The China Mail - US funding doubts overshadow Biden's latest global Covid summit

USD -
AED 3.672504
AFN 65.503991
ALL 80.193613
AMD 365.443623
ANG 1.789783
AOA 918.000367
ARS 1475.150612
AUD 1.415829
AWG 1.80125
AZN 1.70397
BAM 1.690479
BBD 2.011669
BDT 122.606854
BGN 1.696366
BHD 0.37668
BIF 2985.954449
BMD 1
BND 1.277583
BOB 11.640953
BRL 5.222404
BSD 0.998833
BTN 95.261679
BWP 13.45607
BYN 3.037988
BYR 19600
BZD 2.008816
CAD 1.38765
CDF 2273.000362
CHF 0.813512
CLF 0.023251
CLP 913.600415
CNY 6.743204
CNH 6.74452
COP 3115.519253
CRC 449.371191
CUC 1
CUP 26.5
CVE 95.306625
CZK 20.930304
DJF 177.864212
DKK 6.460604
DOP 58.464065
DZD 131.663425
EGP 49.854358
ERN 15
ETB 161.573793
EUR 0.864504
FJD 2.234204
FKP 0.737767
GBP 0.739153
GEL 2.610391
GGP 0.737767
GHS 10.937378
GIP 0.737767
GMD 73.503851
GNF 8773.931458
GTQ 7.6209
GYD 208.928649
HKD 7.84715
HNL 26.775574
HRK 6.513204
HTG 130.645231
HUF 313.830388
IDR 17828.1
ILS 2.955104
IMP 0.737767
INR 95.450504
IQD 1308.440296
IRR 1374587.503816
ISK 122.903814
JEP 0.737767
JMD 158.174511
JOD 0.70904
JPY 159.30404
KES 129.09806
KGS 87.450384
KHR 4041.661265
KMF 427.00035
KPW 900.000294
KRW 1416.470383
KWD 0.30868
KYD 0.832361
KZT 463.468603
LAK 22542.892951
LBP 89443.536886
LKR 332.365271
LRD 181.287005
LSL 16.158607
LTL 2.95274
LVL 0.60489
LYD 6.359825
MAD 9.264013
MDL 17.319677
MGA 4300.099399
MKD 53.182938
MMK 2099.658525
MNT 3597.556359
MOP 8.073123
MRU 40.112364
MUR 47.103741
MVR 15.450378
MWK 1731.967674
MXN 17.023504
MYR 4.085904
MZN 63.910377
NAD 16.158607
NGN 1359.570377
NIO 36.760448
NOK 9.442604
NPR 152.41886
NZD 1.697217
OMR 0.384504
PAB 0.998833
PEN 3.368858
PGK 4.486797
PHP 61.465038
PKR 277.41994
PLN 3.72275
PYG 5995.073253
QAR 3.641125
RON 4.526704
RSD 101.421842
RUB 84.182981
RWF 1468.77566
SAR 3.752773
SBD 8.048583
SCR 13.755996
SDG 600.503676
SEK 9.527038
SGD 1.279604
SHP 0.740866
SLE 24.503667
SLL 20969.499227
SOS 570.811185
SRD 37.974504
STD 20697.981008
STN 21.176369
SVC 8.739358
SYP 13001.999906
SZL 16.156273
THB 33.143038
TJS 9.223994
TMT 3.51
TND 2.928476
TOP 2.40776
TRY 47.867504
TTD 6.76693
TWD 32.021604
TZS 2646.873244
UAH 44.681879
UGX 3710.618436
UYU 40.019016
UZS 11890.747223
VES 770.109104
VND 26148.5
VUV 118.652424
WST 2.734432
XAF 566.970915
XAG 0.015456
XAU 0.000229
XCD 2.70255
XCG 1.800078
XDR 0.707052
XOF 566.970915
XPF 103.081378
YER 237.203589
ZAR 16.16923
ZMK 9001.203584
ZMW 18.87722
ZWL 321.999592
  • CMSC

    -0.0250

    21.45

    -0.12%

  • BCE

    0.1500

    23.47

    +0.64%

  • CMSD

    -0.0100

    21.58

    -0.05%

  • GSK

    -0.4785

    49.52

    -0.97%

  • RBGPF

    0.0000

    71.34

    0%

  • BCC

    -0.8900

    83.24

    -1.07%

  • RYCEF

    0.1300

    20.84

    +0.62%

  • NGG

    -0.1500

    81.05

    -0.19%

  • RIO

    -0.4100

    95.68

    -0.43%

  • AZN

    -0.7900

    156.45

    -0.5%

  • BTI

    -0.2900

    57.06

    -0.51%

  • JRI

    0.0635

    12.61

    +0.5%

  • RELX

    -0.2400

    34.43

    -0.7%

  • BP

    0.2196

    42.53

    +0.52%

  • VOD

    0.2000

    16.42

    +1.22%

US funding doubts overshadow Biden's latest global Covid summit
US funding doubts overshadow Biden's latest global Covid summit / Photo: © AFP

US funding doubts overshadow Biden's latest global Covid summit

President Joe Biden will address a global summit on Covid-19 Thursday, but Congress' refusal to authorize billions of dollars in funding has thrown into doubt his role as leader of ambitious plans to vaccinate the world and finally stop the pandemic.

Text size:

The US crossed a grim milestone ahead of the summit, with the White House announcing that more than one million Americans had died due to Covid-19, the highest recorded death toll from the pandemic in the world.

A senior US official said the summit would aim to "redouble" international cooperation on combating Covid, which has killed more than six million people worldwide and triggered profound economic disruption.

"We want to prevent complacency. The pandemic is not over," the official said, adding that the summit will also discuss preparing the world "for the next one -- the next pandemic."

The virtual gathering will be 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.

Biden is expected to open the summit, which follows a first global huddle last September.

Unlike then, when Biden challenged partners to surge vaccines around the world and get 70 percent of every country vaccinated by September of this year, the US government will come to Thursday's session hobbled by inability to secure even its own funding.

Biden has requested another $22.5 billion in emergency Covid funding, including $5 billion for the administration's signature international program, which has already 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."

In his statement announcing the US death toll on Thursday, Biden said it was "critical" for Congress to continue to fund anti-pandemic efforts.

According to the official, a properly funded and coordinated international approach is the only way that the world can rid itself of a virus which -- while now far less deadly than before vaccines were available -- continues to mutate and spread, slowing down the return to full economic activity.

Opponents in Congress have been especially concerned by the money requested for foreign vaccinations, but the 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 to the American people. 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."

The summit will hear appeals for countries to invest in a World Bank pandemic preparedness fund, with the United States set to pledge another $200 million, raising its contribution to $450 million, the official said.

X.So--ThChM