US President Joe Biden makes remarks from the White House after his coronavirus pandemic relief legislation passed in the Senate, in Washington, US March 6, 2021 [Erin Scott/Reuters]
Last year, under the leadership of former President Donald Trump, the United States struggled to get the spread of coronavirus under control within its borders, recording more than half a million known COVID-19 fatalities and becoming an epicentre of the pandemic. Now, however, America is finally taking steps to get its house in order. A mass vaccination campaign is under way and, on March 11, President Joe Biden signed into law a $1.9 trillion “American Rescue Plan” to “provide immediate, direct relief to families bearing the brunt of the COVID-19 crisis, and support struggling communities”.
Uniindia: Dhaka, Apr 14 (UNI) The government of Bangladesh signed three financing agreements totalling $1.04 billion with the World Bank to respond to the COVID-19 pandemic and to build resilience to future crises, including vaccination against COVID-19, expand electronic procurement and accelerate economic recovery.
Bangladesh Receives Over $1 Billion World Bank Financing for Vaccination and Responding to COVID-19 Pandemic miragenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from miragenews.com Daily Mail and Mail on Sunday newspapers.
Climate safety nets for all
Apr 10,2021 - Last updated at Apr 10,2021
LONDON As preparations for this year’s COP26 climate summit in Glasgow intensify, attention is focused on efforts to prevent a future catastrophe. But real-time climate catastrophes already are playing out in the lives of millions of the world’s poorest and most vulnerable people. What will COP26 offer them?
Stick a pin in a map of global humanitarian emergencies, and you will most likely land on a crisis that has been caused or aggravated by droughts, floods and storms. In 2019, extreme weather events pushed more than 34 million people into hunger and food insecurity. In the 55 countries with food-insecurity crises, 75 million children under the age of five are chronically undernourished and face higher risks of diarrhea, pneumonia, and other killer diseases that accompany droughts and floods.
Major economies should inject ‘significant’ support for global economy: Yellen
U.S. Treasury Secretary Janet Yellen on Thursday warned of the risk of a permanence divergence in the global economy, and urged major economies to strive to provide significant amounts of new fiscal support to secure a robust recovery.
In a statement to the steering committees of the International Monetary Fund and the World Bank, Yellen underscored the need to continue supporting the world’s poorest countries as they grapple with the COVID-19 pandemic, climate change and high debt burdens.
She urged the World Bank to support developing countries and ensure they get timely access to COVID-19 vaccines, and said the United States supported accelerated negotiation to replenish the World Bank’s International Development Association fund for the poorest countries.