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Rich nations snap up vaccine stocks in global race for jab

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Rich nations representing a fraction of the global population have already bought up over half the promised Covid-19 vaccine stocks, a study showed, as US President Donald Trump pledged to begin inoculating Americans within weeks.

By AFP Bureaus

Big pharma is racing to produce an effective jab to counter a virus that has now killed more than 935,000 people around the world and infected almost 30 million.

European Union chief Ursula von der Leyen on Wednesday warned against “vaccine nationalism” that she said could put lives at risk by depriving the most vulnerable in poorer nations of immunity.

But a study released by Oxfam showed a group of wealthy countries representing just 13 percent of the world population has already secured the lion’s share of doses.  Read more >>

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