Former British Prime Minister Gordon Brown backed a called to make Covid-19 vaccines more widely available. Reuters
Former British Prime Minister Gordon Brown backed a called to make Covid-19 vaccines more widely available. Reuters
Former British Prime Minister Gordon Brown backed a called to make Covid-19 vaccines more widely available. Reuters
Former British Prime Minister Gordon Brown backed a called to make Covid-19 vaccines more widely available. Reuters

Waive Covid-19 vaccine property rules, ex-world leaders urge US


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More than 170 former national leaders and Nobel Prize winners have called on the US to waive intellectual property rules for Covid-19 vaccines to give poorer countries faster access to inoculations.

A waiver would boost vaccine manufacturing and speed up the response to the pandemic in poorer countries which otherwise might have to wait years, they said in a joint letter to US President Joe Biden that was sent to news organisations late on Wednesday.

The group said it was "gravely concerned by the very slow progress" in scaling up global vaccine access and inoculation in low- and middle-income countries.

Nobel winners Muhammad Yunus, Joseph Stiglitz and Mohamed ElBaradei as well as former world leaders such as Mikhail Gorbachev, Francois Hollande and Gordon Brown all put their names to the letter.

While vaccination roll-out in the United States and many wealthier countries was bringing hope to their citizens, "for the majority of the world that same hope is yet to be seen", said the signatories.

"President Biden has said that no one is safe until everyone is safe, and now with the G7 ahead there is an unparalleled opportunity to provide the leadership that only the US can provide," said Mr Brown, former British prime minister, referring to an upcoming meeting of the world's wealthiest countries.

It said that, based on the current pace of vaccine production, most poor nations will have to wait until at least 2024 to achieve mass Covid-19 immunisation.

"New mutations of the virus will continue to cost lives and upend our interconnected global economy until everyone, everywhere has access to a safe and effective vaccine," said Mr Stiglitz, a Nobel Economics Prize winner.

The group said it was "encouraged" that the Biden administration was considering a temporary waiver of World Trade Organisation intellectual property rules during the pandemic, as proposed by South Africa and India.

Such a waiver would be "a vital and necessary step to bringing an end to this pandemic" as it would expand global manufacturing capacity, "unhindered by industry monopolies that are driving the dire supply shortages blocking vaccine access".

Full protection of intellectual property and monopolies would negatively impact efforts to vaccinate the world and be self-defeating for the US, the group said in the letter co-ordinated by the People's Vaccine Alliance, a coalition of more than 50 development organisations.

"Were the virus left to roam the world, and even if vaccinated, people in the US would continue to be exposed to new viral variants," they said.

The letter comes days after the World Health Organisation condemned the scarcity of Covid doses available to poorer nations.

"There remains a shocking imbalance in the global distribution of vaccines," WHO chief Tedros Adhanom Ghebreyesus said last Friday.

By then, more than 732 million doses of Covid-19 vaccines had been administered in at least 195 territories around the world, according to an AFP count.

But 49 per cent of the doses were injected in high-income countries accounting for 16 per cent of the global population.

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Publisher: EA Sports

Consoles: PC, PlayStation 4/5, Xbox Series X/S

Rating: 3/5

Financial considerations before buying a property

Buyers should try to pay as much in cash as possible for a property, limiting the mortgage value to as little as they can afford. This means they not only pay less in interest but their monthly costs are also reduced. Ideally, the monthly mortgage payment should not exceed 20 per cent of the purchaser’s total household income, says Carol Glynn, founder of Conscious Finance Coaching.

“If it’s a rental property, plan for the property to have periods when it does not have a tenant. Ensure you have enough cash set aside to pay the mortgage and other costs during these periods, ideally at least six months,” she says. 

Also, shop around for the best mortgage interest rate. Understand the terms and conditions, especially what happens after any introductory periods, Ms Glynn adds.

Using a good mortgage broker is worth the investment to obtain the best rate available for a buyer’s needs and circumstances. A good mortgage broker will help the buyer understand the terms and conditions of the mortgage and make the purchasing process efficient and easier. 

RESULTS

6pm: Al Maktoum Challenge Round-2 – Group 1 (PA) $55,000 (Dirt) 1,900m
Winner: Rajeh, Antonio Fresu (jockey), Musabah Al Muhairi (trainer)

6.35pm: Oud Metha Stakes – Rated Conditions (TB) $60,000 (D) 1,200m
Winner: Get Back Goldie, William Buick, Doug O’Neill

7.10pm: Jumeirah Classic – Listed (TB) $150,000 (Turf) 1,600m
Winner: Sovereign Prince, James Doyle, Charlie Appleby

7.45pm: Firebreak Stakes – Group 3 (TB) $150,000 (D) 1,600m
Winner: Hypothetical, Mickael Barzalona, Salem bin Ghadayer

8.20pm: Al Maktoum Challenge Round-2 – Group 2 (TB) $350,000 (D) 1,900m
Winner: Hot Rod Charlie, William Buick, Doug O’Neill

8.55pm: Al Bastakiya Trial – Conditions (TB) $60,000 (D) 1,900m
Winner: Withering, Adrie de Vries, Fawzi Nass

9.30pm: Balanchine – Group 2 (TB) $180,000 (T) 1,800m
Winner: Creative Flair, William Buick, Charlie Appleby

What is type-1 diabetes

Type 1 diabetes is a genetic and unavoidable condition, rather than the lifestyle-related type 2 diabetes.

It occurs mostly in people under 40 and a result of the pancreas failing to produce enough insulin to regulate blood sugars.

Too much or too little blood sugar can result in an attack where sufferers lose consciousness in serious cases.

Being overweight or obese increases the chances of developing the more common type 2 diabetes.

The distance learning plan

Spring break will be from March 8 - 19

Public school pupils will undergo distance learning from March 22 - April 2. School hours will be 8.30am to 1.30pm

Staff will be trained in distance learning programmes from March 15 - 19

Teaching hours will be 8am to 2pm during distance learning

Pupils will return to school for normal lessons from April 5

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Power: 181hp

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