Germany will receive up to 880,000 fewer doses of the COVID vaccine from Moderna Incas delivery of planned doses for the end of April is canceled, reports Business Insider. Additional details: “They specifically expected between 627,600 and 878,400 doses of the company for the 17th calendar week (April 26-May 2). Obviously, they will come. “ […]
Tag: Macroeconomy
Prime Minister Morrison says EU has denied export of 250,000 doses of COVID vaccine to Australia
The Australian Prime Minister, Scott Morrison, expressed concern on Wednesday, as the European Union (EU) has denied the export of covid vaccines to Australia. Key Comments: I do not criticize the EU for the delay in the vaccine. Any suggestion of criticism against the European Union would be completely wrong. The European Union has denied […]
Le Maire Says New Restrictions Due to COVID-19 Will Impact Economic Growth
Commenting on the negative impact of the new blockade due to covid on French economic growth, the country’s Finance Minister, Bruno Le Maire, has said that it is too early to say how much. Additional comments: The new lock should have an impact on the economy in 2021. The blockade will have an impact on […]
IMF to upgrade previous forecast for 5.5% global growth in 2021 – Kristalina Georgieva
The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, said Monday that the IMS plans to revise upward the previous forecast of 5.5% global growth in 2021, according to Reuters reported. Featured statements “The IMF will also raise the forecast for 2022.” “The global economy is on a firmer footing, but there are […]
Le Maire says all options remain on the table to protect people’s health
Commenting on the likelihood of an expansion of the blockade in the country, French Finance Minister Bruno Le Maire said that “all options remain on the table to protect people’s health“. Additional comments: Whenever we can avoid taking stricter covid restraint measures, We should do it. There are no plans at this time to change […]
GDP should contract 0.7% quarter-on-quarter in the first quarter
Following the publication of IFO’s latest German business survey, institute economist Klaus Wohlrabe has said that the economy is expected to show a slight contraction in the first quarter. Additional comments: German GDP should contract 0.7% qoq in the first quarter. German industry is very strong, the order books have been filled. In the manufacturing […]
Covid Vaccine Phase 3 Trial in USA Confirmed Efficacy
AstraZeneca confirmed Wednesday that his COVID-19 vaccine was very effective in preventing disease. The Anglo-Swedish drugmaker has confirmed this based on more recent data after questions were raised about the interim results of its US clinical trial findings announced on Monday. Key Comments: “Positive results from the primary analysis of the phase III trial of […]
00 GMT to discuss lockdown measures
According to Reuters, the Chancellor of Germany, Angela Merkel, has called an unexpected meeting to discuss the blocking measures. The meeting is scheduled for 10:00 GMT. This occurs when the 7-day incidence rate has risen to 108.1 on Wednesday and about 16,000 new coronavirus infections were reported. On Tuesday, the German leader said that “we […]
AstraZeneca may have included ‘outdated information’ in the US clinical trial.
In response to the findings from AstraZeneca’s covid vaccine trial, the National Institute of Allergy and Infectious Diseases (NIAID) said in its statement Tuesday that the Anglo-Swedish drugmaker may have included ‘outdated information’ in the US clinical trial findings. Key takeaways from the statement: “On Monday night, the Data and Security Monitoring Board (DSMB) notified […]
Merkel says Germany is now in a very dire situation
Following the conclusion of the meeting with the prime ministers of state on Tuesday morning, the German Chancellor, Angela Merkel, has expressed concern about the seriousness of the coronavirus situation in the country. Has confirmed that the blockade in the country will last until April 18. Europe’s largest economy struggles with rising covid cases and […]
