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U.S. trade chief Tai says recovery depends on addressing global vaccine inequity By Reuters

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U.S. trade chief Tai says recovery depends on addressing global vaccine inequity By Reuters



© Reuters. FILE PHOTO: U.S. Trade Representative Katherine Tai testifies before the Senate Appropriations Subcommittee on Commerce, Justice, Science, and Related Agencies during a hearing on the proposed budget for fiscal year 2022 for the Office of the U.S. Trade R

WASHINGTON (Reuters) -U.S. Trade Representative Katherine Tai said on Tuesday that making vaccines more widely available throughout the world is needed to end the coronavirus pandemic and foster economic recovery.

In remarks to a Council of the Americas conference, Tai said the world has made real strides toward ending the pandemic, but a lot of work lies ahead.

“That includes making the vaccine widely available and addressing the global inequity in vaccine access,” she said. “This is not just a public health requirement. Our economic recovery depends on it.”

Tai is due to discuss demands from developing countries for a World Trade Organization waiver of intellectual property rights on coronavirus vaccines U.S. trade rep Tai says recovery depends on addressing global vaccine inequity

uring a WTO General Council meeting later this week.

She has been meeting with the chief executives of the major vaccine manufacturers in recent days to discuss the waiver proposal and ways to boost vaccine production and distribution..

White House Chief of Staff Ron Klain said https://www.cbsnews.com/news/transcript-ron-klain-on-face-the-nation-may-2-2021 on Sunday that Tai would “start talks on how we can get this vaccine more widely distributed, more widely licensed, more widely shared,” adding that more details would be offered in coming days.

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Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.





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EU willing to discuss COVID-19 vaccine patent waiver: EU’s von der Leyen By Reuters

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EU willing to discuss COVID-19 vaccine patent waiver: EU’s von der Leyen By Reuters



© Reuters. FILE PHOTO: European Commission President Ursula von der Leyen removes her mask while meeting with Jordan’s King Abdullah II ibn Al Hussein (not pictured) in Brussels, Belgium May 5, 2021. REUTERS/Yves Herman/Pool

BRUSSELS (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 EU is also ready to discuss any proposals that addresses the crisis in an effective and pragmatic manner,” she said in a speech to the European University Institute in Florence.

“That’s why we are ready to discuss how the U.S. proposal for a waiver on intellectual property protections for COVID-19 vaccines could help achieve that objective.”

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.





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Signs the Bitcoin hashrate is starting to move away from China By Cointelegraph

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Signs the Bitcoin hashrate is starting to move away from China By Cointelegraph



Signs the Bitcoin hashrate is starting to move away from China

Although the majority of mining is still based in China, there are signs it is beginning to shift elsewhere.

Chun Wang, the co-founder of one of Bitcoin’s largest mining pools, F2Pool, reported that China represented less than half of its hash rate during April 2020. Wung noted it was the first time the pool had seen Chinese miners represent a minority of hash rate in its eight years of operation. “The shifting is real,” he said.