The Economic Corner || Should The Governments Work With A Portfolio Of Vaccines To End The Pandemic?

Be the First to Comment Read

The Economic Corner || Should The Governments Work With A Portfolio Of Vaccines To End The Pandemic?

Welcome to the Economic Corner – where we update you on all the biggest global economic announcements. 

• First up on the Economic Corner is a major update coming in from the Downing Street. British Prime Minister Boris Johnson and Australian Prime Minister Scott Morrison agreed on broad terms of a trade deal over dinner. This is the first trade deal to be negotiated from scratch since the UK left the EU.

• The UK government said that membership of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) could provide British farmers with huge opportunities.

• Moving on to the Minutes of the Monetary Policy Meeting of the Reserve Bank Board --- Members started their discussion of international economic developments by noting that the global outlook had improved over recent months and risks to the global economy had become more balanced.

• COVID-19 case numbers had fallen in many advanced economies as vaccination rates had risen, and containment measures were being eased.

•  Turning to domestic economic developments, members noted that the Australian economy was transitioning from recovery to expansion with more momentum than previously anticipated.

• The European Union is testing investors’ appetite to fund nearly $1 trillion of debt over five years as it seeks to finance its recovery from the coronavirus pandemic.

• Next up is a good news on the vaccine efficiency front -- Novavax’s Covid-19 vaccine remains effective when administered at the same time as a flu jab. The phase 3 trial was carried out on 431 people in the UK.

Disclaimer

Speak your Mind

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK