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

USD -
AED 3.6725
AFN 66.50327
ALL 80.653395
AMD 365.190533
AOA 917.000309
ARS 1493.416007
AUD 1.416772
AWG 1.80125
AZN 1.689851
BAM 1.692154
BBD 2.008721
BDT 123.455081
BHD 0.3761
BIF 2985.970817
BMD 1
BND 1.277984
BOB 11.853211
BRL 5.083898
BSD 0.997309
BTN 94.901089
BWP 13.461555
BYN 2.969692
BYR 19600
BZD 2.005779
CAD 1.39606
CDF 2262.502134
CHF 0.809098
CLF 0.023198
CLP 913.000141
CNY 6.747598
CNH 6.74699
COP 3157.69
CRC 453.361712
CUC 1
CUP 26.5
CVE 95.398565
CZK 21.010974
DJF 177.598394
DKK 6.472445
DOP 58.218911
DZD 132.350167
EGP 49.803294
ERN 15
ETB 160.971007
EUR 0.865819
FJD 2.20855
FKP 0.74148
GBP 0.741655
GEL 2.610398
GGP 0.74148
GHS 11.701051
GIP 0.74148
GMD 73.50146
GNF 8759.111457
GTQ 7.609218
GYD 208.606894
HKD 7.84524
HNL 26.731037
HRK 6.522098
HTG 130.40262
HUF 314.6285
IDR 17816.05
ILS 2.999849
IMP 0.74148
INR 95.19805
IQD 1306.448752
IRR 1375550.000174
ISK 123.469937
JEP 0.74148
JMD 158.382433
JOD 0.708972
JPY 158.207962
KES 128.880029
KGS 87.450078
KHR 4050.85633
KMF 426.000291
KRW 1415.545005
KWD 0.30866
KYD 0.831109
KZT 467.406398
LAK 22517.541811
LBP 89309.055987
LKR 334.518649
LRD 180.013843
LSL 16.202317
LTL 2.95274
LVL 0.60489
LYD 6.343603
MAD 9.294994
MDL 17.342816
MGA 4255.889809
MKD 53.231298
MMK 2099.549369
MNT 3595.852714
MOP 8.059058
MRU 40.09223
MUR 47.250125
MVR 15.449987
MWK 1729.34998
MXN 17.152604
MYR 4.088496
MZN 63.904983
NAD 16.202107
NGN 1361.610134
NIO 36.701693
NOK 9.51214
NPR 151.845026
NZD 1.700955
OMR 0.382805
PAB 0.997314
PEN 3.377444
PGK 4.407375
PHP 60.777936
PKR 276.877947
PLN 3.722597
PYG 5930.040405
QAR 3.64559
RON 4.544397
RSD 101.521437
RUB 81.682483
RWF 1466.50401
SAR 3.744756
SBD 8.065696
SCR 14.45314
SDG 600.504736
SEK 9.49805
SGD 1.279715
SLE 24.598376
SOS 569.989877
SRD 37.8665
STD 20697.981008
STN 21.197622
SVC 8.726386
SZL 16.199029
THB 33.032022
TJS 9.200175
TMT 3.51
TND 2.92983
TRY 47.714801
TTD 6.759762
TWD 32.218603
TZS 2643.56301
UAH 44.66703
UGX 3714.372216
UYU 40.144833
UZS 11927.514351
VES 755.762399
VND 26138.5
VUV 118.557141
WST 2.733716
XAF 567.53013
XAG 0.015799
XAU 0.000232
XCD 2.70255
XCG 1.797449
XDR 0.705825
XOF 567.53013
XPF 103.182603
YER 238.402481
ZAR 16.18135
ZMK 9001.198411
ZMW 18.824028
ZWL 321.999592
  • CMSC

    0.0240

    21.744

    +0.11%

  • RIO

    1.4500

    101.1

    +1.43%

  • BP

    -0.6000

    41.63

    -1.44%

  • GSK

    0.7900

    52.96

    +1.49%

  • RBGPF

    0.7600

    70.5

    +1.08%

  • BCE

    -0.0200

    22.75

    -0.09%

  • BTI

    0.6000

    59.33

    +1.01%

  • RELX

    0.0485

    35.52

    +0.14%

  • CMSD

    -0.1600

    21.82

    -0.73%

  • BCC

    2.3400

    86.6

    +2.7%

  • JRI

    0.1500

    12.81

    +1.17%

  • NGG

    0.4700

    80.88

    +0.58%

  • AZN

    1.4100

    161.42

    +0.87%

  • RYCEF

    0.2300

    20.85

    +1.1%

  • VOD

    0.1900

    16.19

    +1.17%

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