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Prepare for rising interest rates, warns IMF head

Prepare for rising interest rates, warns IMF head Sign outside the headquarters of the International Monetary Fund (IMF) in Washington, DC, 15 April, 2020 [SAUL LOEB/AFP via Getty Images] May 7, 2021 at 5:42 pm The International Monetary Fund head on Thursday warned that policy support provided as part of measures to combat the COVID-19 pandemic should be withdrawn very carefully, saying countries need to prepare for higher interest rates, Anadolu Agency reports. It is especially important to monitor the US interest rates since there is significant movement there, Kristalina Georgieva told an event organized by the European University Institute in Florence, Italy, via video conference.

EU says willing to discuss waiver of Covid-19 vaccine patents

EU says willing to discuss waiver of Covid-19 vaccine patents France24 07 May 2021, 04:08 GMT+10 The European Union is willing to discuss a proposal, now backed by US President Joe Biden s administration, to waive intellectual property rights for Covid-19 vaccines, European Commission chief Ursula von der Leyen said on Thursday. The head of the EU executive said the bloc s vaccination effort was accelerating, with 30 Europeans being inoculated per second, while exporting more than 200 million vaccine doses to the rest of the world - contrasting with limited sharing of vaccines by the United States and Britain. The EU is also ready to discuss any proposals that address the crisis in an effective and pragmatic manner, von der Leyen said in a speech to the European University Institute in Florence.

EU ready to discuss waiving Covid-19 vaccines patent, says von der Leyen

updated: May 06 2021, 14:59 ist The European Union is willing to discuss a proposal, now backed by the United States, to waive intellectual property rights for Covid-19 vaccines, European Commission president Ursula von der Leyen said on Thursday. The head of the EU executive said the bloc s vaccination effort was accelerating, with 30 Europeans inoculated per second, while exporting more than 200 million vaccine doses to the rest of the world. The EU is also ready to discuss any proposals that addresses the crisis in an effective and pragmatic manner, von der Leyen said in a speech to the European University Institute in Florence.

UPDATE 1-EU ready to discuss COVID vaccine patent waiver, says von der Leyen

5/6/2021 (Adds more from von der Leyen, patent dispute) BRUSSELS, May 6 (Reuters) - The European Union is willing to discuss a proposal, now backed by the United States, to waive intellectual property rights for COVID-19 vaccines, European Commission president Ursula von der Leyen said on Thursday. The head of the EU executive said the bloc s vaccination effort was accelerating, with 30 Europeans inoculated per second, while exporting more than 200 million vaccine doses to the rest of the world. The EU is also ready to discuss any proposals that addresses the crisis in an effective and pragmatic manner, von der Leyen said in a speech to the European University Institute

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