
-
Iran president urges officials to address protestors' complaints
-
Russia to re-privatise airport that it seized
-
K-pop label ADOR files damages suit against ex-NewJeans member
-
Loss and laughter: war medics heal in west Ukraine mountains
-
Iran president urges government to heed economic protests
-
China fires missiles on second day of military drills around Taiwan
-
Bethell says 'lot more to do' to nail down England number three spot
-
Injured Archer included in England T20 World Cup squad
-
Trump says US hit dock for Venezuela drug boats
-
The race to find Formula 1's first-ever woman champion
-
China fires rockets on second day of military drills around Taiwan
-
Rockets, jets fuel unification hopes on Chinese island near Taiwan
-
Saudi-led coalition says targets arms shipments from UAE in Yemen
-
Falcons hold off Rams second-half comeback to win 27-24
-
Nuggets reel from Jokic injury, Thunder rout Hawks
-
What to know about China's drills around Taiwan
-
Bangladesh's former prime minister Khaleda Zia dies aged 80
-
Japan footballer 'King Kazu' signs for new team at 58
-
Saudi-led coalition says targeted arms shipments from UAE in Yemen
| SCS | 0.12% | 16.14 | $ | |
| CMSC | -0.08% | 23.051 | $ | |
| BCC | -1.02% | 73.78 | $ | |
| NGG | 0.43% | 77.783 | $ | |
| BTI | 0.49% | 56.55 | $ | |
| AZN | -0.01% | 92.51 | $ | |
| GSK | 0.35% | 49.283 | $ | |
| RIO | 0.17% | 80.54 | $ | |
| BCE | 0.83% | 23.575 | $ | |
| BP | 0.88% | 34.755 | $ | |
| JRI | 0.85% | 13.595 | $ | |
| CMSD | 0.39% | 23.19 | $ | |
| RYCEF | -1.83% | 15.28 | $ | |
| VOD | 0.6% | 13.23 | $ | |
| RELX | -0.63% | 41.12 | $ | |
| RBGPF | 0.42% | 81.05 | $ |
Virtual global Covid summit yields $3bn in new funding
US President Joe Biden warned nations attending Thursday's virtual global summit on Covid-19 that there was "still so much left to do" to quell the pandemic, as more than $3 billion in new funding was pledged.
The veteran Democrat may however be at pains to spearhead ambitious plans to vaccinate the world and stop the spread of the coronavirus, as Congress has so far refused to authorize billions of dollars in funding.
The United States crossed a grim milestone as the summit began, with the White House announcing that more than one million Americans have now died due to Covid-19, the pandemic's highest recorded death toll in the world.
In his remarks to the summit, Biden said that while progress had been made on global vaccinations and delivering medical equipment to countries in need, "there's still so much left to do. This pandemic isn't over."
"We all must do more. We must honor those we have lost by doing everything we can to prevent as many deaths as possible," the US leader said.
The White House announced that the summit had "garnered new financial commitments totaling more than $3 billion in new funding... above and beyond pledges made to date in 2022."
More than $2 billion of that total will go towards "immediate" Covid-19 response, while $962 million has been committed to a World Bank fund for pandemic preparedness and global health security.
The United States pledged another $200 million to that fund, raising its contribution to $450 million.
"We want to prevent complacency. The pandemic is not over," a senior US official said of Thursday's meeting, which follows a first global huddle last September.
So far, the worldwide Covid-19 death toll stands at more than six million people.
The virtual gathering was co-chaired by the United States, along with current G7 president Germany, G20 president Indonesia, African Union chair Senegal, and Belize, the current chair of the CARICOM Caribbean grouping.
- 'Loud call' to Congress -
Unlike last September, when Biden challenged partners to surge vaccines worldwide and get 70 percent of every country vaccinated by September of this year, the US government came to Thursday's session hobbled by an inability to secure even its own funding.
Biden has requested another $22.5 billion in emergency Covid money, including $5 billion for the administration's signature international program, which has seen some 500 million vaccine doses shipped to more than 100 countries.
After debate, preliminary agreement was reached in the legislature on spending just $10 billion, with nothing for the foreign vaccines.
"You will hear a loud call" to Congress, the US official said. "We know the virus is not waiting for Congress. So we need urgent, urgent action."
Opponents in Congress have been especially concerned about funding foreign vaccinations, but the senior official argued that when a new virus variant strikes, it is likely to start abroad before hitting the United States.
"Without additional emergency Covid-19 funding, the United States will be unable to purchase additional life-saving treatments for the American people," the official said.
"The United States will be less able to stop the spread of dangerous new variants from around the world and the United States will be unable to keep vaccinating the world against Covid-19."
A.Jones--AMWN