The Fort Worth Press - US funding doubts overshadow Biden's latest global Covid summit

USD -
AED 3.672504
AFN 66.067856
ALL 82.329403
AMD 381.252395
ANG 1.790403
AOA 917.000367
ARS 1440.750402
AUD 1.502178
AWG 1.8
AZN 1.70397
BAM 1.665148
BBD 2.010898
BDT 122.012686
BGN 1.66663
BHD 0.376399
BIF 2951.002512
BMD 1
BND 1.28943
BOB 6.898812
BRL 5.419704
BSD 0.998425
BTN 90.29075
BWP 13.228896
BYN 2.94334
BYR 19600
BZD 2.008003
CAD 1.37795
CDF 2240.000362
CHF 0.795992
CLF 0.023203
CLP 910.250396
CNY 7.054504
CNH 7.05355
COP 3802.477545
CRC 499.425312
CUC 1
CUP 26.5
CVE 93.878507
CZK 20.669104
DJF 177.795752
DKK 6.361804
DOP 63.471117
DZD 129.660125
EGP 47.313439
ERN 15
ETB 156.002554
EUR 0.851404
FJD 2.271804
FKP 0.749181
GBP 0.747831
GEL 2.703861
GGP 0.749181
GHS 11.461411
GIP 0.749181
GMD 73.000355
GNF 8683.325529
GTQ 7.647184
GYD 208.879997
HKD 7.78025
HNL 26.285812
HRK 6.417704
HTG 130.867141
HUF 327.990388
IDR 16633.75
ILS 3.222795
IMP 0.749181
INR 90.570104
IQD 1307.905155
IRR 42122.503816
ISK 126.403814
JEP 0.749181
JMD 159.856966
JOD 0.70904
JPY 155.76504
KES 128.74718
KGS 87.450384
KHR 3997.275552
KMF 419.503794
KPW 899.985916
KRW 1474.530383
KWD 0.306704
KYD 0.832063
KZT 520.710059
LAK 21644.885275
LBP 89408.028607
LKR 308.509642
LRD 176.22068
LSL 16.844664
LTL 2.95274
LVL 0.60489
LYD 5.423354
MAD 9.185305
MDL 16.877953
MGA 4422.970499
MKD 52.403048
MMK 2099.89073
MNT 3548.272408
MOP 8.006045
MRU 39.956579
MUR 45.920378
MVR 15.403739
MWK 1731.301349
MXN 18.013904
MYR 4.097304
MZN 63.910377
NAD 16.844664
NGN 1452.570377
NIO 36.745988
NOK 10.137304
NPR 144.46554
NZD 1.72295
OMR 0.384504
PAB 0.998425
PEN 3.361458
PGK 4.303776
PHP 59.115038
PKR 279.805628
PLN 3.59745
PYG 6706.398195
QAR 3.638755
RON 4.335904
RSD 99.936146
RUB 79.673577
RWF 1453.152271
SAR 3.752205
SBD 8.176752
SCR 15.027038
SDG 601.503676
SEK 9.269904
SGD 1.292104
SHP 0.750259
SLE 24.125038
SLL 20969.503664
SOS 569.579839
SRD 38.548038
STD 20697.981008
STN 20.859052
SVC 8.736112
SYP 11057.088706
SZL 16.838789
THB 31.595038
TJS 9.175429
TMT 3.51
TND 2.918735
TOP 2.40776
TRY 42.580368
TTD 6.775361
TWD 31.335104
TZS 2471.074028
UAH 42.185773
UGX 3548.593078
UYU 39.180963
UZS 12028.436422
VES 267.43975
VND 26306
VUV 121.393357
WST 2.775465
XAF 558.475161
XAG 0.016141
XAU 0.000233
XCD 2.70255
XCG 1.799413
XDR 0.694564
XOF 558.475161
XPF 101.536759
YER 238.503589
ZAR 16.87546
ZMK 9001.203584
ZMW 23.038611
ZWL 321.999592
  • RBGPF

    0.0000

    81.17

    0%

  • SCS

    0.0200

    16.14

    +0.12%

  • BCC

    0.2500

    76.51

    +0.33%

  • NGG

    0.2400

    74.93

    +0.32%

  • JRI

    -0.0200

    13.7

    -0.15%

  • BTI

    -1.2700

    57.1

    -2.22%

  • CMSC

    -0.1300

    23.3

    -0.56%

  • RELX

    0.1000

    40.38

    +0.25%

  • BCE

    0.3100

    23.71

    +1.31%

  • GSK

    -0.0700

    48.81

    -0.14%

  • RYCEF

    -0.2500

    14.6

    -1.71%

  • RIO

    -1.0800

    75.66

    -1.43%

  • CMSD

    -0.1500

    23.25

    -0.65%

  • AZN

    -0.4600

    89.83

    -0.51%

  • VOD

    0.0500

    12.59

    +0.4%

  • BP

    -0.2700

    35.26

    -0.77%

US funding doubts overshadow Biden's latest global Covid summit
US funding doubts overshadow Biden's latest global Covid summit / Photo: © AFP

US funding doubts overshadow Biden's latest global Covid summit

President Joe Biden will address a global summit on Covid-19 Thursday, but Congress' refusal to authorize billions of dollars in funding has thrown into doubt his role as leader of ambitious plans to vaccinate the world and finally stop the pandemic.

Text size:

The US crossed a grim milestone ahead of the summit, with the White House announcing that more than one million Americans had died due to Covid-19, the highest recorded death toll from the pandemic in the world.

A senior US official said the summit would aim to "redouble" international cooperation on combating Covid, which has killed more than six million people worldwide and triggered profound economic disruption.

"We want to prevent complacency. The pandemic is not over," the official said, adding that the summit will also discuss preparing the world "for the next one -- the next pandemic."

The virtual gathering will be co-chaired by the United States, along with current G7 president Germany, G20 president Indonesia, African Union chair Senegal, and Belize, the current chair of the CARICOM Caribbean grouping.

Biden is expected to open the summit, which follows a first global huddle last September.

Unlike then, when Biden challenged partners to surge vaccines around the world and get 70 percent of every country vaccinated by September of this year, the US government will come to Thursday's session hobbled by inability to secure even its own funding.

Biden has requested another $22.5 billion in emergency Covid funding, including $5 billion for the administration's signature international program, which has already seen some 500 million vaccine doses shipped to more than 100 countries.

After debate, preliminary agreement was reached in the legislature on spending just $10 billion, with nothing for the foreign vaccines.

"You will hear a loud call" to Congress, the US official said. "We know the virus is not waiting for Congress. So we need urgent, urgent action."

In his statement announcing the US death toll on Thursday, Biden said it was "critical" for Congress to continue to fund anti-pandemic efforts.

According to the official, a properly funded and coordinated international approach is the only way that the world can rid itself of a virus which -- while now far less deadly than before vaccines were available -- continues to mutate and spread, slowing down the return to full economic activity.

Opponents in Congress have been especially concerned by the money requested for foreign vaccinations, but the official argued that when a new virus variant strikes it is likely to start abroad before hitting the United States.

"Without additional emergency Covid-19 funding, the United States will be unable to purchase additional life-saving treatments to the American people. The United States will be less able to stop the spread of dangerous new variants from around the world and the United States will be unable to keep vaccinating the world against Covid-19."

The summit will hear appeals for countries to invest in a World Bank pandemic preparedness fund, with the United States set to pledge another $200 million, raising its contribution to $450 million, the official said.

X.Silva--TFWP